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Recto joins BSP’s Monetary Board
Newly appointed Finance Secretary Ralph Recto has formally assumed the role of the government’s representative to the seven-member Monetary Board, the highest policy-making body of the Bangko Sentral ng Pilipinas......»»
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......»»
Diokno turns over DOF helm to Recto
Secretary Ralph Recto started the ball rolling as he formally took over the helm of the Department of Finance, with former DOF chief and now Monetary Board member Benjamin Diokno handing over the agency in a simple ceremony yesterday......»»
PSE looks forward to capital market reforms with Recto
The Philippine Stock Exchange said it is looking forward to working with newly appointed Finance Secretary Ralph Recto in introducing reforms that would further deepen the capital market......»»
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......»»
What took Ralph Recto so long?
It was in September last year when Ralph Recto’s name appeared in a thread among individuals who wield enough influence on the powers-that-be. No, they’re not part of the government but consider them as little presidents, consigliere or kingmakers of sorts......»»
Recto to prioritize pending tax reforms
Newly appointed Finance Secretary Ralph Recto has committed to focusing on tax measures deemed a priority by President Marcos......»»
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......»»
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......»»
Cebu City killing: Ex-convict shot in the head in Brgy. Guadalupe
CEBU CITY, Philippines — An ex-convict, who was allegedly on his way to meet up with someone, died after he was shot in the head by an unidentified gunman in Barangay Guadalupe, Cebu City on early Thursday morning, March 7, 2024. The fatal incident took place along the Andres Abellana L. Bacayo Ext. in Sitio.....»»
JBIC’s environmental compliance arm to investigate bank’s LNG activity in Verde Island Passage
The Examiner for Environmental Guidelines of the Japan Bank for International Cooperation (JBIC) is set to commence an investigation for potential violations by the bank in relation to its support to the Atlantic Gulf & Pacific Company (AG&P), which built a liquefied natural gas import terminal in the biodiversity hotspot known as the Verde Island […].....»»
J-K Bank Q3 net profit up 35 pc to Rs 421 cr, 9-month net jumps 57 pc
Srinagar (Jammu and Kashmir) [India], January 20 (ANI): Jammu and Kashmir bank net profit rose 35 per cent year-on-year (YoY) to Rs 421.08 crore for the October-December Quarter (Q3FY 2024) when compared to Rs 311.59 crore registered for the same period last fiscal, an official release said. According to the release, the bank announced the results today after its Board of Directors reviewed and approved the numbers for Q3.....»»
J-K Bank Q3 net profit up 35 pc to Rs 421 cr, 9-month net jumps 57 pc
Srinagar (Jammu and Kashmir) [India], January 20 (ANI): Jammu and Kashmir bank net profit rose 35 per cent year-on-year (YoY) to Rs 421.08 crore for the October-December Quarter (Q3FY 2024) when compared to Rs 311.59 crore registered for the same period last fiscal, an official release said. According to the release, the bank announced the results today after its Board of Directors reviewed and approved the numbers for Q3.....»»
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......»»
Davao workers get pay hike
Minimum wage earners as well as household workers or kasambahay in Davao region will receive higher take-home pay after the Regional Tripartite Wages and Productivity Board (RTWPB) approved their petition for a salary increase......»»
PH Remains One of the Fastest Growing Economies in East Asia and Pacific, World Bank Says
The World Bank retains its positive outlook on the Philippine economy despite foreseen challenges. According to their April 2024 East Asia and Pacific Economic Update, the World Bank projects a 5.8 percent economic growth for the Philippines this year — the East Asia and Pacific region’s second fastest-growing economy. Moreover, the said update also adjusted […].....»»
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......»»
Converge out to challenge Cignal, Sky Cable in pay TV
Pampanga-based tycoon Dennis Anthony Uy will infiltrate the pay TV segment soon to challenge the dominance of Cignal Cable Corp. and Sky Cable Corp......»»
Philippine central bank holds key interest rates
MANILA, May 16 (Xinhua) -- The Philippine central bank opted Thursday to keep the bank's target reverse repurchase rate at 6.5 percent and the interest rates on the overnight deposit and lending facilities at 6 percent and 7 percent, respectively. In a press conference, Bangko Sentral ng Pilipinas (BSP) Governor Eli Remolona said that inflation expectations remain well-anchored while a restrictive policy stance.....»»
Producers Savings Bank acquires Leyte rural bank
Producers Savings Bank Corp. has completed its merger with one more rural bank, bolstering the bank’s assets and profit growth via its branch network expansion......»»