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National Development Company
The National Development Company (NDC) is a government-owned and controlled corporation attached to the Department of Trade and Industry of the Philippines. History In 1919, during the American colonial period, the National Development Company (NDC) was originally established as the Compañía de Fomento Nacional by Legislative Act 2489. It was later designated as a state-owned company by Commonwealth Act 182 in 1936. With the enactment of Presidential Decree No. 1648 in 1979, the NDC was reorganized under a new charter and mandated to pursue commercial, industrial, agricultural, or mining ventures that would stimulate economic development in the Philippines. See also * Department of Trade and Industry (Philippines) * Cooperative Development Authority * Philippine Economic Zone Authority The Philippine Economic Zone Authority (PEZA), formerly known as the Foreign Trade Zone Authority (FTZA) and Export Processing Zone Authority (EPZA), is a Philippine government agency a ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Makati
Makati ( ; ), officially the City of Makati (), is a highly urbanized city in the National Capital Region of the Philippines, known for being one of the leading financial centers in the country. As of 2013, the city has the highest concentration of multinational and local corporations in the Philippines. Major banks, corporations, department stores as well as foreign embassies are based in Makati. Makati is also known for being a major cultural and entertainment hub in Metro Manila. According to the 2020 census, it had a population of 629,616 people, making it the 47th most populous city in the country and 8th most populous in Metro Manila. Makati is one of the most densely populated city proper areas globally, ranking 8th worldwide and 2nd in the Philippines, after Manila, with a population density of . In 2023, the Philippine Statistics Authority reported that the estimated GDP per capita of Makati was , making it the highest GDP per capita in the Philippines. Etymolo ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Metro Manila
Metropolitan Manila ( ), commonly shortened to Metro Manila and formally the National Capital Region (NCR; ), is the capital region and largest List of metropolitan areas in the Philippines, metropolitan area of the Philippines. Located on the eastern shore of Manila Bay, the Regions of the Philippines, region lies between the Central Luzon and Calabarzon regions. Encompassing an area of and with a population of as of 2020, it consists of sixteen Cities of the Philippines#Legal classification, highly urbanized cities: Manila—the Capital of the Philippines, capital city—Caloocan, Las Piñas, Makati, Malabon, Mandaluyong, Marikina, Muntinlupa, Navotas, Parañaque, Pasay, Pasig, Quezon City, San Juan, Metro Manila, San Juan, Taguig, and Valenzuela, Metro Manila, Valenzuela, along with one independent municipality, Pateros. As the second most populous and the most densely populated region in the Philippines, it ranks as the List of metropolitan areas in Asia, 9th most po ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Department Of Trade And Industry (Philippines)
The Department of Trade and Industry (DTI; ) is the Executive departments of the Philippines, executive department of the Philippine government responsible for the advancement, promotion, governance, regulation, management and growth of industry and trade. Department Order No. 19-18, s. 2019, laid out the organizational structure of the department into the following functional groups: Competitiveness and Innovation Group (CIG); Consumer Protection Group (CPG); Industry Development and Trade Policy Group (IDTPG); Management Services Group (MSG); Regional Operations Group (ROG); and the Trade Promotions Group (TPG). Its hierarchical organization includes 27 foreign trade service posts, 17 regional offices (including Negros Island Region), 87 provincial/city/area offices, 12 bureaus, 4 attached agencies, 7 attached corporations, and 8 services offices. The department is headed by a Secretary (equivalent to Minister) and assisted by Undersecretaries (equivalent to Deputy Minister) ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Government-owned And Controlled Corporation
In the Philippines, a government-owned and controlled corporation (GOCC; ), sometimes with an "and/or", is a state-owned enterprise that conducts both commercial and non-commercial activity. Examples of the latter would be the Government Service Insurance System (GSIS), a social security system for government employees. There are 219 GOCCs as of 2022. GOCCs both receive subsidies and pay dividends to the national government. 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 corporation, to the extent of at least a majority of its outstanding capital stock or of its outstanding voting capital stock. Under the GOCC Governance Act (Republic Act No. 10149), GOCCs are overseen by the Governance ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Philippines
The Philippines, officially the Republic of the Philippines, is an Archipelagic state, archipelagic country in Southeast Asia. Located in the western Pacific Ocean, it consists of List of islands of the Philippines, 7,641 islands, with a total area of roughly 300,000 square kilometers, which are broadly categorized in Island groups of the Philippines, three main geographical divisions from north to south: Luzon, Visayas, and Mindanao. With a population of over 110 million, it is the world's List of countries and dependencies by population, twelfth-most-populous country. The Philippines is bounded by the South China Sea to the west, the Philippine Sea to the east, and the Celebes Sea to the south. It shares maritime borders with Taiwan to the north, Japan to the northeast, Palau to the east and southeast, Indonesia to the south, Malaysia to the southwest, Vietnam to the west, and China to the northwest. It has Ethnic groups in the Philippines, diverse ethnicities and Culture o ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Insular Government Of The Philippine Islands
The Philippine Insular GovernmentThis form of the name appeared in the titles of US Supreme Court cases, but was otherwise rarely used. See s:Costas v. Government of the Philippine Islands/Opinion of the Court, Costas v. Government of the Philippine Islands, 221 U.S. 623, 1911. The Administrative Code of the Philippine Islands of 1917' gives the formal name of the state as either "Insular Government" or "Government of the Philippine Islands" (p. 5). () was an unincorporated Territories of the United States, territory of the United States that was established on April 11, 1899 upon ratification of the Treaty of Paris (1898), 1898 Treaty of Paris. It was Tydings–McDuffie Act, reorganized in 1935 in preparation for later independence. The Insular Government was preceded by the Military Government of the Philippine Islands and was followed by the Commonwealth of the Philippines. The Philippines were acquired from Spain by the United States in 1898 following the Spanish–American ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
State-owned Enterprise
A state-owned enterprise (SOE) is a business entity created or owned by a national or local government, either through an executive order or legislation. SOEs aim to generate profit for the government, prevent private sector monopolies, provide goods at lower prices, implement government policies, or serve remote areas where private businesses are scarce. The government typically holds full or majority ownership and oversees operations. SOEs have a distinct legal structure, with financial and developmental goals, like making services more accessible while earning profit (such as a state railway). They can be considered as government-affiliated entities designed to meet commercial and state capitalist objectives. Terminology The terminology around the term state-owned enterprise is murky. All three words in the term are challenged and subject to interpretation. First, it is debatable what the term "state" implies (e.g., it is unclear whether municipally owned corporations and ente ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Cooperative Development Authority
The Cooperative Development Authority, shortened as CDA, is a government agency attached to the Department of Trade and Industry in charge to promote the viability and growth of cooperatives as instruments of equity, social justice and economic development. It was established under Republic Act No. 6939 also known as the Cooperative Development Authority Act, as mandated by Republic Act No. 6939, the Cooperative Code of the Philippines. Republic Act No. 6939 was repealed and was replaced by Republic Act No. 9520, otherwise known as the "Philippine Cooperative Code of 2008." CDA's charter was repealed and replaced in August 2019 with Republic Act No. 11364, otherwise known as the "Cooperative Development Authority Charter of 2019." Powers and functions As stated on its revised charter, some of the CDA's powers and functions are: * Develop and formulate, in consultation with the cooperative sector and other concerned institutions, appropriate regulations, standards, rules, orders, ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Philippine Economic Zone Authority
The Philippine Economic Zone Authority (PEZA), formerly known as the Foreign Trade Zone Authority (FTZA) and Export Processing Zone Authority (EPZA), is a Philippine government agency attached to the Department of Trade and Industry. It was created to help promote investments in the export-oriented manufacturing industry into the country by assisting investors in registering and facilitating their business operations and providing tax incentives. PEZA also assists investors who locate in service facilities inside special economic zones in the country (areas are called PEZA Special Economic Zones) which are usually business process outsourcing and knowledge process outsourcing firms. Other activities also eligible for PEZA registration and incentives include establishment and operation within special economic zones for tourism, medical tourism, logistics and warehousing services, economic zone development and operation and facilities providers. History and organization On Jun ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Government-owned And Controlled Corporations Of The Philippines
State ownership, also called public ownership or government ownership, is the ownership of an industry, asset, property, or enterprise by the national government of a country or state, or a public body representing a community, as opposed to an individual or private party. Public ownership specifically refers to industries selling goods and services to consumers and differs from public goods and government services financed out of a government's general budget. Public ownership can take place at the national, regional, local, or municipal levels of government; or can refer to non-governmental public ownership vested in autonomous public enterprises. Public ownership is one of the three major forms of property ownership, differentiated from private, collective/cooperative, and common ownership. In market-based economies, state-owned assets are often managed and operated as joint-stock corporations with a government owning all or a controlling stake of the company's shares. Thi ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Government Agencies Established In 1919
A government is the system or group of people governing an organized community, generally a state. In the case of its broad associative definition, government normally consists of legislature, executive, and judiciary. Government is a means by which organizational policies are enforced, as well as a mechanism for determining policy. In many countries, the government has a kind of constitution, a statement of its governing principles and philosophy. While all types of organizations have governance, the term ''government'' is often used more specifically to refer to the approximately 200 independent national governments and subsidiary organizations. The main types of modern political systems recognized are democracies, totalitarian regimes, and, sitting between these two, authoritarian regimes with a variety of hybrid regimes. Modern classification systems also include monarchies as a standalone entity or as a hybrid system of the main three. Historically prevalent forms ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
1919 Establishments In The Philippines
Events January * January 1 ** The Czechoslovak Legions occupy much of the self-proclaimed "free city" of Pressburg (later Bratislava), enforcing its incorporation into the new republic of Czechoslovakia. ** HMY ''Iolaire'' sinks off the coast of the Hebrides; 201 people, mostly servicemen returning home to Lewis and Harris, are killed. * January 2– 22 – Russian Civil War: The Red Army's Caspian-Caucasian Front begins the Northern Caucasus Operation against the White Army, but fails to make progress. * January 3 – The Faisal–Weizmann Agreement is signed by Emir Faisal (representing the Arab Kingdom of Hejaz) and Zionist leader Chaim Weizmann, for Arab–Jewish cooperation in the development of a Jewish homeland in Palestine, and an Arab nation in a large part of the Middle East. * January 5 – In Germany: ** Spartacist uprising in Berlin: The Marxist Spartacus League, with the newly formed Communist Party of Germany and the Independent Social Democr ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
