PH tagged as "most improved country in Asia" in World Economic Fund’s "Travel and Competitiveness" report

GMA News Online reports on Thursday, March 7, the World Economic Forum (WEF) announced that the Philippines is now "one of the world’s ’rising stars’ and the most improved Asian nation in terms of travel and tourism."

GMA News Online reports on Thursday, March 7, the World Economic Forum (WEF) announced that the Philippines is now "one of the world’s ’rising stars’ and the most improved Asian nation in terms of travel and tourism." The information is found in the WEF’s "Travel and Competitiveness" report, where they highlight the country’s "’comparative strengths’ in natural resources, price competitiveness, and a ’very strong’ prioritization of the sector."

 

The report noted: "In the WEF ranking of 140 countries, the Philippines placed 82, up from 94 in the WEF 2011 list that  covered 139 countries." The report also explained that the WEF  was "conceived in 1971 by European business leaders and is an independent international organization that aims to engage business, political, academic and governments to shape global, regional and industry agendas."

 

For more on this story, log on to GMA News Online.

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