GOCC

AcronymDefinition
GOCCGathering of Christ Church
GOCCGovernment Open Code Collaborative
GOCCGovernment-Owned and Controlled Corporations (Philippines)
GOCCGlen Oaks Community College
GOCCGreat Ohio Coaster Club
GOCCGround Operations Control Centers
GOCCGeneral Officer Command Course
GOCCGlass Odyssey Corvette Club (Washington)
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References in periodicals archive ?
The GOCC's net income for the first half amounted to P3.078 billion, down 91.4 percent from last year's P35.794 billion.
"Because each GOCC has a unique mission, they have different management requirements and financial performances.
According to Lacson, 'more disturbing is the fact that the GOCC scored PhilHealth's prosecution rate at 0 percent; arbitration rate at 0.14 percent and claims processing rate at 0 percent.
PCSO, a GOCC directly under the Office of the President, said it 'supports the decision of our dear President in eradicating corruption and illegal gambling activities.' Relative to this, it immediately disabled lotto and keno terminals on Saturday.
Dominguez said the GOCC dividends collected by the government would help offset the subsidies to pay out to state enterprises performing crucial social missions.
From January to April, GOCC subsidies amounted to P14.42 billion, still 70.67 percent below the P49.16 billion recorded in the same four-month period last year.
Borromeo said they wanted to secure a maximum of 49-percent stake 'because we don't want it [PDS] to become a GOCC [government-owned and/or -controlled corporation].'
He said the government is mulling over the transfer of the ownership of Mile Long to a government-owned and -controlled corporation (GOCC), such as the Bases Conversion and Development Authority (BCDA), which could go into a joint venture with the private sector for the development of the area.
The grant of the incentive was previously suspended by President Duterte to control the unjustifiable allowances of GOCC executives and other government entity officials.
Because of this, PAGCOR's total remitted cash dividends from 2011 to the present amounted to P33.33 billion, enabling the agency to consistently make it to the GOCC Elite Circle or the Billionaires' Club.
[We need a] maximum of 49 percent because we don't want it to become a GOCC [government-owned and -controlled corpoartion],' Borromeo said.