RalphRecto.Ph

JUL

05

2024

Recto: Inflation drops in June, expected to fall within the target band for the year with whole-of-govt interventions to protect Filipinos’ purchasing power

PRESS RELEASE Finance Secretary Ralph G. Recto has expressed optimism that the inflation rate will remain within the government’s target band in 2024 after its decline in June, with the persistent implementation of whole-of-government interventions to ensure that the purchasing

JUN

22

2024

Finance chief meets with SMBC, SMBC Nikko

IN PHOTOS: Finance Secretary Ralph G. Recto met with senior officials of SMBC and SMBC Nikko on June 21, 2024 at their Tokyo headquarters to explore opportunities for investments and collaboration in the country’s fundraising activities. SMBC is a leading Japanese bank, and

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TAG Bureau of Treasury (BTr), Department of Finance (DOF), DOF Undersecretary Domini Velasquez, DOF Undersecretary Maria Luwalhati Dorotan-Tiuseco, National Treasurer Sharon Almanza, Philippine Economic Briefing (PEB) in Japan, President Ferdinand Marcos Jr, Ralph Recto, Samurai bonds, SMBC, SMBC Nikko, US dollar bonds

JUN

21

2024

Partnership with Nomura

IN PHOTOS: Finance Secretary Ralph G. Recto met with senior officials of Nomura on June 20, 2024 in Tokyo to explore opportunities for collaboration in the country’s fundraising activities and public-private partnerships (PPPs). Secretary Recto encouraged Nomura／野村證券 to

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TAG Build Better More, Department of Finance (DOF), DOF Undersecretary Catherine Fong, DOF Undersecretary Charlito Martin Mendoza, DOF Undersecretary Domini Velasquez, DOF Undersecretary Maria Luwalhati Dorotan-Tiuseco, DOF Undersecretary Rolando Tungpalan, National Treasurer Sharon Almanza, Nomura, Philippine Economic Briefing (PEB) in Japan, Public-Private Partnership Code (PPP Code), Ralph Recto

JUN

21

2024

PH delegation led by Recto woos Japanese manufacturing giants in expanding operations in the country, pitches it as Asia’s premier hub for production and innovation

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

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TAG Bangko Sentral ng Pilipinas (BSP), Bases Conversion and Development Authority (BCDA), BCDA CEO Joshua Bingcang, BSP Deputy Governor Francisco Dakila Jr, DBM Secretary Amenah Pangandaman, Deparment of Budget and Management (DBM), Department of Energy (DOE), Department of Finance (DOF), Department of Trade and Industry (DTI), Department of Transportation (DOTr), DOE Undersecretary Felix Fuentebella, DOTr Secretary Jaime Bautista, DTI Secretary Alfredo Pascual, Ltd., Marubeni Corporation, MinebeaMitsumi Inc., Mitsubishi Corporation, Murata Manufacturing Co., National Economic Development Authority (NEDA), NEDA Secretary Arsenio Balisacan, Nomura, Philippine Ambassador to Japan Mylene Garcia-Albano, Philippine Economic Briefing (PEB) in Japan, Ralph Recto, Sojitz Corporation, Sumitomo Corporation, Taiheiyo Cement Corporation, Taiheiyo Cement Philippines Inc., Yokohama Rubber Co.

JUN

21

2024

Recto assures Japanese investors: CREATE MORE solves key investor concerns, to give birth to more thriving economic corridors in every corner of PH

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

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TAG ASEAN-JAPAN CENTRE, Asia Brewery President Michael Tan, Ayala CEO Cezar Consing, Bangko Sentral ng Pilipinas (BSP), Bases Conversion and Development Authority (BCDA), BCDA CEO Joshua Bingcang, BSP Deputy Governor Francisco Dakila Jr, CREATE MORE (Corporate Recovery and Tax Incentives for Enterprises to Maximize Opportunities for Reinvigorating the Economy), DBM Secretary Amenah Pangandaman, Deparment of Budget and Management (DBM), Department of Energy (DOE), Department of Finance (DOF), Department of Trade and Industry (DTI), Department of Transportation (DOTr), DOE Undersecretary Felix Fuentebella, DOTr Secretary Jaime Bautista, Double Dragon Chairman Injap Sia, DTI Secretary Alfredo Pascual, Filinvest Development Corporation Supply Chain Management Head Andrew Gotianun III, foreign direct investment )FDI), Foreign Investments Act (FIA), Green Lane Endorsement, Japan External Trade Organization (JETRO), Japan-Philippines Economic Cooperation Committee (JPECC), Luzon Economic Corridor, Metrobank Head of Remittance and Trade Department Joseph Pelaez, Metrobank Japan Country Manager Yukinori Kojima, Mitsubishi UFJ Morgan Stanley, Mizuho, Morgan Stanley MUFG Securities Managing Director and Principal Global Economist Chiwoong Lee, National Economic Development Authority (NEDA), NEDA Secretary Arsenio Balisacan, Nomura, Office of the Special Assistant to the President for Investment and Economic Affairs (OSAPIEA), Official Development Assistance (ODA), Philippine Airlines General Counsel Carlos Luis Fernandez, Philippine Domestic Submarine Cable Network (PDSCN), Philippine Economic Briefing (PEB) in Japan, Public Service Act (PSA), Public-Private Partnership Code (PPP Code), Ralph Recto, Rationalization of the Mining Fiscal Regime, Renewable Energy Act, Retail Trade Liberalization Act, San Miguel CEO Ramon S. Ang, Secretary Frederick Go, SM Investments Corporation Senior VP for Finance Franklin Gomez, SMBCm Daiwa Securities Group Inc., Steel Asia Manufacturing Corporation President Sean Andre Sy, Stores Specialist Group Inc. President Anthony Huang, VAT refunds, Yazaki Torres Inc. President Felcaster Torres

JUN

20

2024

PHL Explores Deeper Partnership with Marubeni Corporation

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

JUN

20

2024

PHL-Japan Economic and Bilateral partnership discussed in Tokyo

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

JUN

20

2024

JICA praises PHL economic performance

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

JUN

20

2024

Economic Team meets with Japanese credit rating agency

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

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TAG Bangko Sentral ng Pilipinas (BSP), BSP Deputy Governor Francisco Dakila Jr, DBM Secretary Amenah Pangandaman, Deparment of Budget and Management (DBM), Department of Finance (DOF), National Economic Development Authority (NEDA), National Treasurer Sharon Almanza, NEDA Secretary Arsenio Balisacan, Office of the Special Assistant to the President for Investment and Economic Affairs (OSAPIEA), Ralph Recto, Rating and Investment Information Inc. (R&I), Secretary Frederick Go

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