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Diving tourism contributes 1.3 bln USD to Philippine economy in 2023
MANILA, Feb. 23 (Xinhua) -- Diving tourism contributed more than 73 billion pesos (1.3 billion U.S. dollars) to the Philippine economy in 2023, nearly twice the revenue the industry earned in 2022, the country's Department of Tourism said Friday. Diving tourism raked 37 billion pesos (661 million dollars) in revenue in 2022, Tourism Secretary Christina Garcia Frasco said at the Philippine International Dive Expo.....»»
Vietnam s GDP to reach nearly 470 bln USD in 2024: IMF
HANOI, March 14 (Xinhua) -- Vietnam's gross domestic product (GDP) is forecast to reach about 469.7 billion U.S. dollars by the end of 2024, ranking the fifth in Southeast Asia, Vietnam News reported Thursday, citing the International Monetary Fund (IMF). Indonesia, Thailand, Singapore and the Philippines have taken the leading positions in the forecast. According to IMF, Vietnam's GDP was estimated to ha.....»»
Social Media Firms Shares Soar in Stock Market Debut
India’s GDP Growth Rate Drops to 4.7% in Latest Quarter According to provisional data released by the Central Statistical Office, India’s GDP growth rate has.....»»
Small businesses may make up 60% of Philippines GDP – Visa
Small businesses in the Philippines may produce as much as 60 percent of the country’s gross domestic product (GDP) if financial institutions and the government could help the sector grow in the coming years, according to global digital payments platform Visa......»»
‘Investment spending rebounds in 2023 4Q, driving GDP growth’
‘Investment spending rebounds in 2023 4Q, driving GDP growth’.....»»
Philippines slightly upgrades GDP growth to 6 pct in Q3
MANILA, Jan. 30 (Xinhua) -- The Philippine Statistics Authority (PSA) on Tuesday slightly upgraded year-on-year growth of gross domestic product (GDP) for the third quarter of 2023 to 6 percent from preliminary estimate of 5.9 percent. "The major contributors to the upward revision were manufacturing, from 1.7 percent to 1.8 percent; financial and insurance activities, from 9.5 percent to 9.6 percent; and accomm.....»»
PSA to announce Q4 GDP figure today at 10 a.m.
The Philippine Statistics Authority (PSA) will announce its data on the Q4 GDP number at 10 a.m. this morning......»»
Philippines posts 5.6% GDP growth in 2023, misses gov t target
The country’s gross domestic product (GDP) grew 5.6% in the fourth quarter from a year earlier, falling short of the government target, the Philippine Statistics Authority (PSA) reported on Wednesday......»»
World Bank downgrades Philippine GDP projections for 2024 and 2025
The World Bank downgraded its GDP projections for the Philippines in 2024 and 2025 due to “various headwinds facing private investment”, like the effects of higher interest rates and “rising indebtedness.”.....»»
Philippines to host 1st UN gastronomy tourism event in June
The Philippines will host the first United Nations forum on gastronomy tourism for the Asia-Pacific region in June, a two-day event that seeks to raise awareness on the potential for culinary delights to boost a country's tourism industry......»»
Kyline Alcantara renewed as Korea Tourism Organization-Manila ambassador
Actress-singer Kyline Alcantara will continue her role as an Honorary Ambassador for Korean Tourism in the Philippines for another two years, the Manila Office of the Korea Tourism Organization confirmed......»»
Mindanao Tourism Expo 2024 set on Apr 26-28 in CDO
THE Mindanao Tourism Expo (MTEx) 2024 is all set for the second biggest travel expo in Mindanao, highlighting the entire eco-tourism spots, products, and activities in the island on April 26 to 28 at Atrium of Limketkai Center, Cagayan de Oro City......»»
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.....»»
DOT seeks inclusion in protected areas board amid Chocolate Hills issue
Department of Tourism Sec. Christina Frasco —INQUIRER.net file photo / Ryan Leagogo After the recent controversy surrounding a resort development near Chocolate Hills in Sagbayan town, Bohol, the Department of Tourism (DOT) announced plans to advocate for its inclusion in the national government’s Protected Area Management Board (PAMB). Tourism Secretary Christina Frasco stated during a.....»»
Lapu-Lapu drug test: Tourism office JO positive for illegal drugs
LAPU-LAPU CITY, Cebu- One tested positive for using illegal drugs during a surprise drug test conducted by the City of Lapu-Lapu Office for Substance Abuse Prevention (CLOSAP) on Friday, March 15, for the occupants of the Tourism, Historical, and Cultural Affairs Commission (TCHAC) building. The government structure is occupied by tourism office personnel and employees.....»»
Tourism Secretary Frasco backs return of church panels to Cebu
Tourism Secretary Christina Frasco says that pilgrimage tourism 'hinges on destinations like Boljoon Church in attracting tourists and supporting local economies'.....»»
DavSur town bears impact of climate change on tourism, welfare of residents
The tourism industry in the town of Sta. Cruz is significantly impacted by climate change, according to its tourism officer, Julius Paner......»»
Historic surf meet carves new tourism niche for Baler
The inaugural World Surf League (WSL) competition launched here will create a new niche for the municipality and the province in terms of tourism, a Department of Tourism (DOT) official said......»»
Locals account for 80% of tourism receipts – expert
Local travelers help boost tourism in the Philippines, according to an expert studying tourism......»»
Locals account for 80 percent of tourism receipts – expert
Local travelers help boost tourism in the Philippines, according to an expert studying tourism......»»