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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......»»

Category: newsSource:  inquirerRelated NewsJan 12th, 2024

EDITORIAL - Cabinet changes

Validating rumors that have been circulating since late last year, former Batangas congresswoman Vilma Santos-Recto confirmed yesterday that President Marcos is replacing Benjamin Diokno with her husband, House Deputy Speaker Ralph Recto as secretary of finance......»»

Category: newsSource:  philstarRelated NewsJan 11th, 2024

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. .....»»

Category: financeSource:  philstarRelated NewsApr 9th, 2024

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......»»

Category: financeSource:  philstarRelated NewsMar 26th, 2024

‘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......»»

Category: financeSource:  philstarRelated NewsMar 24th, 2024

‘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......»»

Category: financeSource:  philstarRelated NewsMar 22nd, 2024

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......»»

Category: financeSource:  philstarRelated NewsMar 22nd, 2024

Piolo parami nang parami ang resort-hotel business, pinayuhan ni Ate Vi

MARAMING negosyo si Piolo Pascual at karamihan ay hotel o resort pero ang pinaka-main business niya ngayon ay sa real estate. Ito’y base na rin daw sa payo sa kanya ng nag-iisang Star for All Seasons na si ex-Congresswoman Vilma Santos-Recto. Napagkuwentuhan nina Piolo at Ogie Diaz sa vlog nito ang tungkol sa mga negosyo.....»»

Category: newsSource:  inquirerRelated NewsMar 12th, 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

REIN in inflation!

It didn’t take long for Finance Secretary Ralph Recto to take full command of the economic cluster as he assumed responsibility for keeping inflation numbers low. And Ralph even coined an acronym: REIN or Reduce Emerging Inflation Now......»»

Category: financeSource:  philstarRelated NewsFeb 12th, 2024

Recto sets sights on ‘more realistic’ targets

Nearly a month in office, the head of the government’s economic team is already looking at a review of growth and fiscal targets this year and over the medium term, noting that global developments should prompt for “more realistic” expectations......»»

Category: financeSource:  philstarRelated NewsFeb 12th, 2024

We need to make companies pay for pollution

In a recent meeting, newly appointed finance secretary Ralph Recto stressed the need for the Philippines to seriously study carbon pricing instruments, with the intended aim of reducing emissions through a combination of carbon taxation and an Emissions Trading System......»»

Category: newsSource:  philstarRelated NewsJan 30th, 2024

Correction over collection

Secretary Ralph Recto has reportedly “ordered” the Bureau of Internal Revenue and the Bureau of Customs to work together in order to achieve the revenue collection target of P4 trillion-plus for 2024......»»

Category: newsSource:  philstarRelated NewsJan 26th, 2024

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......»»

Category: newsSource:  philstarRelated NewsJan 24th, 2024

Diokno’s back, but Bangko Sentral ‘not sure’ if Ralph Recto will sit in its powerful Monetary Board

'There’s an appointed secretary of finance but me personally, I’m not sure if the secretary of finance will sit as a member of the Monetary Board,' says BSP Deputy Governor Eduardo Bobier.....»»

Category: newsSource:  rapplerRelated NewsJan 20th, 2024

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

British Chamber pushes for Anti-Agricultural Smuggling Act, lauds appointment of Recto as DOF Secretary

BCCP Executive Director/Trustee Chris Nelson reiterates support for the passage of the Anti-Agricultural Smuggling Act, one of the key priority legislation under the Marcos administration......»»

Category: financeSource:  philstarRelated NewsJan 15th, 2024