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                    [Title] => National Government orders GOCCs to hike dividend remittances by 20%
                    [Summary] => Government-owned and controlled corporations (GOCCs) will be required to increase their cash dividend remittances to the National Government from 50 percent to 70 percent.


The 20-percent increase in cash dividend remittances is part of government’s efforts to raise revenues to keep this year’s budget deficit of P145-billion in check.


Keeping the budget deficit within programmed target is being required by the country’s creditors such as the World Bank and the International Monetary Fund.


                    [DatePublished] => 2001-05-15 00:00:00
                    [ColumnID] => 133272
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                    [ArticleID] => 96085
                    [Title] => National Government orders GOCCs to hike dividend remittances by 20%
                    [Summary] => Government-owned and controlled corporations (GOCCs) will be required to increase their cash dividend remittances to the National Government from 50 percent to 70 percent.


The 20-percent increase in cash dividend remittances is part of government’s efforts to raise revenues to keep this year’s budget deficit of P145-billion in check.


Keeping the budget deficit within programmed target is being required by the country’s creditors such as the World Bank and the International Monetary Fund.


                    [DatePublished] => 2001-05-15 00:00:00
                    [ColumnID] => 133272
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                    [ArticleID] => 97011
                    [Title] => Arroyo government determined to sell Meralco shares, IBC 13, PNCC, other assets this year
                    [Summary] => Finance Secretary Alberto Romulo said government will push through with the sale of its stakes in power distributor Manila Electric Co., broadcasting networking IBC-13, tollway operator Philippine National Construction Corp., several properties of International School and Muslim-bank, Philippine Amanah Bank.


The previous administration tried several times last year to sell the assets but there were not takers.


Still, Romulo is confident that the renewed confidence in the Arroyo administration will attract investors this time around.


                    [DatePublished] => 2001-02-12 00:00:00
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INTERNATIONAL SCHOOL AND MUSLIM

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                    [ArticleID] => 86601
                    [Title] => National Government orders GOCCs to hike dividend remittances by 20%
                    [Summary] => Government-owned and controlled corporations (GOCCs) will be required to increase their cash dividend remittances to the National Government from 50 percent to 70 percent.


The 20-percent increase in cash dividend remittances is part of government’s efforts to raise revenues to keep this year’s budget deficit of P145-billion in check.


Keeping the budget deficit within programmed target is being required by the country’s creditors such as the World Bank and the International Monetary Fund.


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                    [ArticleID] => 96085
                    [Title] => National Government orders GOCCs to hike dividend remittances by 20%
                    [Summary] => Government-owned and controlled corporations (GOCCs) will be required to increase their cash dividend remittances to the National Government from 50 percent to 70 percent.


The 20-percent increase in cash dividend remittances is part of government’s efforts to raise revenues to keep this year’s budget deficit of P145-billion in check.


Keeping the budget deficit within programmed target is being required by the country’s creditors such as the World Bank and the International Monetary Fund.


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                    [ColumnID] => 133272
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                    [ArticleID] => 97011
                    [Title] => Arroyo government determined to sell Meralco shares, IBC 13, PNCC, other assets this year
                    [Summary] => Finance Secretary Alberto Romulo said government will push through with the sale of its stakes in power distributor Manila Electric Co., broadcasting networking IBC-13, tollway operator Philippine National Construction Corp., several properties of International School and Muslim-bank, Philippine Amanah Bank.


The previous administration tried several times last year to sell the assets but there were not takers.


Still, Romulo is confident that the renewed confidence in the Arroyo administration will attract investors this time around.


                    [DatePublished] => 2001-02-12 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 
                    [AuthorName] => 
                    [SectionName] => Business
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abtest

National Government orders GOCCs to hike dividend remittances by 20%

May 15, 2001 - 12:00am

Government-owned and controlled corporations (GOCCs) will be required to increase their cash dividend remittances to the National Government from 50 percent to 70 percent. The 20-percent increase in cash dividend...

Business

National Government orders GOCCs to hike dividend remittances by 20%

May 15, 2001 - 12:00am

Government-owned and controlled corporations (GOCCs) will be required to increase their cash dividend remittances to the National Government from 50 percent to 70 percent. The 20-percent increase in cash dividend...

Business

Arroyo government determined to sell Meralco shares, IBC 13, PNCC, other assets this year

February 12, 2001 - 12:00am

Finance Secretary Alberto Romulo said government will push through with the sale of its stakes in power distributor Manila Electric Co., broadcasting networking IBC-13, tollway operator Philippine National Construction...

Business