The Philippines, through the Department of Finance (DOF), has pushed for key reforms to accelerate climate finance access for developing countries at the 42nd Board Meeting of the Green Climate…
Finance Secretary Ralph G. Recto has underscored that the Subic Bay Metropolitan Authority’s (SBMA) PHP 1.47 billion dividend remittance represents not sacrifice but shared success, helping the government generate funds…
Ralph G. Recto Secretary of Finance July 14, 2025 SBMA Chairman and Administrator Engr. Eduardo Jose Aliño; Management team of the SBMA; DOF Undersecretaries Alu Dorotan-Tiuseco and Rolly Tungpalan; fellow…
The Department of Finance (DOF) will lead the Philippines’ hosting of the 2026 Extractive Industries Transparency Initiative (EITI) Global Conference in Manila—the first to be held in Asia—reinforcing the country’s…
The Philippines, through the Department of Finance (DOF), has called on the international community for urgent reform of the international financial architecture to provide tailored support to middle-income countries amid…
Finance Secretary Ralph G. Recto has underscored the continued strength of the Philippine labor market, as the country posted its highest labor force participation rate (LFPR) this year at 65.8%,…
The country’s bottom 30% income households recorded a deflation of -0.4% in June 2025—the lowest level since October 2019—reflecting the government’s sustained efforts to ease the burden on the most…
The Department of Finance (DOF) has conducted another round of site inspections of ongoing road projects in Mindanao to ensure that public funds are used efficiently and that projects are…
President Ferdinand R. Marcos, Jr. and Finance Secretary Ralph G. Recto led the ceremonial bell-ringing at the Philippine Stock Exchange (PSE) on July 1, 2025 to mark the effectivity of…
Finance Secretary Ralph G. Recto has vowed that the Power Sector Assets and Liabilities Management (PSALM) Corporation’s all-time high dividend remittance of PHP 8.96 billion to the National Treasury will…
