Month: October 2016

With China ties, DOT expects 1M more tourists

BEIJING – The Department of Tourism (DOT) expects the Philippines to likely exceed its growth target of one million tourist arrivals next year given improving ties between the two countries. Tourism Secretary Wanda Teo said said tourism stakeholders from China told...

‘More on ‘endo’ and employment’

Removal of “endo,” or contractualization, is not as simple as proponents want it to be. It has major implications on the employment situation and, hence, on poverty. Some workers who are normally working under the current labor contractual arrangements could end up on...

Incentives await tourism zone investors – TIEZA

MANILA, Philippines – After years of waiting, the Tourism Infrastructure and Enterprise Zone Authority (TIEZA) said it may finally be able to grant incentives to tourism investors with the expected release of a revenue regulation on tourism enterprise zones (TEZs)....

DoubleDragon completes acquisition of Hotel of Asia

MANILA, Philippines – DoubleDragon Properties Corp., a joint venture between Mang Inasal founder Edgar “Injap” Sia II and Jollibee Foods Corp. owner Tony Tan Caktiong, has completed the acquisition of a 70 percent stake in Hotel of Asia Inc. for P832.17 million....

After Day 100: How Duterte gov’t can fight contractualization better

How far is the labor department from its target of cut contractualization by 50% this year and completely abolish it by 2017? MANILA, Philippines – In his 8-point policy agenda, Labor Secretary Silvestre Bello III echoed President Rodrigo Duterte’s campaign promise to...