00:00The resignation of Alfredo Pascual as Secretary of the Department of Trade and Industry is effective tomorrow.
00:06In the Presidential Communications Office, President Bongbong Marcos and Pascual met in Malacanang and accepted the resignation.
00:13The President acknowledged Pascual's actions in the DTI.
00:16Although it is embarrassing, the President respects Pascual's decision to return to the private sector.
00:22The replacement of the outgoing Secretary Pascual has not yet been announced.
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