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  • 菲律賓國旗

  PH is a nominee for four prestigious World Travel Award in 2023

  According to Philippines nominated for 4 esteemed awards at World Travel Awards 2023 | Inquirer News, the Department of Tourism (DOT) announced on October 25 that the Philippines is competing for four important categories from the esteemed World Travel Awards categories (WTA) 2023.The World's Leading Beach Destination, World's Leading Dive Destination, World's Leading Island Destination, and World's Leading Tourist Board categories are among those in which the nation is reportedly nominated, according to the Department of Tourism DOT.Every tourist's voyage ensures a lifetime of memories because of the natural beauty of our beaches, diving sites, and islands; the abundance of history, legacy, and culture; and the festivals, tastes, and experiences across the varied regions of the Philippines, according to DOT Secretary Christina Frasco.Over five million Filipinos have found productive work in the tourist business, according to the secretary of tourism.According to Philippines nominated for 4 esteemed awards at World Travel Awards 2023 | Inquirer News, WTA is an award-giving organization located in London that was founded in 1993 and is known as the Oscars of the travel industry.On three levels—national, regional, and international awards in several categories—it honors achievement in travel and tourism.The World's Leading Beach Destination and World's Leading Dive Destination, which it won in 2022, are titles that the Philippines is vying for again, according to Department of Tourism (DOT).In September, the archipelago was recognized by WTA as Asia's Leading Dive Destination for the sixth year running.Asia's Top Tourist Attraction title was recaptured by the ancient Walled City of Intramuros.On October 16, according to Philippines nominated for 4 esteemed awards at World Travel Awards 2023 | Inquirer News, voting for the WTA global category began and will close on November 17, United Kingdom time, at midnight.

  2023-10-30 03:00
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  • 菲律賓國旗

  In Q3, the Philippine economy expanded by 5.9%

  According to PH economy grew by 5.9% in Q3 | Inquirer Business, The Philippine Statistics Authority (PSA) said on November 9 that the country's GDP expanded by 5.9 percent year over year in the third quarter, above market estimates and surpassing the 4.3 percent growth noted in the second quarter.This increased the nation's average gross domestic product (GDP) growth for the year to 5.5%.Arsenio Balisacan, the secretary of socioeconomic planning, according to PH economy grew by 5.9% in Q3 | Inquirer Business, stated at a news conference that the government has to expand by 7.2 percent in the last quarter of the year in order to meet at least the lower end of its projected growth rate of 6 to 7 percent for this year.For a nation struggling with persistently high consumer costs, the most recent data was encouraging. It exceeded most estimates for GDP, which ranged from 4.3 to 4.9 percent.According to PH economy grew by 5.9% in Q3 | Inquirer Business, average inflation between January and October reached 6.4%, much over the government's goal range of 2 to 4%. This is particularly hurting consumer spending, which is the backbone of the economy.The third quarter's growth in household consumption was 5.5%, according to the data, which was less than the 5.5 percent rise in the previous quarter.In an effort to control inflation, which is also stifling development, the Bangko Sentral ng Pilipinas (BSP) has started its most extreme tightening program in 20 years.Currently, according to PH economy grew by 5.9% in Q3 | Inquirer Business, the BSP's consideration of the third quarter GDP statistic will be a crucial factor in determining whether more tightening is necessary once it meets on November 16th.

  2023-11-10 03:00
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  • 菲律賓國旗

  Department of Agriculture officials in the Philippines observe stable pricing for rice

  According to Agri officials see stable rice prices | Inquirer Business, a Department of Agriculture (DA) official stated that better production and the arrival of imported rice from India next month are expected to stabilize retail prices of rice, particularly during the holiday season.According to Agriculture Assistant Secretary Arnel de Mesa, authorities anticipate that prices would stay steady and won't rise to the P52 per kilogram level as previously noted.The 295,000 metric tons (MT) of rice from India are anticipated to arrive in the nation in December, according to the DA official.As previously mentioned, on October 18, the Indian Ministry of Commerce and Industry announced that 1.03 million MT of rice will be sent to seven nations: Nepal, Cameroon, Cote d'Ivoire, Republic of Guinea, Malaysia, the Philippines, and Seychelles.Despite India's July export ban on non-basmati white rice, the Philippines was given the largest share.Additionally, According to Agri officials see stable rice prices | Inquirer Business, the Department of Agriculture official stated that the country will have a 90-day buffer stock of palay as local output will increase.The third quarter of 2023 saw a minor increase in palay output of 0.21 percent to 3.79 million metric tons (MT), according to statistics released by the Philippine Statistics Authority (PSA).Western Visayas led the list among the regions, with 726,642 MT, or 19.1% of the overall volume. Nonetheless, the volume decreased by 14% from the previous year.According to Agri officials see stable rice prices | Inquirer Business, second place went to Cagayan Valley, with an overall share of 476,343.22 MT, or 12.5%.

  2023-11-06 03:00