DOT marketing arm gets lift with ₱40-M subsidy

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The story "DOT marketing arm gets lift with ₱40-M subsidy" was covered 18 hours ago by Business Mirror, a news publisher based in Philippines.

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DOT marketing arm gets lift with ₱40-M subsidy - Business Mirror

Quick Summary:

THE Tourism Promotions Board (TPB), the marketing arm of the Department of Tourism (DOT), has been given a P40-million subsidy under the General Appropriations Act (GAA) for 2025.

Under GAA 2025, the DOT does have access to some P4.6 billion in additional appropriations under the Tourism Development Fund (TDF), in accordance with RA 9593, as well as P243.8 million from Duty Free Philippines’s profits.

Under the baseline scenario of the National Tourism Development Plan (NTDP) 2023-2028, the DOT is aiming for 8.4 million in inbound tourists this year to 11.5 million in 2028.