RalphRecto.Ph

SEP

10

2024

Recto lauds PH Tax Academy for expanding training programs, urges further scale-up to boost revenue collections for national development

PRESS RELEASE Finance Secretary Ralph G. Recto has commended the Philippine Tax Academy (PTA) for expanding its training programs last year and urged the agency to further scale these efforts to strengthen public personnel’s tax administration capabilities in order to boost

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TAG Bases Conversion and Development Authority (BCDA), Bureau of Customs (BOC), Bureau of Internal Revenue (BIR), Bureau of Local Government Finance (BLGF), Continuing Professional Development (CPD), Customs Institute (CI), Customs Institute Chancellor Noemi Alcala-Garcia, Customs Institute Vice Chancellor Elizabeth Pableo, Department of Finance (DOF), Development Academy of the Philippines (DAP), Director Ma. Luisa Notario, DOF Undersecretary Maria Luwalhati Dorotan-Tiuseco, Government Owned and Controlled Corporations (GOCC), Internal Revenue Institute (IRI), International Monetary Fund (IMF), Japan Customs Training Institute, Japan International Cooperation Agency (JICA), Korea International Cooperation Agency (KOICA), LGFI Chancellor Ma. Teresa Habitan, Local Government Finance Institute (LGFI), National Tax Agency Japan, National Tax College, National Tax Research Center (NTRC), Philippine Regulation Commission (PRC), Philippine Tax Academy (PTA), Policy Development and Management Service Group OIC-Undersecretary Niño Raymond Alvina, PTA President Gil Beltran, Ralph Recto, TUV Nord, University of the Philippines Los Banos (UPLB)

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

19

2024

PH delegation to Japan led by Recto in full force in engaging Japanese investors to expand their presence in the country

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

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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, LRT-1, Ltd., Metro Manila Subway, Mitsubishi Corporation, MRT-3, Murata Manufacturing Co., National Economic Development Authority (NEDA), NEDA Secretary Arsenio Balisacan, North-South Commuter Rail, Philippine Ambassador to Japan Mylene Garcia-Albano, Philippine Economic Briefing (PEB) in Japan, Ralph Recto, Secretary Frederick Go, Sojitz Corporation, Sumitomo Corporation

MAY

06

2024

Recto collects higher PHP 88.6-B GOCC dividends as of May 2024, a major source of non-tax revenues to fund PBBM’s priority programs without imposing new taxes

PRESS RELEASE Finance Secretary Ralph G. Recto has successfully collected PHP 88.6 billion from 47 Government-Owned- or Controlled Corporations (GOCCs) as of May 6, 2024––eleven times higher than 2023 and a major source of non-tax revenues for the national government to fund

APR

30

2024

Recto: Potential MIC inaugural investment portfolio with BCDA to unlock wealth of opportunities to enhance quality of life and generate jobs for Filipinos

PRESS RELEASE Finance Secretary Ralph G. Recto has lauded the signing of the Memorandum of Understanding (MOU) between the Maharlika Investment Corporation (MIC) and the Bases Conversion and Development Authority (BCDA) to explore potential investment portfolio, which he said

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TAG Bases Conversion and Development Authority (BCDA), Bureau of Treasury (BTr), Clark Development Corporation (CDC), Clark Freeport and Special Economic Zone, Department of Finance (DOF), Department of Transportation (DOTr), Government Owned and Controlled Corporations (GOCC), Landbank, Maharlika Investment Corporation (MIC), Maharlika Investment Fund (MIF), Public-Private Partnership (PPP), RA 7656 Dividends Law of 1994, Ralph Recto

JUL

31

2019

PSR-50: Status and Distribution of the Proceeds From the Sale of Portions of Manila Military Camps

Resolution Directing The Senate Committee On Government Corportations And Public Enterprises To Conduct An Inquiry, In Aid Of Legislation, On The Status And Distribution Of The Proceeds From The Sale Of Portions Of Metro Manila Military Camps In Accordance With Republic Act

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TAG 18th Congress, Bases Conversion and Development Authority (BCDA), RA 7227, Senate Resolution, Senate Resolution 50

MAR

20

2007

RA 9399: BCDA’s One-Time Tax Amnesty

Republic of the Philippines Congress of the Philippines Metro Manila Thirteenth Congress Third Regular Session Begun and held in Metro Manila, on Monday, the twenty-fourth day of July, two thousand six. [REPUBLIC ACT NO. 9399] AN ACT DECLARING A ONE-TIME AMNESTY ON CERTAIN TAX

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TAG 13th Congress, Bases Conversion and Development Authority (BCDA), RA 9399, Tax Amnesty

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