Tourism represents the Philippines’ brightest hopes and its most formidable challenges. Despite the realities on the ground, the country was described in the World Economic Forum’s Travel and Tourism Competitiveness Report 2013 as among “the rising stars in emerging market economies” in travel and tourism (T&T).
At the recent World Economic Forum in Davos, President Aquino declared three priority areas of investment in the Philippines: tourism, agriculture, and infrastructure. These are the basic areas that have extraordinary potential in our quest for a green economy.
Speaking from the Alpine heights of Davos, Switzerland, President Aquino spun a stupendous tale at the World Economic Forum (WEF) of the dramatic transformation of the Philippines from being the “sick man of Asia” into a dynamic country swimming against the current of global economic downturn in a record time of three years.
