Invest Daily Pro
  • Economy
  • Investing
No Result
View All Result
  • Economy
  • Investing
No Result
View All Result
Invest Daily Pro
No Result
View All Result
Home Top News

PHL, S.Korea sign tourism cooperation agreement 

by
October 7, 2024
in Top News
0
PHL, S.Korea sign tourism cooperation agreement 
0
SHARES
19
VIEWS
Share on FacebookShare on Twitter
STOCK IMAGE VIA KOREANAIR.COM

THE Department of Tourism (DoT) and South Korea’s Ministry of Culture, Sports, and Tourism signed an agreement outlining their tourism cooperation program for 2024-2029, which will include an exchange of tourism-industry professionals.

In a statement on Monday, DoT said the deal that was signed on Oct. 7 at the Malacañang Palace and supplemented the memorandum of understanding (MoU) signed by the two countries in 2006.

The tourism cooperation “will further enhance the longstanding relations between our two nations in tourism and people-to-people exchanges,” Tourism Secretary Ma. Esperanza Christina G. Frasco said. 

“We anticipate this will increase demand for more Philippine destinations and tourism products from our number one source market, South Korea, and provide more opportunities for the economic advancement of our people, with the expected growth in our tourism numbers,” she added.

Under the agreement, both countries will exchange tourism professionals and administrators to exchange notes on practices in hotels, resorts, cruise ships, ports, tourism products, and other industries.

The MoU also allows for the exchange of information on tourism development, the establishment of tourism safety cooperation mechanisms, and contingency coordination.

The two countries will also organize joint promotions and marketing aimed at increasing the volume of tourist traffic and encouraging tourism investment.

Under the MoU, a joint working group will be formed to oversee the program.

As of Oct. 7, visitor arrivals from South Korea hit 1.23 million, or 27.16% of all foreign tourist arrivals. — Justine Irish D. Tabile

ShareTweetPin

Related Posts

Marriott, Flutter, Coca-Cola among stocks poised to gain from FIFA World Cup 2026
Top News

Marriott, Flutter, Coca-Cola among stocks poised to gain from FIFA World Cup 2026

June 11, 2026
FTSE 100 edges higher as investors balance financial recovery and AI risks
Top News

FTSE 100 edges higher as investors balance financial recovery and AI risks

June 11, 2026
SAP stock tumbles 3%: why Oracle’s AI capex surge is hitting software shares
Top News

SAP stock tumbles 3%: why Oracle’s AI capex surge is hitting software shares

June 11, 2026
Dow futures surge 370 points: 5 things to know before market opens
Top News

Dow futures surge 370 points: 5 things to know before market opens

June 11, 2026
Why Claude Mythos Preview is a wake-up call for Wall Street
Top News

Why Claude Mythos Preview is a wake-up call for Wall Street

June 11, 2026
SpaceX IPO’s valuation battle has bulls aiming share at $165 while bears see $63
Top News

SpaceX IPO’s valuation battle has bulls aiming share at $165 while bears see $63

June 11, 2026
Next Post
ADB could approve $500-million loan for PHL soon

ADB could approve $500-million loan for PHL soon

Recommended

Britain relies on just 1M top earners for £124bn in income tax

Britain relies on just 1M top earners for £124bn in income tax

October 14, 2024
Questcorp Mining Receives Permit Exemption for IP Survey at North Island Copper

Questcorp Mining Receives Permit Exemption for IP Survey at North Island Copper

September 3, 2025
British pork imports seen sustained as PHL continues to deal with ASF

British pork imports seen sustained as PHL continues to deal with ASF

August 15, 2024
Philippine women’s team stuns Argentina, joins 15th place logjam

Philippine women’s team stuns Argentina, joins 15th place logjam

September 19, 2024
Campaign Highlights Rural Walking Risks and Push for National Path Network

Campaign Highlights Rural Walking Risks and Push for National Path Network

December 28, 2024
Peso down as CPI data dash hopes of big Fed cut

Peso down as CPI data dash hopes of big Fed cut

September 12, 2024

    Stay updated with the latest news, exclusive offers, and special promotions. Sign up now and be the first to know! As a member, you'll receive curated content, insider tips, and invitations to exclusive events. Don't miss out on being part of something special.


    By opting in you agree to receive emails from us and our affiliates. Your information is secure and your privacy is protected.

    Dollar General CEO exposes bitter reality about today’s economy

    Dollar General CEO exposes bitter reality about today’s economy

    June 12, 2026
    Cathie Wood dumps $12.7M of tumbling, next-gen travel stock

    Cathie Wood dumps $12.7M of tumbling, next-gen travel stock

    June 12, 2026
    Goldman Sachs rethinks what’s next for cybersecurity stocks

    Goldman Sachs rethinks what’s next for cybersecurity stocks

    June 12, 2026
    • Privacy Policy
    • Terms & Conditions

    Copyright © 2026 investdailypro.com | All Rights Reserved

    No Result
    View All Result
    • Home
    • Privacy Policy
    • Terms & Conditions
    • Thank you

    Copyright © 2026 investdailypro.com | All Rights Reserved