Finance Secretary Ralph G. Recto and newly appointed Securities and Exchange Commission (SEC) Chairperson Francis Lim are set to fast-track the implementation of key reform initiatives aimed at improving the…
Finance Secretary Ralph G. Recto has approved the donation of 1,251.68 liters of seized gasoline to the Philippine Coast Guard (PCG) to support the country’s maritime safety and security operations.…
Finance Secretary Ralph G. Recto has directed the completion of a customs cooperative arrangement between the Philippines and Hong Kong aimed at strengthening trade facilitation while protecting consumers from the…
Finance Secretary and LANDBANK Chairman Ralph G. Recto has extended financing assistance to 1,000 farmers in Bukidnon through the enhanced AGRISENSO Plus program, empowering them to boost productivity and livelihoods.…
The Philippines and the Hong Kong Special Administrative Region (HKSAR) have successfully completed the first round of negotiations for a tax treaty that will pave the way for stronger economic…
The Department of Finance (DOF) has expressed the Philippines’ commitment to implement a framework on crypto-assets in order to combat cross-border tax evasion and illicit financial flows. This is in…
Finance Secretary Ralph G. Recto has lauded the Bases Conversion and Development Authority (BCDA) for remitting PHP 5.17 billion to the National Treasury and expanding more economic opportunities for Filipinos.…
Finance Secretary Ralph G. Recto has ordered the Bureau of Internal Revenue (BIR) to swiftly implement the value-added tax (VAT) exemption on the expanded list of medicines for cancer, diabetes,…
The Congressional bicameral conference committee has recently ratified the Department of Finance’s (DOF) proposed rationalization of the country’s mining fiscal regime, which will create a fair and equitable mining environment…
