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DOMINGO RESIGNS AS DTI SECRETARY


SEPTEMBER 12 --Trade and Industry Secretary Gregory Domingo has resigned from his cabinet post, a Palace official confirmed on Saturday. “According to Executive Secretary Paquito N. Ochoa Jr., Secretary Gregory Domingo has submitted his resignation to President Aquino and that this is under consideration,” Communications Secretary Herminio “Sonny” Coloma Jr. said in a statement. Coloma said Ochoa is awaiting word from President Benigno Aquino III regarding this matter. Nestor Corrales, INQUIRER.net THIS IS THE FULL REPORT...

ALSO: Oh, Gregory! Domingo resignation confirmed by Palace


SEPTEMBER 12 -WHAT’S THE BIG SECRET? — President Aquino lends an ear to Department of Trade and Industry Secretary Gregory Domingo at Friday’s opening of the 23rd Asia Pacific Economic Cooperation Council General Meeting at the Hotel Sofitel Philippine Plaza in Pasay City. Yesterday, the Palace confirmed Domingo has resigned. (Richard V. Viñas) Department of Trade and Industry (DTI) Secretary Gregory Domingo wants out of President Aquino’s Cabinet after serving it for five years. A note sent to Malacañang reporters by Presidential Communications Operations Office (PCOO) Secretary Herminio Coloma yesterday afternoon revealed that Domingo has tendered his resignation, thus, confirming reports that he intended to quit his post.“According to Executive Secretary Paquito N. Ochoa Jr., Secretary Gregory Domingo has submitted his resignation to President Aquino and that this is under consideration. Secretary Ochoa is awaiting word from the President regarding this matter,” read Coloma’s terse note. The PCOO chief did not say anything on the reason behind the DTI secretary’s resignation. A former executive director of SM Investments Corporation, Domingo was among the first appointees of the Aquino administration. His resignation came with less than 10 months left in the President’s tenure. READ MORE...

ALSO: Biz groups lament Domingo exit


SEPTEMBER 13 -Secretary Gregory Domingo
MANILA -Local and foreign business groups are saddened by the news that Trade and Industry Secretary Gregory Domingo has resigned effective next month. Malacañang –through Presidential Communications Operations Office Secretary Herminio Coloma Jr. – confirmed that Domingo submitted his resignation but stressed that President Aquino has not yet acted on it. Informed sources, however, told The STAR yesterday that the resignation has been accepted. Philippine Chamber of Commerce and Industry president Alfredo Yao said Domingo’s resignation at this time may disrupt certain business operations and activities, considering his department’s principal role in the coming Asia-Pacific Economic Cooperation leaders’ summit in Manila in November. “It will affect and slow down something in the government and business community. There will be questions as to who will decide in DTI and there will again be adjustments. Hopefully his undersecretaries can step up,” Yao said. “He is a very good secretary,” the former ambassador added. Makati Business Club executive director Peter Angelo Perfecto also said Domingo’s exit from DTI is not good for the business community right now but declined to elaborate, saying the news is not confirmed yet. READ MORE...

ALSO: Noy uses old data for Apec to flip slow 2015 GDP


SEPTEMBER 11 -SPEECH IN CEBU on September 10, 2015.
President Aquino’s window dressing of the economy before Asia Pacific Economic Cooperation (Apec) Finance Ministers yesterday was undeniable after he used previous economic data from the past five years to market the Philippines while making no mention of the current economic figures reaped in 2015. In a speech delivered before the foreign financial executives, Aquino highlighted gains of the administration in the past five years, bannering the 6.2 percent growth in gross domestic product (GDP) from last year as opposed to the slower 5.6 percent gained at the second quarter of this year, coming from an initial of 5.2 percent, both turtle-paced compared to those in 2014.The President also noted the positive credit ratings received from several international bodies in the interim of his term, which all banked on the past advancements of the economy.“Our resolve began to reap results much faster than expected. One look at the figures tells a complete story: From 2010 to 2014, we posted a GDP growth rate of 6.2 percent, which marks the fastest period of economic growth for our country in four decades,” he said. “We believe the macroeconomic fundamentals are in place for us to continue, if not improve on, this performance. During our administration alone, the Philippines received 22 positive credit rating actions,” he added. Remarks made by the chief executive followed the smear caused by the findings of the Social Weather Stations (SWS) that the number of jobless adults in the country is approximated at 10.5 million. The data from the think tank also provided that the Philippines has an older work force as more of those unemployed are from those aged 18-25.
The President still insisted that the “Philippines is stable, able, and resilient” in light of the current volatility of other economies, that succumbed either to the European debacle with Greece’s opposition to a financial bail out to equalize its debts and China’s plunging stocks. Aquino primarily footed his confidence of the economy on the Cebu Action Plan, which seeks better financial integration among Apec members. READ MORE...

ALSO: Aquino says, Pinoys will demand for accountability, inclusive growth beyond 2016


SEPTEMBER 11 -As an offshoot of his six-year stint at Malacañang, President Benigno Aquino III on Friday said that Filipinos will continue to demand for good governance and inclusive growth even after he steps down in 2016.
“We see today a people who have felt the effects of good governance – and who will refuse to accept anything less,” Aquino told participants during the 23rd Pacific Economic Cooperation Council (PECC) general meeting at the Sofitel Plaza in Pasay City. “My countrymen will continue to demand integrity, accountability, and sustainable, inclusive growth even after I have stepped down from office. They will demand the continuity of the successes we have reaped,” the President added. Aquino said his administration’s strategy was to invest in the Filipino people through improved social services and infrastructure. He cited the anti-poverty measure conditional cash transfer (CCT) program, which provides cash assistance to poor households. This year, some 4.4 million households are listed as beneficiaries. Aquino also noted the K-12 program, and the training courses offered by the Technical Education and Skills Development Authority (TESDA) as strategies to “empower them to take advantage of opportunities that arise.” READ MORE...RELATED Some bishops not convinced PNoy licked corruption...


READ FULL MEDIA REPORTS HERE:

Domingo resigns as DTI secretary

MANILA, SEPTEMBER 14, 2015 (INQUIRER) @inquirerdotnet 04:11 PM September 12th, 2015 - Trade and Industry Secretary Gregory Domingo has resigned from his cabinet post, a Palace official confirmed on Saturday.

“According to Executive Secretary Paquito N. Ochoa Jr., Secretary Gregory Domingo has submitted his resignation to President Aquino and that this is under consideration,” Communications Secretary Herminio “Sonny” Coloma Jr. said in a statement.

Coloma said Ochoa is awaiting word from President Benigno Aquino III regarding this matter. Nestor Corrales, INQUIRER.net


MANILA BULLETIN

Oh, Gregory! Domingo resignation confirmed by Palace by Ellson Quismorio September 12, 2015 Share0 Tweet0 Share0 Email0 Share4


WHAT’S THE BIG SECRET? — President Aquino lends an ear to Department of Trade and Industry Secretary Gregory Domingo at Friday’s opening of the 23rd Asia Pacific Economic Cooperation Council General Meeting at the Hotel Sofitel Philippine Plaza in Pasay City. Yesterday, the Palace confirmed Domingo has resigned. (Richard V. Viñas)

Department of Trade and Industry (DTI) Secretary Gregory Domingo wants out of President Aquino’s Cabinet after serving it for five years.

A note sent to Malacañang reporters by Presidential Communications Operations Office (PCOO) Secretary Herminio Coloma yesterday afternoon revealed that Domingo has tendered his resignation, thus, confirming reports that he intended to quit his post.

“According to Executive Secretary Paquito N. Ochoa Jr., Secretary Gregory Domingo has submitted his resignation to President Aquino and that this is under consideration. Secretary Ochoa is awaiting word from the President regarding this matter,” read Coloma’s terse note.

The PCOO chief did not say anything on the reason behind the DTI secretary’s resignation.

A former executive director of SM Investments Corporation, Domingo was among the first appointees of the Aquino administration. His resignation came with less than 10 months left in the President’s tenure.

READ MORE...

Earlier Saturday, Deputy Presidential Spokesperson Abigail Valte said in a DZRB radio interview that she had not received any information about Domingo’s resignation.

“I saw Secretary Domingo a few weeks ago and he did not… Wala naman po siyang nabanggit na ganyan (he didn’t say anything about resigning),” she said.

“Similarly, I have not been informed of any resignation of any of our Cabinet members, so wala pa naman pong anunsyo tungkol diyan (there has been no announcements to that effect),” added Valte.

News of the DTI chief’s resignation came amid the country’s hosting of high-level Asia Pacific Economic Cooperation (APEC) meetings.

Valte who, at that time, was oblivious to Domingo’s upcoming move, underscored the importance of the DTI in the economics-fueled talks.

“Malaki talaga ang papel ng DTI pagdating doon sa mga substantive doon sa meetings (The DTI truly has a huge role when it comes to the meetings),” she said.


PHILSTAR

Biz groups lament Domingo exit By Richmond Mercurio (The Philippine Star) | Updated September 13, 2015 - 12:00am 0 41 googleplus0 0


Secretary Gregory Domingo

MANILA, Philippines - Local and foreign business groups are saddened by the news that Trade and Industry Secretary Gregory Domingo has resigned effective next month.

Malacañang – through Presidential Communications Operations Office Secretary Herminio Coloma Jr. – confirmed that Domingo submitted his resignation but stressed that President Aquino has not yet acted on it. Informed sources, however, told The STAR yesterday that the resignation has been accepted.

Philippine Chamber of Commerce and Industry president Alfredo Yao said Domingo’s resignation at this time may disrupt certain business operations and activities, considering his department’s principal role in the coming Asia-Pacific Economic Cooperation leaders’ summit in Manila in November.

“It will affect and slow down something in the government and business community. There will be questions as to who will decide in DTI and there will again be adjustments. Hopefully his undersecretaries can step up,” Yao said. “He is a very good secretary,” the former ambassador added.

Makati Business Club executive director Peter Angelo Perfecto also said Domingo’s exit from DTI is not good for the business community right now but declined to elaborate, saying the news is not confirmed yet.

READ MORE...

For his part, European Chamber of Commerce of the Philippines vice president for external affairs Henry Schumacher said the DTI at present has a good roster of undersecretaries and assistant secretaries to compensate for Domingo’s resignation.

“They will be able to keep DTI and the Board of Investments running,” Schumacher said. He cited Philippine Economic Zone Authority chief Lilia de Lima who “knows what she is doing and will continue being one of the biggest assets of the country.”

Other business groups opted not to comment until Domingo’s resignation is confirmed.

The STAR, quoting sources, reported yesterday that Domingo is bound to leave the DTI by next month, as he feels burned out.

Domingo, however, has remained mum on the issue and has yet to answer calls and text messages.

“He should have very good reason. There should be valid reason for his resignation. If that is true, I think it is his health,” Yao said.

Yao said the last time he saw Domingo – some four to five months ago – the DTI chief was complaining of his diabetes.

“So I believe it could be his health that is the problem and not just burnout. Because if he’s burned out, then he should have quit two, three years ago,” Yao said.

Sketchy details Coloma said he did not have details on Domingo’s resignation, including the official’s reason for doing so, the date of the resignation, and whether it was irrevocable.

Domingo was with the President during the 23rd Pacific Economic Cooperation Council (PECC) General Meeting at the Sofitel Philippine Plaza in Pasay City on Friday, the day he was reported to have resigned.

Coloma said Domingo’s resignation was “under consideration” and that Executive Secretary Paquito Ochoa Jr. “is awaiting word from the President regarding this matter.”

Domingo, a low-key member of the Cabinet, has never figured in any controversy. He has been leading government efforts to attract more investments in the country, among other tasks. He is also one of the regular companions of the President in the latter’s trips abroad.

According to a source, Domingo has discussed the matter with the President and “they remain in good terms as they have always been” despite his having indicated intention to resign. The source did not say when and where the supposed discussion took place.

When Jericho Petilla resigned as energy secretary and Manuel Roxas II as interior chief, President Aquino asked them to stay a bit longer to ensure smooth transition in their departments. Roxas is the administration’s presidential candidate in the 2016 elections.

Deputy presidential spokesperson Abigail Valte said over dzRB she was not aware of Domingo’s resignation even as she cited the important role of his department in the ongoing Asia-Pacific Economic Cooperation meetings and in the upcoming APEC leaders’ summit in November. – With Aurea Calica


TRIBUNE

Noy uses old data for Apec to flip slow 2015 GDP
Written by Joshua L. Labonera Friday, 11 September 2015 00:00


PRESIDENT AQUINO'S SPEECH REPORT IN Business-Economy sesction (BE)

President Aquino’s window dressing of the economy before Asia Pacific Economic Cooperation (Apec) Finance Ministers yesterday was undeniable after he used previous economic data from the past five years to market the Philippines while making no mention of the current economic figures reaped in 2015.

In a speech delivered before the foreign financial executives, Aquino highlighted gains of the administration in the past five years, bannering the 6.2 percent growth in gross domestic product (GDP) from last year as opposed to the slower 5.6 percent gained at the second quarter of this year, coming from an initial of 5.2 percent, both turtle-paced compared to those in 2014.

The President also noted the positive credit ratings received from several international bodies in the interim of his term, which all banked on the past advancements of the economy.

“Our resolve began to reap results much faster than expected. One look at the figures tells a complete story: From 2010 to 2014, we posted a GDP growth rate of 6.2 percent, which marks the fastest period of economic growth for our country in four decades,” he said.

“We believe the macroeconomic fundamentals are in place for us to continue, if not improve on, this performance. During our administration alone, the Philippines received 22 positive credit rating actions,” he added.

Remarks made by the chief executive followed the smear caused by the findings of the Social Weather Stations (SWS) that the number of jobless adults in the country is approximated at 10.5 million. The data from the think tank also provided that the Philippines has an older work force as more of those unemployed are from those aged 18-25.

The President still insisted that the “Philippines is stable, able, and resilient” in light of the current volatility of other economies, that succumbed either to the European debacle with Greece’s opposition to a financial bail out to equalize its debts and China’s plunging stocks.

Aquino primarily footed his confidence of the economy on the Cebu Action Plan, which seeks better financial integration among Apec members.

READ MORE...

He said the country’s “commitment to improve and finance infrastructure” will lay the necessary foundations for continued growth.

“Not to mention, the Cebu Action Plan will also help equip us to respond to some of the gravest threats to our economies in the form of natural disasters, particularly those caused by the new normal of climate change,” he added.

In the same event, Cabinet secretaries were keen on backing the President, with Finance Secretary Cesar Purisima noting that the road map was “broad because it gives opportunity to put in a lot of specific initiatives.”

Malacañang has previously refuted critics who continually bash on the Aquino administration over the “downward spiral” that the economy is said to crash into this year. Ibon Foundation said that the government should be concerned about the country’s slowing growth and the slowdown in agriculture and manufacturing.

Critics said that the comparatively low data from the last two semesters should not be swept under the rug by the administration by its hyping of increasing public spending, as it should focus on strengthening the agriculture and manufacturing sectors to arrest the current slowdown in economic growth.


GMA NEWS NETWORK

Pinoys to demand for accountability, inclusive growth beyond 2016 – Aquino September 11, 2015 1:15pm Tags: pnoy, pnoyadminreforms, pecc By KATHRINA CHARMAINE ALVAREZ, GMA News

As an offshoot of his six-year stint at Malacañang, President Benigno Aquino III on Friday said that Filipinos will continue to demand for good governance and inclusive growth even after he steps down in 2016.

“We see today a people who have felt the effects of good governance – and who will refuse to accept anything less,” Aquino told participants during the 23rd Pacific Economic Cooperation Council (PECC) general meeting at the Sofitel Plaza in Pasay City.

“My countrymen will continue to demand integrity, accountability, and sustainable, inclusive growth even after I have stepped down from office. They will demand the continuity of the successes we have reaped,” the President added.

Aquino said his administration’s strategy was to invest in the Filipino people through improved social services and infrastructure.

He cited the anti-poverty measure conditional cash transfer (CCT) program, which provides cash assistance to poor households. This year, some 4.4 million households are listed as beneficiaries.

Aquino also noted the K-12 program, and the training courses offered by the Technical Education and Skills Development Authority (TESDA) as strategies to “empower them to take advantage of opportunities that arise.”

READ MORE...

“After all, any growth in the economy that is not inclusive will likely not be sustainable. Should government fail to realize this, and consequently fail to build the capacities of their people, then they would only help to widen the social and economic divide between their citizens,” Aquino said.

He cited the government’s initiatives to improve the state of infrastructure in the country, including transportation systems like airports and railways.

“This will not only ensure that the Philippines becomes more competitive, but that the benefits of trade, investment, and growth are able to reach even the most far-flung communities of the Philippines,” he said.

The PECC general meeting was attended by business, government and civil society leaders from the Asia-Pacific region. – VS, GMA News

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EARLIER RELATED  NEWS FROM GMA NEWS NETWORK

Some bishops not convinced PNoy licked corruption July 28, 2015 8:18pm Tags: undefined

Not all Catholic bishops are convinced by President Benigno Aquino III's claim in his State of the Nation Address that his administration has rooted out corruption as some said that while Aquino did not steal from government coffers, they believe state funds have been used to assert influence.

“His ‘Daang Matuwid’ is not successful just because he claim that [he] does not steal from government coffers. However, he used state funds to influence lawmakers and other officials for questionable aims," Sorsogon Bishop Arturo Bastes said in an article on the Catholic Bishops' Conference of the Philippines news site.

Bastes referred to allegations that Malacañang offered money to lawmakers to pass the Reproductive Health law, and to ensure the conviction of impeached Chief Justice Renato Corona.

The prelate also said that while the economy may have improved under Aquino's watch, it "is not inclusive.”

"Selective justice"

Marbel (South Cotabato) Bishop Dinualdo Gutierrez also scored Aquino for what he called “selective justice” which may be “graft and corruption in itself,” he said. “There is no ‘daang matuwid’. Selective justice (exists in the Aquino administration).”

READ MORE...

For his part, Philippine Council of Evangelical Churches Bishop Efraim Tendero said most of the punitive measures were directed against Aquino's political foes.

Tendero also questioned the government's handling of the situation after super Typhoon Yolanda (Haiyan) devastated the Visayas in 2013, leaving more than 6,300 dead.

He said there was "a very weak leadership" in rehabilitation as "politics paralyzed rehabilitation in Tacloban.”

FOI bill

Manila Auxiliary Bishop Broderick Pabillo questioned the government's failure to pass the Freedom of Information Bill, which he said Aquino must declare the FOI bill a priority measure to prove his administration is serious in fighting corruption.

Citing the bill's aim to make information available to the public, he said irregularities such as the pork barrel scandal will be uncovered if public records are made available. — Joel Locsin/ELR, GMA News


Chief News Editor: Sol Jose Vanzi

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