Tag: South Korea

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South Korean slump pulls down August tourism

Travel & Tourism Context.ph Context.ph -
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).

Philippine visitor arrivals dip slightly in early 2025

Top News Context.ph Context.ph -
Tourist arrivals in the Philippines experienced a modest decline in the first four months of 2025, totaling 2.10 million visitors compared to 2.12 million during the same period last year, data from the Department of Tourism showed. 

International visitors decline in 1Q, drop led by SK, China

Travel & Tourism Context.ph Context.ph -
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.

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Aboitiz-Delgado becomes first woman president of Bankers Association of the Philippines

Banking & Insurance 0
Ana Maria Aboitiz-Delgado, president and CEO of Union Bank of the Philippines, has been elected president of the Bankers Association of the Philippines (BAP), becoming the first woman to lead the group in nearly 80 years.

Philippines weighs looser fuel rules

Economy 0
Facing volatile oil prices and rising energy security risks, the Philippine government is considering a temporary loosening of fuel standards to widen supply sources and ease costs.

Oil surge rattles peso, tests policy

Energy & Mining 0
The Philippine peso is back under pressure as surging oil prices and geopolitical strains jolt global markets, sharpening the policy dilemma for the Bangko Sentral ng Pilipinas (BSP).

Maharlika Fund eyes Iligan steel revival

Trade & Investments 0
The Philippine government is weighing the use of the Maharlika Investment Corporation to jump-start the redevelopment of the long-idle former National Steel Corporation (NSC) site in Iligan City, a 500-hectare property seen as a potential anchor for a new industrial and investment hub.

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