Byline: Mamta03 President Gloria Macapagal-Arroyo recently signed Memorandum Circular 186 enjoining officials and employees in all departments, agencies and instrumentalities of the national government, including government-owned and controlled corporations to actively participate in the observance of "Global Warming and Climate Change Consciousness Week" from November 19-25, 2009.
About Philippine National Bank The Philippine National Bank provides a full range of banking and other financial services to corporate, middle-market and retail customers in the Philippines as well as to the Philippine National Government, national Government agencies ("NGAs"), local national Government units ("LGUs") and government-owned and controlled corporations ("GOCCs").
Last year, the government successfully raised P70 billion from the issuance of three- and five-year RTBs to small local investors as well as government-owned and controlled corporations as well as social security institutions.
In a conference hosted by Chevron Geothermal Philippines here, Energy Assistant Secretary Mario Marasigan said the trust fund would come from various government-owned and controlled corporations and from a portion of the government s royalties from several service contracts.
The Linaf is an investment financing facility that can be accessed by private corporations, government-owned and controlled corporations (GOCC) and local government units to finance infrastructure and support systems for power, access/toll roads, bulk grains highway, and cold-chain highway.
Leyba said the LBP's expanded loan portfolio benefited its priority sectors which include the small farmers and fisherfolks, micro, small and medium enterprises, agri-business, agri-infrastructure projects of local government units (LGUs), agri-related projects of government-owned and controlled corporations (GOCCs), and environment-related projects.
Earlier, the city also collected some P20 million of taxes from government-owned and controlled corporations for the construction of the city hall building as additional funds to finance the construction.
Economic Planning Secretary and NEDA director general Ralph Recto said the climate protection program will be available to private companies that are at least 70 percent Filipino-owned as well as to local government units, national government agencies, and government-owned and controlled corporations.