While travel data show the Philippines trailing in tourism movement, travelers profile show millennials and Gen-Z comprise the bulk of traffic under the sports tourism sector. The latest YouGov survey revealed that “Traveling for sports events is an international phenomenon, with four in 10 consumers across 17 markets having done so.”  The survey found that 45% of the respondents were …

The Metro Manila hospitality sector is expected to reclaim its pre-pandemic occupancy levels by 2028, according to Colliers Philippines, a real estate services firm, arguing that a surge in domestic travel would offset the wave of new hotel room openings. Average hotel occupancy in the national capital region (NCR) is projected to climb to 65% in 2025 and 68% in …

Additional automated gates and self-check-in kiosks at the Ninoy Aquino International Airport (NAIA) have become available to passengers. A total of seven carriers are now participating at NAIA’s automated passenger processing program. The New Naia Infra Corp. (NNIC) said additional airlines have completed system integration across Terminals 1, 2 and 3, as part of NAIA’s ongoing airport modernization. These kiosks …

The Department of Transportation (DOTr) is fast-tracking construction of relocation sites for families affected by the North-South Commuter Railway (NSCR) system in Bulacan and Pampanga. DOTr Secretary Giovanni Lopez said Pres. Ferdinand Marcos Jr. directed all partner agencies, including local government units, to prioritize improved housing and recreational facilities for displaced households. The relocation project, named “El Nuevo De Municipio …

Local businesses were upbeat in January, the first month of the year, it was disclosed by the Bangko Sentral ng Pilipinas (BSP). The BSP based its conclusion on the results of its recent business expectations survey (BES), which showed a positive confidence index (CI) of a little less than one percent. The Bangko Sentral intends to do its surveys on …

The Federation of Filipino Chinese Chambers of Commerce and Industry, Inc. (FFCCCII) will host the Association of Southeast Asian Nations (ASEAN)-Chinese Business Leaders Summit in Metro Manila this October as part of efforts to attract foreign direct investments (FDIs) and promote the Philippines as a regional tourism and business hub during its 2026 ASEAN chairmanship. In a statement on Friday, …

To say that the Philippines has strong potential in harnessing renewable energy (RE) is an understatement. It is widely reported that the RE sector is comprised of geothermal resources (14.6%/1,932 MW), solar/wind energy (1.4%; solar at 1,382 MW; wind at 443 MW), hydropower (4.1%/1,161 MW), and biomass (12.6%/759 MW). The Department of Energy (DOE) has instituted policies that would encourage …

The Philippines is set to ink 25 official development assistance (ODA) agreements with foreign governments, Finance Secretary Frederick Go said Thursday. Speaking at the Social Security System office, Go said the deals include 10 loans from Japan, 10 pipeline loans from Korea, and five loans from France, totaling USD10.3 billion. Separate Department of Finance data show that 10 pipeline ODAs …

The Bureau of Internal Revenue (BIR), Bureau of the Treasury (BTr), and UnionBank have signed a memorandum of agreement to integrate UnionBank’s UPay Facility into the national tax collection system, aiming to expand digital payment options for taxpayers. The partnership, signed Tuesday at UnionBank Plaza in Pasig City, seeks to provide convenient web- and mobile-based channels for paying taxes and …

Land Bank of the Philippines and the Technical Education and Skills Development Authority (TESDA) have signed an agreement to enable digital disbursement of scholarship grants and training support funds for over 335,000 TESDA scholars. The memorandum of agreement was signed on Feb. 16, 2026 at the TESDA Central Office in Taguig City by LandBank President and CEO Lynette Ortiz and …