Media

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...

Mr. President, dear colleagues, fellow workers in government: This bill is not a gift of one person, nor the result of the generosity of one institution. It springs from the grace of taxpayers who will ultimately pick up the P310 billion, four-year tab of this bill. It will come...

Explanation of VoteCommending Hon. Juan Miguel F. Zubiri for Leading the Philippine National Team for Arnis to Resounding Victory in the 30th Southeast Asian Games Senate President Pro Tempore Ralph G. Recto Mr. President: There is one canon in politics that was preached by Teddy...

Explanation of Vote on Senate Bill No. 1077Creating a National Transportation Safety Board Senate President Pro Tempore Ralph G. Recto This bill, like our traffic-delayed planes and buses, may have been late in coming. But the alternative of it not arriving at all would have been...

Explanation of Vote on Senate Bill No. 1155Amending the Comprehensive Firearms and Ammunition Regulation Act Senate President Pro Tempore Ralph G. Recto When rules are complicated and the process in securing permits are complex, it leads not to compliance, to but to evasion. This...

SPONSORSHIP SPEECH SBN 1092: Teaching Supplies Allowance Act by Senate President Pro Tempore Ralph G. Recto Mr. President: It has been said that what the teacher writes on the blackboard of life can never be erased. But we, on the other hand, can erase and change the amount of...

Since the time we approved this bill on second reading last week, there have been 1786 vehicular accidents – in Metro Manila alone. Of this, 282 were injuries, and about five were fatalities. We extrapolated this from last year’s data. It is safe to assume that the ones for this...

Explanation of Vote: ESTABLISHING MALASAKIT CENTERS IN ALL DOH HOSPITALS Mr. President: For most of our countrymen, hospitalization is a luxury they cannot afford. The body may be willing, but the pocket is not. The result is that six in ten deaths in this country are unattended...

Mr. President, my dear colleagues:I would like to begin with a confession: I am a gun owner. This is so because the Rectos are a family of shooting athletes who fought under the flag and brought home medals. My father was many times a Philippine champion and was an Olympian. Two...