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The government also extended military support to Alfonso Lim, with one of his companies enlisting 150 soldiers and 50 security guards. The Philippine Military trained draftees, and Lim paid for their salaries and provided their weapons. [2] Herminio Disini, a Marcos crony known for his tobacco monopoly, also had dealings with agriculture and ...
Philippine National Oil Company: Oil & gas Exploration & production Taguig: 1973 State oil & gas S A Philippine Postal Corporation: Industrials Delivery services Manila: 1767 Postal service S A Philippines AirAsia: Consumer services Airlines Pasay: 2010 Airline P A Philippine Savings Bank: Financials Banks Makati: 1959 Savings bank, part of ...
This list is based on the Forbes Global 2000, which ranks the world's 2,000 largest publicly traded companies. The Forbes list takes into account a multitude of factors, including the revenue, net profit, total assets and market value of each company; each factor is given a weighted rank in terms of importance when considering the overall ...
The end of the petro-dollar glut led financing institutions to begin tightening credit, forcing the government to resort to short-term loans with higher interest rates to service debts and to import goods. [1] In the third quarter of 1981, the Philippine economy followed the course of the US economy into recession. [1]
Certain associates of former Philippine President Ferdinand Marcos, historically referred to using the catchphrase "Marcos cronies", [1] [2] [3] benefited from their friendship with Marcos – whether in terms of legal assistance, political favors, or facilitation of business monopolies, during his administration.
The company was folded and re-created in 2009, and privatized in 2012, under the supervision of the EU and IMF, as it was part of the debt-restructuring process of 2012. OPAP (Lottery and Betting Monopoly) – privatization completed in 2013, when the last remaining government-owned stock was sold [15]
The Philippine Competition Commission is an independent, quasi-judicial body created to enforce the act. It is attached to the Office of the President of the Philippines. [6] Five commissioners were appointed to the Philippine Competition Commission and sworn in on January 27, 2015: [7] Michael G. Aguinaldo (Chairperson) Marah Victoria S. Querol
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 .