MANILA (Reuters) -Philippine President Ferdinand Marcos Jr is keeping his trade, finance, budget and economic planning secretaries in a cabinet reorganisation, but will replace the foreign affairs secretary,

President Ferdinand Marcos Jr. has retained his core economic team and Executive Secretary Lucas Bersamin, while replacing two Cabinet officials in a major post-election shake-up following his administration’s poor performance in the recent midterm polls.

President Marcos accepts the courtesy resignation of Foreign Secretary Enrique Manalo, Environment Secretary Toni Yulo-Loyzaga, and housing czar Jerry Acuzar