EconomyForex

Marcos names godson creative adviser

1 Mins read
OFFICE OF THE PRESS SECRETARY

PRESIDENT Ferdinand R. Marcos, Jr. has appointed one of his godsons his adviser for creative communications, the presidential palace said on Monday. 

Filmmaker Paul D. Soriano, who took his oath before the president, had agreed to get a peso as his yearly salary, it said. 

Mr. Soriano, who directed a political ad promoting Mr. Marcos during the presidential campaign, will advise Mr. Marcos and help agencies including government-owned and -controlled corporations enhance their information campaigns. 

Mr. Marcos and his wife First Lady Liza Araneta-Marcos were wedding sponsors to the filmmaker and his wife, actress Toni Gonzaga. His dad and the first lady are first cousins. 

Observers said the move bodes ill for Mr. Marcos’ rightsizing push, but that was before the palace said something about his pay. 

“This particular appointment seems to be a political accommodation,” policy analyst Michael Henry Ll. Yusingco said in a Facebook Messenger chat. “It doesn’t seem consistent with the president’s commitment to rightsize the National Government.”  

Creating positions for political allies “bloats our central bureaucracy even more,” he said. 

In his first address to Congress in July, Mr. Marcos said rightsizing the bureaucracy was among his top priorities.  

Maria Ela L. Atienza, who teaches politics at the University, said Mr. Marcos was filling his inner circle with “a lot of people he thinks he can trust” because there is no solid principled party behind him.  

“He has to put relatives, allies and even former allies and cronies of his father around him.” — Kyle Aristophere T. Atienza 

Related posts
EconomyForex

Peso to rise as Fed woes drag dollar

4 Mins read
BW FILE PHOTO THE PHILIPPINE PESO is expected to end the year stronger against the US dollar as the greenback remains under…
EconomyForex

PSEi ends flat as market awaits Fed policy hints

2 Mins read
BW FILE PHOTO PHILIPPINE STOCKS ended flat on Wednesday as investors stayed on the sidelines ahead of a trading break and the…
EconomyForex

‘Game-Changing Insights’: Dealers’ Business Forum ignites passion and purpose among partners

2 Mins read
By Jay Ann Bonghanoy It wasn’t just another seminar. For many dealers in the room, it marked a real turning point. On…
Power your team with InHype
[mc4wp_form id="17"]

Add some text to explain benefits of subscripton on your services.

Leave a Reply

Your email address will not be published. Required fields are marked *