MALACAÑAN PALACE
MANILA

BY THE PRESIDENT OF THE PHILIPPINES

[ Memorandum Order No. 419, February 28, 1992 ]

PROVIDING THE SUPPLEMENTAL LIST OF GOVERNMENT-OWNED AND/OR CONTROLLED CORPORATIONS TO BE COVERED BY THE PERFORMANCE EVALUATION SYSTEM OF THE GOVERNMENT CORPORATE MONITORING AND COORDINATING COMMITTEE (GCMCC) FOR CALENDAR YEAR 1992

Pursuant to Executive Order No. 236 dated July 22, 1987, entitled: “Strengthening the Government Corporate Monitoring and Coordinating Committee (GCMCC) and for Other Purposes,” the following government-owned and/or controlled corporations (GOCCs) including their subsidiaries are hereby approved, as recommended, to be covered by the performance evaluation system of the GCMCC in Calendar Year 1992:

1. Asean Copper Products, Inc.

2. Asian Exchange Center, Inc.

3. Central Bank of the Philippines

4. Cottage Industries Technology Center (formerly NACIDA)

5. Cultural Center of the Philippines

6. Development Academy of the Philippines

7. Development Bank of the Philippines

8. Employees Compensation Commission

9. Fertilizer and Pesticide Authority

10. Government Service Insurance System

11. Inter-Island Gas Service, Inc.

12. Land Bank of the Philippines

13. LBP Insurance Brokerage, Inc.ᇈWᑭHILp>

14. LBP Leasing Corporation

15. Lumang Bayan Realty Development Corporation

16. Lung Center of the Philippines

17. Manila Gas Corporation

18. Masaganang Sakahan, Inc.

19. National Agri-Business Corporation

20. National Kidney Institute

21. National Research Council of the Philippines (R.A. 6974)

22. PAGCOR Services, Inc.

23. Pagkakaisa Gas Storage Corporation

24. Petro Corporation

25. Petron Tankers Corporation

26. Petrophil Tankers Corporation

27. Philippine Center for Economic Development

28. Philippine Children’s Medical Center

29. Philippine Convention and Visitors Corporation

30. Philippine Heart Center

31. Philippine Institute for Development Studies

32. Philippine International Convention Center, Inc.

33. Philippine National Red Cross

34. PNOC Energy Development Corporation

35. PNOC Exploration Corporation

36. PNOC Shipping and Transport Corporation

37. PNOC Tankers Corporation

38. Philippine Trade Exhibition Center

39. Philippine Veterans Bank

40. Philippine Veterans Assistance Commission

41. Private Debt Restructuring and Repayment Corporation

42. Quedan Guarantee Fund Board

43. Social Security System

44. Veterans Federation of the Philippines

GOCCs shall submit to the GCMCC consolidated statements and reports. The GCMCC, however, is empowered to look into the individual statements and reports of subsidiary GOCCs.

This Memorandum Order shall take effect immediately.

(Sgd.) CORAZON C. AQUINO

Manila, February 28, 1992


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