PAGCOR driving upside surprise in GOCC dividends, Recto says

GOVERNMENT-OWNED or -controlled corporations’ (GOCCs) dividends will be stronger than expected this year, with the gaming industry regulator largely responsible for the upside, Finance Secretary Ralph G. Recto said. “PIGO (Philippine Inland Gaming Operations) led to an increase in dividends from PAGCOR (Philippine Amusement and Gaming Corp.), which we did not expect,” he told reporters […]

PAGCOR driving upside surprise in GOCC dividends, Recto says
GOVERNMENT-OWNED or -controlled corporations’ (GOCCs) dividends will be stronger than expected this year, with the gaming industry regulator largely responsible for the upside, Finance Secretary Ralph G. Recto said. “PIGO (Philippine Inland Gaming Operations) led to an increase in dividends from PAGCOR (Philippine Amusement and Gaming Corp.), which we did not expect,” he told reporters […]