Philippines’ financial center taps tourism department to become halal hub

PCCI Makati Vice President Ruby Banares-Victorino and Philippine Tourism Secretary Christina Frasco sign a memorandum of agreement on June 27, 2025 in Quezon City. (AN Photo)
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Updated 28 June 2025
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Philippines’ financial center taps tourism department to become halal hub

  • New agreement to help implement standards across city’s hotels, restaurants
  • Makati City, perceived as trendsetter, aims to influence other regions

MANILA: Philippine business leaders in Makati City are collaborating with the Department of Tourism to make the country’s financial center an all-encompassing halal hub for both trade and tourism, the head of the Philippine Chamber of Commerce and Industry’s Makati chapter said on Saturday.

Makati City in Metro Manila is popularly known as the Philippines’ central business district, hosting the highest concentration of banks and corporations in the country, as well as foreign embassies.

For the last few years, the predominantly Catholic Philippines — where Muslims constitute about 10 percent of the nearly 120 million population — has been working to raise 230 billion pesos ($4 billion) in investments and generate around 120,000 jobs by expanding its domestic halal industry by 2028.

The DoT signed on Friday a memorandum of agreement with PCCI Makati to pool efforts and encourage the implementation of halal standards across hotels and restaurants in the city, as part of an effort to attract Muslim tourists.

“The memorandum signed yesterday with DoT is really to encourage the local establishments in Makati City to participate or embrace the halal standards,” PCCI Makati President Nunnatus Cortez told Arab News.

“These are the initial steps to turn the city into a halal hub; that’s the main objective.” 

PCCI Makati has been a leading figure in efforts to make the city a halal hub.

Friday’s agreement follows a memorandum of understanding the chamber signed last year with the Department of Trade and Industry, which sought to position the city as a central point for innovation and business in the halal sector. 

“Halal, after all, is now a way of life. From the DoT’s point of view, this is how we complete the loop — the entire ecosystem required to support both halal trade and tourism,” Cortez said. 

Earlier this month the Philippines was recognized as a rising Muslim-friendly destination at the Halal in Travel Global Summit, after having achieved a similar feat in previous years. The country’s halal drive has included efforts to cater to Muslim tourists, by ensuring they have access to halal products and services. 

Cortez believes Makati City is at an advantage to boost halal travel as it is the location of many foreign missions, including that of Muslim nations.

“Almost all Muslim embassies are in Makati. We know that foreign delegates, embassy staff, and even their citizens often visit here — and Makati is usually their starting point,” he said. 

“What we’re doing now is trying to capture the attention of all Muslim embassies. If their VIPs or citizens come to Makati and make it their base for activities, then everything else will follow.” 

He believes that efforts to turn Makati into a halal hub will have a ripple effect across the archipelago nation, as the city is widely perceived as a trendsetter for other regions in the Philippines.

He added: “If we can begin by making places like malls and hotels halal-compliant, that would already be a meaningful first step. We believe that whatever Makati does, other cities will follow its lead. That’s our mindset.” 


Modi starts Mideast-Africa tour as India-Oman free-trade pact nears completion

Updated 15 December 2025
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Modi starts Mideast-Africa tour as India-Oman free-trade pact nears completion

  • Oman’s Shoura Council approved the trade deal’s draft last week
  • Modi begins trip in Amman, heading to Addis Ababa and Muscat

NEW DELHI: Prime Minister Narendra Modi left New Delhi on Monday for a tour covering Jordan, Oman and Ethiopia, as his government looks to strengthen partnerships with West Asia and Africa and finalize a free-trade deal with Muscat.

Modi’s four-day trip will start in Amman, at the invitation of King Abdullah.

“I am sure this visit will boost bilateral linkages between our nations,” Modi said on social media upon his arrival in Jordan, where he was received by Prime Minister Jafar Hassan.

On Tuesday, he is scheduled to arrive in Addis Ababa for his first state visit to Ethiopia. A day later, he will be in Muscat, where the Shoura Council last week approved the draft Comprehensive Economic Partnership Agreement with India.

“If it is signed during this visit, it will significantly deepen the economic ties between India and Oman. And it will open up a new chapter in the history of India-Oman trade and commercial relationship,” Ministry of External Affairs Secretary Arun Chatterjee told reporters ahead of Modi’s departure.

He said Modi would be accompanied by a high-level delegation for his second visit to Oman, after his last trip in February 2018. It also follows the visit of Oman’s Sultan Haitham bin Tariq to India in December 2023.

Free-trade negotiations between India and Oman began in November 2023, with the first round in New Delhi and the second in Muscat.

When the talks concluded in March 2024, Oman sought revisions on market-access terms and the final signature was postponed.

Announcements of the deal’s possible finalization have been made in the past few months by India’s Commerce and Industry Minister Piyush Goyal and the Omani ambassador to New Delhi, Issa Saleh Al-Shibani.

It would be its second with a GCC country after a 2022 trade deal with the UAE, as India has been trying to reach a similar agreement with the whole bloc.

“The framework is expected to be the same as the UAE’s, that is, a Comprehensive Economic Partnership Agreement. This is significant given that the progress on India-GCC FTA has been slow and non-consequential so far,” said Muddassir Quamar, associate professor at the School of International Studies, Jawaharlal Nehru University.

While Oman is one of Delhi’s smaller GCC trading partners — trailing behind the UAE and Saudi Arabia, with bilateral trade about $10 billion — it remains strategically important, particularly in energy and logistics.

“The FTA is likely to give a boost to India-Oman economic and trade relations, especially of goods and services. (It is) important given India has worked to enhance its trade and economic relations with the Gulf countries that are (among) the most dynamic and fast-expanding global economies,” Quamar told Arab News.

“It is also important because there is immense potential for Indian businesses and industries to partner with their Gulf and Omani partners in contributing to the diversification and economic growth plans.”