Tag: DOT

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DOT refocuses tourism push amid constraints

The Department of Tourism (DOT) is sharpening its global promotions strategy, refocusing its tourism push toward emerging and high-value markets as it tempers expectations amid budget limitations, infrastructure gaps, and air connectivity constraints.

Tourism stays afloat amid global crosswinds

Philippine tourism proved more resilient than raw arrival figures suggest in 2025, cushioning the economy and protecting jobs despite mounting global and domestic pressures.

PAL layovers become Manila mini city-adventures

Foreign tourists transiting through Manila on Philippine Airlines can now step beyond the terminal, as the Department of Tourism rolls out its Transit Tours for PAL passengers, turning long layovers into curated city experiences.

DOT, DOF untangle tourism tax rules

The Department of Tourism (DOT) and the Department of Finance (DOF) are moving to calm nerves across the travel industry, forming a technical working group (TWG) to address tax concerns triggered by a sweeping new revenue regulation.

Philippines pitches Cebu as tourism comeback

Facing a dip in foreign visitor arrivals, the Philippines is rolling out a high-stakes tourism pitch by hosting the ASEAN Tourism Forum (ATF) this month—using Cebu as both stage and symbol of a hoped-for rebound.

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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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