Universal Entertainment Corporation announced that it has executed letter of intent with CTS Shanghai Zhongqiao Internation Travel Service Co. Ltd. with regards to consultation over the planning and development of Philippine Sightseeing tour packages in the republic of the Philippines. The company and CTS Shanghai Zhongqiao Internation Travel Service Co. Ltd. will commence the discussion on efforts to plan and develop sightseeing tour packages for attracting tourists to the Philippines in the Chinese market.