Dana White: The Philippines Event is on Hold

The country was initially expected to get an event this year, but he said a worldwide financial crisis made the organization reassess its travel plans.

"We were going to go to the Philippines. We had a deal done to go to the Philippines, and then when the world collapsed, the sponsors that were going to help us get down there, everything fell apart. Nobody has any money anymore. It's a lot trickier to figure out how to navigate throughout the world without money."

HT: MMA Junkie