This is an old revision of this page, as edited by Zollerriia (talk | contribs) at 10:10, 26 June 2013 (only corrected 1 category. only 1 very little change.). The present address (URL) is a permanent link to this revision, which may differ significantly from the current revision.
Revision as of 10:10, 26 June 2013 by Zollerriia (talk | contribs) (only corrected 1 category. only 1 very little change.)(diff) ← Previous revision | Latest revision (diff) | Newer revision → (diff)A Government owned and controlled corporation (GOCC), sometimes with an "and/or", is a term in the Philippines used to describe government-owned corporations that conduct both commercial and non-commercial activity. Examples of the latter would be the Government Service Insurance System, a social security system for government employees. Many receive significant subsidies from the National Government, which in 2011 amounted to 21 billion Philippine pesos.
Partial list
- Bases Conversion and Development Authority (BCDA)
- Cultural Center of the Philippines (CCP)
- Government Service Insurance System (GSIS)
- Land Bank of the Philippines
- Light Rail Transit Authority (LRTA)
- National Food Authority (NFA)
- National Home Mortgage Finance Corporation
- National Housing Authority (NHA)
- Partido Development Administration
- Philippine Coconut Authority
- Philippine Fisheries Development Authority
- Philippine Health Insurance Corporation (PhilHealth)
- Philippine Institute for Development Studies
- Philippine National Oil Company (PNOC)
- Philippine National Railways (PNR)
- Philippine Postal Corporation (PhilPost)
References
- ^ Cabuag, V.S. (8 March 2012). "Government subsidies to GOCCs grew by 155% in 2011". Business Mirror. Retrieved 5 July 2012.
- Cabuag, V. S. (1 July 2012). "Subsidies to GOCCs declined in May". Business Mirror. Retrieved 5 July 2012.
External links
- Directory of GOCCs from the Philippine national government
- Directory of 67 GOCCs' websites from the Department of Science and Technology
