Due to the recent spotlight on the Philippines' tremendous economic growth, Asia's low cost airline carrier Tiger Airways takes the opportunity to invest into what it considers to be a 'niche market.' Chief executive officer and president of Tiger Airways Olive Ramos said, "It's a niche we are eager and equipped to serve."

The budget carrier is planning to open up connections through accessible flights and create new routes in the country. The company will debut in the Philippines as Tiger Airways Philippines on July 10.

"Tiger Airways is the leading airline and travel partner connecting people across Asia Pacific. It is a distinguished regional brand that differentiates itself in terms of safety and reliability," said Ramos.

The fleet of the new localization is quite small, with only five aircraft completing the roster. "Bit that drives us to establish fundamentals first before moving to next level, that is, growing our fleet," quipped the CEO.

The carrier will pioneer a route from Singapore to Kalibo island, the nearest airport in world famous tourist spot Boracay Island.