Olongapo SubicBay BatangGapo Newscenter

Monday, November 27, 2006

Taiwan's Far Eastern To Launch Kaohsiung-Philippines Flights

Taiwan's Far Eastern Air Transport Ltd (FAT) is scheduled to launch passenger charter flight services between Kaohsiung and Subic Bay on a trial basis from Dec. 17, an official at the Manila Economic and Cultural Office in Taipei said Sunday.

In addition to offering regular flight services to businessmen and tourists from Taiwan, the inauguration of the route is expected to help boost the Philippines' tourist industry, the official said.

According to the official, Subic Bay boasts a wide variety of leisure and tourist spots in addition to a brisk economy and excellent infrastructure.

The official said Taipei and Manila signed an agreement last year to form an economic corridor between Kaohsiung and the Subic-Clark Special Economic Zones, adding that the move will help expand bilateral trade exchanges.

According to official statistics, investment by Taiwanese manufacturers accounts for 85 per cent of Subic Bay's total export value.
(CNA)

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