BUSINESS

Philippines prez appoints college buddy as new head of Pagcor

TAGs: PAGCOR, Philippines

If you ever doubted the value of higher education, look no further than Cristino Naguiat, who has just been sworn in as the new head of Philippine Amusement and Gaming Corp. (Pagcor). Naguiat was a classmate of the country’s new president, Benigno Aquino III, and while we don’t have photos of the swearing-in ceremony, we like to imagine that the two college buddies were wearing togas and drinking beer from a funnel. Read more.

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