Decline in fish output seen in 4th quarter | Inquirer News

Decline in fish output seen in 4th quarter

/ 05:00 AM October 19, 2022

Milkfish and tilapia at a market. STORY: Decline in fish output seen in 4th quarter

Milkfish (bangus) and tilapia. INQUIRER.net photo

MANILA, Philippines — Fish prices may go up in the last quarter of the year due to a projected decrease in supply because of the “adverse impacts” of rising domestic pump prices on the sector.

In a statement, the Pambansang Lakas ng Kilusang Mamamalakaya ng Pilipinas (Pamalakaya) said that fisherfolk had either abandoned their livelihood and found alternative jobs or reduced their fishing activities as their meager income made it challenging for them to recover ever-rising production costs.

ADVERTISEMENT

Around 80 percent of their earnings go to fuel alone.

FEATURED STORIES

“Fishermen will not be able to recover from the continuous increase in the prices of petroleum products, particularly crude oil for fishing vessels,” said Ronnel Arambulo, national spokesperson for Pamalakaya.

He reiterated the group’s plea for a P15,000 subsidy to cover a fisherman’s fuel expenses for at least two months.

Tugon Kabuhayan also urged the government to prioritize the agriculture sector or more farmers would stop farming while fishermen would cease plying their trade.

—JORDEENE B. LAGARE

RELATED STORIES

Pension fund for fishers, farmers sought

Cartel behind high fish prices in Bohol

Your subscription could not be saved. Please try again.
Your subscription has been successful.

Subscribe to our daily newsletter

By providing an email address. I agree to the Terms of Use and acknowledge that I have read the Privacy Policy.

TAGS: fish prices, fuel prices, Pamalakaya

© Copyright 1997-2024 INQUIRER.net | All Rights Reserved

We use cookies to ensure you get the best experience on our website. By continuing, you are agreeing to our use of cookies. To find out more, please click this link.