Tag: HSBC

Finance and environment officials in Southeast Asia are calling for a major shift in how governments respond to climate change, warning that its impacts are no longer just environmental—but economic.

The Philippines is stepping up its push to revive Chinese arrivals, welcoming Air China’s inaugural Chongqing–Manila (CKG–MNL) flight on May 2 as a key milestone in rebuilding one of its most vital tourism markets.

Environment Secretary Juan Miguel Cuna visited an evacuation site on May 1 at Obando National High School, where around 120 families are staying after being displaced by heavy smoke from a landfill fire in Navotas.

The Philippines’ digital economy expanded to PhP 2.74 trillion in 2025, accounting for 9.8 percent of the country’s GDP, according to preliminary data. The figure marks a 5.4 percent increase from the P2.59 trillion recorded in 2024, signaling continued—though moderating—growth in the sector.