BEIJING, P.R.O.C. – President Benigno S. Aquino III greets Canadian Prime Minister Stephen Harper during a Bilateral Meeting at the Birch Room of the St. Regis Hotel in Beijing, People’s Republic of China on Monday (November 10, 2014), at the sidelines of the 22nd Asia-Pacific Economic Cooperation (APEC) Leaders' Meeting (AELM). At the core of Philippine-Canada relations is the human dimension - the presence of more than 682,000 Filipinos in Canada.  They are among Canada's most active citizens, contributing to the economic, social and cultural dynamism of the country. Of the total US$ 17 billion remittances from overseas Filipinos in 2010, 10% or about US$1.7 billion came from Canada. Filipinos now comprise the 3rd largest immigrant community in Canada. (MNS Photo)

BEIJING, P.R.O.C. – President Benigno S. Aquino III greets Canadian Prime Minister Stephen Harper during a Bilateral Meeting at the Birch Room of the St. Regis Hotel in Beijing, People’s Republic of China on Monday (November 10, 2014), at the sidelines of the 22nd Asia-Pacific Economic Cooperation (APEC) Leaders’ Meeting (AELM). At the core of Philippine-Canada relations is the human dimension – the presence of more than 682,000 Filipinos in Canada. They are among Canada’s most active citizens, contributing to the economic, social and cultural dynamism of the country. Of the total US$ 17 billion remittances from overseas Filipinos in 2010, 10% or about US$1.7 billion came from Canada. Filipinos now comprise the 3rd largest immigrant community in Canada. (MNS Photo)

MANILA, Nov 18 (Mabuhay) — President Benigno Aquino III’s two-day trip to Singapore will cost the government P11.6 million, Executive Secretary Paquito Ochoa Jr. said Tuesday.

In a statement, Ochoa said the amount will cover transportation, accommodation and food costs of the President and his 54-member delegation.

Aquino left for Singapore on Tuesday morning to participate and deliver the keynote speech in The Economist’s World in 2015 conference.

In his departure speech, Aquino said he will use the conference to woo investors to the Philippines.

“Mayroon na tayong pagkakataong makasalo ang mga negosyante, upang makakalap ng interes, at mapabilis ang posibilidad ng kanilang pamumuhunan sa ating bansa,” the President said.

Ochoa, for his part, said the conference will be a venue for Aquino to present his administration’s plans to foreign business leaders.

“This is a significant opportunity for our President to share his administration’s plans and reform programs towards sustainable economic and inclusive growth, as well as the peace process for Mindanao,” Ochoa said.

The President will be accompanied by the following Cabinet officials in his Singapore trip:
Foreign Affairs Secretary Albert Del Rosario,
Trade and Industry Secretary Gregory Domingo,
Finance Secretary Cesar Purisima,
Socio-Economic Planning Secretary Arsenio Balisacan,
Cabinet Secretary Jose Rene Almendras,
Presidential Management Staff Chief Julia Andrea Abad,
Presidential Protocol Chief Celia Anna Feria,
Presidential spokesperson Edwin Lacierda, and
Undersecretary Manuel Quezon III.

The President’s Singapore trip came a week after his back-to-back participation in the Asia-Pacific Economic Cooperation (APEC) summit in China, and the Association of Southeast Asian Nations (ASEAN) meet in Myanmar.

The government spent P24 million for Aquino’s attendance to the APEC and ASEAN summits. (MNS)