GCG seeks oversight over GOCC assets amid privatization push

MANILA, Philippines—As the Marcos administration wants to aggressively privatize state corporations, the Governance Commission for Government Owned or Controlled Corporations (GCG) sought oversight power over these firms’ assets and a tighter watch on their affairs to stem corruption. GCG Director Johann Carlos Barcena told the Senate committee on government corporations and public enterprises on Tuesday … Continue reading GCG seeks oversight over GOCC assets amid privatization push