– 21 hours ago
MANILA, Philippines — The recovery in Philippine tourism activities last year was the slowest compared to peers in the Asia-Pacific region, attended by sluggish domestic travel, Fitch Ratings said on Wednesday.
In a report, the credit rating agency said tourism in the country clocked a recovery rate of 61 percent in 2023.
This was slower compared to tourism growth in Malaysia, Indonesia, Singapore, Thailand, and Vietnam, which registered 70 percent to 80 percent of the prepandemic…
