The Department of Tourism (DOT) expects travel between the Philippines and Australia to surge with Jetstar Airways’ new direct services linking Perth–Manila and, for the first time, Cebu–Brisbane.
Foreign tourist arrivals to the Philippines dipped 3.1 percent in August to 457,438, weighed down by a sharp decline in visitors from South Korea, according to the latest data from the Department of Tourism (DOT).
International visitor arrivals in the Philippines declined by 0.5 percent in the first quarter, reaching 1.65 million, according to data from the Department of Tourism. This drop was partially offset by a sharp increase in arrivals of overseas Filipinos.
Foreign arrivals in the Philippines declined 7 percent in February, totaling 541,008, as the number of tourists from South Korea—the country’s primary market—continued its sharp slide.
Subsidiaries of ACEN Corp., the listed renewable energy arm of the Ayala Group, have voluntarily relinquished two solar energy operating contracts in Quezon and Zambales, citing land acquisition and site access constraints that affected the projects’ development.
The Philippine automotive market could shrink by 1 percent to 2 percent in 2026 before returning to growth in 2027, according to Toyota Motor Philippines (TMP), as weaker sales in the first seven months weigh on the industry’s near-term outlook.
Intellectual property filings in the Philippines are continuing to grow year-on-year even as seizures of counterfeit goods decline, suggesting a shift in the country’s enforcement landscape as physical markets lose prominence and online platforms face tighter scrutiny.
Samsung Electro-Mechanics Philippines (SEMPHIL) is preparing two additional manufacturing investments in Laguna, adding to its previously announced USD1-billion expansion as the electronics industry responds to rising demand for components used in automotive systems, artificial intelligence and high-performance computing.