Philippine President Benigno Aquino III left on January 23 for Davos, Switzerland, to attend the World Economic Forum where he will deliver a keynote address on fighting corruption. Joining the global forum for the first time, the President is also expected to invite more investors and tourists to the Philippines. Among the business executives the President will meet are key officials of German car manufacturer Volkswagen, who have expressed interest in re-establishing operations in the Philippines. The Philippine government is spending P49-M for this trip, which includes at least 7 Cabinet Secretaries.
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Read about the Volkswagen meeting here