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Foreign borrowings rise to $14.5 billion in 2023
Foreign borrowings approved by the Bangko Sentral ng Pilipinas jumped by more than 40 percent in 2023 after declining for two straight years, as the national government borrowed more from offshore creditors primarily to bankroll key infrastructure projects......»»
Strong Group escapes Libyan squad
Strong Group Athletics (SGA) swept the group stage of the 33rd Dubai International Basketball Championship after squeaking past Libya’s Al Ahly Tripoli, 91-89, early Thursday morning (Manila time)......»»
Cherry Andrin making a splash in long-distance running in Cebu
CEBU CITY, Philippines—Cherry Andrin proved that she is of Cebu’s top long-distance runners these days. This after she topped the 21-kilometer race of the 2024 National Milo Marathon-Cebu Leg last April 7, 2024 in Mandaue City. It was a fitting win for Andrin, who a few years back, was on the verge of giving up.....»»
‘We all share the air we breathe’
After seven long years, Marcus Wallenberg has returned to Manila to renew ties with the Philippine government and to reassure the current administration of the Wallenberg sphere’s long-term commitment to the country......»»
Kyt Jimenez says goodbye to long hair after Beermen s title conquest
San Miguel rookie Kyt Jimenez’s trademark long hair is officially gone......»»
Bye, long hair: Kyt Jimenez honors dare after San Miguel title romp
San Miguel rookie Kyt Jimenez lets his teammates cut his long hair, submitting to a dare to mark his first PBA championship.....»»
Cebu Pacific shoots for record 24 million travelers in 2024
Low-cost carrier Cebu Pacific is poised to fly a record 24 million passengers this year, breaching its pre-pandemic high of 22 million, as the airline recovers its overseas market slowly but surely......»»
Fuel surcharge stays at year high in June
The government is retaining the fuel surcharge passed on to travelers at a year-high level even as demand for flights is about to go up with the school year ending......»»
Agoda Reveals: Khao Lak, Seoul, and Perhentian Island are the Top Destinations for Slow Travel
With slow travel being one of the most talked about travel trends, digital travel platform Agoda shares the top Asian destinations for slow travel for longer stays. Thailand’s Khao Lak takes the crown as the tourist destination where travelers spend the most time. Searches for slow travel have grown threefold in the past five years, […].....»»
Cebu is 3rd favorite spot for local tourists
CEBU CITY, Philippines – Cebu remains a favorite spot among tourists, especially local ones. The Philippine Statistics Authority (PSA) on May 14, 2024 released the results of their 2022 Household Survey on Domestic Visitors. In it, PSA revealed that Cebu remained one of the top 10 destinations for domestic travelers seeking leisure and vacation in.....»»
Duty Free Philippines set to hold ‘biggest’ sale event for 37th anniversary
Duty Free Philippines Corporation, the country’s premier destination for duty- and tax-free shopping catering to international travelers and overseas Filipino Workers will celebrate its 37th anniversary this week with a sale event......»»
Oona’s Smart Flight Delay Insurance now accessible through GCash app
GCash and Oona Insurance Philippines have entered into partnership that will benefit all Filipino travelers......»»
Government readies for surge in cruise tourism
The Philippines expects to welcome at least 300,000 travelers from cruise ships this year – more than triple from 2023 – as the government prepares for their entry by building dedicated terminals in tourist sites......»»
Going abroad soon? Travel perks, vouchers await travelers
Telecommunications company Globe is offering travel perks for subscribers who purchase any of promos under its data roaming packs......»»
‘Philippines should also be known for Pinoy love’
Aside from tourist destinations and attractions, President Marcos said the Philippines should be known for the “love” shared by Filipinos with travelers......»»
2.5 million sea travelers logged during Holy Week
Close to 2.5 million people traveled by sea during the Holy Week, according to the Philippine Coast Guard......»»
PAL prospers post-pandemic, triples profit
Lucio Tan-owned Philippine Airlines tripled its profit to nearly P17 billion in 2023, lifted by its sustained dominance in the market for international travelers even with the entry of new players......»»
CAB: Expect no changes in airfares next month
Travelers planning to book a summer trip can expect airfares to remain the same in April, as the government made no changes in the fuel surcharge that airlines can pass on......»»
DOT advises public to ‘travel wisely’ this Holy Week
MANILA, Philippines — The Department of Tourism (DOT) is advising the public to “travel wisely” to ensure safety during the Holy Week celebrations. “Travelers needing accommodation, tours, transportation, and other tourism-related services are strongly advised to patronize DOT-accredited tourism enterprises. Accreditation by the DOT recognizes establishments as having complied with the department’s minimum standards set.....»»
AppleOne intensifies efforts to boost local tourism
AppleOne Group Inc., a Cebu-based property developer, is gearing up to welcome an increased influx of both local and international travelers this year to further showcase its ongoing commitment in helping foster people-to-people connections, enriching cultural relations, and contributing to the boosting of tourism at the local and national levels......»»