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PHILIPPINE STATISTICS AUTHORITY
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Sunday, November 11, 2018 Vol. 14 No. 31
2018 EJAP JOURNALISM AWARDS
BUSINESS NEWS SOURCE OF THE YEAR
P25.00 nationwide | 2 sections 18 pages | 7 DAYS A WEEK
Brexit still keeps Brits at home, away from the Philippines
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By Ma. Stella F. Arnaldo | Special to the BusinessMirror
NCERTAINTIES over “Brexit” are still keeping British citizens from traveling overseas, especially to the Philippines.
This was the assessment of Marie Venus Q. Tan, chief operating officer of the Tourism Promotions Board (TPB), the marketing arm of the Department of Tourism (DOT). In an interview via Viber, the veteran tourism official told the BusinessMirror: “Brexit remains a sword dangling on [the UK citizens’ heads]. Travels are curtailed momentarily until a more reassuring, stable policy is brought about by their government.” Tan attended the three-day World Travel Market (WTM) in London, the big-
gest travel and tourism exhibition in Europe, which opened on November 5. Arrivals from the UK grew by some 9.2 percent to 148,301 from January to September 2018, accounting for a 2.8-percent market share of the 5.36 million foreign tourists that visited the Philippines. This was virtually unchanged from the 2.7-percent market share in the same nine-month period in 2017. The UK is ranked eighth in the Philippines’s top source markets for tourists. Continued on A2
THE Philippine booth at the three-day World Travel Market (WTM) 2018 in London ExCel is decked in colorful kiping chandeliers, and used indigenous Philippine fabrics as wall accents. Local ice-cream flavors have been a traditional hit with WTM visitors.
TOURISM Undersecretary Arturo P. Boncato Jr. (center) meets with representatives of US network CBS at the recent World Travel Market 2018. He is flanked by Tourism Attaché to the UK Gerardo Panga and Tourism Promotions Board COO Venus Tan.
HORIZON 2 SEEN TO SIGNIFICANTLY BOOST AFP’S FIREPOWER
MILITARY ROLLS OUT ‘DRAMATIC’
CAPABILITY UPGRADE
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By Rene Acosta
HE second phase of the capability upgrade program of the Armed Forces of the Philippines (AFP) is seen to boost its firepower, an area where it has been considered lagging for long years, following the projected arrival and even signing of contracts for land, sea and air assets.
Dubbed the Horizon 2 with a “modest” budget of P300 billion, the program should equip the military’s three branches of service with new
and additional weapons, aside from ships, war-fighting helicopters and, possibly, even submarines. Generally, the program’s sec-
PESO EXCHANGE RATES n US 52.6350
ond phase has drawn unmanned aerial vehicles (UAVs), a long-range patrol aircraft, attack helicopters, multirole fighter aircraft, two corvettes and six offshore patrol vessels for the military.
More assets coming
BUT while the paper work is being prepared for these acquisitions, the Air Force, one of the two biggest beneficiaries of the program, is already looking forward to the arrival of six brand-new close-air support aircraft by December next year. The air assets, manufactured by the Brazil-based Embraer S.A., will replace the military’s aging OV-10 Broncos, which the Air Force still uses for air-to-ground See “Horizon 2,” A2
A PROTESTER peers behind a huge cutout of President Duterte in camouflage uniform during a rally outside Camp Aguinaldo, the general headquarters of the country's armed forces, to denounce alleged escalating human-rights violations especially among the poor, May 21, 2018, in Quezon City. AP/BULLIT MARQUEZ
n JAPAN O.4618 n UK 68.7466 n HK 6.7258 n CHINA 7.5909 n SINGAPORE 38.2772 n AUSTRALIA 38.1762 n EU 59.8039 n SAUDI ARABIA 14.0323
Source: BSP (November 9, 2018 )