Philippines has taken the lead among major Southeast Asian economies in adopting renewable energy policies

PH leads race for clean energy among emerging SE Asia countries — study

Ted Cordero
GMA News
30 September 2026

Over six months after President Ferdinand Marcos Jr. declared a national energy emergency, a new study revealed that the Philippines has taken the lead among major Southeast Asian economies in adopting renewable energy policies during the peak of the Strait of Hormuz crisis.

In a news release, international climate and energy research organization Zero Carbon Analytics said it conducted a study on six fastest-growing Southeast Asian markets — the Philippines, Indonesia, Malaysia, Thailand, and Singapore, alongside Vietnam — “all of which have committed to accelerating their shift to green technology amid historic oil market volatility.”

In its report, Zero Carbon Analytics said crude oil experienced greater volatility during the first six months of the conflict than 95% of all six-month periods since 2007, marking one of the most turbulent episodes for oil markets in nearly two decades.

In response, the research group said the Philippines adopted 13 clean energy policies between February and August 2026, representing the highest number among the tracked countries, which collectively announced 37 clean energy policies.

Across these nations, short-term clean energy policies outpaced the 29 fossil fuel policies passed during the same period, while long-term initiatives on renewables and electrification outpaced fossil-based efforts by a ratio of four to one, with 24 policies compared to six, according to Zero Carbon Analytics.

The research group cited key developments in the Philippines such as the proposing of the Sariling Kuryente Act, fast-tracking at least 250 megawatts of solar capacity to the grid, mandating energy storage systems for new renewable energy developers, and expanding electric vehicle adoption under the national energy emergency directives.

Despite its clean energy leadership, the group said the Philippines also adopted nine fossil fuel-focused policies, accounting for 40% of the energy policies tracked in the country.

These included accelerating up to 5 gigawatts of coal capacity and establishing the country's first government-managed Strategic Petroleum Reserve facility.

In a Facebook post, Energy Secretary Sharon Garin welcomed Zero Carbon Analytics’ findings.

“Who has introduced the most fossil fuel and renewable energy policies in the region? The Philippines has introduced the most energy policies since the start of the conflict, with 22 in total, leading in both fossil fuel and renewable energy policies,” Garin said.

“This is likely due to its declaration of a national energy emergency on 24 March 2026. The declaration included a list of emergency relief measures, such as directly procuring oil and increasing government control over fuel prices, as well as longer-term steps to accelerate renewables, EVs and energy efficiency across all sectors,” she said. — BAP, GMA News

Australia bets on PHL grants PhP2-Billion to expand jobs and investment

PH secures PhP2-Billion Australia grant to expand jobs and investment

Philippine Information Agency
September 25, 2026

The Governments of the Philippines and Australia are stepping up efforts to create more economic opportunities for Filipinos through the AUD45-million (around PhP2 billion) Promoting Growth, Resilience, Economic Stability, and Sustainability in the Philippines (PROGRESS) Subsidiary Arrangement Program. 

The program will support reforms that make it easier to do business, attract investments, and strengthen the government’s capacity to deliver sustainable and inclusive growth.

“This grant reflects Australia’s continued commitment to our development priorities,” Finance Secretary Frederick D. Go said during the launch of the PROGRESS subsidiary arrangement program.

PROGRESS will support initiatives to reduce unnecessary barriers, improve regulatory predictability, lower the cost of doing business, and implement reforms in strategic areas such as clean energy and critical minerals.

It will also support the Luzon Economic Corridor (LEC) through project preparation, streamlined approvals, public-private partnerships, and blended finance.

These interventions will help move priority projects from the pipeline to implementation, strengthen the Philippines’ competitiveness and energy security, and deepen regional supply chains—creating more opportunities for investments, businesses, and jobs.

PROGRESS will also build on the Philippines’ ongoing reform agenda, including the CREATE MORE Act, Green Lanes for Strategic Investments, PPP Code, land and right-of-way reforms, and the continuing digitalization of government processes.

The launch puts into action the shared commitment established through the signing of the PROGRESS Subsidiary Arrangement in March. It brings together partner agencies and stakeholders to translate the program’s objectives into concrete interventions, shared ownership, and measurable results.

The Philippines and Australia have maintained more than 80 years of bilateral relations and five decades of development cooperation. PROGRESS further strengthens this partnership in support of the Philippines’ development priorities.

“The Department of Finance is committed to working closely with Australia and all our partners. We want to have tangible results immediately. Together, let us deliver PROGRESS as fast as possible for Filipinos,” Sec. Frederick Go said.

World's Second Best Rice is found in the Philippines

Philippines’ Dinorado Achieves Global Recognition

Sugbo.ph
December 1, 2025

Dinorado rice has placed the Philippines firmly on the global culinary map after being named second best rice in the world at the World’s Best Rice Awards 2025 held in Phnom Penh, Cambodia. The Department of Agriculture announced the win, celebrating the variety’s signature tenderness, aroma, and flavor.

A Strong Finish Against Global Favorites

This year’s competition was tight, with Dinorado finishing just behind two gold winners, Vietnam’s ST25, a three-time champion, and Cambodia’s Phka Rumdoul, known for its floral fragrance. The recognition puts Dinorado in league with the world’s elite rice varieties.

A Product of Filipino Innovation

Developed in 2009 by the Philippine Rice Research Institute (PhilRice), Dinorado, also known as Rc218, was designed to elevate everyday meals with its softness and fragrant quality. Its combination of high eating quality and strong yield potential has made it a favorite among both consumers and farmers.

More Than Quality: A Statement of Identity

For industry leaders, the victory carries deeper meaning. Rowena Sadicon, founder of the Philippine Rice Industry Stakeholders Movement, said the award is “not just about quality, it’s about identity,” emphasizing that the Philippines is capable of producing rice that stands proudly on the world stage.

A Triumph for Farmers and Scientists

Agriculture Secretary Francisco Tiu Laurel Jr. hailed the achievement as proof of what collaboration between Filipino farmers and scientists can accomplish. The award underscores the country’s ability to produce sustainable, world-class rice despite being one of the world’s largest importers.

A Win That Elevates the Nation

Dinorado’s success is more than a medal, it’s a celebration of Filipino craftsmanship, perseverance, and agricultural excellence. Each grain is a reminder that the Philippines can grow not just rice, but global recognition and pride.

Philippine GDP grows 5.5% in 2nd Quarter of 2025

 PH economy expanded by 5.5% in Q2 2025 — PSA

Ted Cordero
GMA Integrated News
07 August 2025

The Philippine economy grew marginally quarter-on-quarter in the second quarter of 2025 amid the growth seen in services, agriculture, and industry sectors, and posted a deceleration from the same period last year, according to the Philippine Statistics Authority (PSA).

The country’s gross domestic product (GDP) — the value of goods and services produced in a period — grew slightly faster by 5.5% in the April to June 2025 compared to the 5.4% growth seen in the January to March 2025 period, PSA chief and National Statistician Claire Dennis Mapa reported at a press conference in Quezon City on Thursday.

The second quarter GDP growth was the fastest in four quarters, however, it was still slower than the 6.5% growth rate in the same period in 2024.

All major economic sectors posted annual growth during the quarter — agriculture, forestry, and fishing with 7.0%, industry with 2.1%, and services with 6.9%.

The PSA attributed the year-on-year growth to wholesale and retail trade, repair of motor vehicles and motorcycles with 5.1%; public administration and defense, and compulsory social security with 12.8%; and financial and insurance activities with 5.6%.

Fixed capital investments climbed 2.6%, led by private construction which grew 11.2%, and investments in durable equipment up 10.6%.

Government spending posted an 8.7% growth rate during the quarter, slower than the 18.7% seen in the first quarter, which Department of Economy, Planning, and Development (DepDev) Secretary Arsenio Balisacan attributed to the election spending ban.

“We expect to maintain that momentum in the spending side. I think that the next half, the second half of the year, you should see improvements in the construction, public construction spending,” he said in a briefing.

While the election spending ban hit government spending, officials said the campaigns boosted household spending which grew by 9.5%, faster than the 5.29% in the previous quarter, and the 5.4% in the second quarter of 2024.

Exports increased by 4.4%, outpacing import growth of 2.9%. Merchandise exports rose by 13.6%, driven by semiconductors which posted a 10.8% increase.

Services exports, however, declined by 4.2%, which Balisacan attributed to the global uncertainties.

“Possibly following the overall state of the global economy in the recent months, we saw deceleration. That uncertainty that people have been talking about, uncertainty in the trade sector, including trade and services,” he said.

The country’s economic team has set a 5.5% to 6.5% target for the full-year 2025, which Balisacan said is just around the corner for the lower band, and still feasible for the upper band.

“What we need to achieve for the rest of the year is 5.6% to achieve the lower limit of the range of 5.5%. That’s already just around the corner, so to speak, but I think we’ll do better in the second half. I’m confident that inflation has gone down quite substantially and the past reductions in the policy rates are beginning to be felt,” Balisacan said.

Inflation eased to 0.9% in July, the slowest in nearly six years, mainly due to the slower increases in prices of housing, water, electricity, gas, and other fuels.

Analysts believe this will give the Monetary Board of the Bangko Sentral ng Pilipinas (BSP) room for more policy rate cuts. BSP Governor Eli Remolona Jr. has hinted at two more cuts this year, following the 25-basis-point rate cut in June.

For the upper end of 6.5%, the Philippine economy will have to grow by 7.5% in the second half, which Balisacan said would still be feasible.

“7.5% is high, but it’s not impossible. I think that if we see continuing, for example, improvement in the confidence of our consumers and our domestic investors and the economy, we should see a greater growth, higher growth in both consumption and investment, and the services,” he said. — RSJ, GMA Integrated News

PH to teach English to Mongolian officials

Philippines to teach English to Mongolian officials

Story by Cristina Chi 

Philstar  Global

19 May 2025

MANILA, Philippines — The Philippines will provide English language training to Mongolian civil servants and rural officials through a program agreed upon during Mongolian Foreign Minister Batmunkh Battsetseg's visit to Manila on Monday — the first by a Mongolian foreign minister since 1984.

During their meeting, Foreign Affairs Secretary Enrique Manalo and Battsetseg exchanged diplomatic notes for the pilot program, which will bring Mongolians to study English in the Philippines through the Technical Cooperation Council of the Philippines.

At a press conference with Battsetseg, Manalo said he "responded positively to Mongolia’s interest in learning from the Philippines’ experience in the area of regional development and in pursuing English language training for Mongolian civil servants and rural officials in the Philippines."

The English training program supports Mongolia’s plan to make English its official second language, the countries' top diplomats said in a joint statement.

The statement said both officials reaffirmed their commitment to concrete joint efforts, especially English training for civil servants and youth leaders in rural areas.

Historic visit

Battsetseg's two-day visit — which will conclude tomorrow — marks a revival of Philippines-Mongolia relations after four decades of minimal high-level diplomatic engagement. 

Both countries — describing themselves as among the world's fastest-growing economies — seek to deepen cooperation across trade, agriculture, and people-to-people exchanges, while Mongolia looks to strengthen ties beyond its traditional neighbors China and Russia. 

Manalo said he welcomed Mongolia’s “Third Neighbor Policy” and its push to strengthen ties with the Philippines, noting it aligns with the country’s pursuit for an independent foreign policy.

Of their talks, Manalo said: "I am pleased to have had a productive bilateral meeting with the Foreign Minister, which has led to the issuance of our first bilateral joint statement since 2000." 

Areas of cooperation. Manalo and Battsetseg's meeting has so far set the agenda for future agreements on protecting Filipino workers and expanding economic ties between the two nations.

Manalo said he thanked Mongolia for helping protect around 500 Filipinos currently living in the country and discussed forging "cooperative frameworks that will better protect Filipinos in Mongolia."

Both sides agreed to explore a bilateral labor agreement to safeguard Filipino workers in Mongolia, where many are employed in the mining sector and service industries.

"The Secretary and the Minister welcomed the growing people-to-people ties between the Philippines and Mongolia. They reaffirmed their commitment to promoting the welfare of Filipino workers in Mongolia, including through the exploration of a bilateral labor agreement," the joint statement read.

On economic cooperation, both countries welcomed progress on an agricultural cooperation memorandum of understanding, noting that Presidents Ferdinand Marcos Jr. and Ukhnaa Khurelsukh have each identified food security as national priorities.

Security council bid. The Mongolian foreign minister also said she "further noted" the Philippines' bid for a non-permanent seat on the United Nations Security Council for 2027-2028. 

Manalo had previously tried to seek Mongolia's support for its campaign for a seat at the powerful Security Council when he visited Ulaanbaatar last year.  

In their joint statement, both officials "emphasized adherence to the United Nations Charter and reaffirmed their commitment to the 1982 Manila Declaration on the Peaceful Settlement of Disputes."

The declaration, which was adopted in Manila, calls for the peaceful resolution of international conflicts through negotiation, mediation, and other diplomatic means. 

PH GDP grows 5.1% in first quarter

PH economy grew faster by 5.4% in Q1 2025 — PSA

Story by TED CORDERO
GMA Integrated News 
08 May 2025

The Philippine economy expanded faster in the first three months of 2025 —described as a “measured start”— amid the growth seen in services, industry, and agriculture sectors, according to the Philippine Statistics Authority (PSA).

The country’s gross domestic product (GDP) —the value of goods and services produced in a period— grew faster by 5.4% in the first quarter of 2025, higher than the upwardly revised growth rate of 5.3% in the last quarter of 2024, PSA chief and National Statistician Claire Dennis Mapa reported at a press conference in Quezon City on Thursday.

This was also the fastest GDP growth rate seen since the third quarter of 2024, albeit slower than the 5.9% growth recorded in the first quarter of 2024.

At constant prices, the economy reached a value of P5.477 trillion during the period, up 5.4% from P5.196-trillion GDP seen in the same quarter last year.

Department of Economy, Planning and Development Undersecretary Rosemarie Edillon said the country’s GDP needs to increase by 6.2% in the remaining quarters of 2025 to hit at least the lower-end of the. government’s growth target of 6% to 7% for the year.

“Our concise description of the first quarter economic performance is a ‘measured start,’” Edillon said.

The Philippines, so far, ranked second among its Asian peers that have already released their first quarter figures.

The country fell behind Vietnam, which grew by 6.9% and tied up with China with the same growth rate of 5.4%.

Nonetheless, the Philippines outpaced Indonesia, Malaysia, and Thailand, which grew by 4.9%, 4.4%, and 2.8%, respectively, according to the DEPDev official.

“This performance underscores the relative resilience of our economy in the face of global volatility,” she said.

“The Philippine economy continues to show signs of a steady growth,” the DEPDev official said.

Major sectors

The economic performance was on the back of the year-on-year growths posted by all of the country’s major economic sectors.

In particular, the Agriculture, Forestry, and Fishing expanded by 2.2%; while Industry and Services sectors grew by 4.5% and 6.3%, respectively. 

“Sa naitalang pagtaas ng GDP na 5.4% sa unang quarter ng taong 2025, ang Services ay nagtala ng pinakamataas na kontribusyon na mayroong 3.9 percentage points. Ito ay sinundan ng Industry na nagtala ng kontribusyon na 1.3 percentage points; at Agriculture, Forestry, and Fishing na nakapag-ambag ng 0.2 percentage point,” Mapa said.

(With the 5.4% GDP growth rate seen in the first quarter of 2025, the Services sector accounted for the biggest contribution of 3.9 percentage points. This was followed by Industry with a share of 1.3 percentage points; and Agriculture, Forestry, and Fishing which contributed 0.2 percentage point.)

The main activities that contributed to the January to March 2025 GDP growth were Wholesale and Retail Trade; Repair of Motorcycles Vehicles and Motorcycles; Financial and Insurance Activities; and Manufacturing with annual growth rates of 6.4%, 7.2%, and 4.1%, respectively.

On the demand side, Household Financial Consumption Expenditure posted a growth of 5.3%.

“Easing food inflation supported household final consumption, which grew by 5.3%, year on year, faster than the 4.7% growth recorded in the fourth quarter 2024,” Edillon said.

Government Final Consumption Expenditure also grew by 18.7%, while Gross Capital Formation posted rose by 4%.

The DEPDev official said the growth in state spending has reflected “the front-loading of public programs in anticipation also of the election ban.”

Moreover, exports of goods and services recorded a surge of 6.2%, while imports of goods and services posted a 9.9% growth rate.

Strategic imperatives

Edillon highlighted the government’s “strategic imperatives” for sustained growth.

“We should note that amid the ongoing trade war, multilateral institutions such as the International Monetary Fund and the World Bank consistently project the country to remain one of the fastest-growing economies in the region this year. However, this is no reason for complacency,” she said.

“On the contrary, the first quarter's performance reinforces the urgency of strategic policymaking, accelerated structural reforms toward economic diversification, and efficient and effective delivery of programs and projects as we near the mid-term of the Marcos Administration,” she added.

The DEPDev official said that managing inflation remains a top priority to ensure that consumer prices remain affordable. 

“The April 2025 inflation rate of 1.4% indicates that our interventions are working,” Edillon said.

The Economic Department official said the government must accelerate its efforts to expand trade partnerships with key economies such as the European Union, United Arab Emirates, United States, and other potential markets amid the global realignment of trade and investments.

“Such engagements will allow us to diversify our export markets, secure broader market access, ensure our businesses (particularly our micro, small, and medium enterprises) to become part of global value chains, and ensure food availability and affordability,” Edillon said.

“On the supply side, we can and must support and capitalize on higher value-added activities in the services sector, a sector in which we have found comparative advantage, especially as digital technologies, including artificial intelligence, gain greater momentum for adoption and industries undergo workforce transition periods,” she added.

Continued strength

Finance Secretary Ralph Recto said that the first quarter performance highlights the continued strength and resilience of the Philippine economy, even amid rising global uncertainties.

“Our growth is strong, inflation continues to ease, private consumption is rising, and our job market remains vibrant. These are clear signals of accelerating domestic demand ahead, which is our strongest shield against external headwinds and trade wars,” he said.

The Finance chief expressed confidence that the government will hit its 6% growth goal for 2025, citing steady fiscal consolidation, easing inflation, and progress in trade negotiations with key partners, among other initiatives. 

“The national government’s revenue collections for the first quarter 2025 remain on track due to the strong performance of the Bureau of Internal Revenue (BIR) and the Bureau of Customs (BOC), which drove tax collections to PHP 931.5 billion, a double-digit increase of 13.55% compared to the same period last year,” Recto said.

He added that as inflation continues to cool down, private spending is expected to further improve. 

The lower-than-expected inflation rate of 1.4% in April 2025 also provides more room for the BSP to further cut policy interest rates to help boost the spending power of Filipinos, drive in more investments, and grow the economy, according to Recto.

Recto added that private investments are expected to increase with the implementation of the Corporate Recovery and Tax Incentives for Enterprises to Maximize Opportunities for Reinvigorating the Economy (CREATE MORE) Act.

Likewise, Trade Secretary Cristina Roque said the administration’s focus remains on attracting high-quality investments in key sectors, ensuring consumer protection and empowering micro, small, and medium enterprises and local industries. 

Global uncertainties

Both the Finance and Trade chiefs  raised the ongoing global economic uncertainties, especially the reciprocal tariff policy of US President Donald Trump.

“We recognize the current global economic complexities, and we are responding with strategic focus and a commitment to open communication. The DTI will continue to monitor trends, engage stakeholders, and adapt policies to ensure sustained growth that leaves no one behind,” Roque said.

“On the other hand, significant progress has been achieved by the government in its trade negotiations with the United States. The Philippine government also continues to actively pursue new and expanded free trade agreements with economies like the United Arab Emirates, the European Union, Chile, and Canada to diversify export markets,” Recto said.

Trump, last month, announced a sweeping reciprocal tariff policy on its trading partners, including the Philippines which would be facing a 17% tariff on its imports to the US.

Although it is lowest among its Southeast Asian peers, still the Philippine government was prompted to send a delegation to Washington to seek dialogue with US officials while a 90-day pause in implementing the trade policy was ongoing.

On May 2, Roque, along with Economic Affairs adviser Frederick Go and Philippine Ambassador to the United States Jose Manuel Romualdez, met with US Trade Representative Jamieson Greer and tackled “mutually beneficial ways to strengthen the bilateral relations” amid the 17% tariff rate imposed by the US on Manila. 

A series of meetings would follow after Philippine trade and economic officials met with the Office of the United States Trade Representative (USTR) in Washington, D.C. earlier this month for a trade dialogue concerning the planned 17% tariff to be slapped on the country’s goods entering the US.— RSJ/VAL/BM GMA Integrated News

PH is Destination of the Year 2025 by Routes Asia

The Philippines hailed Routes Asia 2025 Destination of the Year

The award recognises the country’s efforts to become a leading global destination

By Marga Manlapig 
Travel Daily Media Editor
April 1, 2025

The Philippines has been hailed Destination of the Year at the Routes Asia 2025 Awards recently held in Perth, Australia.

The Destination of the Year Award was personally received by DOT assistant secretary Judilyn Quiachon, director Warner Andrada, and Philippine tourism attaché for Australia and New Zealand Purificacion Suanding-Molintas.

Tourism secretary Christina Frasco said: “These awards are a testament to the strength of our partnerships with different stakeholders in the aviation and travel industry, our unwavering focus on connectivity, and our collective vision of positioning the Philippines as a premier global destination.”

The country’s recognition as Destination of the Year Winner underscores its Department of Tourism (DOT)’s strong leadership in expanding the Philippines’ air connectivity through strategic marketing, robust industry collaboration, and sustainable tourism initiatives. 

The Routes Asia Awards celebrate excellence in air service development and marketing across the Asia-Pacific region. 

Recognized as the most valuable awards in the route development community, these awards highlight collaboration between airlines, airports, and tourism authorities. 

A campaign that keeps on winning

Launched in 2023, the Department’s flagship campaign Love the Philippines fuelled traveller demand by highlighting the country’s diverse biodiversity, rich cultural heritage, and emerging destinations. 

These efforts are in keeping with the National Tourism Development Plan (NTDP) 2023–2028, which outlines enhanced connectivity as a strategic objective to improve access and inclusivity in Philippine tourism. 

As of 28th February, 46 new domestic and 47 international routes are in operation, improving access to destinations such as Siargao, Batanes, Panglao, and Coron, among others.

PH as prime destination for hospitality

The Philippines: A prime investment destination for hospitality growth

The Mindanao Times
By Contributor 
March 22, 2025

THE PHILIPPINES boasts natural wonders that serve as the foundation of its thriving tourism industry—pristine beaches, a rich and diverse culture, and the warm, genuine hospitality of the Filipino people. As a world-class destination, and with the emergence of a new generation of travelers seeking immersive and meaningful experiences, the country stands at a pivotal moment to capitalize on its tourism potential. Now more than ever, private investments play a crucial role in fueling growth, innovation, and sustainability in the hospitality sector.

Coron Palawan-Discovery Resorts

A booming tourism industry with high investment potential

In 2024, the Department of Tourism reported that the country welcomed approximately 5.95 million international visitors, generating a record-breaking PHP 760 billion in tourism revenue—marking a 119% recovery from 2019. The sector also supported 16.4 million Filipinos, accounting for 34% of total employment in the first quarter of 2025 alone. This trajectory highlights the remarkable resilience and expansion of the Philippine tourism industry.

With these strong fundamentals, Discovery Hospitality Corporation (DHC), a proudly Filipino homegrown brand, is leading the charge in shaping the future of tourism. Through high-value investments, world-class service, and a deep understanding of the local market, DHC is expanding into new and emerging destinations, attracting significant interest from private investors who recognize the profitability and charm of the local tourism industry.

Colliers’ latest projections further reinforce this opportunity, anticipating growth in upscale and luxury hotels in urban areas in 2025, alongside increased development of hotels and MICE (Meetings, Incentives, Conferences, and Exhibitions) facilities in key tourist destinations. These factors make now the perfect time for investors to capitalize on the hospitality sector’s momentum.

Strong market demand and investment growth

Sunrise coffee service

DHC’s impressive performance across its portfolio—including luxury resorts, urban hotels, and lifestyle-oriented properties—demonstrates that the market is evolving and ready for high-quality, innovative, and sustainable investments. The group’s growth strategy focuses on new establishments in developing tourist hotspots, addressing the increasing demand for well-designed lodgings that blend local character with international standards.

“We have observed a rising number of private investors constructing and developing properties for tourism, which underscores strong confidence in the nation’s hospitality sector,” said Lynette Ermac, senior vice president and head of sales and operations at Discovery Hospitality. “These strategic investments not only deliver significant returns but also enhance the Philippines’ global tourism competitiveness, drive economic progress, and foster community development.”

The discovery advantage

Manami Resort The First and Only Luxury Resort in Sipalay Negros Occidental

As a premier Filipino luxury hotel and resort group beloved by both local and international travelers, Discovery Hospitality provides investors with deep industry expertise and operational excellence. The company’s comprehensive hospitality solutions—including digital marketing, revenue optimization, and curated guest experiences—reduce risks and enhance profitability, ensuring strong and sustainable performance across its portfolio.

“Beyond our reputation for exceptional service, Discovery Hospitality has cultivated an organization of industry experts across key disciplines, enabling us to remain competitive and efficient in an evolving landscape,” added Ermac.

Through strategic collaborations with leading global suppliers and technology firms, DHC integrates artificial intelligence, machine learning, and digital innovations to enhance operations and guest experiences. The company’s APAC-renowned digital marketing expertise is performance-driven, ensuring that engagement directly translates into bookings and revenue growth.

Additionally, DHC’s advanced revenue management strategy combines technological insights with human expertise, ensuring that pricing strategies remain competitive and cost-effective, maximizing value for both guests and investors.

“Ultimately, our brand’s strength is a testament to our operational excellence,” continued Ermac. “At Discovery Hospitality, our brand reputation is our brand equity. A Discovery hotel is synonymous with Filipino service excellence and premium value—an advantage we are eager to share with investors and business leaders.”

Seizing the future of hospitality investments

As the Philippine tourism sector continues its upward trajectory, Discovery Hospitality is committed to working alongside investors, developers, and property owners who share the vision of elevating Filipino hospitality on the global stage.

“Now is the best time to invest in Philippine tourism,” concluded Ermac. “The industry is growing, evolving, and attracting an increasing number of travelers seeking authentic and meaningful experiences. At Discovery Hospitality, we have the expertise to help investors maximize this extraordinary opportunity.”

With a proven track record, deep local expertise, and an unwavering commitment to excellence, Discovery Hospitality Corporation is the ideal partner for investors looking to tap into the limitless potential of the Philippine tourism and hospitality industry.

Palawan groomed as ASEAN economic hub

Palawan eyed as key Asean economic hub

Franco Jose C. Baroña

Manila Times

16 February 2025

PUERTO PRINCESA CITY — Palawan, the largest province in the country in terms of land area, is being groomed to become a key economic hub in Southeast Asia, with investors from other countries expressing strong interest in a large-scale development project spearheaded by the Bureau of Corrections (BuCor).

This was revealed by BuCor director Gen. Gregorio Catapang in an interview on the sidelines of the 2nd Asean Regional Correctional Conference being held in this scenic coastal city from Feb. 15 to 17.

The initiative aims to transform underutilized government land into a thriving economic zone focused on food security, trade and tourism.

Catapang said ambassadors from Singapore and Malaysia were briefed on the master plan and showed great enthusiasm to invest in the country.

Catapang said that more investors from Thailand, Singapore and other Asean nations are expected to visit the Philippines starting Feb. 17 to explore business opportunities.

"The Singaporean ambassador told me, 'Let's talk some more because your idea is very good,'" the BuCor director said.

Catapang said that foreign diplomats have been presented with a comprehensive strategy for developing Palawan into a major international trade and logistics hub.

Catapang noted that Palawan's geographical position makes it an ideal location for trade in the Asean region.

The plan includes the construction of an international container port and a new airport to enhance connectivity with neighboring countries such as Indonesia, Malaysia, Brunei and Singapore.

"Palawan is the gateway to Southeast Asia," said Catapang, noting its proximity to key Asean markets.

He also proposed that Palawan and its surrounding areas serve as a "zone of peace, progress and prosperity," reducing tensions in the West Philippine Sea by shifting the focus to economic cooperation.

A major component of the project is food security with plans to develop agricultural hubs that will boost domestic food production and ex-ports.

The initiative aims to attract foreign investment in agribusiness, logistics and sustainable development.

Catapang also disclosed ongoing discussions with the Philippine Economic Zone Authority to designate parts of Palawan as special economic zones.

"This would allow investors to benefit from tax incentives and streamlined business regulations," he said.

The Philippines presented the project at the Asean Regional Conference, where it sought further investor commitments.

"This conference will be crucial," Catapang said. "We are showcasing a vision that aligns with Asean's goals of regional economic integration and food security."

Philippines ushers ASEAN in renewable energy investments

$27.7 billion: How the Philippines leads Asean in investments, green power push

Investments boom: 2024 saw a 28% jump in approved projects, as per DTI data

Jay Hilotin, Senior Assistant Editor
Gulf News (Saudi Arabia)
30 January 2025

Manila: The year 2024 broke records for investments, with approved projects hitting Php1.62 trillion ($27.7 billion), the Philippine Department of Trade and Industry (DTI) has confirmed.

Free energy from the sun: The Philippines's biggest winners in 2024 in wooing fresh capital were the energy and manufacturing sectors, as well as special economic zones. Renewable power led by solar-wind-batteries (SWB) secured Php1.38 trillion ($23.6 billion) in fresh inflows — a 40 per cent jump from 2023.Bloomberg

The bumper inflows exceeded the Php1.5 trillion initial target for the past year.

The Asean nation not only overshot its original aim: it was up 28 per cent, outpacing 2023’s Php1.26 trillion ($21.58 billion), outperforming neighbouring countries like Thailand and Malaysia in this metric.

The biggest winners in wooing fresh capital: renewable energy (RE) and manufacturing, among others, as per the Presidential Communications Office.

Green energy leads 

• The energy sector led the charge, securing Php1.38 trillion ($23.6 billion) — a massive 40 per cent jump from last year.
• Other booming sectors: air and water transport, mass housing, manufacturing, water supply, waste management, and real estate.

Economic zones

The Philippines, once dubbed as the "Silicon Valley" of South-east Asia, has lost its sheen due to power intermittency and high rates.

Now, it's plotting a comback, as the Philippine Economic Zone Authority (PEZA) also shattered expectations, raking in Php214.17 billion ($3.67 billion), surpassing its Php200 billion ($3.5 billion) goal for 2024.

Investment boom

Though officials didn’t directly link the surge to President Ferdinand Marcos Jr.’ global investment push, trade leaders credit his overseas trips for securing major deals. 

President His Highness Sheikh Mohamed bin Zayed Al Nahyan with Ferdinand Marcos Jr, President of the Republic of the Philippines, at Qasr Al Shati in Abu Dhabi in November 2024.

File photo | WAM

Australia: Marcos locked in $1.53 billion (Php86 billion) across renewable energy, clean tech, IT-BPM, and healthcare, plus an expansion of Victoria International Container Terminal (VICT).

Germany & Czech Republic: Fresh investments are rolling in, with PEZA reporting nearly Php75 billion — about 43 per cent of its annual target — linked directly to the international trade missions.

Vietnam: VinGroup pledged investments in EV battery production, fueling the government’s transport modernisation.

Japan: A sweet deal between local Auro Chocolate and retail giant Mitsukoshi will benefit 1,000 Filipino families, blending Davao’s cacao with Japanese flavours like matcha and miso.

What’s next?

Manila is doubling down on investment-friendly policies in 2025, ensuring the Philippines remains a top destination for business, innovation, and job creation, said Trade Secretary Cristina Roque.

“We will continue to refine and implement forward-looking policies that attract investments in these key industries, ensuring that the Philippines remains a prime destination for innovation and growth,” Roque was quoted as saying by the Presidential Communications Office.

With this momentum, the Philippines isn’t just catching up — it’s leading the pack in the Asean.

Challenges

The country is tackling a key challenge: energy security and high cost of power.

Policy makers are leading the drive with a mix of renewable energy (RE) expansion and mega gas-to-energy projects, potentially dislodging coal.

In 2024, the Philippines ramped up RE capacity: more than 4,000 megawatts (MW) of power projects came online, as per the Department of Energy (DOE).

In June, the agency approved the construction of 16 offshore wind farms, with an estimated potential capacity of 7,668 MW. 

In September, Danish firm Copenhagen Offshore Partners announced a $3-billion investment for the 1-gigawatt (GW) San Miguel Bay offshore wind power project in Camarines Sur, about 400km south-east of Manila.

Juice from this wind project will start energizing the power grid from 2028.

In November, the $3.4-billion integrated solar-battery project, claimed to be the “biggest-of-its-type-in-the-world” in a 3,500-hectare (35 sq km) land in Nueva Ecija and Bulacan, broke ground north of the capital, combining solar and batteries, able to power the equivalent of 2 million local homes.

The Philippines also announced 20 dams for hydro-electric power generation.

Earlier this month (January 2025), the Philippines and UAE sealed a $15-billion landmark solar-wind-batteries deal aimed to bolster the Asean nation’s renewable energy credentials.

Policy mandate

Policy has been tweaked, too: electricity suppliers are now mandated to increase their RE sourcing by at least 2.52 per cent annually starting in 2023, up from the previous 1 per cennt annual increase in 2020. 

Filipino business tycoons are turning into battery barons, ramping up megawatt-scale “power banks” – including ones on floating platforms, with container-size battery energy storage systems (BESS).

A key advantage: they can be quickly deployed where needed. More than 60 sites across the archipelago had been completed or in the roll-out stage.  

Global recognition  

While the Philippines still has one of the highest power rates in the region, the push for REs is hoped to bring rates down.

With companies like Aboitiz Power, ACEN, and Meralco scaling up solar farms and offshore wind, the Philippines landed second in the 2024 Climatescope Report by BloombergNEF, reflecting investor confidence in greening drive.

Will these moves push some — if not all — of the 60 coal-fired plants (with generating capacity of 12 GW) to retire earlier than planned?

It's early days.

The ramp in RE underscores Manila’s efforts to creating a greener, end-user and investor-friendly (and, hopefully, cheaper!) power eco-system.

PH records all-time tourism receipts in 2024

PH hits record-high tourism revenue of P760-B in 2024

Joyce Ann L. Rocamora
Philippine News Agency
January 6, 2025

MANILA – Philippine tourism earned an all-time high revenue of PHP760.5 billion in 2024, translating to a 126.75 percent recovery rate from the 2019 pre-pandemic levels.

Revenues from inbound tourism expenditures -- representing the total amount spent by non-resident visitors -- were 9.04 percent higher compared to the PHP697.46 billion in 2023.

ALL-TIME HIGH. Tourism Secretary Christina Garcia Frasco speaks at the Kapihan Sa Manila Hotel on Sept. 11, 2024. Frasco on Monday (Jan. 6, 2025) said tourism is contributing significantly to the nation's economic growth after it posted an all-time high revenue of PHP760.5 billion in 2024, translating to a 126.75 percent recovery rate from the 2019 pre-pandemic levels. (PNA photo by Yancy Lim)

Department of Tourism (DOT) data showed earnings surpassed the estimated PHP600.01 billion in 2019 by an impressive 26.75 percent.

“With these figures, it is clear that the Philippine tourism industry is not only bouncing back but also evolving and expanding, contributing significantly to the nation's economic stability and growth. In the past year, we have witnessed remarkable growth in tourism revenue, which has surpassed previous records,” Tourism Secretary Christina Frasco said Monday.

“This achievement is not just a statistic. It translates to thousands of jobs created for Filipinos, fostering economic resilience and enabling families to thrive,” she added.

She attributed this growth to the pro-tourism policies of the Marcos administration that prioritized the sustainable development of Philippine tourism resources.

“These policies focus on enhancing infrastructure, promoting heritage conservation and investing in skills development programs for our workforce, among others. We believe that the growth of tourism should be inclusive and equitable, empowering local entrepreneurs and communities,” she said.

Based on the World Travel and Tourism Council data, international tourists spend at least USD2,073 per capita.

From an average of nine nights in 2019, tourists are now staying an average of over 11 nights in the country, while 70 percent are repeat visitors.

Continued collaboration with stakeholders from the private sector also garnered about 63.18 percent repeat visitors in 2023, the DOT said.

Tourist arrivals

While falling short of its original target of 7.7 million, the DOT said the country still recorded growth in the number of foreign visitors last year at 5,949,350, up by 9.15 percent from the 5.45 million foreign guests recorded in 2023.

South Korea maintained its position as the top source of foreign tourists, with arrivals increasing to 1,574,152 from 1,455,977 in 2023, garnering more than 26.46 percent of the total market share.

Frasco cited the country’s “effective strategic marketing initiatives, enhanced air connectivity and strengthened cultural exchanges” for the sustained number of Korean tourists to the Philippines.

“Furthermore, the Philippines' growing reputation as a prime destination for incentive travel has played a key role in this positive trend, attracting an increasing number of Korean companies hosting their reward trips for their employees in the Philippines' world-class tourist destinations," she said.

The United States ranked second, with 1,076,663 visitors in 2024, increasing from 1,041,305 in 2023. Enhanced connectivity, including nonstop flights from San Francisco to Manila by United Airlines and from Seattle to Manila by Philippine Airlines contributed to the growth of the market.

Japan, meanwhile, emerged as a standout market with a 22.84 percent growth in arrivals, reaching 444,528 visitors from its previous year’s 361,862.

The surge was attributed to aggressive tourism campaigns and strategic partnerships with Japanese travel agencies that paved further awareness and interest in the Philippines as a travel destination.

Though significantly lower than the pre-pandemic figures, China showed signs of recovery with 313,856 arrivals compared to 264,922 in the previous year.

This can be attributed, the DOT said, to the increased number of flights from 2023, both commercial and chartered, including the first half of 2024, connecting China directly to Cebu, Bohol, and Davao.

Cruise ships also started to arrive during the second half of 2024, with the new visa waiver program becoming an important factor for the improved numbers.

Other consistent contributors included Australia (299,286) and Canada (269,300). Emerging markets like Taiwan and Singapore demonstrated strong growth momentum, with arrivals reaching 213,833 and 198,471, respectively.

The introduction of direct flights to Kalibo in Aklan and Puerto Princesa in Palawan, as well as the growth of niche markets such as English as Second Language (ESL) learning and diving, contributed greatly to the visits of guests from Taiwan.

The United Kingdom likewise sustained its position among the top contributors with 178,656 visitors, driven by a keen interest in heritage tourism and adventure activities.

Meanwhile, Malaysia emerged 10th with 99,881 registered arrivals in 2024.

The DOT said the Middle Eastern market similarly showed promising signs of recovery in 2024.

The United Arab Emirates (UAE) posted a remarkable 668.34 percent recovery rate from its 2019 figures, reflecting increased air connectivity and a surge in interest in the Philippines as a leisure destination.

Qatar followed closely, with an impressive 832.87 percent recovery rate, and Saudi Arabia with 66.54 percent growth.

Likewise, Oman and Bahrain registered more than 200 percent recovery rates from the 2019 number of arrivals, the DOT said.

Those in the top 25 source markets which have fully recovered as compared with 2019 data included Australia (102.63 percent), Canada (109.26 percent), Hong Kong (106.79 percent), UAE (668.34 percent), Italy (143.02 percent), Spain (111.08 percent), Guam (200.19 percent), New Zealand (100.50 percent) and Switzerland (102.01 percent).

"The growth in our visitor arrivals and receipts in 2024 underscores the resilience of the Philippine tourism industry and the collective efforts of our stakeholders. This success is a testament to our unwavering commitment to showcasing the beauty, culture, and hospitality that make the Philippines truly unique on the global stage," Frasco said.

More overseas Filipinos also traveled to the Philippines last year at 510,383, representing a seven-fold increase from 72,436 in 2019. (PNA)

PH economy on verge of growth in 2025 - Labor Secretary

Philippine economy on cusp of growth amid tech advancements, sustainability focus — Laguesma

BusinessWorld Online
January 1, 2025

THE PHILIPPINES is on the cusp of a significant economic growth in 2025, which will be driven mainly by technological advancements, as well as the heightened focus on sustainability and wellness, according to its labor chief.

PAIRS OF HIGH-QUALITY SHOES made in Marikina City are shown to members of the media during a tour of C Point Manufacturing’s shoe factory in Barangay Concepcion Uno on Aug. 7, 2019. — PHILIPPINE STAR / BOY SANTOS

“The Philippines is on the transition of a substantial economic expansion, fueled by technological breakthroughs, heightened environmental consciousness and a growing emphasis on healthcare and wellbeing,” Labor Secretary Bienvenido E. Laguesma told BusinessWorld in a Viber message.

On this note, he said emerging sectors, such as the digital economy, green economy, blue economy, and care economy, are “projected to experience significant growth.”

Federation of Free Workers President Jose Sonny G. Matula likewise expects growth in tech-driven industries as the Philippines is rapidly becoming a global player in technology due to its skilled workforce and supportive business ecosystem.

“In-demand roles include software developers proficient in programming languages like Python, Java, and C#, and data scientists who extract actionable insights to guide business decisions,” he told BusinessWorld in a Viber chat.

As a way to cope with this emerging sector, workers must be equipped with advanced technology skills, he added.

“Proficiency in digital fluency, business and data storytelling, data visualization, cybersecurity, robotics, and telemedicine will be crucial,” he said.

He also said it is critical for workers to have the ability to quickly learn and adapt to new technologies to catch up on the rapidly evolving job market.

The union leader added demand for healthcare workers would further rise this year as global health challenges underscored the need for more robust healthcare systems, increasing the need for professionals. 

“However, the sector faces hurdles such as brain drain, as skilled workers seek opportunities abroad,” he noted.

Moreover, Mr. Laguesma noted the transition to a more technology-driven economy poses challenges for certain industries.

Roles in administration, traditional security, manufacturing, and commerce are projected to decline due to automation and digitalization, he said.

Jobs requiring technical support, sales, and clerical work are particularly vulnerable, as they face the highest risk of displacement by automation.

“In fine, jobs that provide technical support, sales and clerical works stand the highest exposure to automation,” he said.

Mr. Matula said urged the government to strategically plan, invest in human capital, and commit to continuous learning and adaptability to capture opportunities in emerging industries. — Chloe Mari A. Hufana

PH ranked 2nd most attractive developing economy for RE investment

PH ranked 2nd most attractive developing economy for RE investment

By Anna Leah Gonzales
Philippines News Agency
December 9, 2024

MANILA – The Philippines is the second most attractive developing economy for renewable energy investment, the 2024 Climatescope report by BloombergNEF (BNEF) said.

The Climatescope report evaluates clean energy progress and market attractiveness across 110 developing countries using 100 indicators.

Dagohoy Solar Power Farm in Bohol province. (Screenshot from Bohol-PIO video)

These nations account for nearly two-thirds of global clean energy output and 82 percent of the world’s population.

The country's latest ranking was an improvement from fourth place in 2023.

BNEF's report said the Philippines has a power score of 2.65, surpassing the Asia-Pacific regional average of 1.94.

In a statement Monday, the Department of Energy (DOE) said the improvement in ranking "reflects the growing confidence of the global community in our country’s commitment to clean energy transition and sustainable growth."

"This achievement underscores the effectiveness of the Philippines’ comprehensive renewable energy policies, which include auctions, net metering schemes, tax incentives, and an aggressive clean energy target of 35% renewable energy in the power mix by 2030," the DOE said.

"As the only emerging market in the Asia-Pacific region with all these mechanisms in place, we are paving the way for a more sustainable energy future, not only for our nation but as a model for the region," it added.

However, the DOE said there is a need to further accelerate renewable energy development to address the needs of the country.

"Significantly, while most of the renewable energy investment is domestic, we look forward to realizing the potential of increased foreign participation through recent reforms that allow 100 percent foreign equity in renewable energy projects," it said.

The DOE said the administration of President Ferdinand R. Marcos Jr. is committed to driving renewable energy development, fostering innovation and creating an enabling environment for both local and international investors.

It added that the government will continue to harness the potential of the country’s natural resources.

"This recognition inspires the DOE to further intensify its efforts in achieving our renewable energy goals, ensuring that our nation remains a global beacon of progress in the energy transition," the DOE said. (PNA)

PH rises 31 spots in UN e-Participation index

PH rises 31 spots in UN e-Participation index

TED CORDERO
GMA Integrated News 
27 November 2024

The Philippines has risen 31 places in the 2024 2024 United Nations (UN) e-Participation Index (EPI) amid improved digital governance.

The UN described EPI as an index that offer insights into how different countries are using online tools in promoting interaction between the government and its people, as well as among the people, for the benefit of all.

Out of 193 countries evaluated, the Philippines ranked 49th this year in EPI from 80th in 2022.

Moreover, the country advanced 16 places in the 2024 UN E-Government Development Index (EGDI), where it climbed to 73rd spot from 89th in 2022.

The country achieved an EGDI score of 0.7621, exceeding the global average of 0.6382.

The UN’s EGDI measures online service delivery, telecommunication connectivity, and human capacity.

In a statement, Department of Information and Communications Technology (DICT) Secretary Ivan John Uy said the Philippines’ advancement in the UN’s digital governance rankings was “a testament to the government’s efforts to enhance digital transformation.”

"This milestone underscores our dedication to making government services more accessible, transparent, and participatory for every Filipino," said Uy.

The DICT chief attributed the country’s digital governance ranking improvement to the eGov Super App — the agency’s flagship platform integrating national and local government services.

The app offers various services, including business registration, tourism information, job creation tools, travel declarations, and e-commerce features.

For his part, DICT Undersecretary David Almirol said the eGov Super App aggregates existing systems using Single Sign-On (SSO) and API integration, allowing seamless access to government services while maintaining compatibility with current agency systems.

Almirol said the DICT is also working with the Departments of Foreign Affairs and Tourism and the Bureau of Immigration to incorporate the Philippine eVisa Portal into the app, simplifying the visa application process for tourists and supporting the country’s tourism sector.

The eGov Super App is an online one-stop shop, also facilitates local government services, such as applying for permits, certifications, and clearances.

Partnerships with agencies like the Department of Health, Department of Labor and Employment, Philippine Health Insurance Corp., and Professional Regulation Commission have expanded the app’s offerings to include resume-building tools for job seekers, eKonsulta for health benefits, and a unified travel declaration system for travelers.

PH elected at UNICITRAL for six-year term

PH wins seat at UN trade panel

Bernadette E. Tamayo 
Manila Times
 22 November 2024

The Philippines won a seat at the United Nations Commission on International Trade Law (UNCITRAL), which underscored the country's dedication to contributing to the development of international trade law.

The Philippines' six-year term will begin on July 7, 2025, along with 30 other elected members of UNCITRAL.

The UNCITRAL is the core legal body of the UN system in the field of international trade law, the Department of Foreign Affairs (DFA) said.

"Our election to the UNCitral manifests our commitment to the rules-based international economic order," said Ambassador Antonio Lagdameo, the Philippine permanent representative to the UN in New York.

The DFA, in a statement posted on X (formerly Twitter) said the election of the Philippines showed its "dedication to fostering inclusion and collaboration among Member States, while articulating the distinct views of developing countries."

The body is mandated to "remove legal obstacles to international trade by progressively modernizing and harmonizing trade law," the DFA said.

It prepares legal texts in a number of key areas such as international commercial dispute settlement, electronic commerce, insolvency, international payments, sale of goods, transport law, procurement and infrastructure development.

As an observer in the current term, including in the 57th UNCITRAL Annual Session held in New York from June 24 to July 12 this year, the Philippines demonstrated its commitment to advancing the mandate of UNCITRAL through its active engagement in the session meetings, the DFA said.

Philippine Tourism Board wins best nat’l tourism organization in Asia

TPB wins best nat’l tourism organization in Asia

Philippines News Agency
October 5, 2024

BANGKOK, THAILAND – For the second year in a row, the Tourism Promotions Board (TPB) Philippines, the marketing arm of the Department of Tourism (DOT), has been named the Best National Tourism Organization in Asia at the 33rd Annual TTG Travel Awards.

The prestigious event, held in Bangkok on Sept. 26, 2024, brought together the region’s top industry leaders to celebrate travel and tourism excellence.

Tourism Secretary Christina Garcia Frasco expressed immense pride in the award, highlighting the commitment of the DOT and TPB to elevate the Philippines as a world-class destination.

"This prestigious award is a true reflection of the Department of Tourism’s and the Tourism Promotions Board’s unwavering dedication to positioning the Philippines as a premier destination in Asia, fully supporting President Ferdinand R. Marcos Jr.'s vision of transforming the country into a tourism powerhouse. Under the leadership of COO Marga Nograles, the TPB team’s tireless efforts have been pivotal in elevating Philippine tourism on the global stage," Frasco said in a DOT news release issued on Friday.

"Their success at the Incentive Travel & Conventions Meetings Asia (IT&CMA), generating over PHP1.7 billion in initial sales leads, further highlights our commitment to establishing the Philippines as a leading destination for Meetings, Incentives, Conferences, and Exhibitions (MICE)."

The award culminated TPB’s participation in the IT&CMA from Sept. 24-26, alongside 21 key players from the Philippine MICE industry.

The MICE Philippines: We Take Your Business to Heart program was prominently featured, further solidifying the country’s status as a premier MICE destination.

“We are extremely honored and grateful to be named ‘Best National Tourism Organization’ once again this year. This recognition serves as a testament to the trust and confidence that travel agents around the world have placed in the Tourism Promotions Board Philippines," Nograles said.

"Your votes inspire us to continue showcasing the beauty, culture, and potential of our beloved country.”

The Philippines has been joining IT&CMA since its inception in 1993 to ensure the country’s positioning at the forefront of Asia-Pacific MICE and Corporate suppliers.

TPB’s participation in the IT&CMA underlines the organization’s steadfast commitment to promoting the country on a global scale.

Notably, this year’s delegation was the largest that TPB has led for the three-day event organized by TTG.

The TTG Travel Awards, established in 1989, stands as one of the most prestigious honors in the Asia-Pacific travel industry, celebrating excellence across numerous categories, including travel suppliers and outstanding achievements.

The 33rd Annual TTG Travel Awards 2024 recognized 106 winners, including Fairmont Makati for the Best Hotel in Manila, Conrad Manila for the Best Business Hotel in the Philippines, Okada Manila for the Best Meetings and Conventions Hotel in the Philippines, and SMX Convention Center for the Best Convention and Exhibition Center in the Philippines.

The TTG Travel Awards honor both well-established and emerging leaders in the industry, further underscoring the dynamic landscape of travel and tourism in the region. (PNA)