State-wide education campaign on new SALN needed

03 February 2012, Comment are Off
For uniform, vigorous compliance Sen. Ralph G. Recto today called on the Civil Service Commission (CSC) to spearhead the nationwide education campaign in all government offices on how to truthfully and correctly fill up the newly issued Statement of Assets, Liabilities and Net...

Higher tax-exempt bonuses of workers looms

02 February 2012, Comment are Off
Cheery Yuletide thoughts in the month of hearts. Sen. Ralph G. Recto today said more government and private workers would enjoy higher tax-free bonuses and other benefits up to P60,000 to P72,000 once the P30,000 ceiling on tax-exempt benefits is increased. “In the midst of...

Statement on Tax Exemptions of International Air Carriers SBN 3065

02 February 2012, Comment are Off
OPENING STATEMENT OF SEN. RALPH G. RECTO COMMITTEE ON WAYS AND MEANS PUBLIC HEARING FEB. 2, 2012 SBN 3065 – Tax Exemptions of International Air Carriers First on our agenda is Senate Bill 3065, which seeks to abolish the 3% Common Carriers Tax (CCT) and the 2 ½ % Gross...

‘Creating jobs in the time of impeachment’

31 January 2012, Comment are Off
Palace backing on bill scrapping common carriers tax sought. Sen. Ralph G. Recto today said the passage of a proposed measure eliminating common carrier’s tax (CCT) on international carriers would boost tourist arrivals by 70,000 more on the first year and help create 70,000 new...

Country, CJ Corona deserve a speedy trial

14 January 2012, Comment are Off
Sen. Ralph G. Recto today expressed confidence that the Senate acting as an impeachment court could conduct the trial of Chief Justice Renato Corona with dispatch so that the country could focus on putting on track its economic life. “The impeachment trial has to be swift so that...

No need to increase members’ PhilHealth contributions

12 January 2012, Comment are Off
Sen. Ralph G. Recto today said there’s no need to impose a 160-percent increase in the members’ contributions to Philippine Health Insurance Corp. (PhilHealth) considering its enormous cash “reserves” and huge subsidies from government. “PhilHealth could achieve viability and...

‘Loan blockade’ vs. big corporations is best behest loan antidote

20 November 2011, Comment are Off
Crony-owned or not, private corporations and their wealthy owners should be barred from dipping its hands into the loan portfolio of state banks to avoid a repeat of the alleged P660-million behest loan granted by Development Bank of the Philippines (DBP) to former Marcos trade...

P6.4B rehab of LRT, MRT to result in improved services, increased ridership

26 October 2011, Comment are Off
Sen. Ralph G. Recto today welcomed the rolling out P6.37 billion for the rehabilitation of the elevated railway lines even as he urged government to consider locally sourcing the materials or equipment needed in the planned upgrade. Recto likewise commended government for forking...