Philippine President Ferdinand Marcos Jr. and South Korean President Lee Jae-myung on Tuesday pledged to broaden cooperation across trade, infrastructure, defense, nuclear energy and emerging technologies, marking a significant expansion of economic ties between the two Asian countries .
Foreign tourist arrivals to the Philippines fell by 2.4 percent in the first nine months of the year, reaching 4.33 million, according to data from the Department of Tourism. The decline was largely driven by a sharp drop in visitors from South Korea and China.
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).
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 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.
NUVALI is set to welcome 10 new retail, dining, wellness and service establishments in the fourth quarter, expanding the commercial mix at The Shops NUVALI at Central Bloc in Laguna.
The National Privacy Commission (NPC) is stepping up regulatory scrutiny of digital platforms operating in the Philippines, signaling potentially tighter compliance requirements for companies processing Filipinos’ personal data, particularly those serving children and young people.
Australia is launching a P2-billion economic program in the Philippines to attract investment, advance business reforms and strengthen fiscal management over the next five years.