Tourism Secretary Christina Garcia-Frasco announced the milestone on Jan. 5, attributing the success to strategic policies, expanded air connectivity and sustained efforts to promote the country's unique destinations.
The figure was 9.04 percent higher than the record of inbound tourism earnings worth P697.46 billion in 2023, as well as up by 26.75 percent from P600.01 billion worth of income in 2019 or a year before the COVID-19 pandemic.
However, the DOT was short of the 7.7 million foreign travelers that it targeted to achieve in 2024, based on projections stipulated in the National Tourism Development Plan 2023-2028.
South Korea remained the Philippines' top source of foreign tourists, with 1.57 million arrivals in 2024, accounting for 26.46 percent of total market share.
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DOTr eyes more airport privatization
Transportation Secretary Jaime Bautista is stepping up pressure on interested proponents of other airport projects following the successful privatization of the Ninoy Aquino International Airport to the Ramon Ang-led San Miguel Corp. consortium, which in a short four months has already implemented and improved the capacity utilization of the country's premiere gateway.
Phl open to limited cooperation with ICC
The Marcos administration will sit down with the International Criminal Court (ICC) and discuss \"certain areas\" of cooperation in the latter's investigation on thousands of killings in the crackdown on illegal drugs under Rodrigo Duterte.
Teen fatally shoots female student, himself in Nashville
NASHVILLE (AP) - A shooting in a Nashville high school cafeteria on Wednesday left a female student dead and another student wounded, nearly two years after another deadly school shooting in the city that ignited an emotional debate about gun control in Tennessee.
Iloilo City's sustainable development: A haven for enhancing quality of life and attracting investment
Iloilo City, nestled in the heart of the Philippines, has long been celebrated as the cultural and economic gem of Western Visayas. Today, it stands as a model of sustainability, combining eco-friendly development with strategic urban planning.
SHFC at 21: Building lives, transforming communities
For 21 years, the Social Housing Finance Corporation (SHFC) has been a beacon of hope for Filipinos in need of safe and affordable housing.
The art of faith according to Rachy Cuna
Faith grows. From one's childlike wonder about the glory of God, one's faith flourishes to become a vow. And when the vow is kept and shared, one's faith is all the more fortified.
From AI to Gen Zs
(Keynote message at the induction of the Management Association of the Philippines board) Incoming MAP president Al Panlilio, outgoing president Rene Almendras, MAP governors and members, dear friends - unang una - happy vibes sa bagong taon, at magandang tanghali sa inyong lahat.
New Manila ferry system seen approved mid-2025
The Department of Transportation (DOTr) expects to deliver the feasibility study for a new and improved ferry system in Mega Manila within the first semester of 2025.
Supreme Court final mandate: only architects can sign and seal architectural plans and documents
With the landmark decision of the Supreme Court Second Division on G.R. 200015 and G.R. 205846, issued on October 30, 2024, and recently published and received in January 2025, following their Notice of Decision denying the Philippine Institute of Civil Engineers' motion for reconsideration with finality, it is now evident that the architectural permit and structural permit, previously withheld in many City Building Official offices, will now be strictly implemented by the DPWH.
Steel Asia's P30-B Quezon plant to start operations in 2 years
The country's flagship steel manufacturer expects to start the commercial operations of its P30 billion plant in Candelaria, Quezon by 2027.
