A treasure of some 7,000 jewels

Article Abstract:

The Philippine tourist industry has boomed since the election of Fidel Ramos as president in 1992 and the resulting economic turnaround that saw GNP growth of 7% in 1996. In 1992, the Philippines had only 1.15 million tourist arrivals, but tourist arrivals passed the 2 million threshold in 1996. Investment in the the Philippine tourist industry increased from Ps12.87 billion in 1995 to Ps25.40 billion in 1996.

Philippines

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Opening new destinations

Article Abstract:

Indonesia offers tourists a wealth of tourist attractions, ranging from ancient temples to beautiful beaches and volcanoes. However, tourists have yet to discover this region, blessed with 17,000 islands. One problem that Indonesia is having in attracting tourism is the limited amount of money that is available to market the islands. Tourism, however, is increasing 7% during 1997, compared to 1996 figures.

Indonesia, Description and travel

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A leader in China tourism

Article Abstract:

Hong Kong-based China Travel International Investment Hong Kong Ltd., a leader in tourist travel to Hong Kong and mainland China, reported revenues of HK$1.45 billion in 1996, an increase of 45% over 1995. Since China Travel International Investment installed a new management team in 1995, the capitalization has increased from HK$3 billion to HK$10 billion, according to Exec Dir Michael Ng.

China, Management, Hong Kong, China Travel International Investment Hong Kong Ltd.

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