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NET TRADE SURPLUS IN 2023 TRAVEL SERVICES — DOT

The Department of Tourism (DOT) welcomed another record for the Philippine tourism industry in 2023, as the country recorded a net trade surplus in travel services for the first time in 15 years. This, as the Bangko Sentral ng Pilipinas (BSP) released preliminary full-year data showing that in 2023, the Philippines successfully breached the $100 […]