Populations of this unusual-looking bat have declined dramatically since 1950 due to extensive habitat destruction, and the threat of extinction now lingers dangerously close. Habitat has been destroyed by clearing and illegal logging, leaving less than just 1% of original old-growth lowland forest remaining on Negros Island, where the largest population of this species is found. Lowland rainforest on Cebu Island is virtually gone altogether, and it is not known if this species still survives there, as it has not been seen for over 10 years. Thus, the Philippine tube-nosed bat now clings to a precarious existence, edging slowly closer to extinction as illegal logging and clearing continue to reduce vital habitat ever further.