A senator-turned-deputy Speaker in the House of Representatives has advised the government on how to go about its reported plan to sell off its NPAs, or non-performing assets. Deputy Speaker Ralph Recto (Facebook) According to Batangas 6th district Rep. Ralph Recto, the privatization process of...
The Civil Aviation Authority of the Philippines (CAAP) alerted all airmen on Friday, Dec. 30, against possible debris hit from a rocket that was launched by China. Rocket debris believed to be from China’s Long March 5B (CZ-5B) booster rocket were found by fishermen near the Mindoro Strait, the...
A resolution expressing the House of Representatives' profound condolences to the family of the late former Batangas vice governor Richard “Ricky” Recto was adopted by the chamber on Wednesday night, Dec. 14. Former Batangas vice governor Ricky Recto (left) and Deputy Speaker Ralph Recto (Rep....
Deputy Speaker and Batangas 6th district Rep. Ralph Recto is mourning the death of his brother, former Batangas vice governor Ricky Recto. Ricky Recto (Rep. Recto's office) "With sadness, we share the news that our brother Ricky has passed away," Rep. Recto said in a statement sent to House of...
House leaders have guaranteed the enactment of the proposed P5.268-trillion national budget for 2023 before the end of the current year, possibly even before Christmas. The House contingent to the budget bicam meeting on Nov. 25, 2022 (Speaker's office) “We have sufficient time, we will finally...
Philippine Bank of Communications (PBCOM) has received its Certificate of Authority to operate a Universal Bank from the Bangko Sentral ng Pilipinas. 81209 In a disclosure to the Philippine Stock Exchange, PBCOM Chairman Eric O Recto said “Our upgraded license to operate as a Universal Bank is a...
House Deputy Speaker and Batangas 6th district Rep. Ralph Recto has identified the Department of Social Welfare and Development (DSWD) as the agency that has the “the lowest regular staff-to-clientele ratio in the entire bureaucracy". Deputy Speaker Ralph Recto (Facebook) Figures cited by Recto...
The biggest problem when it comes to the national budget is spending it properly. Deputy Speaker Ralph Recto (Facebook) This was the gist of House Deputy Speaker and Batangas 6th district Rep. Ralph Recto's statement Monday, Aug. 22, which he gave on the same day that the lower chamber received the...
House Deputy Speaker Ralph Recto asserted on Tuesday, Aug. 16, that the importation of the right volume of sugar must be “solely based on science and insulated from lobby and politics.” Batangas 6th District Rep. Ralph Recto (Senate PRIB) In doing so, Recto said in a statement, sugar demand and...
Deputy Speaker and Batangas 6th District Rep. Ralph Recto placed Budget Secretary Amenah Pangandaman on the spot as he called on the newly appointed chief to include in her reforms the scrapping of the controversial procurement service of her department. Budget Secretary Amenah Pangandaman (left)...
Deputy Speaker and Batangas 6th District Rep. Ralph Recto on Wednesday, Aug. 10, called on President Ferdinand Marcos Jr. to dismantle the Procurement Service of the Department of Budget and Management (DBM) and the Philippine International Trading Corp. (PITC) for their involvement in anomalous...
House Speaker Martin Romualdez and other members of the Congress paid their last respects to the late former president Fidel V. Ramos on Thursday, Aug. 4. House Speaker Martin Romualdez visits wake of FVR. (Photo courtesy of Romualdez’s office) Today is the first day of the viewing of Ramos’...