OECD: OECD calls for review of Philippine GOCCs

The Organisation for Economic Co-operation and Development (OECD) called for a review of state-run firms' operations amid an overlap of their regulatory and commercial functions. In a policy paper, "Supporting State-Owned Enterprises Reform in the Philippines," the OECD noted the importance of a clear separation between these functions to mitigate potential conflicts of interest. "Such [...]