tl;dr – Admittedly, more useful for the folks based in the region.
Qantas and Philippine Airlines recently partnered up, allowing Qantas Frequent Flyer members to book Philippine Airlines flights using Qantas Points. The partnership profiles 15 “island-hopping” destinations within the Philippines but includes the broader network as well.

You can use your Qantas Points to book Classic Flight Rewards on eligible flights with a Philippine Airlines (PR) flight number. (Look for the red Reward ribbon when searching flights).

For anyone sitting on Qantas Points, this could develop into a savvy option for booking business class in the Philippine Airlines’ new A350-1000.

For North American-based travelers, you can transfer bank points from American Express, Citi, Capital One, and Brex to Qantas Frequent Flyer.