Philippines’ Marcos Gives Up Agriculture Post, Names New Head

Laurel owns fishing company, contributed to Marcos campaign
New agriculture chief vows to continue Marcos’s programs

Ferdinand Marcos Jr.
Photographer: Veejay Villafranca/Bloomberg

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By Cliff Harvey Venzon and Ditas B Lopez

November 3, 2023 at 2:35 AM UTC

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Philippine President Ferdinand Marcos Jr. has named a food industry executive as the new agriculture chief, relinquishing the post he held for over a year that was marked by a spike in food prices.

Francisco Tiu Laurel Jr., president of deep-sea fishing company Frabelle Fishing Corp., took his oath of office on Friday. “We have found somebody who understands very well the problems that agriculture is facing,” Marcos said in a briefing after announcing Laurel’s appointment.