Manila, Sept. 16 -- Government-owned and -controlled corporations (GOCCs) have remitted a whopping PHP116.84 billion in dividends to the National Treasury as of September this year, the Department of Finance (DOF) reported Tuesday during the 2025 GOCCs' Day rites in Malacanang.

The dividends came from 53 GOCCs, with 15 remitting at least PHP1 billion each.

The Land Bank of the Philippines led the list with PHP33.53 billion, followed by the Bangko Sentral ng Pilipinas (PHP18.91 billion) and the Philippine Amusement and Gaming Corporation (PHP12.68 billion).

Other top contributors include the Philippine Deposit Insurance Corporation (PHP10.13 billion), the Power Sector Assets and Liabilities Management Corporation (PHP8.95 billion), the ...