Tag: Tourism

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PEZA starts 2026 strong, new project pipeline

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.

Manila’s visa-free gamble: Will Chinese visitors return?

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.

DOT, DOF untangle tourism tax rules

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.

Christmas travel boom powers local tourism

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 rallies tourism with travel perks

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.

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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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