Sunday, September 25, 2022

Department Of Tourism Invites Singaporean Businessmen To Visit, Invest In Philippines


Department Of Tourism Invites Singaporean Businessmen To Visit, Invest In Philippines


How do you feel about this story?


The Department of Tourism (DOT) on Wednesday urged Singaporean businessmen to visit and invest in the Philippines as it shares the country’s initiatives to fast-track the tourism industry’s recovery.

“The tourism industry of the Philippines is already on its way to recovery, with your help and with your partnership we can continue to allow tourism to be a force for good towards the economic recovery of the Asean (Association of Southeast Asian Nations) region,” Tourism Secretary Christina Frasco said during the Philippine Economic Briefing (PEB) in Singapore.

Frasco said the DOT is “doing everything” to revitalize the sector and make it a major economic pillar for the country’s post-pandemic recovery.

“We’re open, we’re ready, and we invite all of you to visit and to invest in the Philippines,” she told the businessmen at the briefing.

Among the initiatives she laid out were infrastructure development, digitalization and connectivity, diversification of the Philippine tourism portfolio, and the strengthening of tourism governance.

She said the DOT will work with relevant agencies to improve access to key destinations through improved roads, bridges, and water systems.

She announced that DOT is also breaking ground this year 10 tourist rest areas across the country.

“Overall, the outlook about the Philippines is optimistic, notwithstanding all of the difficulties that we have faced and have come into our shores and everything that has come to pass everything that the Filipino people have suffered in terms of various upheavals and calamities,” she said.

“It is by no accident that our country remains one of the most beautiful destinations in the world and top-of-mind destinations in terms of tourism,” she added.

As of Sept. 5, the Philippines has received at least 1.4 million international visitors.

The PEB in Singapore was conducted in cooperation with the Philippine Embassy Singapore and the Philippine Trade and Investment Centre Singapore, together with partner banks – BoFa Securities, Goldman Sachs, HSBC, JP Morgan, Morgan Stanley, SMBC Nikko, Standard Chartered Bank, and UBS. (PNA)

Latest News


BLACKPINK Launches ‘Shut Down’ Cover Contest For Blinks All Over The World

YG Entertainment announces a cover contest to celebrate BLACKPINK’s comeback with their second album, Born Pink.

Vice President Sara: Don’t Let Hate Overpower Unity

In celebration of the United Nations International Day of Peace, Vice President Sara Duterte advised the public to focus on unity over hate.

Villar Cites Role Of Women In ‘Nation-Building’

Significance of women. Senator Cynthia Villar emphasized the role of women in talks about nation-building and gave recognition to the National Federation of Women's Clubs of the Philippines.

‘Extraordinary Attorney Woo’ Star Park Eun Bin To Hold Fan Meeting In Manila

Woo to the Young to the Woo! Get ready K-Drama fans, Park Eun-bin or known as Attorney Woo is coming to the Philippines.

Bicol Express-Inspired Cocktail Bags Top Prize At The Monin Cup 2022

A cocktail drink inspired by the Filipino dish Bicol express hailed as champion of the Monin Cup 2022.

The Great Filipino Story