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                    [ArticleID] => 1484515
                    [Title] => DOF orders state firms, LGUs to bank with GFIs
                    [Summary] => 
The Department of Finance (DOF) has given government agencies, government owned and controlled corporations (GOCCs) and local government units one year to transfer all their funds to an authorized bank.

                    [DatePublished] => 2015-08-04 10:00:00
                    [ColumnID] => 0
                    [Focus] => 0
                    [AuthorID] => 1438879
                    [AuthorName] => Kathleen A. Martin
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => 
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            [1] => Array
                (
                    [ArticleID] => 1244226
                    [Title] => EDITORIAL - Fiscal discipline
                    [Summary] => 
Way back in 2001, Gloria Macapagal-Arroyo had ordered cuts in the salaries and benefits received by officials of government-owned and controlled corporations and government financial institutions. Arroyo reiterated her order in 2004 amid government austerity measures.

                    [DatePublished] => 2013-10-12 00:00:00
                    [ColumnID] => 0
                    [Focus] => 0
                    [AuthorID] => 
                    [AuthorName] => 
                    [SectionName] => Opinion
                    [SectionUrl] => opinion
                    [URL] => http://imageshack.us/a/img51/2223/ojh.gif
                )

            [2] => Array
                (
                    [ArticleID] => 657163
                    [Title] => EO 24 limits compensation, allowances of GOCC, GFI directors
                    [Summary] => 
The government is expected to save about P118 million or about 47percent of total compensation that board members of of government-owned and -controlled corporations (GOCCs) and government financial institutions (GFIs). have been receiving annually with the issuance of Executive Order No. 24.
                    [DatePublished] => 2011-02-15 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1804901
                    [AuthorName] => Aurea Calica
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => 
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            [3] => Array
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                    [ArticleID] => 653157
                    [Title] => Noynoy reviews draft EO on perks of GOCC directors, trustees
                    [Summary] => 
Malacañang said yesterday the draft of the executive order delineating the allowances, bonuses and incentives of directors and trustees of government-owned and controlled corporations (GOCCs) and government financial institutions (GFIs) was finished and is now being reviewed by President Aquino.
                    [DatePublished] => 2011-02-02 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1804901
                    [AuthorName] => Aurea Calica
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => 
                )

            [4] => Array
                (
                    [ArticleID] => 625508
                    [Title] => President has power to rationalize GOCC perks
                    [Summary] => 
Budget Secretary Florencio Abad defended yesterday President Aquino’s power to rationalize the pay and perks of officers and employees of government-owned and controlled corporations (GOCC) and government financial institutions (GFI).
                    [DatePublished] => 2010-10-31 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1804901
                    [AuthorName] => Aurea Calica
                    [SectionName] => Headlines
                    [SectionUrl] => headlines
                    [URL] => 
                )

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                    [ArticleID] => 610053
                    [Title] => EO 7 suspends GOCC perks
                    [Summary] => 
President Aquino issued yesterday Executive Order 7 suspending the allowances, bonuses and incentives of directors and trustees of government-owned and controlled corporations (COCCs) and government financial institutions (GFIs) for more than three months or until Dec. 1, pending the issuance of new policy and guidelines on their compensation.
                    [DatePublished] => 2010-09-09 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1804901
                    [AuthorName] => Aurea Calica
                    [SectionName] => Headlines
                    [SectionUrl] => headlines
                    [URL] => 
                )

            [6] => Array
                (
                    [ArticleID] => 608430
                    [Title] => Gov't to suspend GOCCs' bonuses and allowances
                    [Summary] => 
Malacanang will suspend for two months the bonuses, allowances and other perks of the board members of various government-owned and controlled corporations and government financial institutions while their perks are being rationalized.
                    [DatePublished] => 2010-09-03 18:15:46
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1804901
                    [AuthorName] => Aurea Calica
                    [SectionName] => 
                    [SectionUrl] => 
                    [URL] => 
                )

            [7] => Array
                (
                    [ArticleID] => 420794
                    [Title] => Government banks urged to raise private deposit base
                    [Summary] => The Bangko Sentral ng Pilipinas (BSP) said government banks should not rely on government deposits, hinting that it is likely to reject the appeal to lower the two percent liquidity floor requirement on government deposits.
                    [DatePublished] => 2008-12-05 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1096655
                    [AuthorName] =>  Des  Ferriols
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => 
                )

            [8] => Array
                (
                    [ArticleID] => 21064
                    [Title] => SC bars Cuenca from regaining control of PNCC
                    [Summary] => 
            
                    [DatePublished] => 2007-10-15 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1097368
                    [AuthorName] =>  Mike Frialde
                    [SectionName] => Headlines
                    [SectionUrl] => headlines
                    [URL] => 
                )

            [9] => Array
                (
                    [ArticleID] => 192652
                    [Title] => Unified loan program for SMEs pushed
                    [Summary] => The Department of Trade and Industry (DTI), along with the Bangko Sentral ng Pilipinas (BSP) and various   government financial institutions (GFIs), is designing a unified lending program for small and medium enterprises (SMEs).


Trade and Industry Secretary Manuel Roxas II said yesterday that the unified lending program, which  will  be called SME Unified Lending Program for National Growth or SULONG, will make it  easier for small and medium-sized businesses to secure bank loans.


Government is eyeing a loan fund of between P20 billion and P30 billion for SMEs. 


                    [DatePublished] => 2003-01-24 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1805266
                    [AuthorName] => Marianne V. Go
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => 
                )

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GFIS

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    [results] => Array
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                    [ArticleID] => 1484515
                    [Title] => DOF orders state firms, LGUs to bank with GFIs
                    [Summary] => 
The Department of Finance (DOF) has given government agencies, government owned and controlled corporations (GOCCs) and local government units one year to transfer all their funds to an authorized bank.

                    [DatePublished] => 2015-08-04 10:00:00
                    [ColumnID] => 0
                    [Focus] => 0
                    [AuthorID] => 1438879
                    [AuthorName] => Kathleen A. Martin
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => 
                )

            [1] => Array
                (
                    [ArticleID] => 1244226
                    [Title] => EDITORIAL - Fiscal discipline
                    [Summary] => 
Way back in 2001, Gloria Macapagal-Arroyo had ordered cuts in the salaries and benefits received by officials of government-owned and controlled corporations and government financial institutions. Arroyo reiterated her order in 2004 amid government austerity measures.

                    [DatePublished] => 2013-10-12 00:00:00
                    [ColumnID] => 0
                    [Focus] => 0
                    [AuthorID] => 
                    [AuthorName] => 
                    [SectionName] => Opinion
                    [SectionUrl] => opinion
                    [URL] => http://imageshack.us/a/img51/2223/ojh.gif
                )

            [2] => Array
                (
                    [ArticleID] => 657163
                    [Title] => EO 24 limits compensation, allowances of GOCC, GFI directors
                    [Summary] => 
The government is expected to save about P118 million or about 47percent of total compensation that board members of of government-owned and -controlled corporations (GOCCs) and government financial institutions (GFIs). have been receiving annually with the issuance of Executive Order No. 24.
                    [DatePublished] => 2011-02-15 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1804901
                    [AuthorName] => Aurea Calica
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => 
                )

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                (
                    [ArticleID] => 653157
                    [Title] => Noynoy reviews draft EO on perks of GOCC directors, trustees
                    [Summary] => 
Malacañang said yesterday the draft of the executive order delineating the allowances, bonuses and incentives of directors and trustees of government-owned and controlled corporations (GOCCs) and government financial institutions (GFIs) was finished and is now being reviewed by President Aquino.
                    [DatePublished] => 2011-02-02 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1804901
                    [AuthorName] => Aurea Calica
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => 
                )

            [4] => Array
                (
                    [ArticleID] => 625508
                    [Title] => President has power to rationalize GOCC perks
                    [Summary] => 
Budget Secretary Florencio Abad defended yesterday President Aquino’s power to rationalize the pay and perks of officers and employees of government-owned and controlled corporations (GOCC) and government financial institutions (GFI).
                    [DatePublished] => 2010-10-31 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1804901
                    [AuthorName] => Aurea Calica
                    [SectionName] => Headlines
                    [SectionUrl] => headlines
                    [URL] => 
                )

            [5] => Array
                (
                    [ArticleID] => 610053
                    [Title] => EO 7 suspends GOCC perks
                    [Summary] => 
President Aquino issued yesterday Executive Order 7 suspending the allowances, bonuses and incentives of directors and trustees of government-owned and controlled corporations (COCCs) and government financial institutions (GFIs) for more than three months or until Dec. 1, pending the issuance of new policy and guidelines on their compensation.
                    [DatePublished] => 2010-09-09 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1804901
                    [AuthorName] => Aurea Calica
                    [SectionName] => Headlines
                    [SectionUrl] => headlines
                    [URL] => 
                )

            [6] => Array
                (
                    [ArticleID] => 608430
                    [Title] => Gov't to suspend GOCCs' bonuses and allowances
                    [Summary] => 
Malacanang will suspend for two months the bonuses, allowances and other perks of the board members of various government-owned and controlled corporations and government financial institutions while their perks are being rationalized.
                    [DatePublished] => 2010-09-03 18:15:46
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1804901
                    [AuthorName] => Aurea Calica
                    [SectionName] => 
                    [SectionUrl] => 
                    [URL] => 
                )

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                (
                    [ArticleID] => 420794
                    [Title] => Government banks urged to raise private deposit base
                    [Summary] => The Bangko Sentral ng Pilipinas (BSP) said government banks should not rely on government deposits, hinting that it is likely to reject the appeal to lower the two percent liquidity floor requirement on government deposits.
                    [DatePublished] => 2008-12-05 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1096655
                    [AuthorName] =>  Des  Ferriols
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => 
                )

            [8] => Array
                (
                    [ArticleID] => 21064
                    [Title] => SC bars Cuenca from regaining control of PNCC
                    [Summary] => 
            
                    [DatePublished] => 2007-10-15 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1097368
                    [AuthorName] =>  Mike Frialde
                    [SectionName] => Headlines
                    [SectionUrl] => headlines
                    [URL] => 
                )

            [9] => Array
                (
                    [ArticleID] => 192652
                    [Title] => Unified loan program for SMEs pushed
                    [Summary] => The Department of Trade and Industry (DTI), along with the Bangko Sentral ng Pilipinas (BSP) and various   government financial institutions (GFIs), is designing a unified lending program for small and medium enterprises (SMEs).


Trade and Industry Secretary Manuel Roxas II said yesterday that the unified lending program, which  will  be called SME Unified Lending Program for National Growth or SULONG, will make it  easier for small and medium-sized businesses to secure bank loans.


Government is eyeing a loan fund of between P20 billion and P30 billion for SMEs. 


                    [DatePublished] => 2003-01-24 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1805266
                    [AuthorName] => Marianne V. Go
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => 
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)

abtest

DOF orders state firms, LGUs to bank with GFIs

By Kathleen A. Martin | August 4, 2015 - 10:00am

The Department of Finance (DOF) has given government agencies, government owned and controlled corporations (GOCCs) and local government units one year to transfer all their funds to an authorized bank.

Business

EDITORIAL - Fiscal discipline

October 12, 2013 - 12:00am

Way back in 2001, Gloria Macapagal-Arroyo had ordered cuts in the salaries and benefits received by officials of government-owned and controlled corporations and government financial institutions. Arroyo reiterated...

Opinion

EO 24 limits compensation, allowances of GOCC, GFI directors

By Aurea Calica | February 15, 2011 - 12:00am

The government is expected to save about P118 million or about 47percent of total compensation that board members of of government-owned and -controlled corporations (GOCCs) and government financial institutions...

Business

Noynoy reviews draft EO on perks of GOCC directors, trustees

By Aurea Calica | February 2, 2011 - 12:00am

Malacañang said yesterday the draft of the executive order delineating the allowances, bonuses and incentives of directors and trustees of government-owned and controlled corporations (GOCCs) and government...

Business

President has power to rationalize GOCC perks

By Aurea Calica | October 31, 2010 - 12:00am

Budget Secretary Florencio Abad defended yesterday President Aquino’s power to rationalize the pay and perks of officers and employees of government-owned and controlled corporations (GOCC) and government financial...

Headlines

EO 7 suspends GOCC perks

By Aurea Calica | September 9, 2010 - 12:00am

President Aquino issued yesterday Executive Order 7 suspending the allowances, bonuses and incentives of directors and trustees of government-owned and controlled corporations (COCCs) and government financial institutions...

Headlines

Gov't to suspend GOCCs' bonuses and allowances

By Aurea Calica | September 3, 2010 - 6:15pm

Malacanang will suspend for two months the bonuses, allowances and other perks of the board members of various government-owned and controlled corporations and government financial institutions while their perks...

Government banks urged to raise private deposit base

By Des Ferriols | December 5, 2008 - 12:00am

The Bangko Sentral ng Pilipinas (BSP) said government banks should not rely on government deposits, hinting that it is likely to reject the appeal to lower the two percent liquidity floor requirement on government...

Business

SC bars Cuenca from regaining control of PNCC

By Mike Frialde | October 15, 2007 - 12:00am

Headlines

Unified loan program for SMEs pushed

By Marianne V. Go | January 24, 2003 - 12:00am

The Department of Trade and Industry (DTI), along with the Bangko Sentral ng Pilipinas (BSP) and various government financial institutions (GFIs), is designing a unified lending program for small and medium enterprises...

Business