Dominguez, Diokno, Cayetano are classmates in Jack Ma’s school in China
What an exciting session!
Finance Secretary Carlos Dominguez III literally went back to school as they visited billionaire Jack Ma in China.
The Cabinet man sat with Budget Sec. Benjamin Diokno and Foreign Affairs Sec. Alan Peter Cayetano as they attended a three-day workshop at the Alibaba School in Huangzhou, where they went to learn the latest innovations for e-commerce.
“As a finance professional, I am profoundly impressed by the immense technological progress achieved in the field of digital finance. That progress not only enhances payments systems and improved remittance processing, they make possible a more inclusive financial system,” Dominguez said in a statement.
“Artificial intelligence could solve many of our most intractable problems,” he added.
The New Economy Workshop for Philippine officials is the first overseas government training program organized by the Alibaba Business School.
The Cabinet officials also had other government officials as their classmates: Bangko Sentral ng Pilipinas Deputy Governor Maria Almasara Cyd Tuaño Amador, former Senate President Manuel Villar, Representative Dakila Carlo Cua, Finance Undersecretary Antonette Tionko, Finance Assistant Secretary Mark Dennis Joven, and Bases Conversion and Development Authority president Vivencio Dizon.
Businessmen George Barcelon, Dennis Uy and Joey Leviste; Taguig City Mayor Lani Cayetano, Deputy Director General Francisco Gamboa of the Philippine National Police and Major General Benito de Leon of the Armed Forces of the Philippines’ Davao City Public Safety and Security Command Center also attended the workshop.