‘No call yet for special poll in Recto’s district’
The sixth district of Batangas will have no representation at the House of Representatives in the meantime pending a call to fill the vacancy created by the appointment of Ralph Recto as finance secretary......»»
Ralph Recto named as new Finance secretary
In a statement, Senate President Juan Miguel Zubiri said that he welcomes Recto’s appointment as the new Finance chief, remarking that Recto was known in the Senate as the “resident numbers genius.”.....»»
Recto backs MUP pension for new entrants only
Finance Secretary Ralph Recto is pushing for changes in the pension scheme of military and uniformed personnel (MUP), but only for new entrants, in yet another deviation from his predecessor......»»
Recto revives plan to sell NAIA assets
Finance Secretary Ralph Recto has revived plans to sell the assets of the Ninoy Aquino International Airport and turn it into a new business district to generate additional revenues for state coffers......»»
No election plans next year, Recto says
Finance Secretary Ralph Recto has committed to stay in the Cabinet, effectively dismissing questions of yet another short-stint in the economic team as he lets go of immediate political plans......»»
Recto wants to expand free education
The government should make fiscal space available to expand free education in the country, according to Finance Secretary Ralph Recto, as he deviates yet again from his predecessor......»»
Landbank-DBP merger not pushing through – Recto
The planned legal merger of the Land Bank of the Philippines and the Development Bank of the Philippines is no longer pushing through as Finance Secretary Ralph Recto deviates yet again from his predecessor......»»
Groups urge, caution Recto on wealth tax
Finance Secretary Ralph Recto should consider taxing the wealthy if he is hell-bent on widening the country’s fiscal space, but such a move may boomerang and cost him his political goals, if any, yet again......»»
Calinan District residents protest vs disguised Cha-cha
Residents from the 19 barangays in Calinan District rallied against the disguised People's Initiative for Charter Change in a protest held on January 19, 2024. Organized by the barangay captains, around 100 individuals from each barangay gathered at Rizal Park, chanting Dabawenyos are not for sale and expressing their disapproval of the alleged cash-for-signature scheme. The protest emphasized the residents' desire for fairness and a better government approach, rejecting the notion of exchanging signatures for money. Participants, including both young and old residents, voiced their opposition to the charter change, with the youth expressing concerns about power-hungry officials. Even 75-year-old Rosminda Amarilla joined the protest to question the need for change after numerous presidents have governed without such alterations. The rally, which included a motorcade and drew approximately 300 participants, received disapproval from Congressman Paolo Pulong Z. Duterte and Congressman Isidro Ungab, who alleged that the signature campaign was orchestrated by leaders of the Pwersa ng Bayaning Atleta (PBA) Partylist. As of the latest update, PBA Representative Margarita Atty. Migs Nograles has yet to release a statement on the matter......»»
Comelec: Contingency plans in place for 2025 poll machines
Amid lone bidder Miru Systems’ history of problematic vote counting machines abroad, the Commission on Elections gave assurance that contingency measures are in place to ensure the successful procurement of automated poll machines for the 2025 midterm elections......»»
Romualdez is caretaker of Batangas 6th district
Speaker Martin Romualdez has been designated as caretaker of the sixth district of Batangas, which was left vacant with the appointment of Ralph Recto as finance secretary......»»
“Doomed to fail,” Marcos says of Duterte’s call for independent Mindanao
DAVAO CITY (MindaNews / 09 February) – President Ferdinand Marcos Jr. on Thursday night said the call of former President Rodrigo Duterte for a separate Mindanao is “doomed to fail” because it is “anchored on a false premise, not to mention a sheer constitutional travesty.” “I strongly appeal to all concerned to stop this call […].....»»
Recto bats for tax, tariff relief for hybrids
Finance Secretary Ralph Recto is in favor of granting reduced excise tax and preferential tariff to hybrid vehicles......»»
Recto sees ‘realistic’ 6-6.5 percent growth for Philippines
Finance Secretary Ralph Recto is looking at a “more realistic” economic growth of at least six to 6.5 percent for this year, with medium-term economic expansion likely to be tempered as well......»»
Budget surplus unlikely to last – Recto
The record budget surplus in January is unlikely to be sustained over the coming months, more so for the rest of the year, but the government is not worried so long as revenue targets are achieved, according to Finance Secretary Ralph Recto......»»
Vilma nanguna sa pagdiriwang ng ‘Barako Festival 2024’, dinagsa ng celebs
SA ikalawang taon ng selebrasyon ng Barako Festival ngayong 2024 ay masasabing ito ang pinakamalaki dahil maraming highlights mula kahapon, Marso 14 hanggang bukas, Marso 16. Ang Star For All Seasons na si dating Congresswoman Vilma Santos–Recto ang nanguna sa opening ng Barako Fest 2024 kasama ang anak na si Ryan Christian Santos-Recto, pati ang.....»»
DoF considering IPOs for LandBank, DBP
The Philippine News Agency reported that the Department of Finance, under new Secretary Ralph Recto, is “exploring amendments to the charters of the Land Bank of the Philippines and Development Bank of the Philippines”, which Mr. Recto said could include “their possible public listing, to broaden the local capital market.”.....»»
Recto backs insurance for OFWs
The availability of insurance products should extend to overseas Filipino workers , according to Finance Secretary Ralph Recto – indicating the possible lifting of restrictions in the current framework......»»
Ralph Recto sworn in as new Secretary of Department of Finance
House Deputy Speaker Ralph Recto [link] was sworn in as the new Secretary of the Department of Finance on Friday, replacing the former Secretary, Benjamin Diokno, in a move that has been seemingly in the works for quite some time......»»
Imee hopes Recto won’t push for additional taxes
Sen. Imee Marcos is urging newly appointed Finance Secretary Ralph Recto to strengthen the country’s tax collection system first, instead of talking about “trillions of taxes.”.....»»
Ralph Recto’s 4Ms: How to survive the Cabinet – and the role of media
Finance Secretary Ralph Recto gets wise advice on how to survive as a member of the Cabinet, and adds a piece of his own.....»»