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Geopolitical tensions weigh on climate action momentum
Business World Philippines
|November 07, 2025
Momentum on global climate action is waning as geopolitical issues pile uncertainties on businesses and governments, Singapore’s environment minister Grace Fu said on Thursday ahead of the Conference of the Parties (COP30) climate summit, which will convene from Nov. 10-21.
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Aside from geopolitical tensions, higher energy and food prices have created “political headwinds” that are making it harder for countries to take the drastic climate actions that are required, she told reporters in a group interview.
“The fact that the US has pulled out of the Paris Agreement is an important factor... There are a lot of political considerations as well,” she added.
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Business World Philippines
September jobless rate inches up amid natural disasters
THE PHILIPPINES’ unemployment rate rose to 3.8% in September from a year earlier, signaling a fragile labor recovery as natural disasters disrupted hiring ahead of the holiday season, data from the Philippine Statistics Authority (PSA) showed on Thursday.
4 mins
November 07, 2025
Business World Philippines
PHL conglomerates’ P1.65-T renewable push to test capital discipline — S&P
PHILIPPINE CONGLOMERATES are expected to invest about $28 billion (P1.65 trillion) in renewable energy projects over the next decade as part of a broader $185-billion (P10.9-trillion) investment wave by leading business groups in the Philippines and Vietnam, according to S&P Global Ratings.
3 mins
November 07, 2025
Business World Philippines
PHL farm output jumps 2.8% in Q3
THE PHILIPPINES’ agricultural production grew by 2.8% in the third quarter, as strong crops and poultry output offset the decline in livestock and fisheries, the Philippine Statistics Authority (PSA) said.
4 mins
November 07, 2025
Business World Philippines
DBM says P1.3-trillion spending to lift economy
THE GOVERNMENT is betting that its P1.31-trillion programmed spending for the fourth quarter will lift full-year economic growth this year, Budget Secretary Amenah F. Pangandaman said on Thursday.
2 mins
November 07, 2025
Business World Philippines
The global balancing act.Why good policy starts with dry feet TIMO NG
When the World Economic Outlook (WEO) for Fall 2025 was released by the International Monetary Fund (IMF), it confirmed what many feared: global growth is slowing, and risks remain \"tilted to the downside.\" Despite easing trade tensions, volatility persists, demanding complex, minded responses.
5 mins
November 07, 2025
Business World Philippines
Reality and change
What is important? The process of discovery takes time and effort.
2 mins
November 07, 2025
Business World Philippines
Vanke is reigniting the debate China wants to bury
CHINA seems to find solutions to the world’s thorniest economic problems.
2 mins
November 07, 2025
Business World Philippines
How narcissism ruins teamwork - and why it matters in the workplace
Teamwork can bring out both the best and the worst in people. Working together means sharing ideas and coordinating actions. But sometimes, it can also involve swallowing pride, particularly when people with strong personalities, such as those with narcissism, take charge.
3 mins
November 07, 2025
Business World Philippines
PSA keeps Q2 GDP growth at 5.5%
THE PHILIPPINE Statistics Authority (PSA) on Thursday said it kept the country’s gross domestic product (GDP) growth rate at 5.5% for the second quarter.
1 mins
November 07, 2025
Business World Philippines
Chinabank posts P20.2-B profit as of September
CHINA BANKING Corp. (Chinabank) saw its consolidated net income grow by 10% year on year to P20.2 billion in the first nine months of 2025 amid the strong performance of its core businesses.
1 mins
November 07, 2025
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