5G Investment News
  • Top News
  • Economy
  • Forex
  • Investing
  • Stock
  • Editor’s Pick
No Result
View All Result
5G Investment News
  • Top News
  • Economy
  • Forex
  • Investing
  • Stock
  • Editor’s Pick
No Result
View All Result
5G Investment News
No Result
View All Result
Home Stock

Tourism infra, calamity fund top DoT’s wish list

by
July 29, 2025
in Stock
0
Tourism infra, calamity fund top DoT’s wish list

Tourism infra, calamity fund top DoT’s wish list – BusinessWorld Online


      
      
      
      
      








THE Department of Tourism (DoT) said it will seek more funding for tourism infrastructure and the tourism calamity fund in the 20th Congress, while also pressing legislators to liberalize visitor entry requirements.

“What we are advocating for in the 20th Congress, first of all, is more funding for tourism infrastructure,” Tourism Secretary Ma. Esperanza Christina G. Frasco said on the sidelines of the Post-SONA (State of the Nation Address) cabinet briefings on Tuesday.

She said that investment in infrastructure will make Philippine destinations more competitive and accessible to domestic and international tourists.

Citing the World Economic Forum, she said the Philippines ranked 69th out of 117 economies in terms of tourism infrastructure.

She called for a more liberal visa policy in line with the norms set by the Association of Southeast Asian Nations (ASEAN).

“The Philippines is behind compared to our ASEAN neighbors (in) strictly requiring visas for foreign nationals,” she said.

“Of course, national security will remain a priority, but at the same time, we also have to make sure that the Philippines is competitive in terms of ease of entry of international tourists,” she added.

She also said that the department is looking at legislation to create a Tourism Quick Response Fund.

“Because of our many climate-related emergencies and severe weather… we want to have a Tourism Quick Response Fund by way of legislation,” she added.

She said this will allow the department to immediately access funding to assist tourism workers and stranded domestic and international tourists during calamities. — Justine Irish D. Tabile

CEDTyClea

RELATED ARTICLESMORE FROM AUTHOR




MORE STORIES


Previous Post

Wise shareholders vote to move primary listing to US and extend co-founder’s voting control

Next Post

IPPs commit to capacity boost in support of full electrification

Next Post
IPPs commit to capacity boost in support of full electrification

IPPs commit to capacity boost in support of full electrification

Enter Your Information Below To Receive Free Trading Ideas, Latest News And Articles.







    Fill Out & Get More Relevant News





    Stay ahead of the market and unlock exclusive trading insights & timely news. We value your privacy - your information is secure, and you can unsubscribe anytime. Gain an edge with hand-picked trading opportunities, stay informed with market-moving updates, and learn from expert tips & strategies.
    Your information is secure and your privacy is protected. By opting in you agree to receive emails from us. Remember that you can opt-out any time, we hate spam too!

    Recommended

    Jeremy Hunt: ‘We’re over-medicalising anxiety and depression with sick notes’

    Jeremy Hunt: ‘We’re over-medicalising anxiety and depression with sick notes’

    August 2, 2025
    Aston Martin sells F1 team stake for $146m amid financial struggles

    Aston Martin sells F1 team stake for $146m amid financial struggles

    August 1, 2025
    Trump ends de minimis tariff exemption, hitting UK exporters and global e-commerce

    Trump ends de minimis tariff exemption, hitting UK exporters and global e-commerce

    August 1, 2025
    Supreme Court ruling blocks car finance payouts for millions of consumers

    Supreme Court ruling blocks car finance payouts for millions of consumers

    August 1, 2025

    Disclaimer: 5GInvestmentNews.com, its managers, its employees, and assigns (collectively “The Company”) do not make any guarantee or warranty about what is advertised above. Information provided by this website is for research purposes only and should not be considered as personalized financial advice.
    The Company is not affiliated with, nor does it receive compensation from, any specific security. The Company is not registered or licensed by any governing body in any jurisdiction to give investing advice or provide investment recommendation. Any investments recommended here should be taken into consideration only after consulting with your investment advisor and after reviewing the prospectus or financial statements of the company.

    • Privacy Policy
    • Terms & Conditions

    Copyright © 2024 5GInvestmentNews. All Rights Reserved.

    No Result
    View All Result
    • Home
    • Privacy Policy
    • suspicious engagement
    • Terms & Conditions
    • Thank you

    © 2025 JNews - Premium WordPress news & magazine theme by Jegtheme.