MANILA, Philippines — The Credit Information Corporation (CIC) has made its first-ever dividend remittance to the national government, turning over P169.64 million and helping push this year’s projected collections from state-owned firms to a record P147.36 billion. In a statement, the Department of Finance (DOF) said the remittance marked CIC’s first dividend contribution since its establishment in 2008. READ: GOCCs to remit record P147B in 2026 The DOF also told the Inquirer that CIC had declared only P2.16 million in dividends earlier this year, meaning the latest remittance represents an additional P167.48 million. This comes as CIC generated P459.37 million in revenue […]...

Keep on reading: CIC turns in P169.6M in first-ever dividend remittance