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The Philippines set to welcome Apec leaders

Event budget raises eyebrows, but Manila expects economic spinoffs

Philippine policemen walk past an Asia Pacific Economic Cooperation (APEC) summit logo in front of the media centre in Manila on Nov 11, 2015.


THE Philippines is ready to roll out the red carpet to welcome Asia-Pacific's leaders to its capital Manila, as the South-east Asian nation hosts its most high-profile event in nearly 20 years.

As the chair of the Asia-Pacific Economic Cooperation (Apec) Summit this year