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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......»»

Category: newsSource:  philstarRelated NewsJan 13th, 2024

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......»»

Category: financeSource:  philstarRelated NewsFeb 14th, 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

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......»»

Category: financeSource:  philstarRelated NewsJan 15th, 2024

US budget deficit tops half a trillion

Outlays accelerated while receipts fell in the first quarter of the new fiscal year, Treasury data shows The US federal budget deficit reached half a trillion dollars in the first three months of the new fiscal year as spending picked up while receipts shrank, the US Treasury revealed on Thursday. In December a.....»»

Category: newsSource:  philippinetimesRelated NewsJan 14th, 2024

Ralph Recto named as new Finance secretary 

In a statement, Senate President Juan Miguel Zubiri said that he welcomes Recto’s appointment as the new Finance chief, remarking that Recto was known in the Senate as the “resident numbers genius.”.....»»

Category: newsSource:  philstarRelated NewsJan 11th, 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

DepEd checking data breach after hacking

The Department of Education is examining its systems for possible data breaches after reports of hackers allegedly harvesting 750 gigabytes of data containing sensitive information on banking details, students, teachers and more......»»

Category: newsSource:  philstarRelated NewsFeb 15th, 2024

Mars rover data confirms ancient lake sediments on red planet

LOS ANGELES — NASA’s rover Perseverance has gathered data confirming the existence of ancient lake sediments deposited by water that once filled a giant basin on Mars called Jerezo Crater, according to a study published on Friday. The findings from ground-penetrating radar observations conducted by the robotic rover substantiate previous orbital imagery and other data.....»»

Category: newsSource:  inquirerRelated NewsJan 28th, 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

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.....»»

Category: newsSource:  rapplerRelated NewsMar 24th, 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

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.....»»

Category: newsSource:  inquirerRelated NewsMar 15th, 2024

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.....»»

Category: newsSource:  inquirerRelated NewsMar 15th, 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

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

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

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......»»

Category: newsSource:  philstarRelated NewsMar 11th, 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