GOCC

DBM: First Tranche of Government Pay Hikes Worth P57.91 Billion to be Release Next Week

by in Categories Good News

The Department of Budget and Management (DBM) announced to the media that all government agencies will obtain next week the first tranche of pay hikes for their employees. According to DBM’s announcement a total of 59.91 billion will be subject to agency disposal any time. The pay hike for government employees was granted after President … Read more

Pres. Aquino to Increase Bonus of GOCCs After P131 Billion Dividends

by in Categories News

The President of the Republic of the Philippines, Pres. Benigno Aquino III revealed on Wednesday that the national government sought to increase the bonuses of government-owned and controlled corporations (GOCCs) employees after their dividends reached a record-breaking P131 billion. The national government praised the performance of the state firms and vowed to improve the benefits … Read more