Spain is on fairly a roll.
First, Carlos Alcaraz received back-to-back Wimbledon titles to bump up his grand slam title haul to 4 at simply 21 years previous. Then just some hours later, a strong Spanish group beat England 2-1 to bag the extremely prized Euro 2024 silverware.
Spanish monarch Felipe VI may deliver a few of that luck to the Philippines when he visits the Philippines someday in 2025.
The Marcos administration had invited the King to come back over for a go to, and after months of ready, he lastly stated sure.His go to will come at a time of warming relations between the Philippines and its European companions—a stark distinction in the course of the time of former President Rodrigo Duterte when human rights points cooled ties with the European Union.
King Felipe VI’s go to can be anticipated to bolster commerce and safety ties between the Philippines and its former colonizer, which, to recall, placed on the desk a proposal to supply the Philippines with its first submarines and frigates care of Navantia, plus different army tools to be used by the Armed Forces of the Philippines. Then there’s protection and know-how firm Arquimea, which is supporting the Philippine area company and getting ready to regionally manufacture drones and make the Philippines its regional hub.
However other than these, the go to is predicted to focus on the depth and breadth of the connection between the 2 nations that had prolonged to twin citizenship for certified people and paved the best way for extra Filipino firms to develop and plant the nation’s flag on Spanish soil.
The Philippine and Spanish embassies are already engaged on the timing in addition to the protection of the King’s go to.
Keep tuned for extra particulars. However what’s certain is that the Marcos administration will pull out all of the stops to ensure that he will get the remedy worthy of a King. —Tina Arceo-Dumlao
Financial group head-hunting
Amid talks a few mini-revamp of the financial group, one title has surfaced as a potential Cupboard beginner: economist Stella Luz Alabastro-Quimbo, presently Marikina consultant (2nd district) and a former commissioner of the Philippine Competitors Fee.
In line with the grapevine, she is eyed to steer the Nationwide Financial and Growth Authority (Neda), with present Neda chief Arsenio Balisacan rumored to be heading to the Division of Commerce and Business (DTI).
However for these wanting to see the College of the Philippines summa cum laude graduate (who additionally obtained her MA and PhD from the premier state college) holding a Cupboard submit, now just isn’t but the time.
“No, I’m operating for mayor in Marikina,” Quimbo informed Biz Buzz.
Different sources stated Quimbo had even been invited to affix the Division of Training however had clearly declined. Neither is she eager on taking up the Neda nor DTI portfolio right now.
Eager observers consider that Balisacan, for his half, would favor to remain on as Neda chief—as a substitute of taking the lateral motion to DTI—as he has plenty of initiatives to finish, significantly these that can professionalize authorities financial forecasting.
In the meantime, Frederick Go, particular assistant to the President for funding and financial affairs, has denied that he would tackle the DTI quickly.
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However all of the clues result in the lively head-hunting for a brand new commerce chief, changing present Commerce Secretary Alfredo Pascual. (The caveat is that this has been a recurring hypothesis for years.) —Doris Dumlao-Abadilla INQ
