Essayer OR - Gratuit
Partner with Taiwan: A path for the Philippines to break the cycle of climate disaster loss
Business World Philippines
|November 12, 2025
THIS YEAR ALONE, the Philippines has endured a relentless procession of storms. Wipha (Crising) in July submerged entire communities in Northern Luzon. Ragasa (Nando) and Bualoi (Opong) arrived back-to-back in late September and brought heavy flooding, forcing thousands into evacuation centers across Eastern Visayas.
And just last week, Kalmaegi (Tino) triggered landslides and flooded swaths of the central Philippines, which reportedly killed hundreds of people, with hundreds of thousands displaced. Homes were swept away, rice fields nearing harvest were drowned, and local governments once again scrambled to source relief, rebuild roads, and restore electricity, among others. (This piece was submitted before Typhoon Fung-wong, known locally as Uwan, hit northern Luzon this past weekend. — Ed.)
This story in the Philippines repeats so often that it risks becoming background noise. Yet the cost is staggering, not only in monetary terms or disrupted livelihoods, but also in the exhaustion of constant rebuilding. The 2025 World Risk Index Report has named the Philippines the most disaster-prone country in the world, and its adaptation capacity is struggling to keep pace with the speed of global warming.
Across the Bashi Channel, Taiwan experiences these same typhoons, floods, and landslides, but Taiwan has systematically built a more robust resilience that it can share with the Philippines.
TAIWAN IS A RELIABLE DISASTER RESILIENCE PARTNER
Cette histoire est tirée de l'édition November 12, 2025 de Business World Philippines.
Abonnez-vous à Magzter GOLD pour accéder à des milliers d'histoires premium sélectionnées et à plus de 9 000 magazines et journaux.
Déjà abonné ? Se connecter
PLUS D'HISTOIRES DE Business World Philippines
Business World Philippines
Education seen as key to unlocking potential of PHL’s Generation Alpha
THE PHILIPPINE government should further invest in education to ensure that the economy will benefit from the projected boom of the Generation Alpha population in a few years, analysts said.
3 mins
November 12, 2025
Business World Philippines
PHL banks’ net profit up 3.57% at end-Sept.
THE COMBINED income of Philippine banks climbed by 3.57% in the first nine months of the year as lenders booked higher interest and non-interest earnings during the period.
3 mins
November 12, 2025
Business World Philippines
BIR may miss collection goal this year
THE BUREAU of Internal Revenue (BIR) may struggle to meet its P3.219-trillion collection target this year as sluggish government spending weighed on overall tax receipts, a development its chief said may prompt a tweak of its full-year target.
3 mins
November 12, 2025
Business World Philippines
Rich countries adopting industrial strategies
The Philippines is no longer the \"Sick Man of Asia.\" Since 2011, its GDP has been one of the fastest growing in the Indo-Pacific region, together with India and Vietnam.
5 mins
November 12, 2025
Business World Philippines
Shell Pilipinas returns to profit with P343-M Q3 earnings
SHELL PILIPINAS CORP. posted a third-quarter (Q3) net income of P343 million, reversing a P762.04 million loss in the same period last year, as higher sales volumes and lower non-operating costs offset a slight decline in net sales.
1 min
November 12, 2025
Business World Philippines
Proposed tobacco tax cut unlikely to curb illicit trade — AER
THE ACTION for Economic Reforms (AER) and government officials are opposing bills that seek to cut tobacco excise taxes, arguing that such measures are unlikely to curb illicit trade without stronger enforcement and a nationwide licensing system.
3 mins
November 12, 2025
Business World Philippines
Partner with Taiwan: A path for the Philippines to break the cycle of climate disaster loss
THIS YEAR ALONE, the Philippines has endured a relentless procession of storms. Wipha (Crising) in July submerged entire communities in Northern Luzon. Ragasa (Nando) and Bualoi (Opong) arrived back-to-back in late September and brought heavy flooding, forcing thousands into evacuation centers across Eastern Visayas.
2 mins
November 12, 2025
Business World Philippines
BSP to implement 24/7 payment system in 2026
THE BANGKO SENTRAL ng Pilipinas (BSP) will implement a payment system that works around the clock starting in 2026 as part of efforts to expand real-time and cross-border transactions, a top official said.
2 mins
November 12, 2025
Business World Philippines
Below the surface: From vulnerability to resilience in the underwater domain
Some underwater drones with Chinese markings were recently discovered in various parts of the Philippines. Last year, a Russian attack submarine passing through Philippine waters was detected. No less than President Ferdinand Marcos, Jr. described this discovery as \"very concerning.\" And then, in other parts of the world, there have been reports of subsea cable-cutting incidents.
3 mins
November 12, 2025
Business World Philippines
Why AI-fueled layoffs will backfire
RIGHT NOW thereseemtobeonly two types of business headlines: Those dedicated to the eye-popping investments and valuations of the ever-expanding AI boom, and those chronicling a stream of layoff announcements. Strikingly, you'll often see the same company names appearing in both.
3 mins
November 12, 2025
Listen
Translate
Change font size
