PHILIPPINES. Duty Free Philippines Corporation’s (DFPC) future operating model and the fate of its Fiesta Mall post-arrivals duty free store are being reviewed by new Tourism Secretary-designate Christina Garcia Frasco.
Frasco met with DFPC officers on Friday 22 July. DFPC is an attached agency of the Department of Tourism and in her new capacity Frasco serves as Chairperson of the DFPC Board.
During the meeting, DFPC Chief Operations Officer Vicente Pelagio Angala discussed the pending closure and possible relocation of the corporation’s custom bonded warehouse and its flagship store – the Fiesta Mall – as a consequence of the COVID-19 crisis. The DFPC lease on Fiesta Mall and the warehouse ends in mid-2023.