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Trump says he will make phone call to stop renewed Thai-Cambodia fighting

Business World Philippines

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December 11, 2025

Thailand and Cambodia accused each other of targeting civilians in border attacks on Wednesday, as US President Donald J. Trump said he would make a phone call to stop the fighting and salvage a ceasefire he brokered in July.

The two Southeast Asian nations have each blamed the other for the clashes that started on Monday and remain at odds on a diplomatic solution to the border tensions that have been simmering for months.

Thailand’s foreign minister said in an interview on Tuesday that he saw no potential for negotiations, adding the situation was not conducive to third-party mediation, while a top adviser to Cambodia’s Prime Minister Hun Manet told Reuters his country was “ready to talk at any time.”

Speaking at a rally in Pennsylvania on Tuesday evening, Mr. Trump listed a number of wars that he claimed he helped stop, including between Pakistan and India, and Israel and Iran, before commenting on the renewed conflict in Southeast Asia.

“I hate to say this one, named Cambodia-Thailand and it started up today and tomorrow I am going to have to make a phone call. Who else could say I’m going to make a phone call and stop a war of two very powerful countries, Thailand and Cambodia.”

FLERE HISTORIER FRA Business World Philippines

Business World Philippines

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The Bistro Group, going loca(l)

THE RETURN of Krazy Garlik under The Bistro Group's portfolio signifies Bistro's respect for local culture and its motivation to do more in the local scene (as opposed to their forte, bringing in international franchises).

time to read

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Business World Philippines

Peso edges up before Fed, BSP decisions

THE PESO inched up against the dollar on Wednesday as investors await the policy decisions of the US Federal Reserve and the Bangko Sentral ng Pilipinas (BSP).

time to read

1 mins

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Recycling as trade defense

Starting August 2026, Philippine brands that export food, cosmetics, electronics, and other goods to Europe must meet new standards on recyclability, labeling, and empty space. Failure to comply can create new barriers to entry.

time to read

5 mins

December 11, 2025

Business World Philippines

BSP, SEC ink deal on PERA data sharing

THE BANGKO SENTRAL ng Pilipinas (BSP) has signed a memorandum of agreement (MoA) with the Securities and Exchange Commission (SEC) to exchange and manage information on Personal Equity and Retirement Account (PERA) contributors.

time to read

1 mins

December 11, 2025

Business World Philippines

Gold rises; silver hits $60/oz milestone

GOLD GAINED on Tuesday as traders remained optimistic ahead of the US Federal Reserve's interest rate decision, while silver rose to hit an unprecedented $60 per ounce (oz) milestone amid supply constraints.

time to read

1 mins

December 11, 2025

Business World Philippines

ADB approves $400-million loan to improve ease of doing business in the Philippines

THE ASIAN Development Bank (ADB) has approved a $400-million policy-based loan to support the Philippine government's efforts to improve the ease of doing business in the country.

time to read

2 mins

December 11, 2025

Business World Philippines

US stocks end slightly lower as investors await Fed rate decision

THE S&P 500 ended Tuesday’s session slightly lower as investors anticipated that the US Federal Reserve would take a hawkish tone even if it cuts interest rates this week, while JPMorgan was the heaviest drag on the benchmark index after the biggest US bank warned of hefty expenses for 2026.

time to read

2 mins

December 11, 2025

Business World Philippines

Soybean futures extend slide; corn climbs after USDA data

US soybean futures hit their lowest in more than a month on Tuesday, pressured by uncertainty about Chinese demand for US supplies as well as expectations of large South American harvests, analysts said.

time to read

1 mins

December 11, 2025

Business World Philippines

ADB says PHL still likely to post second-fastest growth in Southeast Asia

THE ASIAN Development Bank (ADB) slashed its growth forecasts for the Philippines for this year and 2026 but it is still expected to be the second-fastest growing economy in Southeast Asia.

time to read

3 mins

December 11, 2025

Business World Philippines

Unemployment rate rises to 5%, highest in 3 months

THE NUMBER of jobless Filipinos rose by about 570,000 to 2.54 million in October from a year earlier, even as overall employment increased by 460,000, the Philippine Statistics Authority (PSA) reported on Wednesday, underscoring persistent vulnerabilities in the labor market despite headline job gains.

time to read

3 mins

December 11, 2025

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