Swedish investors have expressed their strong interest in investing in the Philippines in light of its robust macroeconomic fundamentals, improved business climate, and highly skilled workforce during a meeting with Finance Secretary Ralph G. Recto on March 8, 2024.
Finance Secretary Ralph G. Recto has invited Australian investors to be part of the Philippines’ ‘blockbuster’ growth story, emphasizing that the country has rolled out the red carpet and reserved the best seat for them during the Philippine Business Forum in Melbourne, Australia.
The Maharlika Investment Corporation (MIC) is set to apply for Associate Membership in the International Forum of Sovereign Wealth Funds (IFSWF) to strengthen transparency and good governance, after the proposal was approved during the fourth MIC board meeting presided by Finance Secretary and MIC Chairperson Ralph G. Recto on February 29, 2024.
Finance Secretary and Chair of the Intergovernmental Group of Twenty-Four (G-24) Board of Governors Ralph G. Recto has urged member states to reclaim their lost momentum and make a powerful comeback in the race to 2030 through heightened cooperation and scaled-up support from international financial institutions to weather global challenges.
The Asian Development Bank (ADB) will provide support for Finance Secretary Ralph G. Recto’s core enhanced tax collection strategy of using digital technologies for a more efficient and aggressive tax administration.
Finance Secretary Ralph G. Recto engaged in a bilateral meeting with United States Department of State Under Secretary for Economic Growth, Energy, and Environment Jose W. Fernandez to discuss areas…
Finance Secretary Ralph G. Recto has presided over the second board meeting of the Maharlika Investment Corporation (MIC) in his capacity as new Chairperson to discuss its strategic direction.
Finance Secretary Ralph G. Recto has commanded the Bureau of Internal Revenue (BIR) and Bureau of Customs (BOC) to work together as a team in further strengthening tax and customs administration to hit the government’s total revenue collection target of PHP 4.3 trillion in 2024.
Finance Secretary Ralph G. Recto took his oath of office as government sector representative to the Monetary Board (MB), the highest policy-making body of the Bangko Sentral ng Pilipinas (BSP), on January 22, 2024.
Finance Secretary Ralph G. Recto has assured United States officials of the Philippines’ strong commitment to roll out a welcoming ‘red carpet’ to potential investors in the country as directed by President Ferdinand R. Marcos, Jr.
