PNA.gov.ph – Page 19 – Author Carlo Carrasco

Philippine exports of goods and services surpassed $100 billion in 2023

April 11, 2024April 2, 2024carlocarrasco

For the year 2023, Philippine exports of good and services reached over $100 billion based on the balance of payments (BOP) from the Bangko Sentral ng Pilipinas (BSP), according to a Philippine News Agency (PNA). By comparison, less than $100 billion was achieved in 2022.

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

Despite global trade challenges, Philippine exports surpassed the USD100-billion mark in 2023, an all-time high revenue for the country’s outbound trade.

The Department of Trade and Industry (DTI) said in a statement Monday that based on the balance of payments (BOP) from the Bangko Sentral ng Pilipinas (BSP), exports of goods and services reached USD103.6 billion. This is higher by 4.8 percent from the total exports of USD98.8 billion in 2022.

DTI Secretary Alfredo Pascual said this is the first time the Philippines breached the USD100-billion mark in export revenues.

Pascual said the strong exports last year was driven by services, especially the information technology and business process management (ITBPM) and tourism services.

Services exports rose 17.4 percent in 2023 to USD48.29 billion from USD41.12 billion in 2022.

According to the Information Technology and Business Process Association of the Philippines, ITBPM revenues last year stood at USD35.5 billion, while government data showed that travel services reached USD9.1 billion last year.

On the other hand, exports of goods last year declined by 4.1 percent to USD55.32 billion from USD57.71 billion in 2022.

The country’s top goods export alone, electronics, decreased by 3.4 percent or USD955 million in 2023 compared to its previous year.

“This decline highlights the importance of diversifying export portfolios and enhancing competitiveness in key sectors,” the DTI said.

“The path to global excellence and export growth requires shared ambition, where the government and the private sector must intensify and sustain collaborations. Our guideline is the Philippine Export Development Plan (PEDP) 2023-2028, which aims to address constraints to production, diversify and improve access to markets, and develop a strong and innovative export ecosystem,” Pascual said.

However, export revenues last year were USD23.2 billion away from the PEDP target of USD126.8 billion for 2023.

“We recognize the ongoing challenges in both the domestic and global trading environments and hope to address the binding constraints to Philippine export competitiveness as we continue to implement the PEDP for 2023 to 2028,” the DTI chief added.

Let me end this piece by asking you readers: What is your reaction to this recent development? Do you think the Philippines can achieve at least $100 billion worth of export revenue this year?

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 @HavenorFantasy as well as on Tumblr at https://carlocarrasco.tumblr.com/ and on Instagram athttps://www.instagram.com/authorcarlocarrasco

Two CPP-NPA members charged for financing terrorism

April 8, 2024March 27, 2024carlocarrasco

Two members of the Communist Party of the Philippines/New People’s Army (CPP-NPA) were charged for financing terrorism and the Department of Justice (DOJ) claims it found compelling evidence against the suspects, according to a Philippine News Agency (PNA) news article.

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

The Department of Justice (DOJ) on Wednesday said it found compelling evidence to indict two members of the Communist Party of the Philippines/New People’s Army (CPP-NPA) responsible for collecting revolutionary funds and financing terrorism.

Following information gathered by the Philippine National Police–Criminal Investigation and Detection Group (PNP-CIDG), accused Leonor Taguinod Dumlao and Valentin Cruz Tolentino will be charged with violation of Section 8 of R.A. No. 10168, known as “The Terrorism Financing Prevention and Suppression Act of 2012.”

The charges will be filed before the Batangas City regional trial court, the DOJ said in a statement.

The two were originally arrested under Oplan Paglalansag in Mindoro Oriental and Rizal in August 2023.

According to reports, the two accused possessed firearms and ammunition with no definite source of income or apparent purpose, prompting authorities to initiate background checks and collaborate with intelligence counterparts from the National Bureau of Investigation (NBI) and Intelligence Service of the Armed Forces of the Philippines (ISAFP) to ask the court’s issuance of search warrants against the two.

Authorities discovered firearms, ammunition, improvised explosive devices (IEDs), IED components, and a significant sum of money.

Dumlao and Tolentino, the DOJ said, are alleged members of the National Finance Commission (NFC) of the CPP/NPA which had direct involvement in demanding money from construction firms, telecommunication companies, bus companies, mining companies, and businessmen in the guise of “revolutionary taxes.”

The two were also allegedly responsible for the creation of the National Economic Striking Force (NESF) of the CPP/NPA, which serves as security of the “Rebolusyonaryong Buwis sa Kaaway na Uri” or the RBKU.

“We will never let even an inch of terrorism’s tyranny sow fear among our citizens, much more let the cowards behind this menace run free. This is a time when we Filipinos should fortify our resolve and show our resilience in fighting this evil,” Justice Secretary Jesus Crispin Remulla said.

Let me end this piece by asking you readers: What is your reaction to this recent development? Do you think there are several Communists here in the Philippines who are secretly financing terrorism, smuggling weapons and plotting chaos? Do you think the young leftist activists living in your local community could secretly be agents of the CPP/NPA?

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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Scammers who pretended to be DBM personnel arrested by NBI

April 8, 2024March 27, 2024carlocarrasco

Here in the Philippines, scammers are almost everywhere. There are scammers who will send you direct electronic messages or call you with offers of job openings, promos, investment opportunities, subscriptions and the like. What caught my attention was the National Bureau of Investigation’s (NBI) recent apprehension of scammers who posed as personnel of the Department of Budget and Management (DBM), according to a news article published by the Philippine News Agency (PNA).

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

Operatives of the National Bureau of Investigation (NBI) arrested on Tuesday eight individuals pretending to be officials and employees of the Department of Budget and Management (DBM) in an entrapment operation in Mandaluyong City.

The DBM, in a news release Wednesday, said one of the suspects introduced herself to the complainant as an Undersecretary of the DBM supposedly in charge of the agency’s “special projects.”

The scammers promised the complainant, who is a project contractor, access to some PHP1.3 billion worth of government projects involving the construction of a dam.

The suspects assured the complainant that the project will be awarded to her once “grease money” was provided for the project’s “Blue Print” to initiate the processing of documents for the project award.

The illicit activity was uncovered after the contractor conducted an initial verification with the DBM.

After receiving and accommodating the complaint, the DBM sought the help of the NBI to carry out an entrapment operation where the suspects were arrested after accepting the PHP500,000 marked money.

“Mariin po nating kinokondena ang ganitong klaseng gawain. May proseso po tayong sinusunod na naaayon sa mga umiiral na batas (We strongly condemn this kind of activity. We have a process that is consistent with existing laws),” Budget Secretary Mina Pangandaman said.

She said the DBM is hoping that the incident will “send a strong statement to the public” that it will never tolerate fraudulent activities.

“Seryoso po ang DBM sa paglaban sa katiwalian gaya po ng ganitong mga gawain. Kaya naman po hinihikayat ko po ang taumbayan na agad magsumbong at i-report kung may mga mae-encounter sila na ganitong mga indibidwal (The DBM is serious about fighting corruption. That’s why I encourage the people to immediately report if they encounter scrupulous individuals),” Pangandaman added.

Let me end this piece by asking you readers: What is your reaction to this recent development? Are you concerned that there could be a lot more scammers out there pretending to be representatives or officials of government departments or corporations trying to deceive people over their money? Have you been scammed before?

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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Tourist spots in New Bilibid Prison?

April 5, 2024March 26, 2024carlocarrasco

If plans between the different authorities indeed push through, then it would mean that tourist spots inside the New Bilibid Prison (NBP) in Muntinlupa City will be realized, according to a news article by the Philippine News Agency (PNA).

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

Plans are afoot to convert historical sites inside the New Bilibid Prison (NBP) in Muntinlupa into possible tourist sites following a Monday meeting between Bureau of Corrections (BuCor) Director General Gregorio Pio P. Catapang Jr. and Muntinlupa City Mayor Rozzano Rufino B. Biazon.

During the meeting attended by officials from BuCor, the Department of Justice, and the city government, Catapang assured his full support to revive the Muntinlupa’s economy through tourism, the BuCor said in a statement on Tuesday.

Included in the circuit tours inside the NBP being eyed by the Muntinlupa City Tourism Culture and Arts Department are: Kiyosi Oshawa Shrine / Memorial for Peace Shrine; the Jamboree Lake, the smallest lake in the Philippines; Director’s Quarters – Presently the official residence of the Bureau of Corrections Director General; Lethal injection and Death Chamber, which has since been mothballed following the suspension of the death penalty; Japanese Cemetery, a garden cemetery located inside the NBP Reservation Compound dedicated to the Japanese Soldiers who died in Muntinlupa; Memorial Hill, the burial place of Major Eriberto B. Misa Sr. which served as a tribute to the former Bureau of Prison Director for his 12 years of service, making him the longest-serving prison director up to this date.

The government earlier announced plans to decongest the overpopulated penal facility and convert it into a high-value multi-use development once the inmates are relocated to other facilities throughout the country by 2028.

In November last year, prison officials said an open park at the heart of Metro Manila similar to Central Park in New York, is among the components of the plan by the BuCor to develop the NBP.

Catapang said that Justice Secretary Crispin Remulla’s vision for the property is to turn a 100-hectare lot of the more than 350 hectares of NBP into an open park, while the remaining area will be for a mixed-use space to house a government center, and lease parts to private entities to generate funds for the national government.

Let me end this post by asking you readers: What is your reaction to this recent development? If you are a resident of Muntinlupa City, do you see any potential benefit of establishing tourist spots inside the NBP?

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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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 engagements, commerce and other relevant updates, join the growing South Metro Manila Facebook group at https://www.facebook.com/groups/342183059992673

P170.6-billion NAIA deal signed

March 28, 2024March 18, 2024carlocarrasco

Recently at Malacañang Palace, the ambitious P170.6 billion agreement to rehabilitate and modernize the Ninoy Aquino International Airport (NAIA) was formally signed in the presence of President Ferdinand “Bongbong” Marcos Jr., House Speaker Martin Romualdez and Executive Secretary Lucas Bersamin which symbolically starts the public-private partnership, according to a Philippine News Agency (PNA) news article.

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

The PHP170.6-billion Public-Private Partnership (PPP) agreement for the rehabilitation of the Ninoy Aquino International Airport (NAIA) is expected to herald economic growth through better collaborations with both local and foreign investors, Transportation Secretary Jaime Bautista said Monday.

At the signing of the concession deal between the Department of Transportation (DOTr) and the New NAIA Infra Corp. (NNIC) in Malacañang, Bautista said the PPP project would “open floodgates” of opportunities from investments, business, tourism, and employment.

“We welcome this development for the NAIA PPP Project as this will not only generate revenue for the government but it will also create opportunities for Filipinos. With a modernized NAIA, we are elevating the airport’s facilities and services to international standards,” he said.

The agreement, Bautista said, would send signal to the international business community about the viability of government infrastructure projects.

“This radical transformation comes at no small price Substantial investments in infrastructure and technology will necessitate collaborations with local and foreign partners,” he added.

San Miguel Corporation president and chief executive officer Ramon Ang, for his part, said the NNIC would not only rehabilitate but also improve the airport’s functionality and “establish a new standard in serving excellence.”

“Together with our partner, Incheon, we have assembled a team of experts, focused on implementing immediate improvement, and help us achieve our long-term goal for NAIA,” Ang said.

President Ferdinand R. Marcos who witnessed the signing described the pact as an “investment in our future.”

“This undertaking is not just about revenues that will be remitted to treasury alone, but resources invested in the airport,” Marcos said.

The agreement, signed by Bautista, Ang and Manila International Airport Authority (MIAA) General Manager Eric Ines, covers 15 years with an option for a 10-year extension.

Let me end this piece by asking you readers: What is your reaction about this recent development? Do you think this new public private partnership will succeed with achieving its goals of modernizing the NAIA, creating new jobs and attract both new investments and a higher number of foreign visitors in the years in the come?

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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It’s not right for the ICC to intervene in the judicial process in the Philippines

March 25, 2024March 14, 2024carlocarrasco

We all live in a chaotic and divisive world. In this case, I’m talking about the concept of the International Criminal Court (ICC) based in the Netherlands getting involved in the internal affairs of the Philippines, particularly with the judicial process. President Ferdinand “Bongbong” Marcos, Jr., stood up to the ICC pointing out that the nation has a functioning judiciary, according to a Philippine News Agency (PNA) news article. Be aware that the Philippines severed its ties with the ICC five years ago.

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

It is a “mistake” for the International Criminal Court (ICC) to intervene in the Philippines’ judicial process, President Ferdinand R. Marcos Jr. has said, as he maintained that the country has a functioning judiciary.

Marcos made the remarks during his bilateral meeting with German Chancellor Olaf Scholz on Tuesday in Berlin, Germany, Presidential Communications Office (PCO) Secretary Cheloy Garafil said in a statement on Thursday.

“President Ferdinand R. Marcos Jr. stood firm before German Chancellor Olaf Scholz that the International Criminal Court has no jurisdiction over the Philippines as it remains to have a working judicial system and law enforcement mechanisms,” Garafil said.

During the meeting, Marcos told Scholz that ICC cannot investigate the Philippines’ drug campaign under the Duterte administration because the country is capable of conducting its own probe.

Marcos said there is no need for the international court to meddle, considering that “there are too many lawyers in the Philippines already.”

“And so, it’s really a question of jurisdiction and we have our own investigations and we’re capable of conducting our own investigations and, so we are, we are continuing to do so,” Marcos was quoted as saying by the PCO.

Marcos said the ICC’s apparent intrusion into the Philippine judicial system is something that his administration has to deal with.

He said it is “unacceptable” for an international court to take control over the Philippines where there is a working judicial system and law enforcement mechanisms.

“Well, there is now a conflict between – in terms of jurisdiction because, in our opinion, the ICC was created when a country has no judiciary, no functioning judiciary, no police force to enforce peace and order; enforce law,” Marcos said.

“As a matter of principle, it is very difficult for the Philippines to accept that an outside court will, shall I say, dictate to our policemen, ‘who they will investigate, who they will arrest and who will say, that hey, because we don’t need that advice’,” he added, stressing that the country has a “functioning military and police force that uphold the rule of law.”

In February this year, Marcos said the ICC prosecutors could “produce as much evidence as they want but they could not act upon it in the Philippines.”

Let me end this piece by asking you readers: What is your reaction about this recent development? Do you think that the ICC and its henchmen here in the Philippines are secretly conspiring to weaken the nation’s justice system and the local authorities’ fight against crime? Do you think the latest move by President Marcos will send a clear signal to the internationalist organizations that it is pointless for them to violate the sovereignty of the Philippines?

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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Philippines secures at least $4 billion worth of investments from Germany

March 22, 2024March 13, 2024carlocarrasco

The Philippines has been on a roll lately when it comes to attracting investors and sealing agreements. Following the success of attracting investment from Australia, the Philippines secured from Germany investments worth at least $4 billion (over P220 billion) as President Ferdinand “Bongbong” Marcos and his team went there recently, according to a news article by the Philippine News Agency (PNA). The said amount is more than double than what the nation secured from Australia.

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

The Philippines has secured at least USD4 billion (PHP222 billion) worth of investments in various sectors during President Ferdinand R. Marcos Jr.’s working visit in Germany.

“We have secured business deals worth USD4 billion in Germany, the EU’s economic powerhouse!” he said in a Facebook post Wednesday morning.

“Last year’s significant investments from Germany underscore their confidence in us as a key partner in the Asia-Pacific. We eagerly welcome further collaborations in climate action and energy transition.”

On Tuesday night (Manila time), Marcos became the first Philippine president to address German business leaders in 10 years, coinciding with the 70th anniversary of Philippine-Germany diplomatic relations.

The Philippines and Germany established their diplomatic relations on Oct. 8, 1954.

Marcos also witnessed during the business forum the presentation and exchange of various memoranda of agreement or understanding and letters of intent with different German businesses.

Marcos, in his speech, said Germany is one of the countries that the Philippines is looking forward to further fostering strong business partnerships and collaboration, being one of the biggest economies in the European Union.

He said Germany has the biggest economy both in Gross Domestic Product and population, and a global force in technology and innovation.

“Last year was a testament to the continuing confidence of Germany in the Philippines as a partner in the Asia-Pacific and the ASEAN (Association of Southeast Asian Nations) region by leading among the countries in terms of investments,” Marcos said.

The President also touted the policy reforms and key legislations made by his government to make the Philippines a reliable partner for foreign investors.

In 2022, Germany was the Philippines’ 12th largest trading partner, 10th export market, and 15th import supplier.

Let me end this piece by asking you readers: What is your reaction about this recent development? Do you think that the confirmed investments from Germany will translate into new jobs and new opportunities for social and economic prosperity?

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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COMELEC wants credible 2025 National and Local Elections, will enforce law against those who commit poll sabotage

March 20, 2024March 11, 2024carlocarrasco

Now that the P17.99 billion contract with new provider Miru Systems has been signed, the Commission on Elections (COMELEC) announced that it aims to ensure the integrity of the 2025 National and Local Elections and they will not hesitate to apply the full extent of the law against those who intend to commit irregularities and poll sabotage, according to a Philippine News Agency (PNA) news article.

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

The Commission on Elections (Comelec) on Monday warned it would not hesitate to apply the full extent of the law to those who are out to jeopardize the country’s electoral process.

Comelec chairperson George Erwin Garcia issued the warning during the signing of the contract for the Full Automation System with Transparency Audit/Count (FASTrAC) project with officials of South Korean firm Miru Systems Inc., headed by president Jinbok Chung, its service provider for the next polls.

Garcia said electoral sabotage is a non-bailable offense and can be meted with a penalty of life imprisonment under Republic Act 9369 or the Election Automation Law of 2007.

He also warned Miru and its Filipino partners against politicians and political parties who might approach them to rig the polls.

“Inemphasize ko sa kanila, kung kaya nyo gawin yan, huwag na huwag nyo gawin yan under the present leadership of this Commission. We want ang pinaka maayos na elections, credible, pinaka pinagkakatiwalaan election ng 2025. Sabi ko kung gusto nyo pa mag participate sa mga susunod na procurement ng Comelec, ayusin nyo 2025 elections (I emphasized to them ‘if you can do that, never do that under the present leadership of the commission. We want the 2025 elections to be most organized, credible and reliable. I told them, ‘if your want to participate in future procurements of the Comelec, make sure that the 2025 elections would be smooth),” he added on the sidelines of the signing rites.

The poll body chief also said Miru must prove to Filipinos that it deserves to bag the poll automation deal by establishing a highly credible and transparent system.

At the same time, Garcia acknowledged the support of the South Korean government for the poll automation project.

“We are pleased with the presence of the South Korean ambassador (Lee Sang-hwa) because it proves that he is supportive of this endeavor and we can trust the company that we have as partners simply because the government of Korea is very supportive of this endeavor,” he said.

Hackers – Garcia, meanwhile, said they are coordinating with law enforcement authorities against hackers who might manipulate the polls.

“Sumulat na kami sa National Bureau of Investigation asking for assistance para maaresto or mapigilan mga taong ito. So siguro napreempt na kanilang plano (We have sent a request to the NBI asking them to arrest or prevent these people from carrying out their illegal acts. I think their plans were preempted),” he said.

The poll body is looking to start the customization of the automated counting machines (ACMs) next month. Garcia said this customization process usually takes six months.

“If we can have it shortened, it would be better. But in our experience, it’s really six months. If we start by April, six months from April. We have two months for international certification and one month for source code review,” he added.

Meanwhile, Chung vowed they would comply with the rules set by the Philippine government.

“Our goal is also to build up our company and to expand and we’re looking towards the future. We will not do anything that will jeopardize our future and also the election process of the Philippines. We promise, we can guarantee that we will be transparent all throughout the process. We will abide by the rules of the Comelec, of this nation,” Chung said in Korean and was translated to English by Miru overseas sales representative Jason Lee.

Under the contract, the joint venture (JV) of Miru Systems Co Ltd, Integrated Computer Systems, St. Timothy Construction Corporation, and Centerpoint Solutions Technologies, Inc. (MIRU-ICS-STCC-CPSTI) will provide 110,000 ACMs, ballot boxes; laptop and printer; and ballots.

Let me end this piece by asking you readers: What is your reaction about this recent development? Do you think Miru Systems will remain laser focused on doing its part in the contract and help the COMELEC preserve the integrity of the 2025 National and Local Elections? Do you think Miru Systems will do a better and more efficient job than Smartmatic?

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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FDA working with BIR to make medicine more affordable for senior citizens

March 18, 2024March 17, 2024carlocarrasco

The Food and Drug Administration (FDA) and the Bureau of Internal Revenue (BIR) are working together to cut the prices of medicine for senior citizens by means of exemption from the value-added tax (VAT), according to a news article by the Philippine News Agency (PNA). It should be noted that previously President Ferdinand “Bongbong” Marcos, Jr., ordered the FDA to implement a 20 percent discount and VAT exemption for senior citizens under RA 9994 or Expanded Senior Citizens Act of 2010.

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

The Food and Drug Administration (FDA) is working with the Bureau of Internal Revenue (BIR) to bring down prices of medicines for senior citizens through exemption from value-added tax (VAT).

FDA Director General Samuel Zacate said the exemption of VAT coverage will be through the Corporate Recovery and Tax Incentives for Enterprises (CREATE) or Republic Act (RA) No. 11534.

“Basically, the exemption for VAT is through a law – iyong (the) CREATE Law. So, those medicines have been declared by the FDA, endorsed to the BIR para matanggal or mawala iyong kanilang (to remove) VAT,” Zacate said in a news forum in Quezon City on Saturday.

RA 11534 provides VAT exemption to certain medicines for hypertension, cancer, mental illnesses, tuberculosis, kidney diseases, diabetes, high cholesterol, as well as Covid-19 drugs and medical devices.

Pursuant to the CREATE law, Zacate said the FDA is directed to identify and transmit the list of approved medicines for VAT exemption to other implementing agencies, such as the BIR.

“Basically…we only endorse it to the BIR kasi kami po iyong nagdi-determine kung ano, para saan talaga iyong gamot. So, FDA ang magsasabi, kung papaano iyong mekanismo, kung paano tatanggalin iyong gamot (because we are the ones who determine what, what your medicine is really for. So, FDA will say, how your mechanism, how to withdraw your drug). So, it’s a joint process po of the FDA and the BIR,” he said.

Let me end this piece by asking you readers: What is your reaction about this recent development? Are there lots of senior citizens in your local community who are aware of this development?

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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Over 1.2 million international tourist arrivals in the Philippines counted (January 1 to March 5, 2024)

March 18, 2024March 7, 2024carlocarrasco

If the newest data about the 1.2 million international tourist arrivals released by the Department of Tourism (DOT) for the period of January 1 to March 5, 2024, is indeed true and accurate, then it looks like achieving the 7.7 million international tourist arrivals target for the Philippines for 2024 is doable. The DOT recently announced that that 1,227,815 international tourist arrivals (which includes both foreign tourists and Filipinos based overseas) were counted during the first 65 days of the year, according to a news article by the Philippine News Agency (PNA).

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

The Philippines is off to a good start in reaching its year-end arrival target after getting 1.2 million foreign visitors in the first two months of 2024 alone, the Department of Tourism (DOT) reported Thursday.

As of March 5, international tourist arrivals to the Philippines have tallied 1,227,815.

Foreign tourist arrivals took the lion’s share with 1,160,129 or 94.49 percent while overseas Filipinos make up the remaining 67,686.

Speaking at the Philippine Pavilion at the Internationale Tourismus-Börse (ITB) 2024 Convention in Germany, Tourism Secretary Christina Garcia Frasco said this is 22.86 percent higher than the 999,390 arrivals received by the country in the same period in 2023.

“I would like to express my profound gratitude first to all our Philippine sellers who continue to champion Philippine tourism. As of today (March 5), the Philippines has received over 1.2 million international visitors, a robust indication of the future of Philippine tourism. Cheers to all the reasons to celebrate and Love the Philippines,” she said.

South Korea remains the country’s top source market for visitors, with 349,956 or 28.50 percent of the total, followed by the United States with 195,603 (15.93 percent), China with 85,876 (6.99 percent), Japan with 73,159 (5.96 percent), and Canada landing in the fifth spot with 50,555 (4.12 percent).

Australia took the sixth spot with 50,488 (4.11 percent), Taiwan with 42,955 (3.50 percent), the United Kingdom with 30,507 (2.48 percent), Singapore with 25,253 (2.06 percent), and Germany with 20,816 (1.70 percent).

In January, the country’s visitor receipts also grew by 4.84 percent to USD652.26 million from the USD622.14 million recorded in the same month last year.

By doing the math, 1,227,815 international tourist arrivals divided by the first 65 days of 2024 is equivalent to 18,889.46 per day. Multiply that by 366 days for 2024 (a leap year), the total would be 6,913,542 which is several hundreds of thousands of international tourist arrivals short of the declared target. The DOT and the rest of tourism industry’s stakeholders still have lots of work to do to ensure that more than enough visitors from overseas will come into the country and add to the nation’s economy. It should be remembered that the Rizal Commercial Banking Corp. (RCBC) and China Banking Corp. found the nation’s Philippine tourism recovery still lacking.

Let me end this piece by asking you readers: What is your reaction to this latest development? Do you think the reforms and initiatives the Department of Tourism (DOT) executed last year are generating positive results right now? Did you notice the lack of Arab nations among the top markets of international visitors the DOT declared? Do you think there is enough momentum and time for the Philippines to be able to attract 7,700,000 international tourist arrivals by the end of the year?

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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