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Landbank-DBP merger not pushing through – Recto

The planned legal merger of the Land Bank of the Philippines and the Development Bank of the Philippines is no longer pushing through as Finance Secretary Ralph Recto deviates yet again from his predecessor......»»

Category: newsSource:  philstarRelated NewsFeb 13th, 2024

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......»»

Category: newsSource:  philstarRelated NewsFeb 4th, 2024

Lou Ornopia plans more races following success of Ornopia Motocross Cup’s silver anniv

CEBU CITY, Philippines — Renowned motocross organizer, Lou Ornopia promises the local motocross community more races following success of the the 25th Ornopia Motocross Cup over the weekend. The race was held at the MS Motosuit Motorsport Park in Barangay Calambua, San Remigio in northern Cebu. Ornopia, in an interview, said that he is planning.....»»

Category: newsSource:  inquirerRelated NewsApr 17th, 2024

Cristine-Baron’s ‘Dearly Beloved’ is contemporary spin on Vilma-Christopher’s iconic ‘Relasyon’

Baron Geisler and Cristine Reyes are paired up in the relationship drama “Dearly Beloved,” which evokes the spirit of Vilma Santos-Christopher de Leon’s revered 1982 starrer “Relasyon.”.....»»

Category: newsSource:  inquirerRelated NewsMar 19th, 2024

Vilma at Jaclyn dalawang artistang hinahangaan ng karamihan

HATAWANni Ed de Leon NGAYON lumulutang na hindi lang pala si Vilma Santos, kundi ang namayapa ring si Jaclyn Jose ay kinikilala ng publiko bilang isang mahusay na aktres at tanging nag-iisang nanalong Pinay at South East Asian na nanalong best actress sa Cannes Film Festival sa France. Aba mas matinding award iyan kaysa nanggaling pa sa kung saan-saang continents kabilang ….....»»

Category: filipinoSource:  hatawtabloidRelated NewsMar 11th, 2024

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.”.....»»

Category: financeSource:  philstarRelated NewsFeb 26th, 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

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......»»

Category: financeSource:  philstarRelated NewsMar 22nd, 2024

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......»»

Category: financeSource:  philstarRelated NewsMar 20th, 2024

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......»»

Category: financeSource:  philstarRelated NewsMar 13th, 2024

St. Pedro Calungsod’s 25th feast day inspires songwriting competition

St. Pedro Calungsod’s 25th feast day inspires songwriting competition.....»»

Category: newsSource:  sunstarRelated NewsJan 24th, 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 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......»»

Category: financeSource:  philstarRelated NewsApr 1st, 2024

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......»»

Category: financeSource:  philstarRelated NewsMar 13th, 2024

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......»»

Category: newsSource:  philstarRelated NewsMar 13th, 2024

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......»»

Category: newsSource:  philstarRelated NewsMar 10th, 2024

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......»»

Category: financeSource:  philstarRelated NewsMar 5th, 2024

LEDAC delay won’t affect pending reforms, says Recto

The cancelled convening of the Legislative-Executive Development Advisory Council (LEDAC) due to conflict among lawmakers will not affect pending reform measures, Finance Secretary Ralph Recto said......»»

Category: financeSource:  philstarRelated NewsJan 28th, 2024

Recto backs insurance for OFWs

The availability of insurance products should extend to overseas Filipino workers , according to Finance Secretary Ralph Recto – indicating the possible lifting of restrictions in the current framework......»»

Category: financeSource:  philstarRelated NewsJan 25th, 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