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Philippines summons China envoy over water cannon incident
Manila, Philippines - Manila summoned a senior Chinese envoy on Thursday to protest a water cannon incident that damaged two Philippine vessels during a patrol in the South China Sea.A coast guard vessel and another government boat were damaged in the April 30 incident near the disputed Scarborough Shoal, according to the Philippines' foreign ministry.Manila and Beijing have a long history of territorial.....»»
Standardize maritime industry system, Marina told
Citing what he described as “obsolete” rules in the maritime industry, President Marcos has instructed the Maritime Industry Authority to standardize existing systems to make them at par with global standards as the government is completing an updated development plan for the sector......»»
Tarlac tragedy leads to a sad, different revisit of KPop hit song
CEBU CITY, Philippines — A Korean pop (KPop) group’s 2009 hit song “I Don’t Care”, has become a sad song for Filipino netizens this December. This was how some netizens described the Korean group’s 2NE1’s hit song as it became one of the trending topics on Twitter on December 21, 2020 after Sunday’s shooting incident […].....»»
China blocks Philippine supply run in disputed waters
Manilla and Beijing have traded accusations over a naval incident near the Spratly IslandsChinese patrol boats used water cannons on Saturday to disrupt an attempt by the Philippine military to deliver supplies to a reef in a disputed part of the South China Sea, where the Philippine Navy intentionally grounded a tank landing ship over two decades ago.The incident occurred near the Second.....»»
China blocks Philippine supply run in disputed waters
Manilla and Beijing have traded accusations over a naval incident near the Spratly IslandsChinese patrol boats used water cannons on Saturday to disrupt an attempt by the Philippine military to deliver supplies to a reef in a disputed part of the South China Sea, where the Philippine Navy intentionally grounded a tank landing ship over two decades ago.The incident occurred near the Second.....»»
What to expect from Sec. Ralph Recto leadership at DOF
Former senator, former NEDA Secretary, congressman, and deputy speaker until this week, and now Secretary of the Department of Finance (DOF), Ralph Recto has a colorful and multiple experience in both the Legislative and Executive branches of the government......»»
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: No new tax on junk food, sweetened drinks
Finance Secretary Ralph Recto is not inclined to impose additional consumption-based taxes such as on junk food and sweetened beverages as these measures can be inflationary, while the debt level remains manageable and does not warrant extra burden on Filipinos......»»
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 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......»»
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......»»
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......»»
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......»»
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 floats FTA with US executives
Finance Secretary Ralph Recto has floated the potential of a free trade agreement with the United States as he seeks more economic and investment opportunities with the world’s biggest economy......»»
Recto urged to pursue progressive taxes
Newly appointed Finance Secretary Ralph Recto should backpedal from pursuing consumption-based taxes and instead focus on more progressive ones in order to generate revenues amid the country’s limited fiscal space, economists said......»»
Sara reveals she will run in next polls
Summary: Sara Duterte, the Vice President and Education Secretary, announced her intention to run in the next election during a visit to flood victims in Barangay Bago Gallera. In a Facebook Live video, she mentioned that her brothers, Davao City Mayor Sebastian “Baste” Duterte and First District Rep. Paolo “Pulong” Duterte, may not run in the next election, prompting her decision to campaign. However, she did not specify the position she would be running for. The upcoming election will be the 2025 midterm senatorial elections for senators, congressmen, and local officials, with the presidential national elections scheduled for 2028. Duterte also emphasized the importance of barangay development councils in times of calamity and stressed the need for disaster resilience and awareness among barangay officials and children. Additionally, she highlighted the significance of safety and security, urging trust in security personnel and caution against scammers and swindlers. Duterte also emphasized the importance of education for the younger generation and the equal opportunities it provides. This announcement comes amidst her visits to various areas in the Philippines, where she has been extending aid and addressing pertinent issues such as disaster resilience and community safety......»»
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 Santos mas priority ang pamilya, payag bang maging FDCP chairman?
PAGKATAPOS ng kick-off ceremony ng Barako Festival 2024 na ginanap sa Lipa City, Batangas na pinangunahan dating congresswoman na si Vilma Santos-Recto kasama ang anak na si Ryan Christian Santos Recto nitong Huwebes, Marso 14, ay humarap naman sila sa media na dumalo para matanong tungkol sa showbiz. Unang tanong kay Ate Vi na ngayong.....»»