Tag: Tourism

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Travel demand seen rebounding in Q4

The Philippine tourism industry is poised for a stronger finish to 2026 as stabilizing fuel prices and pent-up demand encourage Filipinos to revive trips postponed earlier in the year, with cruises and emerging destinations expected to gain momentum.

North America flights lift Philippine tourism growth

Airlines are ramping up flights between North America and the Philippines as robust demand continues to buck a broader slowdown in outbound travel from the US and Canada, reinforcing confidence in one of the country's most valuable tourism markets.

Tourism sips less water, burns more fuel

The Philippine tourism industry used less water in 2025 but consumed more energy and emitted more carbon dioxide, highlighting a growing sustainability challenge as the sector's environmental footprint shifts from the tap to the tailpipe.

Tourism reforms needed now to hit 2028 goals

The Philippines must fix long-standing structural weaknesses in its tourism industry now or risk falling even further behind its Southeast Asian neighbors and missing its 2028 growth targets.

Retirees give Philippines a tourism edge

The Philippines' recognition as the world's top retirement destination for 2026 is more than a feel-good accolade. It could become a powerful boost for the country's long-stay tourism ambitions and a source of sustained economic activity that extends far beyond traditional vacation spending.

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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.

Metrobank chief economist tops Asian research awards, bank cites expertise

Metrobank Chief Economist Nicholas Mapa has been named the top analyst at The Asset Benchmark Research Awards, clinching the Best Individual Sellside Research title.

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