international travel – Author Carlo Carrasco

Portuguese Woman Apprehended in Thailand for Overstaying by 1,807 Days

October 22, 2026October 16, 2026carlocarrasco

Recently in Thailand, a woman from Portugal was arrested after she overstayed in the country by more than one thousand and eight hundred days, according to a news article by VnExpress. The Portuguese’s permission to stay in the country expired on January 11, 2021.

To put things in perspective, posted below is an excerpt from the news article of VnExpress. Some parts in boldface…

A Portuguese woman was arrested in Phuket, Thailand, after police discovered she had overstayed her visa by 1,807 days.

The arrest took place on Oct. 13 when immigration officers inspected a restaurant in Koh Kaew, Muang Phuket, as part of a campaign targeting foreign nationals accused of immigration offenses, according to Khaosod English.

When asked for identification, she could not produce her passport, showing officers only a photograph of it on her phone.

Officers then used Thailand’s immigration biometric system to confirm her details, revealing that she had entered Thailand through Suvarnabhumi Airport on March 20, 2020, under a 30-day visa-exemption scheme and later received an extension.

Her permission to stay had expired on Jan 11, 2021. The suspect has been charged with remaining in the country illegally.

Under Thai laws, she faces up to two years in prison, a fine of up to 20,000 baht (US$596), or both for remaining in the country without permission.

According to The Phuket News, an immigration spokesperson said authorities are stepping up checks to find and arrest foreigners staying illegally in the country.

Let me end this piece by asking you readers: What is your reaction to this development? Do you think there are still a lot of foreigners who overstayed in Thailand? What do you think is the main reason why foreigners overstayed there?

You may answer in the comments below. If you prefer to answer privately, you may do so by sending me a direct message online.

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Thank you for reading. If you find this article engaging, please click the like button below, share this article to others and also please consider making a donation to support my publishing. If you are looking for a copywriter to create content for your special project or business, check out my services and my portfolio. Feel free to contact me with a private message. Also please feel free to visit my Facebook page Author Carlo Carrasco and follow me on Twitter at @CarloCarrascoPH as well as on Tumblr at https://carlocarrasco.tumblr.com/ and on Instagram at https://www.instagram.com/authorcarlocarrasco

HCMC Transforms into Vietnam’s Shopping Hotspot

October 20, 2026October 18, 2026carlocarrasco

When it comes to touring Southeast Asia, which particularly city do you think is ideal for shopping? In recent times, a booming fashion scene backed with strong social media exposure and promotions is turning Ho Chi Minh City in Vietnam as a major shopping hotspot and the shopping craze there is only intensifying, according to an article by VnExpress.

To put things in perspective, posted below is an excerpt from the article of VnExpress. Some parts in boldface…

Ho Chi Minh City is quickly becoming a shopping hotspot, thanks to a booming fashion scene that has been promoted widely on TikTok and Instagram as both affordable and accessible.

Chloe, a 22-year-old traveler from Australia, arrived on Tran Quang Dieu Street at the end of September with an empty suitcase and spent nearly US$800 in a single afternoon on clothes.

She planned to stay in Vietnam for a few weeks before returning home, saying: “I was inspired by a TikToker who came here with an empty suitcase just to fill it by shopping here.”

“The clothing quality is incredible, and everything is so cheap it feels surreal. It is like paradise for me.”

Recently, Ho Chi Minh City earned a spot among the 50 most attractive shopping destinations globally in a ranking by Travel and Tour World, a leading Indian travel publication.

The city is an ideal destination for travelers seeking handcrafted goods, textiles, and Vietnamese-style fashion, the report said.

Chloe is far from the only tourist visiting just for shopping.

Jasmine, a 26-year-old from Malaysia, says she travels to Vietnam specifically to buy clothes worn by her favorite idols.

“I am a huge K-pop fan, and I think Vietnamese clothing not only makes it easy to connect with my idols, but walking the fashion streets here also makes me feel amazing.”

She says she discovers brands and shopping locations primarily through Instagram, adding, “Every time I try on something here, I know I can afford it.”

Tina Yong, a prominent content creator with nearly four million followers, whose viral “Vietnam Haul” videos have helped put the local scene on the global map, points out that the appeal lies in discovery.

“People love discovering a brand they haven’t seen everywhere already.

“The designs are what catch my eye first, but the quality is what makes me go back.”

Other visitors echo this sentiment.

A visitor from Singapore says Vietnamese clothing craftsmanship is remarkable. She says she can buy about 10 times as many trendy items in Ho Chi Minh City, and for a fraction of the cost back home.

According to U.K. magazine Conde Nast Traveller, Vietnamese retail stands out for its high-quality craftsmanship and use of the same production lines as global brands like Nike and GAP at a cost that is a fraction of western retail prices.

The rise in foreign shopper numbers has changed how local boutique owners run their stores.

Nguyen Huu Hoang, 22, consultant for a shop on Le Van Sy, a famous retail street in HCMC, says foreigners make up 80-90% of his shop’s clientele, most of them walk-in customers.

To reach them, his brands focus on Instagram, posting regular “fit-check” videos to turn online views into real store visits.

For added insight about shopping in HCMC, watch the video below.

Let me end this piece by asking you readers: What is your reaction to this development? Do you think Ho Chi Minh City’s strong appeal as a major fashion and shopping hot spot will last for several years and contribute a lot to the economy of Vietnam? Do you personally know anyone who visited Vietnam mainly for shopping? Do you think there are lots of people who are too influenced by social media to come to go overseas with shopping in mind?

You may answer in the comments below. If you prefer to answer privately, you may do so by sending me a direct message online.

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Leechiu Property Consultants Sees Lower Foreign Tourist Arrivals to the Philippines this Year

October 17, 2026October 12, 2026carlocarrasco

During its recent media briefing, property consultancy firm Leechiu Property Consultants Inc. (LPC) says it expects foreign tourist arrivals to the Philippines to be lower this year compared to what was achieved in 2025 due to factors like higher fuel prices and other factors, according to a Manila Bulletin news report.

To put things in perspective, posted below is an excerpt from the news report of the Manila Bulletin. Some parts in boldface…

Leechiu Property Consultants Inc. (LPC) expects foreign tourist arrivals to the Philippines to be lower this year compared with 2025 due to higher fuel costs and more expensive travel.

The number of tourists to the Philippines was flat at 4.4 million in the first eight months of 2026 compared with the same period last year after arrivals started to decline from May to August.

During LPC’s third-quarter media briefing last week, LPC senior manager of hotels, tourism, and leisure Adam Domingo said arrivals grew steadily in the first quarter, peaking at 12-percent growth in February, before momentum stalled in April and turned negative year-on-year from May onward.

The closure of the Strait of Hormuz amid the Iran conflict doubled jet fuel prices, pushing up airfares and prompting flight cuts. Full-year arrivals are now expected to fall below 2025 levels.

“Unless we change how we do tourism at a basic level, foreign arrivals are likely to stay near today’s levels into next year,” noted Domingo.

He added, “The clearest evidence for what works comes from China and India. Where the Philippines made travel easier, through visa-free entry and additional direct flights, arrivals from both markets grew by more than 50 percent in the first quarter, and China has sustained that pace since February. Reducing travel friction produces results.”

The same logic shows up in the hotel pipeline, with about 70 percent of planned hotel rooms located in areas with direct international flights, which shows that private developers are building where access is strongest.

However, there is a gap as some destinations with strong private-sector commitment, such as Puerto Princesa City in Palawan province, are served by international airports that sit underused because they have no direct international routes.

“Developers are betting on these places, but travelers cannot yet fly to them directly. Government can match that commitment quickly by introducing direct international routes to these destinations. Compared with building or expanding airports, new routes can be put in place sooner and can lift arrivals faster,” said Domingo.

On domestic tourism, which earns four times what foreign travelers bring in, Domingo said, “we also need a closer look at the relocation of turboprop flights from Ninoy Aquino International Airport (NAIA) to Clark. Island destinations that depend on turboprops report that business is down.”

Let me end this post by asking you readers: What is your reaction to this recent development? Do you think the Philippines will end up having lower foreign tourist arrivals this year compared to last year? Do you think the national government neglected the tourism industry this year due to its hosting of the Association of Southeast Asian Nations (ASEAN) Summit and meetings at the United Nations (UN)?

You may answer in the comments below. If you prefer to answer privately, you may do so by sending me a direct message online.

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Vietnam Tourism Insiders Say Easier Entry, Stronger Connectivity and Better Tourism Services Are Needed

October 13, 2026October 6, 2026carlocarrasco

Having attracted almost eighteen million foreign tourists in the first nine months of 2026, Vietnam is clearly one of the must-visit places not only in Southeast Asia but in Asia as a whole. For some tourism insiders, however, Vietnam needs easier entry, strong connectivity by air and land and better tourism services to bridge the so-called competitiveness gap with its Southeast Asian neighbors, according to a news article by VnExpress.

To put things in perspective, posted below is an excerpt from the news article of VnExpress. Some parts in boldface…

Vietnam needs easier entry, stronger air and land connectivity, better tourism services, and stricter environmental enforcement to bridge its competitiveness gap with Southeast Asian rivals, tourism insiders have said.

The country climbed seven places to 52nd out of 110 economies in the World Economic Forum’s 2026 Travel and Tourism Development Index, its highest ranking since the Covid-19 pandemic.

But it ranked behind major Southeast Asian markets. Singapore was 13th globally, Indonesia was 23rd, Malaysia was 26th, and Thailand was 38th.

The expansion of visa-free policy for more nationalities remains an important feature of Vietnam’s strategy to develop its tourism industry.

Martin Koerner, commercial director of The Anam Group, a chain of Vietnamese luxury resorts, tells VnExpress International: “Vietnam should continue to make entry as frictionless as possible. Visa policies have improved considerably, but we should continue benchmarking ourselves against the easiest destinations in the region.”

Every additional administrative barrier matters when an international traveler can choose between Vietnam, Thailand, Malaysia, Indonesia, and other destinations, he says.

Vietnam has made it easier for foreign visitors to enter and stay in the country, including through 90-day e-visas and 45-day visa exemptions for citizens of 24 countries, including several in Europe.

But the country has not yet waived visas for some major tourism markets such as China and India, unlike Malaysia, Thailand, and the Philippines.

Vietnam also needs stronger air connectivity, with more direct flights from major cities in Europe, Australia, North America, India, and the Middle East as connections influence long-haul travelers’ destination choices, Koerner adds.

Dr Matt Kim, a lecturer in tourism and hospitality management at RMIT Vietnam, says infrastructure and accessibility require further improvement, particularly international air connectivity and transport links between destinations in the country.

Long Thanh International Airport scheduled to begin commercial operation later this year will be transformational, but an airport alone does not create a destination, he says.

Efficient connections between airports and tourism centers, better roads, rail infrastructure, and seamless domestic transportation will be equally important, he says.

He wants the tourism industry to improve service quality and develop skilled professionals.

“To compete more effectively with regional destinations such as Thailand and Singapore, Vietnam needs to improve not only its facilities, but also service standards and professional training.“

Environmental pollution is another concern, with foreign tourists frequently complaining about it despite praising Vietnam’s scenery.

Let me end this piece by asking you readers: What is your reaction to this development? Do you agree with the opinions of the tourism insiders about what Vietnam needs to do to remain competitive with its regional neighbors? If you have been to Vietnam over the past six months, how do you rate the quality of entry, tourism services, air-land connectivity and the tourism workers? With the way things are going now, do you think Vietnam will be able to attract 30 million foreign tourists in 2027 or 2028?

You may answer in the comments below. If you prefer to answer privately, you may do so by sending me a direct message online.

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Vietnam Attracts 522,000 Visitors from the Philippines During First 9 Months of 2026

October 10, 2026October 3, 2026carlocarrasco

The Philippines, which is currently the host of the ASEAN Summit and is also one of the economic weaklings of Southeast Asia, continues to grow tremendously as a tourism market for Vietnam as an estimated 522,000 Filipinos visited the said nation during the first nine months of 2026, according to a news report by VnExpress.

It should be noted that more than 480,000 Filipinos visited Vietnam for the entire year of 2025, and the Philippines is one of the fastest growing tourism markets for the Vietnam tourism industry this year along with Russia.

Historically speaking, the number of Philippine visitors welcomed by Vietnam was 49,266 in 2022, 153,168 in 2023, 265,947 in 2024 and 482,173 in 2025. At 522,000 as of the end of September, the number of Philippine visitors arriving in Vietnam could reach around 700,000 by the end of this year.

To put things in perspective, posted below is an excerpt from the news report of VnExpress. Some parts in boldface…

Vietnam welcomed 17.7 million international visitors in the first nine months of 2026, up 14.5% year-on-year, bucking a decline in arrivals across several Southeast Asian destinations.

Mainland China remained Vietnam’s largest source market, with 3.95 million visitors, accounting for about 22.3% of the total. South Korea ranked second with approximately 3.05 million visitors, or 17.3%.

Russia ranked third with 1.1 million, followed by Taiwan (964,000) and the U.S. (746,000), according to the General Statistics Office.

The rest of the top 10 were Cambodia (688,000), Japan (674,000), India (670,000), the Philippines (522,000) and Australia (485,000).

In September, foreign visitors declined by 11.3% from August but rose by 16.5% year-on-year to 1.77 million.

Let me end this post by asking you readers: What is your reaction to this recent development? Considering the strong interest of Filipinos to visit Vietnam, do you think it is possible for Vietnam to attract at least one million visitors from the Philippines next year if not this year? Do you think more Filipinos will realize the great value they could get by visiting Vietnam?

You may answer in the comments below. If you prefer to answer privately, you may do so by sending me a direct message online.

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Singapore Leads Southeast Asia in Tourism Development

October 9, 2026October 3, 2026carlocarrasco

Singapore emerged as the best among the economies of Southeast Asia in the 2026 Travel and Tourism Development Index of the World Economic Forum (WEF), according to a news report of VnExpress. Globally, Singapore ranked 13^th in a field of 110 economies.

To put things in perspective, posted below is an excerpt from the news report of VnExpress. Some parts in boldface…

Singapore ranked 13th among 110 economies in the World Economic Forum’s 2026 Travel and Tourism Development Index, the highest position among ASEAN.

The city state scored 4.89 points, up 3.4 percentage points from 2024 in the biennial ranking released on Friday by the World Economic Forum, an international advocacy non-governmental organization and think tank based in Switzerland.

Indonesia ranked at 23rd, followed by Malaysia at 26th, Thailand at 38th, Vietnam at 52nd, the Philippines at 57th, and Laos at 75th.

The index measures factors and policies that enable sustainable and resilient development of tourism like business environment, safety and health conditions, price competitiveness, air transport infrastructure, ground and port infrastructure, tourist services and infrastructure, natural resources, and cultural resources.

Singapore received high scores in business environment, safety and security, travel policy and enabling conditions, and infrastructure and services.

Singapore, the second largest economy in Southeast Asia after Indonesia by nominal GDP, is known for its strict laws and low crime rates. It has earned (its) reputation as one of the safest countries in Asia.

The city-state is ramping up investment in large-scale tourism infrastructure as it seeks to strengthen its position as a leading travel and business hub in Asia.

The government announced a S$740 million (US$584 million) tourism funding package, more than twice the S$300 million allocated under the Tourism Development Fund in 2024, in May to strengthen industry resilience until 2040.

You may answer in the comments below. If you prefer to answer privately, you may do so by sending me a direct message online.

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P50-million Expansion Facility of New Asahi Group Subic Trading Corp. in Subic Bay Freeport Zone Inaugurated

October 7, 2026October 1, 2026carlocarrasco

New Asahi Group Subic Trading Corporation – a dynamic commercial vehicle dealership and direct importer specializing in reconditioned Japanese surplus trucks and other types of industrial machines – formally inaugurated its P50 million facility inside the Subic Bay Freeport Zone (SBFZ), according to the official announcement by the Subic Bay Metropolitan Authority (SBMA).

To put things in perspective, posted below is an excerpt from the official announcement. Some parts in boldface…

Reflecting the robust growth of the trucking industry within the Freeport zone, New Asahi Group Subic Trading Corp. inaugurated its PHP 50-million expansion facility at the Tipo Hightech Eco Park (THEP) on September 21, 2026.

“The Subic Bay Metropolitan Authority (SBMA) takes great pride in developments like this,” said SBMA Chairman and Administrator Eduardo Jose L. Aliño. “A Freeport’s strength lies in the enterprises that choose to invest, expand, and remain within its borders.”

Aliño noted that New Asahi Group’s decision to consolidate its expertise in sourcing, importation, reconditioning, fabrication, and after-sales support under the Apex Trucks brand, and to do so here in Subic, is a strong vote of confidence in both the Freeport and the favorable business (climate) that the SBMA diligently maintains.

The expansion spans 5,231.60 square meters within THEP and is projected to create 25 additional jobs. The facility will handle importation, exportation, transshipment, warehousing, rebuilding, and trading of trucks, buses, as well as heavy and industrial equipment.

New Asahi Group Subic Trading Corporation specializes in the dealership and importation of commercial vehicles, focusing on reconditioned Japanese trucks, heavy equipment, and industrial machinery. Operating under the Apex Trucks name, the company is involved in the import, export, transshipment, storage, rebuilding, and wholesale of trucks, buses, heavy and industrial equipment, along with new and used spare parts and accessories.

The inauguration ceremony was graced by prominent figures including SBMA Chairman Eduardo Jose L. Aliño; New Asahi Group Chairman Ahamed Mohamed Mohamed Hussain; President Shukry Hussain; CEO Riza Nazeer; SBMA Senior Deputy Administrator for Business & Investment Barney W. Lee III; and Olongapo City Mayor Atty. Rolen C. Paulino, Jr., who collectively led the ribbon-cutting.

Representatives from the Embassy of Sri Lanka in the Philippines, along with Xantheng (Subic) International Corporation (XSIC) President Simon Su and XSIC Vice-President for Operations Kelly Uy, were also in attendance.

Subic Bay Freeport Zone continues to manage a consistent inflow of truck and heavy equipment imports through its major locators.

Let me end this post by asking you readers: What is your reaction to this recent development? Do you feel confident that this expansion inside the SBFV will inspire the remaining freeport investors to maintain their operations?

You may answer in the comments below. If you prefer to answer privately, you may do so by sending me a direct message online.

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Thank you for reading. If you find this article engaging, please click the like button below, share this article to others and also please consider making a donation to support my publishing. If you are looking for a copywriter to create content for your special project or business, check out my services and my portfolio. Feel free to contact me with a private message. Also please feel free to visit my Facebook page Author Carlo Carrasco and follow me on Twitter at @CarloCarrascoPH as well as on Tumblr at https://carlocarrasco.tumblr.com/ and on Instagram at https://www.instagram.com/authorcarlocarrasco

Strategic Partnership Between SBMA and Hellenic ASEAN Business Council Established

October 6, 2026October 1, 2026carlocarrasco

Economic cooperation and growth between the Philippines and Greece got boosted recently as a result of the Subic Bay Metropolitan Authority (SBMA) and Hellenic ASEAN Business Council (HABC) formally signing the Memorandum of Understanding (MOU) which sealed a strategic partnership, according to the official announcement by the SBMA. As of this writing, five foreign companies have expressed interest to invest within the Subic Bay Freeport Zone.

To put things in perspective, posted below is an excerpt from the official announcement. Some parts in boldface…

The Subic Bay Metropolitan Authority (SBMA) and the Hellenic ASEAN Business Council (HABC) have formalized a strategic partnership through a Memorandum of Understanding (MOU) to enhance economic cooperation and growth between Greece and the Philippines.

The MOU was signed on 17 September 2026 at Building 225 in Subic Bay Freeport by SBMA Chairman and Administrator Eduardo Jose L. Aliño and HABC Chairman Nick Stasinopoulos. The agreement aims to promote bilateral trade, investment, tourism, logistics, maritime cooperation, infrastructure development, and sustainable economic growth, leveraging active engagement from both private sectors and institutional partners.

This collaboration will spotlight investment opportunities within the Subic Bay Freeport Zone (SBFZ) and facilitate business matching, trade delegations, and commercial ventures in key sectors. Specific areas of focus include shipbuilding, ship repair, port operations, logistics, marine maintenance, tourism, cruise terminal development, and waterfront enhancements.

“Subic Bay has evolved into one of the Philippines’ premier investment and economic hubs,” said Aliño. “We are proud to welcome HABC and the broader Hellenic business community as partners in this promising new chapter. This agreement represents a shared commitment to fostering enduring ties that will benefit both our nations for years to come.”

Stasinopoulos emphasized the significance of the pact, noting, “Today’s signing marks a vital milestone in strengthening the relationship between Greece and the Philippines. Our partnership builds on ongoing dialogues, visits, and direct exchanges between both sides.”

Highlighting the maritime sector’s role, he added, “The synergy between our countries is undeniable — Greece is home to the world’s largest maritime communities, while the Philippines is a key contributor to the global maritime workforce. Subic Bay has emerged as a crucial maritime and economic hub, integrating port operations, logistics, manufacturing, and investment.”

The HABC chairman outlined the council’s objectives under the agreement: “We aim to facilitate greater exchanges between Greek and Philippine maritime stakeholders, identify mutual investment opportunities, foster business partnerships, and encourage the sharing of knowledge and expertise.”

Five companies have already expressed interest in investing within the SBFZ, including ERMA Tech Group, a global leader in sustainable maritime technologies specializing in decarbonization, water and wastewater treatment, and marine equipment solutions. Also among the interested investors is Fontanakis Ship Repair, a Piraeus-based Greek company specializing in ship repairs, dry-docking services, engineering studies, and yacht building and restoration.

Let me end this post by asking you readers: What is your reaction to this recent development? Do you feel confident that trade and cooperation between Greece and the Philippines will create positive economic impact in the near future? Do you think this will make the Subic Bay Freeport Zone even more attractive to foreign investors?

You may answer in the comments below. If you prefer to answer privately, you may do so by sending me a direct message online.

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Thank you for reading. If you find this article engaging, please click the like button below, share this article to others and also please consider making a donation to support my publishing. If you are looking for a copywriter to create content for your special project or business, check out my services and my portfolio. Feel free to contact me with a private message. Also please feel free to visit my Facebook page Author Carlo Carrasco and follow me on Twitter at @CarloCarrascoPH as well as on Tumblr at https://carlocarrasco.tumblr.com/ and on Instagram at https://www.instagram.com/authorcarlocarrasco

Vietnam Attracts 17.7 Million Foreign Tourists in First 9 Months of 2026

October 5, 2026October 3, 2026carlocarrasco

Vietnam successfully attracted 17.7 million foreign tourists during the first nine months of 2026 having China, South Korea and Russia as their top 3 tourist markets, according to a news report by VnExpress. As it currently stands, Vietnam saw its foreign tourist count rise by 14.5% compared to the year before and it is looking more likely for the nation to exceed its 2025 overall foreign tourist count of 21.2 million by the end of this year.

To put things in perspective, posted below is an excerpt from the news report of VnExpress. Some parts in boldface…

Vietnam welcomed 17.7 million international visitors in the first nine months of 2026, up 14.5% year-on-year, bucking a decline in arrivals across several Southeast Asian destinations.

Mainland China remained Vietnam’s largest source market, with 3.95 million visitors, accounting for about 22.3% of the total. South Korea ranked second with approximately 3.05 million visitors, or 17.3%.

Russia ranked third with 1.1 million, followed by Taiwan (964,000) and the U.S. (746,000), according to the General Statistics Office.

The rest of the top 10 were Cambodia (688,000), Japan (674,000), India (670,000), the Philippines (522,000) and Australia (485,000).

In September, foreign visitors declined by 11.3% from August but rose by 16.5% year-on-year to 1.77 million.

Martin Koerner, commercial director of The Anam Group, a chain of luxury resort hotels in Vietnam, said what is particularly encouraging is Vietnam’s diversification of source markets.

European arrivals increased by more than 50%, while arrivals from markets including the United States, Australia and India also recorded strong growth. This makes Vietnam less dependent on only one or two major Asian source markets, he added.

“Vietnam is no longer seen simply as an inexpensive holiday destination. Increasingly, it is being

recognized as a destination capable of delivering sophisticated, world-class hospitality,” Koerner said.

Several Southeast Asian countries have faced declines in international arrivals amid the impact of the Middle East crisis.

Let me end this piece by asking you readers: What is your reaction to this development? Have you visited Singapore over the past twelve months? Do you think Singapore can keep innovating and improving itself on tourism development? Do you know anyone who visited Vietnam recently and mentioned positive things about their tour? How interested are you right now to visit Vietnam?

You may answer in the comments below. If you prefer to answer privately, you may do so by sending me a direct message online.

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Subic Bay International Airport Swiss Challenge Bidding Reset Again

October 3, 2026September 29, 2026carlocarrasco

The anticipated Swiss challenge bidding for the Subic Bay International Airport (SBIA) has been reset once more as the Subic Bay Metropolitan Authority (SBMA) extended again the deadline for the submission of comparative proposals as a result of making corrections on bidding parameters, according to a BusinessMirror news report.

To put things in perspective, posted below is an excerpt from the BusinessMirror report. Some parts in boldface…

The Subic Bay Metropolitan Authority (SBMA) has again extended the deadline for the submission of comparative proposals for the Subic International Airport (SIA) project after making corrections on bidding parameters for the P6.2 billion project to transform the Subic airfield into a modern high-capacity cargo and logistics hub.

In a bid bulletin, the SBMA Prequalification, Bids and Awards Committee (PBAC) said it will issue the final draft PPP (public-private partnership) contract or final bid bulletin on October 15, instead of September 29 as scheduled earlier.

Consequently, the opening of qualification documents from bidders will be held on November 16, instead of October 29, the SBMA-PBAC added.

The revised bidding schedule came about alongside corrections made by the SBMA on the bid parameters that defined the guaranteed fixed annual payment for the 25-year development contract.

The SBMA-PBAC clarified that while the base concession remittance amount submitted by the challenger for Contract Year 1 shall apply to the first seven years, the same shall be subject to an annual escalation of 1.5 percent beginning Contract Year 8 until its expiry on the 25th year.

The PBAC also clarified that the bid amount should be expressed as a fixed amount in Philippine pesos, and not as a percentage.

Following the revised bidding schedule, the SBMA also set the deadline for payment of participation fees by challengers at seven calendar days before the deadline of submission and opening of the comparative proposals. The participation fee has been set at the non-refundable amount of P1.4 million.

This was the second extension made for the bidding after the formal launch of the Swiss challenge for the Subic airport project on April 28 this year.

The SBMA opened the Subic airport project for comparative proposals, or Swiss challenge, after approving the unsolicited proposal by original proponent Cerberus Asia Pacific Investments LLC.

Cerberus Asia Pacific, a key affiliate of the New York-based alternative investment firm Cerberus Capital Management, presented its original proposal to the SBMA on March 26 last year.

The project includes the rehabilitation and comprehensive upgrading of existing facilities to restore them to full operational condition; operational and infrastructural improvements to enhance airport safety and regulatory compliance; and development of new airport infrastructure and acquisition of equipment to expand airport capacity, improve operational efficiency, and support new service offerings.

Let me end this post by asking you readers: What is your reaction to this recent development? Do you think the corrections made by the SBMA will turn out final and legally sound so that the bidding can finally push through?

You may answer in the comments below. If you prefer to answer privately, you may do so by sending me a direct message online.

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Thank you for reading. If you find this article engaging, please click the like button below, share this article to others and also please consider making a donation to support my publishing. If you are looking for a copywriter to create content for your special project or business, check out my services and my portfolio. Feel free to contact me with a private message. Also please feel free to visit my Facebook page Author Carlo Carrasco and follow me on Twitter at @CarloCarrascoPH as well as on Tumblr at https://carlocarrasco.tumblr.com/ and on Instagram at https://www.instagram.com/authorcarlocarrasco

For more South Metro Manila community news and developments, come back here soon. Also say NO to fake news, NO to irresponsible journalism, NO to misinformation, NO to plagiarists, NO to reckless publishers and NO to sinister propaganda when it comes to news and developments. For South Metro Manila community developments, member engagement, commerce and other relevant updates, join the growing South Metro Manila Facebook group at https://www.facebook.com/groups/342183059992673

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