President Marcos bared that he offered outgoing Finance Secretary Benjamin Diokno a seat in the Maharlika Investment Fund but the latter begged off. President Ferdinand 'Bongbong' Marcos Jr. (Noel Pabalate) In a Palace briefing on Friday, Jan. 12, where Marcos formally introduced new Finance Chief...
The Department of Energy (DOE) is already preparing warranted standards for the targeted escalation of ethanol blend to gasoline products at the level of 20% (E20) by volume from currently at 10%. To firm up the eventual Philippine National Standard (PNS) for gasoline with higher bioethanol...
The Marcos economic team said it supports the appointment of former House Deputy Speaker and Batangas Representative Ralph G. Recto as the new finance secretary. In a statement, former Finance Secretary Benjamin E. Diokno expressed confidence in Recto, who was also a former senator and...
Newly-appointed Finance Secretary Ralph G. Recto has set his sights on a daily haul of around P20 billion to meet the spending needs of the Marcos administration for this year. In a briefing at Malacanan with President Marcos after being sworn in, Recto said that his top priority is to raise P4.3...
President Marcos said that administration newcomers Finance Secretary Ralph Recto and Special Assistant to the President for Investment and Economic Affairs Frederick Go will play vital roles in achieving prosperity for the country. NEW ECONOMIC TEAM MEMBERS — President Ferdinand 'Bongbong'...
The Bankers Association of the Philippines welcomed the appointment of Rep. Ralph Recto as Secretary of the Department of Finance while thanking former Finance chief Benjamin Diokno for his years of government service. In a statement, BAP said “Secretary Recto is equipped with the necessary...
The Department of Social Welfare and Development (DSWD) said the department has successfully reached 99 percent of its annual target for implementing the centenarian program this year. DSWD / Manila Bulletin In a statement on Thursday, Jan. 11, DSWD Asst. Secretary for Strategic...
The Department of Agriculture (DA) mandated alternative wet and dry technology on rice cultivation, among other ways to resolve the incoming effects of El Niño on rice production. In a statement, the DA reported that the agency held cluster meetings for the Masagana Rice Industry Development...
Ako Bicol Party-list Rep. Jil Bongalon (left), incoming DOF Secretary Ralph Recto (Facebook) Ako-Bicol Party-list Rep. Jil Bongalon has joined the growing list of well-wishers of newly-appointed Department of Finance (DOF) Secretary Ralph...
Former senator and current House Deputy Speaker Ralph Recto is “unquestionably” the perfect choice as the new Department of Finance (DOF) secretary and a welcome addition to the Marcos administration’s economic team. “As the Marcos administration works towards reviving our economy...
The departure of Benjamin E. Diokno from the Cabinet marked the end of two consecutive administrations where the finance secretary completed the full six-year term alongside the president. The post of Secretary of Finance (SOF) is widely regarded as one of the most influential positions in the...
Deputy Minority Leader and Basilan lone district Rep. Mujiv Hataman (Rep. Hataman’s office) An excellent choice. That was how Deputy Minority Leader and Basilan Rep. Mujiv Hataman described Batangas 6th district Rep. Ralph Recto’s appointment as...
