MALACAÑAN PALACE
MANILA
BY THE PRESIDENT OF THE PHILIPPINES
[ Memorandum Order No. 263, November 16, 1989 ]
PROVIDING THE LIST OF GOVERNMENT-OWNED AND/OR CONTROLLED CORPORATIONS TO BE MONITORED BY THE GOVERNMENT CORPORATE MONITORING AND COORDINATING COMMITTEE (GCMCC) FOR CALENDAR YEAR 1990
Pursuant to Executive Order No. 236, dated July 22, 1987, “Strengthening the Government Corporate Monitoring and Coordinating Committee (GCMCC) and For Other Purposes,” the following government-owned and/or controlled corporations (GOCCs), including their subsidiaries are hereby approved, as recommended, to be monitored by the GCMCC in Calendar Year 1990:
1. Export Processing Zone Authority
2. Home Insurance and Guarantee Corporation
3. Home Mutual Development Fund
4. Light Rail Transit Authority
5. Local Water Utilities Administration
6. Manila International Airport Authority
7. Metro Manila Transit Corporation
8. Metropolitan Waterworks and Sewerage System
9. National Development Company
10. National Electrification Administration
11. National Food Authority
12. National Home Mortgage Finance Corporation
13. National Irrigation Administration
14. National Housing Authority
15. National Power Corporation
16. Philippine Airlines, Inc.
17. Philippine Deposit Insurance Corp.
18. Philippine Export and Foreign Loan
Guarantee Corporation (PHILGUARANTEE)
19. Philippine Fisheries Development Authority
20. Philippine National Oil Company
21. Philippine National Railways
22. Philippine Ports Authority
23. Philippine Retirement Authority
24. Philippine Tourism Authority
25. Public Estates Authority
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GOCCs which have subsidiaries shall submit to the GCMCC consolidated statements and reports. The GCMCC, however, is empowered to look into the individual statements and reports of subsidiary GOCCs if warranted by the circumstances.1aшphi1
This Memorandum Order takes effect immediately.
Manila, November 16, 1989
The Lawphil Project - Arellano Law Foundation
