The Department of Tourism (DOT) has bolstered its leadership ranks with the appointment of three new undersecretaries, including former Philippine Airlines (PAL) president Stanley K. Ng, as the agency intensifies efforts to strengthen the country’s tourism competitiveness and accelerate industry growth.
Three new direct flights between the Philippines and China are set to strengthen air connectivity and accelerate the recovery of the country’s tourism sector, the Department of Tourism (DOT) said.
The Philippines is set to gain a fresh boost in tourism and economic activity as Chinese carriers expand direct flights to Manila, strengthening both business links and people-to-people exchanges.
A leading Philippine travel association is pressing the government to clarify tax rules for agency transactions, warning that inconsistent interpretations by Revenue District Offices (RDOs) are driving up compliance costs and sparking audit disputes.
The Department of Tourism (DOT) welcomed Air China’s inaugural Chongqing-Manila (CKG-MNL) flight on May 2, signaling a major boost for the Philippines’ tourism recovery.
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.
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 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 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.