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In the Philippines, a government-owned and controlled corporation (GOCC), sometimes with an "and/or", [1] is a state-owned enterprise that conducts both commercial and non-commercial activity. Examples of the latter would be the Government Service Insurance System (GSIS), a social security system for government employees.
Governance Commission for Government-Owned or -Controlled Corporations (GCC) is a government agency of the Philippines created by Republic Act 10149 or the Governance Act of 2011. It is the central policy-making, advisory, and regulatory body in regards to the operations and management of state-owned companies , designated as Government-owned ...
This category lists GOCCs of the Philippines which have an article in the English-language Wikipedia. The main articles for this category are Governance Commission for GOCCs and Government-owned and controlled corporation .
The other type is government agencies which might also do activities competing with private owned companies. They usually are funded by tax money but can also sell services. The government has tried to avoid having agencies doing commercial activities, by separating out areas that compete with private companies into government-owned companies ...
[26]: 102 Most of the companies which obtained POGO licenses were Chinese, and their businesses primarily catered to the ethnic Chinese community at-large. [ 26 ] : 102 On July 22, 2024, after President Bongbong Marcos officially banned all POGOs in the country, the Philippine Amusement and Gaming Corporation (PAGCOR) are instructed to cease ...
Location of the Philippines. The Philippines is a sovereign island country in Southeast Asia situated in the western Pacific Ocean. It is a founding member of the United Nations, World Trade Organization, Association of Southeast Asian Nations, the Asia-Pacific Economic Cooperation forum, and the East Asia Summit.
The Bases Conversion and Development Authority (BCDA; Filipino: Pangasiwaan sa Pangkaunlarang Kumbersiyon ng mga Base [4]) is a government-owned and controlled corporation under the Office of the President of the Philippines. It is a government instrumentality vested with corporate powers under Republic Act 7227 (Bases Conversion and ...
The Philippine Health Insurance Corporation (PhilHealth) is a tax-exempt, government-owned and controlled corporation (GOCC) of the Philippines that provides health insurance to the country. It was created on 1995 to implement universal health coverage in the Philippines , and is attached to the Department of Health .