Corruption is our enemy, not taxes.
Eradicating corruption in the government is ideal and the goal of every administration. It prevents wastage of public funds.
But...
Department of Finance (DOF) Secretary Ralph Recto has ordered the creation of a multi-sectoral working group, led by the department and including private sector...
The Philippines is considering new regulations for online gambling to address concerns from President Marcos Jr. and potentially increase government revenue, says Finance Secretary...
Energy storage technologies like pumped storage hydro… stabilize supply fluctuations.
There’s nothing more renewable or reusable energy source than water. It is clean and does...
The Subic Bay Metropolitan Authority (SBMA) has remitted P1.47 billion in dividends to the national government, the Department of Finance (DOF) said.
Finance Secretary Ralph...
Finance Secretary Ralph Recto ordered the Bureau of Internal Revenue (BIR) to accelerate the implementation of value-added tax (VAT) exemption on an expanded list...
Finance Secretary Ralph Recto welcomed the World Bank Group’s (WBG) newly-approved Country Partnership Framework (CPF) for the Philippines (2026–2031), calling it the most aligned...
Finance Secretary Ralph Recto on Wednesday welcomed Fitch Ratings’ reaffirmation of the Philippines’ ‘BBB’ credit rating with a ‘stable’ outlook, citing the country’s strong...
Finance Secretary Ralph Recto (left) meets with British Chamber of Commerce of the Philippines (BCCP) executive chairman Chris Nelson on April 7, 2025 to...
Finance Secretary Ralph Recto (left), Special Assistant to the President for Investment and Economic Affairs Frederick Go (center), and Maharlika Investment Corp. president and...
Finance Secretary Ralph Recto (left) secures a grant from the European Union (EU) for a program to protect Filipinos’ rights to a responsive justice...
Finance Secretary Ralph Recto, chair of the Fiscal Incentives Review Board (FIRB), presided the evaluation of projects with investments exceeding P50 billion.
The projects involve...
Finance Secretary Ralph Recto (right) leads his first Fiscal Incentives Review Board (FIRB) meeting as chairperson on Feb. 12, 2025. The meeting discussed the...
Finance Secretary Ralph Recto (third from left) meets with Coinbase co-founder and chief executive Brian Armstrong to explore the company’s potential entry into the...
