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.
Filipino motorists face yet another round of pump price increases this coming Tuesday, underscoring the ongoing volatility of domestic fuel costs driven by compounding international crises. According to Jetti Petroleum president Leo Bellas, gasoline prices are projected to rise between P1 and P1.50 per liter, while diesel prices could jump by P1.75 to P2.25 per liter. This upcoming price hike follows the previous week’s substantial surge of P2.49 per liter for gasoline, P3.84 for diesel, and P5.01 for kerosene, highlighting how rapidly fuel rates are creeping higher almost every single week.
Damage to the agriculture sector from the southwest monsoon (habagat) enhanced by Tropical Cyclones Luis, Maymay, and Neneng has risen to ₱1.79 billion, the Department of Agriculture (DA) reported in its 10 a.m. advisory on August 22.
The Department of Agriculture (DA) has launched a stricter, nationwide campaign against counterfeit, unregistered, adulterated, and illegally produced farm inputs, moving to shield farmers from financial and livelihood losses while ensuring fair competition for legitimate industry players.