• Biz group saddened, ‘respects’ Domingo’s resignation

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    The Makati Business Club (MBC) said it was saddened by the resignation over the weekend of Department of Trade and Industry (DTI) Secretary Gregory Domingo at a “critical” time for the Aquino Administration.

    “It is unfortunate that Secretary Domingo will resign at this critical juncture when the country is about to host the APEC Leaders Meeting and as the current administration serves its final year as our country’s stewards of good governance and inclusive growth,” the MBC said in a statement issued on Monday.

    “Secretary Domingo has been a partner of the private sector in various efforts to make the country a more attractive investment option, tirelessly leading trade and investment missions to other countries and welcoming business missions from abroad,” the group said.

    MBC added, however, it will respect the Secretary’s reasons for stepping down, as well as the Palace’s final decision, with the hope that a person of integrity and competence will be appointed to the post urgently.

    Domingo has not given any official reason for his resignation.

    The Trade and Industry secretary submitted his resignation to President Aquino and “that this is under consideration,” according to Executive Secretary Paquito N. Ochoa Jr.

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