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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......»»
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.”.....»»
Talamban fire claims life of 92-yr-old lola
CEBU CITY, Philippines — A 92-year-old lola died in a fire that hit Alfonso St., Sitio Ylaya, Barangay Talamban in Cebu City, on Thursday, January 11, 2024, at around 11:02 a.m. The victim was identified as Basilisa Lorenzana, a resident of the said place. The blaze was raised to first alarm and was declared fire.....»»
Cebu Daily Newscast: Argao, Cebu accident: Motorcycle crashes into bus, 2 minors dead
Listen to Cebu Daily Newscast and get the latest stories in and around Cebu. Here’s what you need to know on Tuesday April 16, 2024. Argao, Cebu accident: Motorcycle crashes into bus, 2 minors dead Two minors died in a vehicular accident between a motorcycle and a Ceres Bus in Sitio Looc, Barangay Poblacion, Argao.....»»
Liloan accident: 11-year-old boy dies after getting run over by dump truck
CEBU CITY, Philippines – An 11-year-old boy died in a Liloan accident after his head was run over by a dump truck that collided with the motorcycle his father was driving along the national road in Barangay Jubay, Liloan town, Cebu on Friday morning, April 12, 2024. The fatal accident happened at around 9:45 a.m.,.....»»
Lapu-Lapu accident: Motorcycle rider killed in road collision in Pajac
LAPU-LAPU CITY, Cebu — A 30-year-old man was killed in an accident that happened early on Sunday morning on H-Mall Road in Barangay Pajac, Lapu-Lapu City. The victim was identified as Roger Valiente, a resident of Sitio Abuna in the same barangay. ALSO READ: Lapu-Lapu accident: Rider dies after his motorcycle slams into parked truck.....»»
Badian accident injures Aussie, friend
CEBU CITY, Philippines – An Australian national and her Filipina friend were injured in a road accident that happened in Badian, Cebu on Friday. The accident that happened at 4:30 p.m. in Barangay Malabago in Badian town in southern Cebu involved a motorcycle and a delivery truck. Badian police identified the motorcycle driver as Savannah.....»»
Fatalities in Mabinay road accident rise to 15
CEBU CITY, Philippines – Another victim of the tragic road accident in Mabinay town in Negros Oriental has died. This increases to 15 the total number of fatalities in the Wednesday afternoon road accident, according to Lieutenant Stephen Polinar, spokesperson of the Negros Oriental Police Provincial Office (NOPPO). ALSO READ: 14 killed, 3 injured in.....»»
Alcantara road accident injures dump truck driver, helper
CEBU CITY, Philippines — Two were injured in a vehicular accident involving a dump truck and a 10-wheeler truck that happened in Sitio Cabaray, Barangay Lawaan in Alcantara town at around 10 a.m. on Tuesday, February 13. The accident victims were identified as Milky Miot, the dump truck driver and a resident of Samboan town,.....»»
Road accident: 3 hurt in 5-vehicle smashup in Cebu City
CEBU CITY, Philippines – A total of three individuals sustained injuries as a result of a multi-vehicle road accident along Osmeña Boulevard in Cebu City on Thursday noon, February 8, 2024. The vehicular accident happened at past 12:00 p.m. and involved 2 sports-utility vehicles (SUVs), 2 passenger jeepneys, and a motorcycle. The driver of the.....»»
Euromoney recognizes Metrobank as Best Bank for Ultra High-Net-Worth Filipinos
Metropolitan Bank & Trust Co. (Metrobank) remains the preferred bank for affluent Filipinos as it receives the Best Bank for Ultra High-Net-Worth (UHNW) award at the Euromoney Global Private Banking Awards 2024......»»
BPI sells shares in GoTyme Bank
The Bank of the Philippine Islands sold its 752 million common shares of GoTyme Bank Corp. to GoTyme Financial Pte. Ltd. and Giga Investment Holdings Pte. Ltd, the bank said yesterday......»»
45 crore Jan Dhan accounts have accumulated Rs 2.1 lakh crore: Anurag Thakur
New Delhi [India], February 17 (ANI): Union Minister Anurag Thakur on Friday inaugurated the 2024 Annual Government and Institutional Business Meet of the Federal Bank and asserted that under the Jan Dhan scheme around 45 crore bank accounts have been opened. Addressing an audience of the officials and employees of the bank, the Minister at the very outset, congratulated Federal Bank for an all-time high share price. Reca.....»»
45 crore Jan Dhan accounts have accumulated Rs 2.1 lakh crore: Anurag Thakur
New Delhi [India], February 17 (ANI): Union Minister Anurag Thakur on Friday inaugurated the 2024 Annual Government and Institutional Business Meet of the Federal Bank and asserted that under the Jan Dhan scheme around 45 crore bank accounts have been opened. Addressing an audience of the officials and employees of the bank, the Minister at the very outset, congratulated Federal Bank for an all-time high share price. Reca.....»»
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......»»
Rep. Ralph Recto itinalagang bagong finance secretary
MAY napili na si Pangulong Bongbong Marcos na bagong uupong hepe para sa Department of Finance (DOF). Kinumpirma ng Malacañang na ang itinalagang bagong finance secretary ay ang Deputy Speaker at Batangas Representative na si Ralph Recto. Ayon kay Presidential Communications Office Secretary Cheloy Garafil, nakatakdang manumpa sa pwesto si Rep. Ralph ngayong January 12......»»
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......»»
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.....»»
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......»»