Today was such a remarkable and eventful one, after finishing the day's chores and business errands, I was able to attend Duty-Free Philippines' event at Duty Free Luxe in MOA. It was such an honor to be amongst the invitees who witnessed how the aforementioned business has grown after the pandemic.
After the welcoming remarks from Ms. Josh Mirafuentes of DOT, the Chief Operating Officer (COO) Vicente Pelogio A. Angala without any ado proceeded on how DFP has navigated through unprecedented challenges over the years. Having a commendable sales milestone in 2019, raking in an impressive 226 M dollars, while witnessing a parallel surge in income, reaching a substantial P 464 M. It is through DFP's unwavering commitment that translates to a significant P 243 M contribution to the Department of Tourism (DOT) for government tourism programs and projects, fortifying crucial support for government-driven tourism initiatives. Because let me reiterate Mr. Angala's stand that Duty-Free is under the DOT after all. And even in the face of the global pandemic's temporary disruption, this did not hamper their stalwart recovery.