Climate change to affect Southeast Asia manufacturing sector

A research showed that the manufacturing industry across Southeast Asia, including the Philippines, would suffer productivity losses in the next 30 years due to rising temperatures caused by climate change.

A recent report released by British firm Verisk Maplecroft said that Southeast Asia could lose an average of 16 percent of its current labor capacity due to the rising heat stress in the next three decades.

Singapore and Malaysia are predicted to experience productivity loses at 25 percent and 24 percent, respectively.

They are followed by Indonesia with 21 percent drop, and Cambodia and the Philippines with 16 percent.

Thailand and Vietnam could also suffer 12-percent decrease in labor productivity due to heat stress.