Tag: DOT

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Retirees give Philippines a tourism edge

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.

Filipino wellness brands seen driving tourism growth

The Philippines is betting on its indigenous healing traditions, homegrown beauty brands, and distinctly Filipino approach to well-being to capture a bigger share of the fast-growing global wellness tourism market.

US tops visitor list as tourism surges

The US has become the Philippines' largest source of foreign tourists as international arrivals continued to climb toward the three-million mark, providing fresh momentum for an industry increasingly being positioned as a driver of investment and economic growth.

Airline veteran takes helm of tourism routes

The Department of Tourism (DOT) is leaning on aviation expertise to help drive the next phase of tourism growth, appointing former airline executive Stanley Ng as undersecretary tasked with expanding the Philippines’ international air connectivity.

China, North America drive Philippines Jan-May tourism growth 

Strong gains from China and North America helped propel international visitor arrivals to the Philippines in the first five months of 2026, offsetting a decline from South Korea and keeping the country's tourism recovery on track.

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GSIS net income rises 14% to P123B in 9M 2026

The Government Service Insurance System (GSIS) posted a net income of P123 billion in the first nine months of 2026, up 14 percent from P108 billion in the same period last year, putting the state pension fund on firmer ground to expand services and finance renewable energy programs for its members.

BSP keeps 3% credit card interest cap, raises installment and cash advance fee limits 

The Bangko Sentral ng Pilipinas (BSP) has maintained the 3.0-percent monthly ceiling on finance charges for unpaid credit card balances while raising the limits on installment add-on rates and cash advance processing fees.

SM Hotels expands events business with Conrad Manila rooftop venue

SM Hotels and Convention Centers (SMHCC) is adding a premium rooftop events venue at Conrad Manila, broadening its offerings for private celebrations and corporate gatherings as it builds out the Mall of Asia Complex as a destination for meetings and events.

PLDT gets NYSE warning over delayed 2024, 2025 filings

PLDT Inc. has until February 13, 2027, to submit its delayed 2024 and 2025 annual financial reports to avoid possible suspension and delisting proceedings on the New York Stock Exchange (NYSE), following the withdrawal of its external auditor’s opinions on the two sets of financial statements.

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