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New finance chief eyes carbon tax

Newly installed Finance Secretary Ralph Recto is pursuing the tax reform proposals of his predecessor, starting with the imposition of a carbon tax in a bid to generate additional revenues and address environmental concerns......»»

Category: newsSource:  philstarRelated NewsJan 18th, 2024

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......»»

Category: financeSource:  philstarRelated NewsJan 15th, 2024

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.”.....»»

Category: newsSource:  philstarRelated NewsJan 11th, 2024

Dela Rosa considers war with China but admits: ‘Hindi naman natin kaya’

MANILA, Philippines — Senator Ronald “Bato” Dela Rosa is already fed up with China’s persistent harassments in the West Philippine Sea, prompting thoughts of engaging in war with Beijing. But he knows, war is not an option. “Naubos na ang sasabihin ko dapat dyan. Short of declaring war na tayo dyan against sa kanila e,.....»»

Category: newsSource:  inquirerRelated NewsMar 28th, 2024

Dovish Powell lifts markets to historic highs

Last week, US equities reached new all-time highs, thereby lifting global stock markets. This came on the back of Federal Reserve (Fed) Chair Jerome Powell’s dovish policy statement. In that speech, Powell touted considerable progress in bringing down inflation, notwithstanding the bumps in the road toward the two percent target......»»

Category: financeSource:  philstarRelated NewsMar 24th, 2024

Stocks retreat on hawkish Fed, BSP rate signals

Stock investors were turned off yesterday by policy signals from monetary authorities here and abroad, dragging the local market to a third straight day of decline......»»

Category: financeSource:  philstarRelated NewsMar 7th, 2024

Dollar strength, Asian challenges

Recent robust US economic data (nonfarm payrolls, January CPI figures) have dashed hopes for a March rate cut by the Fed......»»

Category: newsSource:  philstarRelated NewsMar 3rd, 2024

Slower US Inflation Spurs Fed Rate-Cut Optimism

Title: Inflation Slows in the US, Raising Expectations of Interest Rate Cut Subtitle: International Economic Developments to Impact Global Markets Date: [Current Date] Byline: [Your.....»»

Category: newsSource:  thedailyguardianRelated NewsFeb 11th, 2024

May, not March

Last Wednesday, equities dropped as Federal Reserve (Fed) Chair Jerome Powell dashed investor hopes for a March rate cut. Last Friday, despite better-than-expected US nonfarm payrolls and robust wage growth which typically usher in higher interest rates, the Dow and the S&P 500 were not deterred from hitting new all-time highs......»»

Category: financeSource:  philstarRelated NewsFeb 4th, 2024

PSEi tumbles as Fed quashes rate cut hopes

Local stocks retreated yesterday as investors took cues from Wall Street’s overnight performance......»»

Category: financeSource:  philstarRelated NewsFeb 2nd, 2024

BSP rate cuts seen in lockstep with US Fed

The Bangko Sentral ng Pilipinas is expected to move in lockstep with the US Federal Reserve as it pivots to an easing cycle after emerging as the most aggressive central bank in the region......»»

Category: financeSource:  philstarRelated NewsJan 10th, 2024

Beating the housing finance conundrum

Despite the valiant efforts of our secretary for housing, we have failed by a long shot to meet our housing targets for the year......»»

Category: newsSource:  philstarRelated NewsApr 26th, 2024

To raise gov’t revenues, Recto says solution need not involve new taxes

New Finance Secretary Ralph Recto says non-tax efforts like helping businesses comply with the law will help government meet its revenue targets.....»»

Category: newsSource:  rapplerRelated NewsJan 24th, 2024

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......»»

Category: financeSource:  philstarRelated NewsFeb 17th, 2024

'SanaAll: Anne Curtis na-meet sina Jake, Sunghoon ng ENHYPEN

ANG swerte talaga ni Anne Curtis, lalo na pagdating sa mga iniidolo niyang Korean idols. Na-meet niya kasi sa personal at nakapagpa-picture pa siya sa K-Pop boy group members na sina Jake at Sunghoon ng ENHYPEN habang sila’y nasa elevator. Sa Instagram, ibinandera ni Anne ang ilang highlights noong Abril at makikita sa mga litrato.....»»

Category: newsSource:  inquirerRelated NewsMay 2nd, 2024

PrimeWater faces P2.4M penalty if fails to meet promise of uninterrupted water supply

PrimeWater faces P2.4M penalty if fails to meet promise of uninterrupted water supply.....»»

Category: lifestyleSource:  abscbnRelated NewsApr 30th, 2024

Daluz camp ‘willing’ to meet with OIC GM

Daluz camp ‘willing’ to meet with OIC GM.....»»

Category: newsSource:  sunstarRelated NewsApr 24th, 2024

President Marcos, Qatar emir meet today to tackle bilateral ties

President Marcos and Qatari Emir Tamim bin Hamad Al Thani will meet today at Malacañang to talk about bilateral and regional issues......»»

Category: newsSource:  philstarRelated NewsApr 22nd, 2024

‘Marry My Husband’ star Park Min Young to meet Pinoy fans for the first time

Pinoy K-drama fans are in for a treat as “Marry My Husband” and “What’s Wrong With Secretary Kim” star Park Min Young is holding her first-ever fan meet in Manila......»»

Category: entertainmentSource:  philstarRelated NewsApr 18th, 2024

5x NBA Champion Derek Fisher to visit Philippines on April 17 for meet and greet hosted by vivo

On April 27, fans in the Philippines will have the opportunity to meet Fisher, a 5x NBA Champion from the Los Angeles Lakers......»»

Category: sportsSource:  philstarRelated NewsApr 15th, 2024