Foreign tourists visiting the Philippines, at 8.26 million in 2019, slightly exceeded the Department of Tourism’s (DOT) target of 8.2 million for the year. The year-end figure was also 15.36 percent higher than the 7.16 million arrivals in 2018.

Federalism stands to immensely benefit more than 1,400 towns and municipalities throughout the country through faster allocation of budgeting requirements for their respective developmental projects.

The Department of Trade and Industry (DTI) is partnering with USAID, Lead-More, and Havas Ortega to train women entrepreneurs on using digital tools to grow their business. The three-month program will be piloted in Region 4A in April, Iloilo in July, and Cagayan de Oro in October.

For the second consecutive year, Ayala Land, Inc. (ALI) surpassed its P100 billion capital expenditure (CAPEX) target as it continued to invest in new mixed-use developments across the country. CAPEX in 2019 reached P109 billion equivalent to 64% of gross revenues.

TecPlata, operator of the container terminal located in Puerto La Plata, has signed a contract with Evergreen Marine Corp Taiwan Ltd. for the start of a new service to Asia and the Far East. With this agreement with the Taiwanese shipping line, TecPlata takes a further step in its consolidation as an alternative port in Buenos Aires for Argentine companies …

Emerald Bay Resort and Casino is gearing up to open on time and on budget. Its developer LapuLapu Leisure, Inc. is ensuring it keeps to this goal by maximizing the efficiency of its procurement function. LapuLapu Leisure is a member of the PH Resorts Group Holdings, Inc., the gaming and hospitality arm of the Udenna Group. The Emerald Bay Resort …

The Department of Trade and Industry (DTI), in partnership with the Semiconductor and Electronics Industries in the Philippines Foundation, Inc. (SEIPI), the largest organization of foreign and Filipino electronics companies in the Philippines, will present the Philippine electronic capabilities during the upcoming Consumer Electronics Show (CES 2020) which runs from 7-10 January 2020 in Las Vegas, Nevada, USA. 

International Container Terminal Services, Inc.’s (ICTSI) Global Corporate Legal Affairs Department was honored recently by the Asian Legal Business magazine as finalist for the Philippine In-House Team of the Year, Transportation and Logistics In-House Team of the Year, and Innovative In-House Team of the Year categories during the annual Philippine Law Awards last 22 November 2019. Atty. Lirene C. Mora-Suarez, ICTSI Asia …

Sociedad Puerto Industrial de Aguadulce (SPIA) sets a new operational milestone at the Port of Buenaventura after servicing the 14,436-TEU vessel MSC Faith, the largest ship ever to dock in Colombia. 

Department of Trade and Industry (DTI) Secretary Ramon Lopez said that industry policy determines trade strategy and shared DTI’s unified approach to spurring trade and investments in DTI’s One Country, One Voice (OCOV) forum last 4 December.