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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.
This is a non-exhaustive world-wide list of government-owned companies. The paragraph that follows was paraphrased from a 1996 GAO report which investigated only the 20th-century American experience. The GAO report did not consider the potential use in the international forum of SOEs as extensions of a nation's foreign policy utensils.
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 ...
Philippine Aerospace Development Corporation. Philippine Amusement and Gaming Corporation. Philippine Charity Sweepstakes Office. Philippine Children's Medical Center. Philippine Coconut Authority. Philippine Economic Zone Authority. Philippine Guarantee Corporation. Philippine Health Insurance Corporation. Philippine Heart Center.
23. Ocean Fast Ferries, Inc. (OceanJet) 1995. 16. Philippine Span Asia Carrier Corporation. 1973. 142. Formerly Sulpicio Lines from 1973 to 2012; changed name and stopped passenger services following the tragic sinking of its passenger ship MV Princess of the Stars in 2008. [ 4]
The Philippine Health Insurance Corporation ( PhilHealth) was created in 1995 to implement universal health coverage in the Philippines. It is a tax-exempt, government-owned and controlled corporation (GOCC) of the Philippines, and is attached to the Department of Health. On August 4, 1969, Republic Act 6111 or the Philippine Medical Care Act ...
The Philippine Charity Sweepstakes Office ( PCSO, Filipino: Tanggapan sa Charity Sweepstakes ng Pilipinas[ 2]) is a government-owned and controlled corporation of the Philippines under direct supervision of the Office of the President of the Philippines. It is mandated to do fund raising and provide funds for health programs, medical assistance ...
Land Bank of the Philippines: Financials Banks Manila: 1963 Main government bank LBC Express: Industrials Delivery services Pasay: 1945 Cargo and courier services Lopez Holdings Corporation: Conglomerate - Pasig: 1928 Media, telecommunications, power generation, financials Lung Center of the Philippines: Health care Health care providers Quezon ...