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Thursday, August 21, 2025
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Tag: Secretary Ralph Recto

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DOF welcomes mining tax reform bill ratification

The Department of Finance (DOF) on Friday welcomed the ratification by the bicameral conference committee of the rationalization of the mining fiscal regime to...

Delisting from EU blacklist to spur PH investments

Department of Finance Secretary Ralph Recto said Thursday the Philippines’ removal from the European Union’s high-risk money laundering list is expected to attract more investments and...

Marcos gov’t inherits P12.79-t debt from past administrations

The Philippine government is focused on managing its substantial inherited debt by accelerating economic growth, aiming to bring borrowings down to a sustainable level...

Committee watches gov’t financial institutions’ stability

Department of Finance Secretary Ralph Recto said he is closely monitoring the government financial institutions (GFIs) due to their crucial role in nation-building. Recto said...

New law expected to lift local capital markets—Recto

Department of Finance Secretary Ralph Recto on Friday lauded the enactment of Republic Act No. 12214 or the Capital Markets Efficiency Promotion Act (CMEPA),...

People want services, not politics

“People want more services, not political squabbles from high officials” FOLLOWING the recent midterm elections where most of President Marcos Jr. Alyansa Para sa Bagong...

CDC dividends

Clark Development Corp. (CDC) president and chief executive Agnes Devanadera and Department of Finance Secretary Ralph Recto share a light moment during the ceremonial...

Inflation drops to pre-pandemic low of 1.4% in April

Consumer prices continued its downward trend in April, falling to 1.4 percent – the lowest rate since November 2019, the Philippine Statistics Authority (PSA)...

DOF streamlines process for school incentives

The Department of Finance (DOF) issued revenue regulations streamlining the process for availing tax incentives in the education sector to entice private sector investment...

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