Asiatravel.com offers over 500,000 Hotels, Flights, Travel Packages, Tours & Attractions up to 75% discount. All with last minute availability & instant confirmation plus up to 5% cash rebate exclusively for our customers. For more information visit http://www.asiatravel.com Palau /pəˈlaʊ/ (help·info), officially the Republic of Palau (Palauan: Beluu er a Belau), is an island nation in the Pacific Ocean, some 500 miles (800 km) east of the Philippines and 2,000 miles (3,200 km) south of Tokyo. Having emerged from United Nations trusteeship (administered by the United States) in 1994, it is one of the world's youngest and smallest sovereign states. In English, the name is sometimes spelled Belau in accordance with the native pronunciation. It was formerly also spelled Pelew.[3] Palau's most populous islands are Angaur, Babeldaob, Koror, and Peleliu. The latter three lie together within the same barrier reef, while Angaur is an oceanic island several miles to the south. About two-thirds of the population live on Koror. The coral atoll of Kayangel is situated north of these islands, while the uninhabited Rock Islands (about 200) are situated to the west of the main island group. A remote group of six islands, known as the Southwest Islands, some 375 miles (600 km) from the main islands, are also part of the country and make up the states of Hatohobei and Sonsorol. [edit] Climate Palau enjoys a tropical climate all year round with an annual mean temperature of 82 °F (28 °C). Rainfall can occur throughout the year, averaging a total of 150 inches (3,800 mm). The average humidity over the course of the year is 82%, and although rain falls more frequently between July and October, there is still much sunshine. Typhoons are rare, as Palau is outside the main typhoon zone. Consists primarily of tourism, subsistence agriculture, and fishing. Tourist activity focuses on scuba diving and snorkeling in the islands' rich marine environment, including its barrier reefs walls and World War II wrecks. The government is the major employer of the work force, relying heavily on financial assistance from the US. Business and tourist arrivals numbered 50,000 in the financial year 2000/2001. The population enjoys a per capita income twice that of the Philippines and much of Micronesia. Long-term prospects for the key tourist sector have been greatly bolstered by the expansion of air travel in the Pacific, the rising prosperity of leading East Asian countries, and the willingness of foreigners to finance infrastructure development. In July 2004, Palau Micronesia Air was launched with service from Palau to Yap, Guam, Micronesia, Saipan, Australia, and the Philippines. By offering low fares it was planned to be a competitor of Continental Micronesia, however it ceased operations in December of the same year, mainly because of rising fuel prices. Palau Micronesia Air has not restarted operations since but has made a codeshare alliance with Asian Spirit, a carrier that operates flights between Palau and the Philippines (Davao, Cebu, and Manila). There are two flights weekly from Manila via Cebu to Palau and one flight weekly from Davao. Just after few months of service, Asian Spirit ceased its Philippines to Palau route. Taxes are moderate, the income tax has 3 brackets with medium rates (9.3%, 15% and 19.6%), corporate tax is 4% and general sales tax is 7.5%. There are no property taxes. Info Taken from Wikipedia.com Credits to Wikipedia.com http://en.wikipedia.org/wiki/Palau_Island Main

• published: 05 Nov 2009
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