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PFDA commits to increased dividend payments to Treasury

Department of Agriculture’s Philippine Fisheries Development Authority announced in a statement that it would remit 75% of its dividend payouts coming from the prior 50% after Finance Secretary Ralph Recto requested the government firm to increase its remittances to the government. .....»»

Source: Philstar PhilstarCategory: FinanceApr 9th, 2024Related News

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......»»

Source: Philstar PhilstarCategory: FinanceApr 1st, 2024Related News

Mr. Nice Guy

There is a reason why the public and most people like Ralph Recto as a person, as the partner of Ate Vi, as a politician and as a government official......»»

Source: Philstar PhilstarCategory: FinanceMar 26th, 2024Related News

‘No new taxes likely until 2028’

The stance of Finance Secretary Ralph Recto against new taxes could extend until the end of the administration as the government will try to focus on improving tax collection efficiency first......»»

Source: Philstar PhilstarCategory: FinanceMar 24th, 2024Related News

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.....»»

Source: Rappler RapplerCategory: NewsMar 24th, 2024Related News

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......»»

Source: Philstar PhilstarCategory: FinanceMar 22nd, 2024Related News

‘Economic decisions independent from politics’

Finance Secretary Ralph Recto has maintained that his decisions will be separated from his long-standing political background as he pushes for the country’s economic progress......»»

Source: Philstar PhilstarCategory: FinanceMar 22nd, 2024Related News

NAIA sale to pay debts

Amid the excitement over the successful privatization of NAIA’s rehab and operation, Finance Secretary Ralph Recto mused about the future of NAIA beyond the 15-year San Miguel concession period......»»

Source: Philstar PhilstarCategory: FinanceMar 22nd, 2024Related News

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......»»

Source: Philstar PhilstarCategory: FinanceMar 20th, 2024Related News

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......»»

Source: Philstar PhilstarCategory: FinanceMar 13th, 2024Related News

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......»»

Source: Philstar PhilstarCategory: FinanceMar 13th, 2024Related News

CA approves ad interim appointment of Recto

The Commission on Appointments approved yesterday the ad interim appointment of Finance Secretary Ralph Recto, who vowed to plug tax leaks, improve tax administration and prevent wasteful expenditures......»»

Source: Philstar PhilstarCategory: NewsMar 13th, 2024Related News

Ralph Recto’s game plan

On March 20, 2024, at the Fairmont Hotel ballroom, the Manila Overseas Press Club holds its “Finance Night” with Finance Secretary Ralph G. Recto as guest of honor and speaker......»»

Source: Philstar PhilstarCategory: NewsMar 11th, 2024Related News

Recto expected to get Commission on Appointments approval

Finance Secretary Ralph Recto in all likelihood will breeze through his confirmation process on Wednesday, having been a former senator who used to be a member of the Commission on Appointments......»»

Source: Philstar PhilstarCategory: NewsMar 10th, 2024Related News

Unlikely heroes take charge as Ginebra, NorthPort down Phoenix, Meralco

Birthday boy Ralph Cu waxes hot from beyond the arc to lift Barangay Ginebra past Phoenix, while JM Calma delivers the goods for NorthPort against Meralco.....»»

Source: Rappler RapplerCategory: NewsMar 10th, 2024Related News

Mulan star Ming-Na Wen joins new Karate Kid movie with Jackie Chan, Ralph Macchio

Disney legend Ming-Na Wen has been included the cast for the upcoming "Karate Kid" movie helmed by franchise returnees Ralph Macchio and Jackie Chan......»»

Source: Philstar PhilstarCategory: MoviesMar 7th, 2024Related News

Recto pitches Maharlika fund to Australians

Finance Secretary Ralph Recto encouraged Australian businesses to invest in the country’s first sovereign wealth fund, noting that the Philippines has pro-business policies in place......»»

Source: Philstar PhilstarCategory: FinanceMar 5th, 2024Related News

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.”.....»»

Source: Philstar PhilstarCategory: FinanceFeb 26th, 2024Related News

Tough task ahead

Finance Secretary Ralph Recto has welcomed the Manila International Airport Authority board’s move to award to the San Miguel Corp-SAC and Co. consortium the contract for the rehabilitation of the Ninoy Aquino International Airport, the largest solicited public-private partnership project under the administration of President Marcos......»»

Source: Philstar PhilstarCategory: FinanceFeb 17th, 2024Related News

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......»»

Source: Philstar PhilstarCategory: FinanceFeb 14th, 2024Related News