Tag: Tourism

President Ferdinand R. Marcos Jr. has ordered a feasibility inspection for the potential construction of a seaport and airport in the Kalayaan Island Group, a move Malacañang says could jumpstart tourism and create new livelihood streams in one of the country’s most remote municipalities.

President Ferdinand R. Marcos Jr. has elevated the proposed abolition of the travel tax to the top of the government’s legislative priorities, signaling a strong push to lower travel costs, stimulate tourism, and support broader economic activity.

As the government weighs tighter controls on rising domestic airfares, economists and industry stakeholders warn in an interview with Context.ph that headline-grabbing fixes such as price caps and fare transparency risk treating symptoms rather than the deeper structural issues keeping tickets expensive.

The Philippines has emerged as ASEAN’s top tourism economy, leading the region in tourism’s contribution to gross domestic product and ranking among the strongest job creators, according to the 2025 World Travel and Tourism Council (WTTC) Economic Impact Report.

The Philippine Economic Zone Authority (PEZA) opened 2026 with solid investment momentum, approving 18 new projects worth P12.86 billion during its first Board meeting of the year.