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Economic Watch: China s travel boom buoys global expectations
BEIJING, Feb. 5 (Xinhua) -- As the eight-day Spring Festival holiday draws closer, global tourist destinations are keen to attract Chinese holidaymakers, with high hopes for a tourism boom. In a video message last week, Thai Prime Minister Srettha Thavisin extended a warm welcome to Chinese tourists, as they had been the largest source of inbound tourism for the country. The prime minister expressed hopes that C.....»»
US-Phl relationship ‘at its best right now’
Philippine Ambassador to the United States Jose Romualdez is urging the Philippine business community to rally behind President Marcos’ push for economic reforms that will enable the country to attract more foreign investments and compete with our strong neighbors in the region -- Vietnam, Indonesia, Malaysia and Thailand, who are all likewise trying to attract such investments......»»
PEZA, SMBC, RCBC partner to attract Japanese investments
The Philippine Economic Zone Authority has partnered with Sumitomo Mitsui Banking Corp. and Rizal Commercial Banking Corp. in a bid to attract more investments from Japan......»»
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.....»»
To fend off tourists, a town in Japan is building a big screen blocking the view of Mount Fuji
To fend off tourists, a town in Japan is building a big screen blocking the view of Mount Fuji.....»»
Japan town to block Mount Fuji view from troublesome tourists
A huge black barrier to block Mount Fuji from view will be installed in a popular photo spot by Japanese authorities exasperated by crowds of badly behaved foreign tourists......»»
Over 2 mln foreign tourists arrive in Philippines since January
MANILA, April 25 (Xinhua) -- Over 2 million international tourists have visited the Philippines since January this year, the Presidential Communications Office (PCO) said Thursday. Citing data from the Department of Tourism (DOT), the PCO said that 2,010,522 international visitors entered the Southeast Asian country from Jan. 1 to April 24. The data showed that tourism receipts reached 157.62 billion peso.....»»
Cruise ship with European tourists docks at Subic
The arrival here last week of a cruise ship with European tourists on board was expected to revive the local cruise ship program that was interrupted by the COVID pandemic three years ago......»»
Moalboal tourists warned vs. violations
Moalboal tourists warned vs. violations.....»»
DOT: Philippines welcomes over 1.2 million tourists
Over 1.2 million tourists visited the Philippines from January to March 5 this year, according to the Department of Tourism......»»
‘Unjust’ remarks vs Chinese students hit
“Unjust” and negative statements made by politicians regarding the presence of Chinese students in Cagayan contradict the Philippines’ efforts to attract Chinese tourists and investors, according to the Federation of Filipino-Chinese Chambers of Commerce and Industry Inc......»»
WATCH: Sneak peek into Sinulog and Fiesta Señor 2024 in Cebu
The 459th Fiesta Señor and Sinulog sa Sugbo Philippines are just around the corner and are expected to attract thousands of tourists, devotees, and families from all over the world to the island of Cebu.....»»
Employers must expand compensation, benefits to attract top talents — report
With the year 2023 serving as a "great recovery period" for companies, an employment platform said that this year, they should improve their compensation and benefits to attract better talents......»»
Day 1 of voter’s registration attract over 7K in Central Visayas, nearly 89K across PH
Day 1 of voter’s registration attract over 7K in Central Visayas, nearly 89K across PH.....»»
Why attract foreign investors?
Do we really need to revise our Constitution to attract foreign investors? It will help. We have provisions in our current Constitution that deliver the message that foreign investors are not welcome......»»
El Niño damage to agriculture sector hits P357.4 million
The damage the El Niño phenomenon brought to the agriculture sector in four regions alone – Ilocos, Mimaropa, Western Visayas and Zamboanga peninsula – has already ballooned to P357.4 million, according to the Department of Agriculture......»»
CHR probes slay of Mindoro Oriental village exec
The Commission on Human Rights-Mimaropa office is investigating the killing of a barangay official in Calapan, Oriental Mindoro earlier this month......»»
2.4M Dabawenyos working as of Oct 2023
The October 2023 Preliminary Employment report by the Philippine Statistics Authority-Davao Region (PSA-Davao) reveals that 64 percent of the 3.780 million Dabawenyos aged 15 and above are part of the labor force, indicating that 2.42 million individuals are employed. This represents a 1.8 percentage point increase from the previous year. The report also highlights a 97.1 percent employment rate in the Davao Region as of October 2023, with a 2.9 percent unemployment rate, lower than the national average. Despite this, the region still maintains the highest employment rate in the Philippines. Additionally, the report compares employment rates across different regions, with Soccsksargen, Barmm, Central Luzon, CAR, Caraga, Western Visayas, Cagayan Valley, Mimaropa, and Central Visayas surpassing the national average. The Bangsamoro Autonomous Region in Muslim Mindanao (Barmm) records the highest labor force participation rate among 17 regions, while the Zamboanga Peninsula has the lowest rate. The data is collected through the Labor Force Survey (LFS) conducted quarterly and monthly by the PSA central office and its regional statistical services offices. The Davao Region, with nearly 6 million inhabitants, remains the 7th most populous region in the country......»»
Global manufacturers support expansion of Philippines industrial sector
The move of the government to attract more manufacturing investments and diversify sources of foreign pledges is seen to increase demand for industrial spaces in the country, bringing in high value manufacturing investments such as semiconductors......»»
Subic sees more investment incentives under CREATE Act
Investor companies located in this free port zone are expected to benefit from more tax perks as the government seeks to rationalize taxes and attract more investments under Republic Act No. 11534, or the Corporate Recovery and Tax Incentives for Enterprises Act......»»