Australia has been listed as a Top Ten global destination for foreign direct investment (FDI) for the fourth year in a row by the World Investment Report 2015, published by the United Nations Conference on Trade and Development (UNCTAD).
As part of the expansion of its network in the Oceania region, flag carrier Philippine Airlines will launch flights from Manila to Cairns, Australia, and Auckland, New Zealand beginning December 1 this year.
PAL will operate four flights weekly (Mondays, Wednesdays, Thursdays and Sundays) to serve the Manila-Cairns-Auckland route, utilising the 156-seater Airbus A320.
The Philippines hosted the two-day 46th APEC Tourism Working Group (APEC-TWG) Meeting held on 17-18 May 2015 in Boracay Island, Aklan. The meeting was attended by tourism officials of the member economies (Australia, Canada, Chile, China, Indonesia, Japan, South Korea, Mexico, Papua New Guinea, Peru, Philippines, Russia, Singapore, Chinese Taipei, Thailand, the United States, and Vietnam) and guest observers from the Organization for Economic Cooperation and Development (OECD), International Air Transport Association (IATA), Incentive, Conference & Event Society Asia Pacific (ICE