CEOs ready for Marcos Jr., but anxious who ‘next Sonny Dominguez’ will be

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CEOs ready for Marcos Jr., but anxious who ‘next Sonny Dominguez’ will be
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Elites view Ferdinand Marcos Jr.'s economics skills as dismal, but they hope he would make up for it if he wins by appointing someone very much like President Rodrigo Duterte's finance secretary. PHVote WeDecide

Like many Filipinos, the country’s 1% – or at least the wealthy who have little or no hand in choosing the next president – dread the elections.“I can’t wait for this to be over, it’s stressing everyone out! I’m more interested really in who the ‘next Sonny Dominguez’ will be. Candidates should drop us a hint to calm the markets down,” said an influential real estate executive.While Duterte was deemed as populist, Dominguez’s actions were perceived as opposite of the strongman’s.

Zamora is one of the founders of Nickel Asia Corporation and former chairman of Philippine Telegraph & Telephone Corporation. A CEO of a financial institution said this somewhat gives assurances that a “sound mind” would “counter” whatever Marcos has in mind. Purisima was also part of the Hyatt 10, the group of Cabinet secretaries of former president Gloria Macapagal-Arroyo who resigned amid the “Hello Garci” scandal.

“His sister has been peddling fake news in the Senate…saying Masagana 99 was a success story. It was not. I was a new manager banker at that time. My bank went bankrupt. I’m sure Mr. Marcos has the same logic as his sister, and we clearly have a different recollection of events,” the C-level executive said.

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