मैगज़्टर गोल्ड के साथ असीमित हो जाओ

मैगज़्टर गोल्ड के साथ असीमित हो जाओ

10,000 से अधिक पत्रिकाओं, समाचार पत्रों और प्रीमियम कहानियों तक असीमित पहुंच प्राप्त करें सिर्फ

$149.99
 
$74.99/वर्ष

कोशिश गोल्ड - मुक्त

A pattern of trust: Building economic and defense security with like-minded partners

Business World Philippines

|

October 22, 2025

The aggressive acts habitually and deliberately committed by the Chinese are an affront to our sovereignty and a threat to our national security.

- VICTOR ANDRES C. MANHIT

But more than national security is involved — our economic security is also under threat. This is not something that the Philippines is taking sitting down.

Take the most recent incident on Oct. 12. Three vessels of the Bureau of Fisheries and Aquatic Resources (BFAR) were anchored near Pag-asa Island when Chinese Coast Guard and Maritime Militia vessels approached, conducted dangerous maneuvers, fired water cannons, and rammed the stern of one of the vessels. Fortunately, no crew members were injured.

The incident took place while the BFAR vessels were conducting a lawful resupply and monitoring mission, assisting fisherfolk under the Kadiwa para sa Bagong Bayaning Mangingisda program of the government. What happened was not only an insult to Philippine sovereignty. It also disrupted a mission for fisherfolk already facing dire economic challenges as a result of being prevented by China from fishing in our own, legally determined waters.

Economic security means that individuals and communities can meet their essential needs over time. But if our fisherfolk cannot fish in our waters - their very source of livelihood - how can they put food on the table, maintain a decent home, or send their children to school?

While the Philippines is determined to assert its sovereignty and safeguard the economic security of its people, we recognize that we cannot do this alone. We are fortunate to have numerous partners that help strengthen our defense posture and provide our citizens with the stability they need to live with dignity.

Business World Philippines से और कहानियाँ

Business World Philippines

Fed to trim rates twice more this year; 2026 rate path very unclear

— The US Federal Reserve will lower its key interest rate by 25 basis points (bps) next week and again in December, according to a Reuters poll of economists who remain deeply divided on where rates will be by the end of next year.

time to read

2 mins

October 23, 2025

Business World Philippines

DTI overhauls PCAB, tightens licensing rules

THE GOVERNMENT is set to implement major reforms in the country’s contractor licensing system as it overhauls the Philippine Contractors Accreditation Board (PCAB) amid investigations into anomalous flood control projects, Trade Secretary Ma. Cristina A. Roque said on Wednesday.

time to read

2 mins

October 23, 2025

Business World Philippines

Budget cuts to cash aid for displaced workers could hurt 1M Filipinos

A MILLION Filipinos may be affected by the reduction in the Labor department's budget for its livelihood program for displaced workers, a senator said on Wednesday.

time to read

1 mins

October 23, 2025

Business World Philippines

Anlene sounds alarm on ‘silent health crisis’ with #KilosLagi campaign

ALARMING NEW DATA from bone scans conducted by Anlene between 2024 and 2025 reveal a silent health crisis among Filipinos.

time to read

1 mins

October 23, 2025

Business World Philippines

Old house, new rules

IT’S THE STORY of a house, a family, and food.

time to read

2 mins

October 23, 2025

Business World Philippines

PHI may top 2024 sales performance

MEGAWIDE CORP. on Wednesday said real estate unit PH1 World Developers, Inc. is on track to exceed its 2024 performance after sales surged in the first nine months of the year, driven by strong demand for its projects in Cavite.

time to read

1 mins

October 23, 2025

Business World Philippines

Marcos urges miners to become reliable critical-mineral suppliers

PRESIDENT Ferdinand R. Marcos, Jr. said the mining industry must transform itself into a reliable supplier of critical minerals for the global green transition, which he insisted must be achieved by itself championing the highest environmental and social-responsibility standards.

time to read

1 mins

October 23, 2025

Business World Philippines

Fix the budget process

The flood control scandal has more to do with the flawed budget process, rather than corruption itself.

time to read

3 mins

October 23, 2025

Business World Philippines

Ayala, ADB deal awarded for pushing electric vehicle use

AYALA CORP. and the Asian Development Bank’s (ADB) $100-million financing deal has been recognized as the Philippines’ Transport Deal of the Year at The Asset Triple A Sustainable Infrastructure Awards 2025 for supporting the expansion of the country’s electric vehicle (EV) infrastructure.

time to read

1 min

October 23, 2025

Business World Philippines

Airbus opens second jet assembly line in China

Airbus said on Wednesday it had opened a second assembly line in China, increasing manufacturing capacity for its bestselling A320neo family of single-aisle jets.

time to read

1 min

October 23, 2025

Listen

Translate

Share

-
+

Change font size