Ralph Recto News Today

The Philippines is seeking improved access to concessional loans and blended financing from the French government to fund poverty reduction projects in the country.

The Philippines and Japan have signed a P25-billion loan agreement that will further boost maritime safety in the country.

PRESIDENT Ferdinand R. Marcos Jr. is set to issue a new Executive Order (EO), which will slash rice tariffs to 15 percent amid the soaring international prices of the staple. The government expects the tariff reduction to stabilize rice prices in the next four years and temper inflation. The tariff…

Filipino-Chinese business owners are supporting the suggestions of Finance Secretary Ralph Recto to temporarily lower the tariffs imposed on rice until the end

Finance Secretary Ralph Recto is expecting a more stable and affordable food prices as farm trucks will soon get rebates in recent toll hikes. 

Rice prices could go down by as much as P5 per kilo if tariffs on rice imports would be further reduced, according to government estimates.

The government is estimated to lose less than P10 billion in revenues should the proposed tariff rate reduction on rice imports push through, according to ...

We should protect our territory.

According to Secretary Ralph Recto, the Philippine economy is on track to become a powerhouse by 2033.

Finance Secretary Ralph Recto is in favor of lowering the tariff rate for rice imports. Recto told reporters that the rate could be reduced from the curren...