Marcos Economic Team Heeds Call for Cabinet Revamp

Philippines Marcos replaces foreign minister in reshuffle but keeps his economics team intact

Philippine President Ferdinand Marcos has replaced his foreign minister but kept his economic team, a senior official said Friday. Read full story

Philippines' Marcos appoints new foreign minister amid cabinet shake-up

MANILA -- Philippine President Ferdinand Marcos Jr. is appointing a new top diplomat as he continues to reshuffle his cabinet in the wake of midterm e

Stocks surge after PBBM keeps economic team intact

The PSEi rose on the last trading day of the week as uncertainties eased after President Marcos chose to keep his economic team intact after asking his cabinet secretaries to tender their courtesy resignations.The main index jumped 107.73 points or 1.71 percent to close at 6,413.10 as Banks led the charge while Mining firms declined due to weaker gold prices. Volume was lower at 854 million shares worth P6.25 billion as gainers beat losers 109 t…

Marcos keeps economic team, replaces foreign minister in cabinet revamp

MANILA — President Ferdinand Marcos Jr will retain his trade, finance, budget and economic planning ministers but will replace the foreign minister in an overhaul of his cabinet, his executive secretary said on Friday. Executive Secretary Lucas Bersamin announced the changes after Marcos had asked all his cabinet secretaries to resign following the government’s disappointing performance in midterm elections last […] The post Marcos keeps economi…

Marcos economic team heeds call for Cabinet revamp

MANILA, Philippines — Most members of the economic team and related departments agreed to submit their resignations on Thursday morning following President Ferdinand Marcos Jr.’s call for a “bold reset” of the Cabinet. Transport Secretary Vince Dizon, who was appointed only in February, was the first to announce his courtesy resignation. Agriculture Secretary Francisco Tiu