Singapore
Meridan ReportSingapore: APAC's finance and AI command center

Advertisement · Why this ad?

Business

Climate damage to Philippine ports could cost US$70b a year by 2100

Marcus Chen
Managing Editor · Monday, October 26, 2026 at 11:46 AM · 1 min read
Climate damage to Philippine ports could cost US$70b a year by 2100 — South China Morning Post, Singapore Business news
Image: South China Morning Post

The Philippines faces the highest climate-driven port damage costs in Southeast Asia, with annual losses projected to hit US$70.2 billion by 2100, the Asian Development Bank (ADB) has warned. Analysts say the damage could cripple supply chains, drive up food prices and threaten livelihoods, urging Manila to adopt a more coordinated approach to flood protection rather than simply strengthening port infrastructure. In its latest report titled “Asia-Pacific Climate Report 2026: Coastal Risks on the...

Up nextChinese biotech giant WuXi AppTec raises 2026 outlook after profit surgeBusiness · 1 min read
#development#weather
You're offline — showing the last loaded page