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Monday, March 03, 2008

 

RP emerging as top tourist,
investment spot in Asia-Pacific

By William B. Depasupil, Reporter

THE Philippines is fast emerging as one of the top tourist and investment destinations in the  Asia-Pacific region, according to the Bureau of Immigration (BI).

Statistics showed that a total of  274,603 foreigners arrived in the country in January, up by more than 21 percent compared to the 227,345 arrivals for  the same period last year.

Immigration Commissioner Marcelino C. Libanan said Sunday that the figure represented only the volume of foreign passengers who arrived at the Ninoy Aquino International Airport (NAIA) and do not include those who entered through other ports like Mactan, Subic, Davao, Clark, and Laoag.

The BI chief described the figures as “very encouraging,”  saying that it augurs well for the country’s efforts to bolster its reputation as one of the most favored tourist destina­tions in the Asia-Pacific.

He added that a sizeable percentage of the foreign visitors who arrived were prospective investors and expatriates who could contribute greatly to the country’s economic development.

Libanan recalled that last year, more than 5.3 million foreigners arrived at the NAIA, up by 8 percent over those who came in 2006.

“There is no doubt that the Philippines is well on its way to emerging as one of the most favored tourist and investment destinations in the Asia-Pacific,” he declared.

Libanan claimed that the policy reforms that he initiated in the BI encouraged more foreign tourists to come here.

Among these reforms, he said, was his decision to extend from one to two years the maximum allowable stay of foreign tourists.

Koreans topped the list of those who arrived in January, followed by Americans, Japanese, and Chinese.

Of the 274,603 arrivals, more than 200,000 were tourists, including more than 58,000 Balikbayans. The rest were permanent residents, expatriates and holders of investor and retiree visas.

   

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