The Secretary of Finance (SOF) needs to build a strong relationship with the president, make decisions based on what is best for the country, and be skilled at negotiating and working with lawmakers. Former officials from the Department of Finance (DOF) said that having the trust and support of the...
The penalties being collected by the Energy Regulatory Commission (ERC) has been proposed to be re-channeled as compensation to consumers who are casualties of blackout incidents, similar to the four-day power failure which plunged Western Visayas into a state of economic vulnerability and...
The Department of Social Welfare and Development (DSWD) has assured the public that there are "no additional requirements" being asked from clients who are requesting aid under the agency's Assistance to Individuals in Crisis Situation (AICS) program. DSWD / Manila Bulletin “Ina-assure namin ang...
DOF Secretary Ralph Recto (Facebook) The Trade Union Congress of the Philippines (TUCP) is looking forward to building a labor-friendly economy with newly-appointed Department of Finance (DOF) Secretary Ralph Recto. In a statement on Friday, Jan. 12, TUCP...
Pampanga 2nd district Rep. Gloria Macapagal-Arroyo (left), DOF Secretary Ralph Recto (Arroyo's office, Facebook) Pampanga 2nd district Representative and former president Gloria Macapagal-Arroyo can't help but feel proud of Ralph Recto, who took over...
The Department of Social Welfare and Development (DSWD) on Friday, Jan. 12, marked its 73rd anniversary with highlights showcasing its significant achievements this year. Photo courtesy of DSWD During the event, Secretary Rex Gatchalian outlined the agency's success in reducing poverty and...
Former Subic Bay Metropolitan Authority (SBMA) Chairman Jonathan Tan is now an undersecretary at the Department of the Interior and Local Government (DILG). MOVING — President Ferdinand 'Bongbong' Marcos Jr. administers the oath of office of Jonathan Tan as a new undersecretary at the...
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'...
