The Philippines has opened its doors wider to Chinese tourists with a new policy granting 14-day visa-free entry—but the real question is whether travelers from the world’s largest and most dynamic tourism market will actually walk through.
The Department of Tourism (DOT) and the Department of Finance (DOF) are moving to calm nerves across the travel industry, forming a technical working group (TWG) to address tax concerns triggered by a sweeping new revenue regulation.
Domestic tourism across the Philippines delivered a strong year-end boost as millions of Filipinos hit the road during the Christmas long break, reinforcing local travel as a critical growth engine for the tourism industry.
Cebu Pacific, the Hotel, Resort, and Restaurant Association of Cebu Inc. (HRRACI), and the Department of Tourism (DOT) have sealed a new partnership designed to supercharge Cebu’s visitor arrivals through flight incentives and bundled stay packages.
Tourism resource consumption increased sharply in 2024 as the industry continued its post-pandemic rebound, driving significant rises in water use, energy demand, and carbon emissions, according to the latest data from the Philippine Statistics Authority (PSA).
Japanese Ambassador Endo Kazuya and his wife, Akiko, attended the fashion show “Thread of Dreams,” co-hosted by BENCH/ and the Japan Foundation, Manila.
The Bank of the Philippine Islands (BPI) is accelerating its push into electric vehicle (EV) financing, with its loan portfolio climbing 18% to about P12 billion as of end–first quarter, buoyed by stronger demand and improving affordability.
Developing the next generation of finance professionals now demands more than strong technical skills. It requires real-world exposure, ethical grounding, and the ability to navigate complex, high-pressure environments.
The Bangko Sentral ng Pilipinas reported Monday that Fitch Ratings has affirmed the country’s “BBB” investment-grade rating but sharply revised its outlook from stable to negative, signaling rising economic risks.