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Press Release Finance Secretary Ralph G. Recto led the Philippine delegation to Japan in wooing Japanese manufacturing giants on June 21, 2024 to expand their operations in the country, pitching it as Asia’s most strategic hub for cutting-edge production and innovation. The...

Press Release Finance Secretary Ralph G. Recto has assured Japanese investors that the ongoing amendments to the country’s fiscal incentives system will address their key concerns, giving birth to more thriving economic corridors in every corner of the Philippines–starting with...

IN PHOTOS: Finance Secretary Ralph G. Recto led the Philippine delegation to Japan in engaging with the top executives of Marubeni Corporation on June 20, 2024 to explore more strategic investment partnerships in various high-impact areas, especially in developing the country’s...

IN PHOTOS: Finance Secretary Ralph G. Recto, together with other cabinet secretaries, took part in a roundtable discussion with Japanese media outlets on June 20, 2024 in Tokyo to set the stage for the Philippine Economic Briefing scheduled the next day. The discussion centered...

IN PHOTOS: Finance Secretary Ralph G. Recto met with senior officials of the Japan International Cooperation Agency JICA Philippines on June 20, 2024 in Tokyo to discuss key cooperation projects including railway, maritime security, and development in the Bangsamoro Autonomous...

IN PHOTOS: Finance Secretary Ralph G. Recto and the rest of the economic team convened a meeting with senior officials of the Japanese credit rating agency Rating and Investment Information Inc. (R&I) on June 20, 2024 in Tokyo to update them about the Philippines’ promising...

IN PHOTOS: The Philippine delegation to Japan, led by Finance Secretary Ralph G. Recto, engaged with top executives of Japanese companies on June 19, 2024 to invite them to expand their presence in the Philippines. Among the Japanese companies were Sojitz Corporation, Mitsubishi...

IN PHOTOS: Finance Secretary Ralph G. Recto recently engaged with executives from the IFC – International Finance Corporation (IFC) to discuss ongoing partnerships and explore new areas for collaboration. The IFC is an international financial institution providing...

EXPLANATION OF VOTE Committee Report No. 185 Senate Bill No. 2057 COVID-19 VACCINATION PROGRAM ACT OF 2021 Senate President Pro Tempore Ralph G. Recto 23 February 2021 Mr. President, my dear colleagues:  What is this bill? It is a cocktail of cures for the national vaccine...

EXPLANATION OF VOTE SB No. 2027: Deferring SSS contribution increase Senate President Pro Tempore Ralph G. Recto 22 February 2021 Mr. President, my dear colleagues: In fighting the pandemic, we used the circuit breaker approach, where movement of people is stopped, stores are...

‘You don’t hold a bidding for water supply when your neighbor’s house is on fire’ SPONSORSHIP SPEECHCommittee Report No. 185Senate Bill No. 2057COVID-19 VACCINATION PROGRAM ACT OF 2021Senate President Pro Tempore Ralph G. Recto16 February 2020 Mr. President, my dear...

EXPLANATION OF VOTEBicameral Conference Committee Report on the disagreeing provisions of HBN 4157 and SB 1357: Corporate Recovery and Tax Incentives for Enterprises (CREATE) ActSenate President Pro Tempore Ralph G. Recto03 February 2021 Mr. President, my dear colleagues: It has...

EXPLANATION OF VOTESB 1582: Safe Pathways ActSenate President Pro Tempore Ralph G. Recto01 February 2021 Dear Mr. President, my dear colleagues: On this bill, I have no recourse but to follow the leader of the pack, the captain of the Senate cycling team. I vote yes. A national...

Delivered by Senate President Pro Tempore Ralph G. Recto 21 October 2020 Good afternoon. It is my pleasure to be with you today – even though I was given 20 minutes to discuss a raft of bills which has taken us hundreds of hours to deliberate. Imposing that cap on a politician is...

*Approved on third reading Explanation of Vote SB 1844: An Act authorizing the President to expedite the processing and issuance of national and local permits, licenses and certifications Senate President Pro Tempore Ralph G. Recto 14 October 2020 Mr. President, my dear...

EXPLANATION OF VOTE Bicameral Conference Committee report on the disagreeing provisions of SBN 1564 and HBN 6953: Bayanihan to Recover As One Act Senate President Pro Tempore Ralph G. Recto 20 August 2020 Mr. President:  How I wish we could report back a pandemic response...