Tag: Tourism

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AirAsia notes threat to airlines as tourism wobbles

Travel & Tourism Context.ph Context.ph -
AirAsia Philippines has sounded the alarm on mounting pressures confronting both the aviation industry and the broader tourism sector, warning of a “triple threat” that is squeezing margins and dampening demand.

Angara-Mathay pushes unified drive to boost inclusive tourism growth

Travel & Tourism Context.ph Context.ph -
Tourism Secretary Dita Angara-Mathay has called for a more coordinated push across the sector to sustain tourism’s role as a driver of inclusive economic growth, emphasizing its impact on livelihoods, enterprises, and communities nationwide.

Subic charts bold course into cruise facility

Transport & Logistics Context.ph Context.ph -
The Subic Bay Freeport Zone is plotting a major leap into the regional cruise tourism market with plans to build a dedicated cruise ship terminal worth about P10 billion, an investment that also coincides with renewed shipbuilding activity and expanding container operations in the port hub.

TIEZA wars travel tax removal could hurt Philippine tourism

Travel & Tourism Context.ph Context.ph -
The proposed removal of the P1,620 travel tax is raising alarms in the Philippine tourism sector as the Tourism Infrastructure and Enterprise Zone Authority (TIEZA) says critical infrastructure projects could face serious funding gaps.

Philippines targets Europe’s premium travel market

Travel & Tourism Context.ph Context.ph -
The Philippines is intensifying its push into Europe, aiming to deepen engagement and secure higher-value partnerships at Internationale Tourismus Börse Berlin 2026.
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DoubleDragon pivots as overseas revenues fuel growth

Corporate 0
DoubleDragon Corp. posted record revenues of P27.91 billion in 2025, up 56 percent from P17.86 billion a year earlier, as fresh contributions from its overseas operations began reshaping the company’s earnings profile.

San Miguel targets P30-billion preferred share sale

Corporate 0
San Miguel Corp. seeks to raise up to P30 billion through a new preferred share offering as the conglomerate moves to refinance debt and support its ambitious infrastructure expansion program.

US State Secretary backs Luzon Corridor in Marcos call

Economy 0
US Secretary of State Marco Rubio reaffirmed Washington’s support for the Luzon Economic Corridor during a telephone conversation with Ferdinand R. Marcos Jr. on May 31, underscoring the growing economic and strategic partnership between Manila and Washington.

Factory rebound gains steam as demand recovers

Economy 0
Philippine manufacturing returned to growth in May, snapping a brief downturn as stronger domestic demand fueled production and new orders, according to the latest S&P Global Philippines Manufacturing PMI survey.

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