PH is now VAT-free for foreign tourists

The Philippines is now value-added tax (VAT) -free for foreign tourists with the recent signing of the implementing rules and regulations (IRR) for Republic Act No. 12079, or the VAT…

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Recto secures financing for big-ticket infra projects, budget support for health and climate change initiatives during PH-Japan high-level meeting

Finance Secretary Ralph G. Recto secured financing from Japan for big-ticket infrastructure projects as well as program budget support for health and climate change initiatives during a high-level meeting between…

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Opening Remarks
InvestPH

Ralph G. Recto Secretary of Finance March 19, 2025 Grand Hyatt Manila, BGC Mr. Jose T. Pardo, Chairman of the Philippine Stock Exchange; Mr. Ramon S. Monzon, President and CEO…

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Opening Remarks
InvestPH

Recto: New privatization guidelines allow gov’t to maximize non-tax revenues, encourage participation from ordinary Filipinos

Finance Secretary Ralph G. Recto underscored that the newly issued guidelines of the Privatization Council (PrC) that aim to expedite the disposition of non-performing public assets will allow the national…

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