BusinessMirror August 30, 2020

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ROTARY CLUB OF MANILA JOURNALISM AWARDS

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BusinessMirror

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A broader look at today’s business n

Sunday, August 30, 2020 Vol. 15 No. 325

EJAP JOURNALISM AWARDS

BUSINESS NEWS SOURCE OF THE YEAR (2017, 2018)

DEPARTMENT OF SCIENCE AND TECHNOLOGY

2018 BANTOG MEDIA AWARDS

PHILIPPINE STATISTICS AUTHORITY

DATA CHAMPION

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The DOT in 2018 launched an ambitious MICE Roadmap 2030 to raise the country’s MICE revenues to some P25 billion by 2030, from P4.6 billion in 2016. Covid-19 has derailed the roadmap, which was “based on the mechanisms of the conventional MICE that relies heavily on face-to-face encounter and gathering of business people.” By Ma. Stella F. Arnaldo

I

Special to the BusinessMirror

N 2021, the Philippines will be hosting the World Travel and Tourism Council (WTTC) Global Summit, a prestigious event that attracts close to 1,000 participants, among them, the presidents and CEOs of the leading private travel companies in the world.

Although the Department of Tourism (DOT), which lobbied hard for the country to host the event, has declined to comment on it, the hosting was confirmed by Nigel David, WTTC’s regional director for Asia-Pacific and the Middle East, in a recent web interview on travel aired over ANC. “We are actually going to be hosting a big event in the Philippines in Manila next year, 2021, it’s our Global Summit, where we bring the leaders of the travel and tourism sector together,” he said. (Due to the Covid-19 crisis, this year’s Global Summit slated in April in Cancun, where the formal announcement for the 2021 event should have been made, had been postponed to autumn, although no definite date has yet been set.) As far as Meetings, Incentive tours, Conventions and Exhibitions (MICE) events go, landing the WTTC Global Summit 2021 is a feather in the cap of the Philippines. The event would give the DOT the chance to show off the country’s breathtaking tourist destinations, and allow local tourism stakeholders to listen to inspirational speakers on many pertinent global topics, as well as hobnob and share their views and insights with the world’s travel giants. (Last year, former US President Barack Obama was the headline speaker at the Global Summit in Seville, Spain.) Continued on A2

AERIAL view of Busuanga Island, a recreational diving location due to the 12 World War II Japanese wrecks that were sunk by American navy bombings, on Coron Bay in Palawan. MIKHAIL DAVIDOVICH | DREAMSTIME.COM

PESO EXCHANGE RATES n US 48.6210

n JAPAN 0.4565 n UK 64.2283 n HK 6.2736 n CHINA 7.0520 n SINGAPORE 35.5807 n AUSTRALIA 35.2891 n EU 57.4846 n SAUDI ARABIA 12.9656

Source: BSP (August 28, 2020)


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