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A government-owned or controlled corporation is a stock or a non-stock corporation, whether performing governmental or proprietary functions, which is directly chartered by a special law or if organized under the general corporation law is owned or controlled by the government directly, or indirectly through a parent corporation or subsidiary ...
www.gsis.gov.ph. The Government Service Insurance System (Filipino: Paseguruhan ng mga Naglilingkod sa Pamahalaan, abbreviated as GSIS) is a Filipino government-owned and controlled corporation (GOCC) in the Philippines aimed at government employees. Created by Commonwealth Act No. 186 and Republic Act No. 8291 (GSIS Act of 1997), GSIS is a ...
The Home Development Mutual Fund (HDMF), commonly known as the Pag-IBIG (Pagtutulungan sa Kinabukasan, Ikaw, Bangko, Industriya at Gobyerno) Fund, [a] is a government-owned and controlled corporation under the Department of Human Settlements and Urban Development of the Philippines responsible for the administration of the national savings program and affordable shelter financing for Filipinos.
A state-owned enterprise (SOE) is a business entity which is established and/or owned by a national or state/provincial government, by an executive order or an act of legislation, in order to earn profit for the government, control monopoly of the private sector over means of production, provide commodities to citizens at a lower price, implement government policies, and/or to deliver products ...
Government Shareholding % [2] 1 Agriculture Insurance Company of India: 2002 Ministry of Finance: New Delhi: Services Insurance Services 100.0 2 AI Engineering Services: 2006 Ministry of Civil Aviation: New Delhi, Delhi: DGCA CAR 145 approved company for Aircraft, Engine and Component Maintenance Aircraft Maintenance NONE 100.0 3 Airline Allied ...
Public Sector Undertakings in India. Public Sector Undertakings (PSU) in India are government-owned entities in which at least 51% of stake is under the ownership of the Government of India or state governments.These type of firms can also be a joint venture of multiple PSUs. These entities perform commercial functions on behalf of the ...
Website. www.sss.gov.ph. The Social Security System (SSS; Filipino: Paseguruhan ng Kapanatagang Panlipunan) is a state-run, social insurance program in the Philippines to workers in the private, professional and informal sectors. SSS is established by virtue of Republic Act No. 1161, better known as the Social Security Act of 1954.
The Philippine Overseas Employment Administration was established in 1982 through Executive Order No. 797. The goal of the agency's establishment was to promote and monitor the overseas employment of Filipino workers. [3] The POEA was reorganized in 1987 through Executive Order No. 247 in order to respond to changing markets and economic ...