PHILIPPINES TO SINGAPORE
The Philippine-Singapore Business Council is also present as an organization dedicated to the cooperation of the business communities of the two countries. The council was launched on October 13, 1994 in Singapore. Both Fidel V Ramos, the President of the Philippines, and Gok Chok Tong, the Prime Minister of Singapore attended the launch.
Aside from economic relationships, the two countries also agree in improving tourism and security relationships. In August 1986, Philippine President Corazon Aquino preferred to travel to Jakarta and Singapore, breaking the tradition that the first overseas visit of the President should always be Washington. Singapore Prime Minister Lee Kuan Yew, together with Indonesian President Suharto, suggested to Aquino to avoid reconciliation with the communist insurgents in her country and extend the rights of the bases of the United States in the Philippines.During a state visit by Philippine President GMA in Singapore on 2007, she has discussed the liberalization of air travel between the two countries to improve tourism. She also discussed with Singapore Prime Minister Lee Hsien Loong regarding a status of forces agreement (SOFA) to combat terrorism and transnational crimes.
In 1995, a planned state visit by the Singaporean Prime Minister was postponed "until a more propitious time" after the execution of Flor Contemplacion. The case caused the deepest rift between two ASEAN countries for more than 25 years. Economic relationships between the two countries were also strained. Singaporean investments in the Philippines dropped from US$65 million from 1994 to US$3.7 million by 1995. Despite this controversy, full diplomatic relationships between the two countries were restored in January of the following year. On December 1998, the two countries signed a Philippine-Singapore Action to improve bilateral trade at the ASEAN summit in Hanoi.
-WIKIPEDIA
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