The Department of Tourism (DOT) is targeting 6.4 million to 6.8 million international visitor arrivals for full-year 2026, with a stretch goal of reaching seven million, as expanded visa-free access for Chinese tourists could help sustain the Philippine tourism recovery amid geopolitical tensions and higher fuel costs.
The Department of Tourism (DOT) is turning to the country's biggest pop phenomenon to give Philippine tourism a fresh rhythm, naming P-pop sensation BINI as its newest tourism ambassadors.
The Philippine hotel industry is shifting its focus to domestic travelers as geopolitical tensions in the Middle East disrupt international arrivals and slow foreign bookings, prompting operators to brace for a gradual recovery only by the fourth quarter.
The Philippines' recognition as the world's top retirement destination for 2026 is more than a feel-good accolade. It could become a powerful boost for the country's long-stay tourism ambitions and a source of sustained economic activity that extends far beyond traditional vacation spending.
Rising temperatures and widespread dry spells caused by the ongoing El Niño have pushed initial agricultural losses in the Philippines to P8.57 billion, marking a nearly 25 percent increase from the P6.87 billion reported late last month.
The European Union and the Philippines are setting up a joint artificial intelligence (AI) industry laboratory to help businesses adopt emerging technologies, improve productivity and attract investment, with micro, small and medium enterprises (MSMEs) among the intended beneficiaries.
Filipinos are adopting faster, digital-first methods to move money across borders, relying heavily on mobile wallets and bank transfers to support daily household needs while demonstrating an appetite for emerging digital currencies like stablecoins.
The Philippines’ business and investment outlook is deteriorating as rising public debt, slowing economic growth and weakening foreign investment inflows intensify fiscal and economic pressures, according to a new assessment by WR Advisory Group.