State-owned aerospace company to be abolished

Dec 28, 2017 1:02 am

State-owned Philippine Aerospace Development Corp. (PADC) will be abolished under a plan to trim the number of government-owned and -controlled corporations (GOCCs).

Finance Secretary Carlos Dominguez 3rd said the abolition of PADC was raised during a recent meeting of the Governance Commission for GOCCs (GCG).

Already have an active account? Log in here to continue reading.
Or
Subscribe to the Premium Subscription plan to access this subscriber-exclusive article.