Magzter GOLD ile Sınırsız Olun

Magzter GOLD ile Sınırsız Olun

Sadece 9.000'den fazla dergi, gazete ve Premium hikayeye sınırsız erişim elde edin

$149.99
 
$74.99/Yıl

Denemek ALTIN - Özgür

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'den DAHA FAZLA HİKAYE

Business World Philippines

Industrial policy for the Philippines

Industrial policy formulation or industrial strategy is very much the rage all over the global economy today.

time to read

5 mins

October 22, 2025

Business World Philippines

Buyout deals for startups reach record in Japan before listing restrictions

A PLAN to cull the smallest listings on the Tokyo Stock Exchange (TSE) is spurring a record number of buyouts of young companies in Japan, reflecting Tokyo's push to create more billion-dollar startups to better match the country's global standing in scientific research.

time to read

3 mins

October 22, 2025

Business World Philippines

Some analysts see Fed halting balance sheet drawdown on rate turbulence

SOME Wall Street analysts now believe the US Federal Reserve will pull the plug on its long-running effort to shrink its balance sheet at the end of the month.

time to read

3 mins

October 22, 2025

Business World Philippines

Marcos unveils unified toll collection system

PHILIPPINE President Ferdinand R. Marcos, Jr. on Tuesday unveiled a unified toll collection system that will let motorists use a single radio frequency identification (RFID) sticker across all expressways in Luzon, a measure aimed at easing congestion, cutting travel time and advancing the government's digital transport modernization drive.

time to read

3 mins

October 22, 2025

Business World Philippines

Business World Philippines

Converge ICT eyes southern Philippines for next data center site

LISTED fiber broadband provider Converge ICT Solutions, Inc. is planning to expand its data center footprint outside Luzon, with possible sites in the Visayas or Mindanao, its top executive said.

time to read

1 min

October 22, 2025

Business World Philippines

Philippines should forge more trade pacts to cushion US tariff impact, says HSBC

THE PHILIPPINES should pursue more free trade agreements (FTAs) to shield its exports from the fallout of the US' widening trade war, HSBC Global Investment Research said in a report.

time to read

2 mins

October 22, 2025

Business World Philippines

Gov’t fully awards dual-tenor bond offering at mixed yields

THE GOVERNMENT made a full award of the dual-tranche Treasury bonds (T-bonds) it auctioned off on Tuesday at mixed rates amid market preference for papers at the belly of the curve on expectations of further monetary easing by the Bangko Sentral ng Pilipinas (BSP) and the US Federal Reserve.

time to read

2 mins

October 22, 2025

Business World Philippines

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

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

time to read

4 mins

October 22, 2025

Business World Philippines

BSP exempts PERA-UITFs from access restrictions for central bank debt

PERSONAL EQUITY and Retirement Account unit investment trust funds (PERA-UITFs) are now exempted from a foreign ownership rule that limited their access to central bank securities, widening overseas Filipinos' investment options.

time to read

2 mins

October 22, 2025

Business World Philippines

Durant taking less

Kevin Durant didn't have to take less.

time to read

2 mins

October 22, 2025

Listen

Translate

Share

-
+

Change font size