Tag: Tourism

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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.

Marcos eyes ports to unlock Kalayaan

Economy Context.ph Context.ph -
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 Marcos pushes travel tax cut to boost tourism

Travel & Tourism Context.ph Context.ph -
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.

Airfare Caps Target Symptoms, Not Aviation Ills

Travel & Tourism Context.ph Context.ph -
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.

Philippines tops ASEAN tourism GDP, jobs race

Economy Context.ph Context.ph -
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.
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OceanaGold sets aside P768.43M for Didipio mine rehabilitation and decommissioning

Energy & Mining 0
OceanaGold Philippines Inc. (OGPI) has allocated P768.43 million under its Final Mine Rehabilitation and Decommissioning Plan (FMRDP) for the Didipio gold and copper mine that spans Nueva Vizcaya and Quirino provinces. In a statement released Sunday, the listed mining firm confirmed that P551.4 million has already been placed in a trust fund. The company said the fund will keep growing in line with required annual contributions as it moves forward with rehabilitation and closure preparations while the mine remains active.

ERC approves provisional FIT-All rate hike to P0.3359 Per kWh

Energy & Mining 0
The Energy Regulatory Commission (ERC) has granted the National Transmission Corporation (TransCo) provisional authority to collect a higher Feed-in Tariff Allowance (FIT-All) rate starting this month. The rate will rise to P0.3359 per kilowatt-hour (kWh) from the existing P0.2011 per kWh, marking an increase of P0.1348 per kWh. This adjustment covers the approved working capital allowance (WCA) rate update.

Meralco backs ERC-ordered P9.5B consumer refund program

Energy & Mining 0
Listed Manila Electric Co., the country’s largest power distributor and better known as Meralco, on Sunday said it will immediately comply with the Energy Regulatory Commission's (ERC) directive to refund about P9.5 billion to customers, backing the government's push to deliver quicker and more transparent electricity bill relief.

PCCI says power bill relief must lead to deeper energy reforms

Energy & Mining 0
The Philippine Chamber of Commerce and Industry (PCCI) said the government's plan to scrap systems loss charges and the value-added tax (VAT) on electricity bills should serve as a springboard for broader reforms aimed at lowering power costs and improving the country's investment competitiveness.

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