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DOT welcomes Singaporean businesspeople to visit and invest in the Philippines.

In an effort to promote the Philippines’ attempts to hasten the recovery of the tourism industry, the Department of Tourism (DOT) on Wednesday invited Singaporean businesses to travel to and invest in the nation.

Tourism Secretary Christina Frasco stated at the Philippine Economic Briefing (PEB) in Singapore that “the Philippines tourism industry 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.”

To revive the industry and turn it into a significant economic pillar for the nation’s post-pandemic recovery, Frasco claimed that the DOT is “doing everything.”

At the briefing, she told the businesspeople, “We’re open, ready, and inviting all of you to visit and invest in the Philippines.

Infrastructure development, digitalization and connectivity, portfolio diversification of Philippine tourism, and bolstering tourism governance were among the goals she outlined.

She stated that the DOT would collaborate with pertinent organizations to upgrade water, bridge, and road infrastructure in order to increase access to important locations.

She also said that this year, the DOT would start construction on ten tourist rest places across the nation.

Despite all of the challenges we have encountered, the challenges that have reached our shores, and all that has occurred, including all of the upheavals and tragedies that the Filipino people have endured, she continued, “the outlook for the Philippines is optimistic overall.”

It’s not a coincidence that people continue to think of visiting our nation as one of the most breathtaking places on earth.

The Philippines had at least 1.4 million foreign visitors as of September 5.

The Philippine Embassy in Singapore and the Philippine Trade and Investment Centre in Singapore, along with partner banks BofA Securities, Goldman Sachs, HSBC, JP Morgan, Morgan Stanley, SMBC Nikko, Standard Chartered Bank, and UBS, collaborated to conduct the PEB in Singapore.

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