The Philippine Travel Agencies Association projects a remarkable 25% growth in travel bookings for the year, fueled by the robust enthusiasm of Filipinos for domestic and international adventures.
ASEAN+3 Macroeconomic Research Office foresees the Philippines as the region's fastest-growing economy, emphasizing the pivotal role of effective inflation management by the government.
The government maintains its steadfast GDP target of 6.5 to 7.5 percent for 2024, amidst varied forecasts suggesting a potential divergence from the administration's economic expansion goal.