Anti-trust chief to lead Philippines' economic planning agency –

Philippine president-elect Ferdinand "Bongbong" Marcos Jr., son of late dictator Ferdinand Marcos, speaks during a news conference at his headquarters in Mandaluyong City, Metro Manila, Philippines, May 23, 2022. REUTERS/Lisa Marie David
MANILA, May 23 (Reuters) – The Philippines' anti-trust agency chief Arsenio Balisacan said on Monday he has accepted an offer from incoming president Ferdinand Marcos Jr to be his economic planning chief.
Balisacan, the first confirmed member of the new administration's economics team, previously served in the same role under President Benigno Aquino from 2012 to 2016.
"I will join the new cabinet, mindful of the immense work needed to accelerate economic recovery and post-recovery development," Balisacan said in a statement.
Marcos, who won the presidency earlier this month with nearly 60% of the vote, has said political affiliation was not a factor in selecting people to work in his government. read more
Balisacan, an economist by training, said he looked forward to working with the incoming government and the private sector to help sustain the country's economic recovery from the pandemic.
Marcos's economic team will face challenges like the pandemic, elevated inflation and massive government debt.
Marcos, who will be sworn into office on June 30, has yet to fill all cabinet positions. He has nominated his running mate, vice president-elect Sara Duterte-Carpio, to head the education ministry, and named his spokesperson, Vic Rodriguez, as his executive secretary.
Our Standards: The Thomson Reuters Trust Principles.
South Korean drama "Squid Game" landed its first Emmy awards on Sunday, taking home an acting honor and three other trophies in the run-up to next week's battle for television's best drama.
Reuters, the news and media division of Thomson Reuters, is the world’s largest multimedia news provider, reaching billions of people worldwide every day. Reuters provides business, financial, national and international news to professionals via desktop terminals, the world's media organizations, industry events and directly to consumers.
Build the strongest argument relying on authoritative content, attorney-editor expertise, and industry defining technology.
The most comprehensive solution to manage all your complex and ever-expanding tax and compliance needs.
The industry leader for online information for tax, accounting and finance professionals.
Access unmatched financial data, news and content in a highly-customised workflow experience on desktop, web and mobile.
Browse an unrivalled portfolio of real-time and historical market data and insights from worldwide sources and experts.
Screen for heightened risk individual and entities globally to help uncover hidden risks in business relationships and human networks.
All quotes delayed a minimum of 15 minutes. See here for a complete list of exchanges and delays.
© 2022 Reuters. All rights reserved


Leave a Comment