Will inflation change where people travel to in Southeast…

This is also a bit misleading. Singapore may have low inflation, but it's still one of the most expensive countries in Southeast Asia. Having inflation doesn't mean it's not expensive.

I think the simpler visa is a bigger factor.

For reference, the USD has risen about 7% over the past year, and US Treasury yields are around 5%. If you were holding USD at a 5% yield plus the currency gain, you beat Philippine inflation by almost 100%. Most major currencies show a similar picture, and it's very similar over 1, 2, and 3 years. The real effect on purchasing power is still very positive. Yes, if you only hold Philippine pesos and earn in pesos, inflation hits hard, mainly due to energy prices. But cutting spending on items that have risen a lot helps. I'm not trying to nitpick, just saying it's useful from a financial perspective.

I paid 15,976 pesos in September, and for the same amount of electricity in May it was 13,782 pesos. Please explain how that's 7%. The people who made these numbers surely have never been to a gas station.