SITTING at the foot of Bohol just a short sea-trip from Cebu, Panglao Island has already proved itself to be the new playground of the Philippines...and thousands (if not millions) of dollars of investment money is being poured in to develop the island.Already it has twice helped Bohol to win the Tourist Destination of the Year contest in the Philippines and hopes to help a third time at the Manila trade exhibition this September when it showcases the beauty of its beaches.
There are even plans approved by President Gloria Arroyo to develop a domestic airport on the island to take over from Tagbilaran Airport, with the intention to upgrade it to international status at some time in the future, to make it easier for the island's thousands of visitors to reach the coral-white sandy shores which surround it on all sides.
There are resorts dotted all around the sandy shores of the island, which connects to mainland Bohol at Tagbilaran and Bool via two road bridges, and each resort is situated in its own grounds on the edge of a sapphire sea.
Already well-known by scuba divers for the diversity of its fish life in the off-islands of Pamilacan, Balicasag and Pungtod, which are easily reached from the main resort area of Alona Beach, the rest of the island is also developing with top-class resorts: Land has already been put aside for a new Tourism Estate.
The off-islands sport hammerhead sharks, some rays, massive schools of jackfish and barracudas, and there
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