RalphRecto.Ph

DEC

18

2024

Recto: Signing of crucial agreements to jumpstart fruition of 5 PPP transport projects a monumental Christmas gift to Filipinos

PRESS RELEASE Finance Secretary Ralph G. Recto highlighted that the recent signing of crucial agreements to jumpstart the fruition of five Public-Private Partnership (PPP) transportation projects is a monumental gift to Filipinos this Christmas. Witnessed by President Ferdinand

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TAG Aboitiz Group President and CEO Sabin Aboitiz, Aboitiz InfraCapital Inc., Aboitiz InfraCapital President and CEO Cosette Canilao, Bohol Governor Erico Aumentado, Bohol-Panglao International Airport, Cebu Bus Rapid Transit, Cebu Governor Gwendolyn Garcia, Civil aeronautics Administration of the Philippines (CAAP) Director General Manuel Antonio Lara Tamayo, Department of Finance (DOF), Department of Transportation (DOTr), DOTr Secretary Jaime Bautista, Executive Secretary Lucas Bersamin, HJ Shipbuilding Corporation Representative Kook Il Jeon, IFC Regional Manager Thomas Lubeck, IFC VP Emmanuel Nyirinkindi, International Finance Corporation (IFC), Investment Coordination Committee (ICC), Korean Ambassador Lee Sang-hwa, National Economic Development Authority (NEDA) Board, NEDA Secretary Arsenio Balisacan, New Cebu International Container Ports, New Dumaguete and Siargao Airports, PPP Center Executive Director Cynthia Hernandez, President Ferdinand Marcos Jr, Public-Private Partnership (PPP), Ralph Recto, Special Assistant to the President Antonio Lagdameo Jr., Tourism Secretary Christina Frasco

SEP

13

2024

Recto: ADB’s new country partnership strategy reflects strong friendship and deep understanding of the PH’s development needs

PRESS RELEASE Finance Secretary and Asian Development Bank (ADB) Governor for the Philippines Ralph G. Recto welcomed the launching of the ADB’s new country partnership strategy for the Philippines, which reflects its longstanding friendship and deep understanding of t

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TAG ADB Philippine Country Director Pavit Ramachandran, ADB President Masatsugu Asakawa, Asian Development Bank (ADB), Bataan-Cavite Interlink Bridge, Climate Change Action Plan (CCAP), Country Partnership Strategy (CPS), DBM Secretary Amenah Pangandaman, DENR Secretary Ma. Antonia Yulo Loyzaga, Department of Finance (DOF), DepEd Secretary Sonny Angara, DPWH Secretary Manuel Bonoan, Executive Secretary Lucas Bersamin, Malolos-Clark Railway Project, NEDA Secretary Arsenio Balisacan, Official Development Assistance (ODA), President Ferdinand Marcos Jr, Ralph Recto, South Commuter Railway Project

JUL

08

2024

Recto: Gov’t to do everything within its power to ensure that the next generation of Filipinos does not inherit today’s challenges

PRESS RELEASE Finance Secretary Ralph G. Recto has told economic journalists that the government will exhaust its power to ensure that the next generations of Filipinos will not inherit the same challenges of today, and has called on them to continue fair and insightful reporting

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TAG Bagong Pilipinas, Bangko Sentral ng Pilipinas (BSP), BSP Governor Eli Remolona, Bureau of Customs (BOC), Bureau of Internal Revenue (BIR), DBM Undersecretary Joselito Basilio, Deparment of Budget and Management (DBM), Department of Finance (DOF), Economic Journalists Association of the Philippines (EJAP), Gross Domestic Product (GDP), National Economic Development Authority (NEDA), NEDA Secretary Arsenio Balisacan, Office of the Special Assistant to the President for Investment and Economic Affairs (OSAPIEA), Ralph Recto, Rice Competitiveness Enhancement Fund (RCEF), San Miguel Corporation (SMC), Secretary Frederick Go

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

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

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

28

2024

Recto upbeat on PH econ outlook supported by a more open and liberalized investment policy landscape to lift 14M Filipinos out of poverty

PRESS RELEASE Finance Secretary Ralph G. Recto is upbeat on the Philippines’ bright economic outlook supported by a more open and liberalized investment policy landscape, which is part of the government’s growth-enhancing strategies aimed at lifting 14 million Filipinos out of

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