The Philippine Ports Authority (PPA) has secured the sixth spot among the nation’s top-performing government-owned and controlled corporations (GOCCs) after delivering over ₱5.3 billion in dividends to the national coffers.
PPA General Manager Jay Daniel Santiago noted that the agency’s steady presence among the leading financial contributors highlights its robust fiscal management, operational efficiency, and sustained revenue growth.
The accolade was presented during a Malacañang ceremony led by President Ferdinand Marcos Jr., ahead of the agency’s 52nd anniversary.
Upon accepting the award, Santiago emphasized the PPA’s dedication to handling public funds responsibly alongside its ongoing efforts to upgrade local port infrastructure.
”This recognition reminds us that every achievement of the PPA belongs to the nation. Every peso we remit reflects our responsible stewardship of public resources, while every investment we make in modernizing our ports helps strengthen trade, tourism, and connectivity for future generations,” Santiago said.
He further explained that this achievement fuels the agency’s drive to merge fiscal success with high-quality national service.
“This milestone inspires us to continue serving with excellence, integrity, and accountability. The PPA remains committed to balancing strong financial performance with its primary mandate of delivering efficient, reliable, and responsive public service through modern port infrastructure,” he added.
The PPA joins five other top-tier dividend earners honored this year, including the Bangko Sentral ng Pilipinas (₱62.39 billion), Land Bank of the Philippines (₱32.35 billion), Philippine Deposit Insurance Corporation (₱9.69 billion), Manila International Airport Authority (₱7.59 billion), and the Philippine Amusement and Gaming Corporation (₱5.67 billion). Per Republic Act No. 7656, state firms must turn over at least half of their annual net income to the national government.
Since 1986, the PPA has contributed a cumulative total of ₱62.33 billion in dividends. Notably, more than two-thirds of this historical total—amounting to ₱41.5 billion—was accumulated between 2016 and 2025 under Santiago’s administration.
Additionally, the ₱5.33 billion remitted for Fiscal Year 2025 stands as the highest single-year dividend payout in the agency’s history since its founding in 1974.
The state’s overall take from 50 GOCCs has reached roughly ₱139.8 billion as of July 2026, outpacing the revenue figures collected in the prior year.