Close Menu
  • Business
  • Black Business
  • SMALL BUSINESS
  • BANK/FRAUD FINANCIAL CRIMES
  • Celebrities
  • CRYPTO
  • DEBT
  • Entrepreneur
  • ESTATE PLANNING
  • FRANCHISE
  • Gossip
  • GLOBAL ECONOMY
  • Music
  • MUTUAL FUNDS
  • Political
  • Pop Culture
  • PERSONAL FINANCE
  • Wall street
  • Privacy Policy
  • Business News Disclaimer
  • Contact Us
  • Cookie Privacy Policy
  • Disclaimer
  • DMCA
  • Terms and Condition
What's Hot

Dwight Howard’s Son Braylon Shares Thoughts On Allegations

Gunplay Says He Felt Neglected Under Rick Ross’ MMG

Cardi B Apologizes After Splashing Fan During Denver Tour Stop

Facebook X (Twitter) Instagram
Trending
  • Dwight Howard’s Son Braylon Shares Thoughts On Allegations
  • Gunplay Says He Felt Neglected Under Rick Ross’ MMG
  • Cardi B Apologizes After Splashing Fan During Denver Tour Stop
  • 50 Cent ft. Max B “No More Tricks…”
  • Bam Adebayo Scores 83 Points for the second most in NBA history
  • Pete Hegseth $93B Shopping Spree Sparks Taxpayer Fury
  • Anthropic’s Lawsuit Should Absolutely Destroy the Pentagon in Court
  • Terrence Howard Claims He Had A ‘Chance’ To Date Beyoncé
Facebook X (Twitter) Instagram YouTube
THE MIRROR OF MEDIA
  • Home
  • Accounting
  • Banking
  • Business
  • Political
  • Crypto
  • Real Estate
  • Ecommerce
  • Entrepreneur
  • Investment
  • More
    • Music
    • Gossip
    • Pop Culture
    • Wall street
    • IPO’S
    • Mortgage/Loans
    • Venture Capitalists/Angel Investors
THE MIRROR OF MEDIA
You are at:Home»Business»Marcos orders GOCC heads to quit
Business

Marcos orders GOCC heads to quit

adminBy adminNo Comments2 Mins Read
Facebook Twitter Pinterest Telegram LinkedIn Tumblr Email Reddit
Share
Facebook Twitter LinkedIn Pinterest WhatsApp Email



PRESIDENT Ferdinand R. Marcos, Jr. has ordered the heads of state-owned companies to quit, a week after a similar order on his Cabinet secretaries that some see as an attempt to salvage whatever political capital he has left during the second half of his single six-year term.

In a May 26 notice posted on its website, the Governance Commission for Government-Owned or -Controlled Corporations (GCG) under the Office of the President said state companies are covered by the Palace order on courtesy resignations dated May 21.

This is in line with “the President’s announced intention to recalibrate and realign his administration’s policies and priorities with the people’s expectations,” GCG Chairman Marius P. Corpus said in the notice.

All non ex-officio chairpersons, chief executive officers (CEO) and appointive directors/trustees/members of GOCC governing boards have been ordered to submit their courtesy resignations.

“This directive is intended to allow the President to assess the performance of key officials in all government agencies, including GOCCs, and realign government priorities in response to evolving expectations of the Filipino people and ensure that the administration remains dynamic, accountable and responsive,” he said.

In an addendum dated May 28, GCG said that CEOs of GOCCs must address their resignations to the President and submitted through the Office of the Executive Secretary.

For appointive directors, trustees, and members of GOCC governing boards, the resignation letter should be sent directly to the GCG, instead of the Office of the Executive Secretary.

However, the GCG said all GOCC heads should still report for work until the President accepts or rejects their resignation.

“The affected officers are reminded that until any action is taken by the Office of the President on such courtesy resignations, they shall continue to report for work and perform their usual duties and functions subject to any further directives that the Office of the President may deem proper,” Mr. Corpus said.

Last week, Mr. Marcos told all Cabinet members to submit their courtesy resignations.

Since then, he has retained members of the economic team — Finance Secretary Ralph G. Recto, Trade Secretary Cristina Aldeguer-Roque, Department of Planning, Economy, and Development Secretary Arsenio M. Balisacan, Budget Secretary Amenah F. Pangandaman and Special Assistant to the President for Investment and Economic Affairs Frederick D. Go. — Norman P. Aquino with inputs from ARAI



Source link

Share. Facebook Twitter Pinterest LinkedIn Reddit WhatsApp Telegram Email
Previous ArticleFallout From U.S. Aid Withdrawal Hits Malawi — ProPublica
Next Article Scott Pelley Helps Put the BS in CBS
admin
  • Website
  • Facebook

The most informative business website online.

Related Posts

Tropical Storm Nuri, Northeast Monsoon to drench parts of country

BE’s Women Of Power Summit Celebrates 20 Years

Eala eyes quarters berth against world No. 14 Noskova of Czechia

Comments are closed.

Don't Miss
Gossip

Dwight Howard’s Son Braylon Shares Thoughts On Allegations

Source: Jerritt Clark/ Monica Morgan Dwight Howard and Royce Reed’s 17-year-old son, Braylon, is speaking…

Gunplay Says He Felt Neglected Under Rick Ross’ MMG

Cardi B Apologizes After Splashing Fan During Denver Tour Stop

50 Cent ft. Max B “No More Tricks…”

Bam Adebayo Scores 83 Points for the second most in NBA history

Pete Hegseth $93B Shopping Spree Sparks Taxpayer Fury

Anthropic’s Lawsuit Should Absolutely Destroy the Pentagon in Court

Terrence Howard Claims He Had A ‘Chance’ To Date Beyoncé

CeeLo Green Reveals He Almost Joined OutKast

Kritika Kamra and Gaurav Kapur Are Now Married

CrossCountry Mortgage launches dedicated homebuilder division

Ex-HGTV Star Nicole Curtis Talks N-Word On ‘The Breakfast Club’

PlayStation Called Out By Gamers For Testing Dynamic Pricing

Bitcoin Passed Key Stress Test Amid Oil Volatility

Maino Disses 50 Cent On Biggie-Inspired “Bleed Like Us”: Listen

About Us
About Us

LewLewBiz delivers practical insights on entrepreneurship, finance, and business operations. Explore expert advice on payroll, landlord strategies, and industry news to empower your financial decisions and business growth.

We're accepting new partnerships right now.

Email Us: lewlewmedia@gmail.com
Contact: lewlewmedia@info.com

Facebook X (Twitter) Pinterest YouTube WhatsApp
Our Picks

Dwight Howard’s Son Braylon Shares Thoughts On Allegations

Gunplay Says He Felt Neglected Under Rick Ross’ MMG

Cardi B Apologizes After Splashing Fan During Denver Tour Stop

Most Popular

Mexican Cartel Boss “El Mencho” Killed By Authorities

Netflix Hopes To Keep Subscribers Logged In With Game Night

Black Leadership Coach Launches Nonprofit Financial Literacy Movement in Underserved Communities Nationwide

© 2026 lewlewmedia since 2016
  • Business
  • Black Business
  • SMALL BUSINESS
  • BANK/FRAUD FINANCIAL CRIMES
  • Celebrities
  • CRYPTO
  • DEBT
  • Entrepreneur
  • ESTATE PLANNING
  • FRANCHISE
  • Gossip
  • GLOBAL ECONOMY
  • Music
  • MUTUAL FUNDS
  • Political
  • Pop Culture
  • PERSONAL FINANCE
  • Wall street
  • Privacy Policy
  • Business News Disclaimer
  • Contact Us
  • Cookie Privacy Policy
  • Disclaimer
  • DMCA
  • Terms and Condition

Type above and press Enter to search. Press Esc to cancel.