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Visitor arrivals of 6 million seen possible in 2025 — leisure analyst

REUTERS

THE PHILIPPINES can hit visitor arrivals of 6 million this year, even with its key source markets roiled by currency volatility, Leechiu Property Consultants said.

“I think the Philippines can still book 6 million visitors by year’s end, but of course there are risks,” Alfred Lay, director for hotels, tourism, and leisure at Leechiu, told BusinessWorld.

“Risks for this year are all mainly external, namely the uncertainty in the global economy, airline disruptions, and exchange rate volatility in our top source markets, which can both have positive and adverse effects,” he added.

The Department of Tourism reported that the Philippines booked 5.95 million visitor arrivals last year, well off its target of 7.7 million.

Mastercard Chief Economist for Asia-Pacific David Mann said that inbound tourism to the Philippines is recovering slowly compared to the outbound segment of the business.

“We have seen outbound spending rise 6% versus 2019, with the majority traveling to Japan, Korea, and Vietnam,” Mr. Mann said in a virtual briefing on Thursday.

“The inbound recovery has been a bit slower, at less than three-quarters (72%) recovered to 2019 levels, likely due to some of the slower recovery in the air capacity and reliance on long-haul markets,” he added.

He noted the slowdown in arrivals from Northeast Asia but added that visitors from Singapore, the US, and Australia, as well as overseas Filipinos, have been helping support the recovery.

The Philippines recorded 2.1 million visitor arrivals as of May 1, down 0.82% year on year.

South Korea, the top source market, accounted for 22.25% of arrivals, or 468,337, down 18% from a year earlier.

The other top source markets were the US, Japan, Australia, and Canada.

“While the dip in South Korean arrivals is notable, it’s too early to call it a lasting trend,” Mr. Lay said.

“Encouragingly, we’re seeing steady growth from the US, Australia, Japan, and parts of Europe — markets showing healthy demand that can help offset the shortfall,” he said.

However, he said the decline in arrivals “highlights the ongoing need for both the private and public sectors to continue improving our infrastructure and services.”

“The regional market is very competitive, and we need to keep adding more focus, resources, and funding to our tourism sector to ensure we stay relevant,” he added.

He said the opportunities in Philippine tourism still lie mainly in the domestic market. — Justine Irish D. Tabile

Puregold sees Vis-Min expansion helping more small businesses

PLANS to expand in the Visayas and Mindanao will help encourage the growth of small businesses, supermarket chain Puregold Price Club, Inc. said.

Puregold Vice-President for Operations Antonio G. Delos Santos II said that the company, whose core market is sari-sari store owners buying inventory to sell to consumers, has a new-store target of 25 locations.

“What we want is to put up stores in places that do not yet have Puregold,” Mr. Delos Santos told reporters on the sidelines of Puregold’s Tindahan ni Aling Puring (TNAP) Convention on Thursday.

“Very soon we will be opening in Pantukan, Davao de Oro and in Sindangan, Zamboanga del Norte,” he added.

He said there are also plans to open stores in the north, Metro Manila, and Bicol.

“We want Aling Puring’s footprint (to be nationwide) because we believe that it is not only the National Capital Region that needs the help of Aling Puring,” he said.

“We want Aling Puring to reach all places in the Philippines, especially Visayas and Mindanao, to help entrepreneurs in these regions,” he added.

He said that the company’s goal is to help businesses succeed by selling the right products.

“If more Puregold stores open, more jobs will be created,” he added.

Puregold President Ferdinand Vincent P. Co said the company’s business impact is not limited to the number of locations.

“When a sari-sari store thrives, a family moves forward, a community strengthens, and the economy grows from the ground up. By enabling our ‘Ka-Asensos’ (sharers in prosperity) to succeed, we are paving the road to thriving communities,” he added.

It said the TNAP program has become a “nationwide platform for micro-entrepreneurship.”

Puregold currently has a 512-store network. — Justine Irish D. Tabile

SC ruling nullifying LGU mining bans sets bad precedent — environmentalists

DAVID HELLMANN-UNSPLASH

By Kyle Aristophere T. Atienza, Reporter

A SUPREME COURT (SC) ruling striking down local-government mining bans sets a bad precedent for conservation, according to environmental groups.

The ruling also exposes the flaws of a 1995 mining law, they added.

Alyansa Tigil Mina (ATM) said the ruling has “clear repercussions for efforts to stop destructive and irresponsible mining.”

It called for a balanced interpretation of laws on local autonomy and minerals management.

“In the real world where mining corporations and political dynasties rule economic decision and management of our natural resources, this is not a just interpretation, in our view.”

The ruling nullified a 25-year moratorium on large-scale mining by the province of Occidental Mindoro and the municipality of Abra de Ilog in that province, with the SC saying it violated Republic Act (RA) No. 7942 or the Philippine Mining Act of 1995.

It stemmed from a case filed by Agusan Petroleum and Mineral Corp., which argued that the ban violated its exclusive rights to mine in Mamburao and Abra de llog under a government-approved Financial or Technical Assistance Agreement (FTAA).

ATM said the ruling constrains the police powers of LGUs, though it notes that instead of blanket bans, it found that LGUs can decide to approve or disapprove of specific mining applications.

“We are asking public interest law organizations to review and give a briefing to environmental and climate justice networks and affected communities as soon as possible, so we may be able to draft our responses with concerned LGUs,” it said.

Occidental Mindoro elevated the case filed by Agusan to the SC after a regional trial court voided the ordinances imposing the ban.

The province argued that the ordinances were a valid exercise of its police power since their purpose was to protect the environment and the lives and safety of residents.

The SC said large-scale mining and exploration of mineral resources are legal under the Constitution and the Philippine Mining Act of 1995, adding that it is the State’s duty to promote these activities “to support national development, while also ensuring environmental protection and safeguarding the rights of affected communities.”

Local ordinances are not considered “laws” that can prohibit mining under Section 19 of RA 7942, according to the ruling.

The power of LGUs to issue ordinances comes from Congress, and interpreting “laws” to include local ordinances would, in effect, allow LGUs to override Congressional authority to regulate mining, it said.

The ruling noted that RA 7942 gives LGUs the power to approve or deny individual mining applications based on their effects on the environment, livelihoods, and land rights.

“However, the law does not authorize them to impose a blanket ban on all large-scale mining in their area,” the court said.

Kalikasan People’s Network called the ruling a “dangerous move.”

“This ruling… is a direct assault on the autonomy of local governments and the collective right of the people to a balanced and healthful ecology, as enshrined in the Constitution,” it said.

The group called on the 20th Congress to repeal RA 7942 and pass the people’s mining bill.

The bill seeks the creation of multi-sectoral mineral councils, expanding the decision-making process to affected communities,stakeholders, and LGUs.

The bill “affirms the role of the MGB as a scientific research institution under the DENR.”

Meanwhile, the Philippine Nickel Industry Association (PNIA) said the court ruling “holds profound significance not just for the mining sector, but also for maintaining the delicate balance between local government authority and national laws.”

It called the ruling a “pivotal step in enhancing the competitiveness of the mining industry while fostering its sustainable development.”

“This ruling not only clarifies legal ambiguities in mining governance but also sets a crucial precedent for future policy discussions.”

The SC issued the ruling months after the province of Palawan, backed by local communities, issued a 50-year moratorium on new mineral agreements.

Finance dep’t, UNDP launch $4.5-million accelerator for nature-based enterprises

THE Department of Finance (DoF) said it tied up with the United Nations Development Programme (UNDP) to launch a $4.5-million “accelerator” which will help enterprises scale up sustainable and inclusive businesses.

“It aims to identify and support 10 high-potential nature-based enterprises that deliver direct, measurable environmental benefits while driving sustainable and inclusive economic growth,” the DoF said in a statement on Thursday.

NatureNest, which was launched on May 5, is a six-month accelerator program under Accelerating Green and Climate Finance in the Philippines: Nature-based Solutions (AGCF) Project.

Also providing funding were the Government of Canada. The UNDP tapped Villgro Philippines to implement the program.

The DoF said the enterprises participating in the program will be supported with capacity-building, coaching, and specialized technical assistance to help them scale immediately.

The project will fund the creation of a climate finance lab; climate data platforms for research in Nature-Based Solutions finance; as well as the design and incorporation of gender-responsive and green and climate-related policies in lending programs.

The AGCF program will also support the establishment of a system to report Sustainable Development Goals impact of green and climate investments made by the private sector and financial institutions. — Aubrey Rose A. Inosante

Coal-fired power plants facing higher insurance costs — DoE

COAL-FIRED power plants are experiencing difficulties in obtaining insurance cover as the transition to green energy moves forward, according to the Department of Energy (DoE).

“The general observation is that the insurance premiums have significantly increased since several years ago. And not only that they have increased, but that insurers are reluctant to renew when it is a coal-fired power plant,” Energy Secretary Raphael P.M. Lotilla said at a briefing on Thursday.

Mr. Lotilla said insurers “have shown reluctance in providing reasonable rates of insurance for the power sector,” even for coal-fired power plants that are up and running.

“We still have coal-fired power plants that are not covered by the coal moratorium,” he said. “And we have the challenge of getting not only financing for those that are still to be built, but also the insurance premiums that are being charged especially for these power plants.”

In 2020, the DoE issued a moratorium on the development of greenfield coal-fired power plants.

The Philippines has around 7,000 megawatts of coal-fired power plants that are 10 years or younger, Mr. Lotilla said.

He met with some representatives of the insurance industry on Wednesday.

“We want to make sure (we can) convince them that the risks that they associate with the Philippines are actually much less than what they are (pricing into) their premiums,” he said.

He said insurance companies are currently reviewing their exposure in the face of the changing global environment.

The government is seeking to increase the share of renewable energy in the power generation mix to 35% by 2030 and to 50% by 2040.

In 2023, the power generation mix consisted of 63% coal-fired and 22% renewable energy. — Sheldeen Joy Talavera

Agri budget for 2026 to feature bigger allocations for coconut, coffee, sugar

PHILIPPINE STAR/JESSE BUSTOS

THE Department of Agriculture (DA) said it will seek to move away from its current rice-centric focus by funding more high-value crops like coconut and coffee in 2026.

Bago ako pumasok, actually rice-centric na. (Before I took office, the Department was already rice-centric) But right now, for our proposed 2026 budget, we are putting more money into coconut, calamansi, coffee, sugar, (and other) high-value crops,” Agriculture Secretary Francisco Tiu Laurel, Jr. told reporters.

In the first quarter, the value of production of palay (unmilled rice) at constant 2018 prices grew 0.3% to 4.7 million metric tons.

Corn production declined 5.1% in the quarter, reversing the year-earlier 0.5% growth.

Coconut output slipped 0.3%, against the 3.3% decline a year earlier.

Crops that posted double-digit increases in the value of production included tobacco (80.4%), cacao (23.6%), sugarcane (19%), rubber (13.6%), coffee (10.7%) and mung bean (10.1%). — Kyle Aristophere T. Atienza

Xinyx Design seeking to tap Visayan talent

XINYXDESIGN.COM

INTEGRATED CIRCUIT (IC) design solutions company Xinyx Design said it is looking to open an office in the Visayas to broaden the pool of IC designers.

“We need to work on the foundation and make sure the ecosystem is present and visible for companies around the world to say, ‘Okay, the Philippines is good to invest in,’” Christine Gojar, corporate communications executive at Xinyx Design, told BusinessWorld.

“We’re planning to expand in Visayas, but we’re not sure when because we’re still focused on curriculum development with the schools,” she said. “We’re looking at Cebu and Iloilo.”

Xinyx Design was established in 2009 with 10 engineers. The company is one of the biggest fabless IC design houses in Southeast Asia with about 400 engineers.

“We’ve really been growing exponentially just because of the demand, and we’re (running out of) people to hire, and that’s why we’ve been focusing on going to the schools and trying to get students interested in microelectronics,” Ms. Gojar said.

However, she said finding interested prospects requires a clearing up of misconceptions about the semiconductor industry.

“When (students) hear about semiconductors, they think they’re going to work at a factory,” Ms. Gojar said.

Last week, the company teamed up with Colegio de Muntinlupa to launch LABS by Xinyx, the first flexible learning platform catering to IC design and microelectronics.

The company is looking to train 1,000 students annually through LABS by Xinyx.

The Campus Connect Program, which Xinyx launched in 2018, aims to help students enter the microelectronics industry through internships and scholarships.

The company has worked with schools such as the Mindanao State University – Iligan Institute of Technology, Colegio de Muntinlupa, De La Salle University, Technological University of the Philippines – Manila, and Batangas State University.

“The target really is to convince the STEM (science, technology, engineering and mathematics) high school students to take up electronics engineering or computer engineering when they get to college, and to get the undergraduates interested in IC design and take up a microelectronics specialization,” Ms. Gojar said.

Electronic products were the Philippines’ top commodity export last year, accounting for 53.4% of the total. — Beatriz Marie D. Cruz

UBS sees pickup in PHL gold investments

FREEPIK

UBS INVESTMENT BANK said gold investments in the Philippines are expected to pick up this year, driven by the US Federal Reserve’s easing cycle and a weakening dollar.

“If you look at physical investment demand, it was positive in the first quarter, and that’s helped offset the weakness in jewelry demand. So I would expect that trend to continue,” UBS Investment Bank Precious Metals Strategist Joni Teves said in a briefing on Thursday.

UBS sees gold prices ending the year at $3,500 an ounce, but could hit a low of $3,100 if the Fed turns hawkish.

“Our expectation is that the Fed continues to ease policy rates, given the downside risks to economic growth. That is the key to our bullish gold outlook. The weaker dollar view that we have as well is a factor and that is long-term supportive for gold,” Ms. Teves said.

UBS expects gold to continue to rally this year in the face of uncertainty generated by the Trump administration’s tariffs.

“We have been bullish for some time, and we remain bullish on gold here. We think that the market can continue to rally in this environment where there’s a lot of uncertainty, particularly around tariffs, but also broader macro uncertainty, and persistent geopolitical risks,” she said.

Ms. Teves added that gold prices could be dragged down in Asia by demand for jewelry.

“In general, our view this year would be for jewelry demand to continue being under pressure because of the high prices of gold especially given our bullish outlook but for physical investment in gold to continue to be strong,” she said.

Recent policy changes in China supportive of gold could also boost demand as it improves market sentiment, but Ms. Teves noted the volume of investments coming from that country will not be substantial.

“The announcement earlier this year on insurance companies being allowed to invest up to 1% of their assets in gold, we think is a positive factor or a positive development for the long term in gold. Currently, we don’t think that there’s going to be large volumes coming out of this, but what we think this has done is fueled positive sentiment onshore and there has been strong retail and institutional investor demand for gold in China as evidenced by the sharp rise in Shanghai Gold Exchange trading volumes, high premiums onshore, and large inflows into Chinese gold ETFs,” she said. — Aaron Michael C. Sy

Working children tallied at 2.7% of child population

PHILSTAR FILE PHOTO

WORKING CHILDREN as a percentage of the overall child population fell to 2.7% in 2024 from 3.5% a year earlier, the Philippine Statistics Authority (PSA) reported.

The number of working children last year was estimated at 863,000, down from 1.09 million in 2023.

The PSA defines working children as those between five and 17 years and engaged in a family business, or any job, regardless of pay, for at least one hour per week.

The services sector had the biggest share of working children, accounting for 50.3% of the total, against 50% in 2023.

Agriculture accounted for 40.8%.

Boys accounted for 61.8% of working children.

In 2024, 73.8% of working children logged 20 hours or less of work each week, little changed from a year earlier.

Federation of Free Workers (FFW) Vice-President Julius H. Cainglet said that the reduced number of child workers is a good start, but the efforts to reduce child labor will go to waste if the educational system is not improved.

“After all the reason why we want to remove them from work is to get them back to education,” he said via Viber.

Meanwhile, the number of working children involved in “child labor” — those engaged in hazardous work or log more than 40 hours a week — was estimated at about 513,000 in 2024, down from about 678,000 a year earlier.

The PSA estimated that 59.4% of working children in 2024 were engaged in child labor, down from 62% in 2023. The child laborers consisted of 69.1% boys and 30.9% girls.

Agriculture had the highest share of child laborers at 64.2%, followed by services (28.9%) and industry (6.9%).

“We need agro-industrial development so there will be more decent jobs available for the members of the family of working age. We need more funds for education to possibly cover warm and healthy meals for elementary school pupils,” Mr. Cainglet said. — John Phoebus G. Villanueva

PSEi drops to 6,400 level as investors book profits

BW FILE PHOTO

PHILIPPINE STOCKS dropped further on Thursday, pulling the main index back to the 6,400 level, as investors continued to pocket their gains from the market’s US-China truce-driven rally earlier this week.

The Philippine Stock Exchange index (PSEi) retreated by 1.29% or 84.95 points to close at 6,466.86, while the broader all shares index dropped by 0.8% or 30.44 points to 3,768.44.

“The local market declined further as investors continued with their profit taking while waiting for strong positive catalysts,” Philstocks Financial, Inc. Senior Research Analyst Japhet Louis O. Tantiangco said in a Viber message. “Investors are also trading cautiously while going through the first quarter corporate results.”

“Foreigners were net sellers for the day, adding to the market’s decline,” Mr. Tantiangco said.

Net foreign selling stood at P218.23 million on Thursday, a reversal of the P356.25 million worth of net buying recorded on Wednesday.

Mixed earnings results of listed companies caused the market to drop on Thursday, Rizal Commercial Banking Corp. Chief Economist Michael L. Ricafort said in a Viber message.

Almost all sectoral indices closed lower. Mining and oil dropped by 3.34% or 307.68 points to 8,903.61; financials went down by 2.97% or 74.19 points to 2,421.43; property shed 2.46% or 57.4 points to end at 2,272.20; services sank by 0.4% or 8.65 points to 2,131.22; and industrials declined by 0.28% or 26.37 points to 9,164.25.

Meanwhile, holding firms rose by 0.53% or 29.38 points to 5,478.70.

Value turnover dropped to P6.49 billion on Thursday with 1.54 billion shares traded from the P9.5 billion with 1.56 billion issues exchanged on Wednesday.

Market breadth was negative as decliners outnumbered advancers, 108 versus 77, while 61 names were unchanged.

Mr. Ricafort said the PSEi’s immediate minor support is at 6,275-6,385 and resistance is at 6,591.94.

Global stocks fell on Thursday while the dollar stumbled as the euphoria from market tailwinds earlier in the week fizzled out, with traders looking to US data later in the day for further catalysts, Reuters reported.

Investors were greeted with a plethora of good news earlier this week from a US-China trade-war truce to a raft of headline-grabbing investment deals from the Middle East during US President Donald J. Trump’s Gulf tour, in moves that breathed new life into battered global stocks.

But most of the optimism died down by Thursday, leaving MSCI’s broadest index of Asia-Pacific shares outside Japan down 0.15% and Wall Street futures slightly lower after notching marginal gains during the overnight cash session.

While the trade deal between the US and China gave markets some reason to cheer, the absence of clarity over Mr. Trump’s trade policies has left markets with a sense of lingering uncertainty over the global economic outlook. — R.M.D. Ochave with Reuters

Peso rebounds as dollar rally loses steam

BW FILE PHOTO

THE PESO strengthened on Thursday as the dollar fell before the release of US retail sales data overnight.

The local unit closed at P55.746 per dollar on Thursday, strengthening by 10.9 centavos from its P55.855 finish on Wednesday, Bankers Association of the Philippines data showed.

The peso opened Thursday’s session slightly up at P55.80 against the dollar. Its worst showing was at P55.84, while its intraday best was at P55.71 versus the greenback.

Dollars traded went down to $1.87 billion on Thursday from $1.92 billion on Wednesday.

“The peso appreciated in anticipation of a likely contraction in US retail sales for April,” a trader said in an e-mail.

The dollar was also dragged by lower global crude oil prices on Thursday, as well as a surge in the major Asian currencies, Rizal Commercial Banking Corp. Chief Economist Michael L. Ricafort said in a Viber message.

For Friday, the trader expects the peso to move between P55.60 and P55.85 per dollar, while Mr. Ricafort sees it ranging from P55.65 to P55.85.

The US dollar lost its footing against major peers on Thursday ahead of retail sales later in the day that could offer clues on US consumer strength in the face of tariff risks, while excitement over a Sino-US trade deal faded, Reuters reported.

The greenback has given up most of its gains from Monday after the United States and China announced a 90-day pause on most of the tariffs imposed on each other’s goods since early April, easing fears of a global recession.

Safe-haven currencies gained, with the Japanese yen strengthening 0.6% to 145.88 per dollar after having touched a one-month low of 148.65 earlier this week. The Swiss franc firmed 0.6% to 0.8376 versus the dollar.

The euro tacked on 0.2% to $1.12.

Most Asian currencies advanced versus the dollar too, led by a surge in the South Korean won for the second day after news on Wednesday that officials from South Korea and the US met last week to discuss the dollar/won exchange rate led to a bout of dollar selling.

The won surged 0.7% at 1,397.68 per dollar. The sudden lurch in the won was reminiscent of an unprecedented two-day surge in Taiwan’s currency at the start of May, which also coincided with the end of US-Taiwan trade talks in Washington.

The Taiwan dollar was 0.5% stronger to the dollar on Thursday.

A Bloomberg report on Wednesday, however, said the US is not negotiating for a weaker dollar as part of tariff talks, which has helped calm some of the nervousness in the markets.

The dollar index, which measures the US unit against six other currencies, was 0.2% lower at 100.81, but on course to eke out a 0.4% gain for the week. Even so, the index is down nearly 7% in 2025.

US President Donald J. Trump’s aggressive and erratic trade policies have rattled investors’ confidence in the dollar, leading to a sharp fall in US assets. While stock markets have recouped April losses, the dollar remains under pressure.

A major market focus on Thursday will be US retail sales data, and investors are also going to be looking out for more details on possible trade deals after the US-China tariff truce. — A.M.C. Sy with Reuters

Philippines, Germany sign defense pact

PHILIPPINE Defense Secretary Gilberto C. Teodoro, Jr. and German counterpart Boris Pistorius signed a defense agreement on Wednesday in Berlin. — DND

GERMANY and the Philippines have agreed to enhance defense ties and boost joint activities as Manila builds up a range of alliances to strengthen its position in a longstanding dispute with China in the contested South China Sea.

Philippine Defense Secretary Gilberto C. Teodoro, Jr. and German counterpart Boris Pistorius signed an “arrangement concerning defense cooperation” in Berlin on Wednesday, agreeing to expand cooperation to include cybersecurity, defense armament and logistics, and United Nations (UN) peacekeeping, the Philippine Department on National Defense (DND) announced on Thursday.

Defense officials from both nations are set to review proposed joint activities for potential implementation under the agreed arrangement next year, it added.

“The arrangement builds on the 1974 Administrative Agreement concerning training of Armed Forces of the Philippines (AFP) personnel in Germany, one of the longest defense cooperation frameworks of the Philippines with another country,” it said in a statement.

The deal follows a visit by Mr. Pistorius to Manila last year where he and Mr. Teodoro committed to boosting long-term relations between their militaries.

The Philippines’ defense cooperation arrangement with Berlin adds to a growing list of defense deals beyond its traditional ally the United States.

Last month, the Philippines signed a defense agreement with New Zealand for expanded military cooperation, and a similar deal with Canada is expected to be signed soon.

A reciprocal access deal with Japan was ratified in December, and President Ferdinand R. Marcos, Jr. has approved the start of negotiations with France for a visiting forces agreement.

The Philippines and China have repeatedly locked horns over contested features in the South China Sea — such as Scarborough Shoal and Spratly Islands, leading to maritime confrontations that involve the use of water cannons and repeated sideswipes by Chinese vessels against Philippine ships.

Beijing claims almost the entire South China Sea, a vital trade artery, despite overlapping maritime claims by Brunei, Malaysia, the Philippines and Vietnam, angering its neighbors.

In 2016, the Permanent Court of Arbitration in the Hague said Beijing’s claims had no legal basis. China rejects that decision.

Mr. Pistorius said in Manila last August that the “ruling remains valid, without any exceptions.”

In September last year, two German warships went on a rare transit in the Indo-Pacific to demonstrate Berlin’s commitment to freedom of navigation.

Also in Berlin, Mr. Teodoro said the Philippines pledged to deploy more Filipino troops as part of the UN peacekeeping force, adding a light infantry battalion from the Philippine military and a police unit.

Manila will also continue deploying military observers and police officers to safeguard support staff offices of UN missions in other countries, the DND said in a separate statement.

“The Philippines stands ready to contribute to a safer and more secure world as a trusted partner, pathfinder and peacemaker in the pursuit of lasting and sustainable peace,” Mr. Teodoro said. The Southeast Asian nation is currently bidding for a non-permanent seat at the UN Security Council.

Meanwhile, the Philippines’ army chief stressed the need for smaller nations to expand alliances and engage in strategic partnerships with allies to help boost the land-fighting capabilities of their militaries. “Small states could multiply their land power exponentially by continuously building a network of partnerships and alliances involving reliable and like-minded arms for a more… integrated response,” Lieutenant General Roy M. Galido, commanding general of the Philippine Army, said based on a statement by the US Army Pacific. 

“Caught in the middle of this geopolitical maelstrom are not only major global and regional players, but also small states struggling to survive and protect their interests,” he added. — Kenneth Christiane L. Basilio with Reuters