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Fuel prices as of Jan. 30: Gasoline up by P2.80, diesel by P1.30
CEBU CITY, Philippines – Local oil companies here have announced ta significant increase in the prices of fuel effective Tuesday, January 30, 2024. As a result, motorists in Cebu City will be facing a hefty increase in the prices of fuel products on the first week of February. This marks the fourth consecutive week of.....»»
Tax revenues jump to P3.4 trillion
The country’s tax revenues rose by five percent to hit P3.38 trillion as the government ramped up its tax administration and digitalization program......»»
‘No tax breaks for eco-zone work-from-home firms’
Work-from-home setups of business enterprises in economic zones should no longer get tax incentives under the Corporate Recovery and Tax Incentives for Enterprises Act as the public health emergency status for COVID-19 has already been lifted, Justice Secretary Jesus Crispin Remulla clarified in a legal opinion......»»
AMLC freezes assets of 8 terrorist groups
The Anti-Money Laundering Council has issued orders to freeze the assets of eight groups and a person designated as terrorists by the Anti-Terrorism Council......»»
SEC eases IPO cornerstone investor rules in 2nd draft of proposed rule
The SEC’s proposed second draft of its new set of rules on IPO cornerstone investors contains a few adjustments to ease the burden of the new rules on both issuers and cornerstone investors......»»
No-surrender Magnolia ties up PBA finals with another defensive gem
Tyler Bey shows the way as Magnolia limits San Miguel to under 90 points for the second straight game and contains Bennie Boatwright to his lowest scoring output of the PBA Commissioner's Cup.....»»
US airlines cancel over 2,000 flights due to massive winter storm
Airlines in the United States canceled more than 2,000 flights on Friday after a massive winter storm knocked out power and affected businesses in 12 states ahead of a likely brutal freeze over the weekend. A total of 2,058 flights were canceled and 5,846 flights were delayed as of 5.30 p.m. ET, according to flight-tracking.....»»
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 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.....»»
Vilma nanguna sa pagdiriwang ng ‘Barako Festival 2024’, dinagsa ng celebs
SA ikalawang taon ng selebrasyon ng Barako Festival ngayong 2024 ay masasabing ito ang pinakamalaki dahil maraming highlights mula kahapon, Marso 14 hanggang bukas, Marso 16. Ang Star For All Seasons na si dating Congresswoman Vilma Santos–Recto ang nanguna sa opening ng Barako Fest 2024 kasama ang anak na si Ryan Christian Santos-Recto, pati ang.....»»
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......»»
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......»»
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......»»
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......»»
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......»»
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.”.....»»
Recto urges PSE to work with government in transforming PH capital market
Recto urges PSE to work with government in transforming PH capital market.....»»
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......»»