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Billions for commercial tuna industry, crumbs for fisherfolk

Months of investigation by Bulatlat revealed that the booming commercial tuna industry in General Santos City, dubbed the Philippines’ “tuna capital,” favors industrial scale commercial fishing fleets at the expense of the livelihood of thousands of ordinary fisherfolk. The post Billions for commercial tuna industry, crumbs for fisherfolk appeared first on Bulatlat......»»

Category: newsSource: bulatlat bulatlatMar 25th, 2024

RCBC income hits all-time high in 2023

Rizal Commercial Banking Corp. grew its net income by 15 percent to hit a record P12.22 billion in 2023, fueled by faster-than-industry loan and deposit growth......»»

Category: financeSource:  philstarRelated NewsFeb 27th, 2024

Lab Notes | Rosario’s black sand: That which we call home

Juan is just one out of many fisherfolk unable to make a living from the sight that greets them in the morning and lulls them at night. When reclamation started in Manila Bay and in Bulacan Aerotropolis, it meant finding source material for dumping, and there is no need to look farther than Cavite whose coasts are rich in black sand. High in iron content, the black sand can be used for concrete and asphalt production—a vital ingredient for built infrastructure. The post Lab Notes | Rosario’s black sand: That which we call home appeared first on Bulatlat......»»

Category: newsSource:  bulatlatRelated NewsJan 18th, 2024

ADB approves 655,000 USD to help Philippine rural banks digitization

MANILA, Feb. 19 (Xinhua) -- The Asian Development Bank (ADB) on Monday said it will provide grants totaling 655,000 U.S. dollars for the digitization of nine rural banks and a bank consortium in the Philippines. The grants are part of ADB's Fintech for Inclusion Transformation (FIT) program. The grant awardees were chosen from among rural banks nationwide serving women, farmers, fisherfolk, and micro, sma.....»»

Category: newsSource:  manilanewsRelated NewsFeb 21st, 2024

ADB approves 655,000 USD to help Philippine rural banks digitization

MANILA, Feb. 19 (Xinhua) -- The Asian Development Bank (ADB) on Monday said it will provide grants totaling 655,000 U.S. dollars for the digitization of nine rural banks and a bank consortium in the Philippines. The grants are part of ADB's Fintech for Inclusion Transformation (FIT) program. The grant awardees were chosen from among rural banks nationwide serving women, farmers, fisherfolk, and micro, sma.....»»

Category: newsSource:  philippinetimesRelated NewsFeb 20th, 2024

6 Catholic bishops demand protection for Filipino fishers from Chinese aggression

Six Catholic bishops in dioceses with fisher communities have issued a rare appeal for the government to bring the full might of the law against Chinese vessels harassing Filipino fisherfolk, backing international action to stem China’s “forcible occupation” of Philippine maritime zones......»»

Category: newsSource:  philstarRelated NewsFeb 5th, 2024

DBM releases P900 million crop insurance funding

To cover the crop insurance premium of subsistence farmers and fisherfolk in the country, the Department of Budget and Management has released P4.5 billion and its corresponding Notice of Cash Allocation for the 1st Quarter of the year in the amount of P900 million to the Philippine Crop Insurance Corp......»»

Category: sportsSource:  abscbnRelated NewsApr 8th, 2024

Akbayan to Sara: You don’t have to be president to speak vs China

MANILA, Philippines — Party-list group Akbayan said on Thursday that Vice President Sara Duterte does not have to be a president of the country for her to call out China’s intrusive actions over the West Philippine Sea (WPS). Empathy and a moral backbone is just what it takes to stand up with fisherfolk and frontline.....»»

Category: newsSource:  inquirerRelated NewsMar 28th, 2024

From the Newsrooms: December 11 to 16, 2023

BEIJING'S RISING belligerence in the West Philippine Sea (WPS) has dampened the mood of seasonal merry-making, especially for the Filipino troops stationed in the area and the fisherfolk who have borne the brunt of China's aggression. Media reports have quoted a security expert describing the shadowing of the country's re-supply missions along with the swarming of Chinese militia boats in Philippine waters as a "calcul.....»»

Category: lifestyleSource:  abscbnRelated NewsJan 18th, 2024

From the Newsrooms: December 11 to 16, 2023

BEIJING'S RISING belligerence in the West Philippine Sea (WPS) has dampened the mood of seasonal merry-making, especially for the Filipino troops stationed in the area and the fisherfolk who have borne the brunt of China's aggression. Media reports have quoted a security expert describing the shadowing of the country's re-supply missions along with the swarming of Chinese militia boats in Philippine waters as a "calcul.....»»

Category: newsSource:  manilanewsRelated NewsJan 17th, 2024

Pinoys to continue fishing in Panatag

Filipino fisherfolk will not be cowed and will continue to fish in Panatag Shoal despite China’s empowering of its coast guard to detain for 60 days without trial anyone or any vessel found trespassing in what it considers its territorial waters......»»

Category: newsSource:  philstarRelated News1 min. ago

Civilian mission to WPS undeterred by reported Chinese presence

The civilian-led mission aiming to deliver supplies to Filipino fisherfolk in Panatag Shoal, also known as Bajo de Masinloc, will proceed with the trip despite the reported heavy presence of Chinese vessels in the area, its organizer said on Monday......»»

Category: newsSource:  philstarRelated NewsMay 13th, 2024

On Earth Day, groups amplify calls to fight back against reclamation, dredging

Groups reiterated the call to end reclamation and dredging activities in Manila Bay in a gathering April 20 in the coastal areas of Navotas City where 1,000 fisherfolk families were reportedly affected by the demolition of mussel farms attributed to the proposed Navotas Bay Coastal Reclamation Project. The post On Earth Day, groups amplify calls to fight back against reclamation, dredging appeared first on Bulatlat......»»

Category: newsSource:  bulatlatRelated NewsApr 24th, 2024

El Nino pattern costs Philippine agriculture over 68 mln USD

MANILA, April 19 (Xinhua) -- The El Nino dry spell and drought damage to Philippine agriculture has reached over 3.94 billion pesos (roughly 68 million U.S. dollars), official data released on Friday showed. According to the Department of Agriculture, 11 regions across the Southeast Asian country are reeling from the weather phenomenon, which has affected nearly 74,000 farmers and fisherfolk. More than 66,000 he.....»»

Category: newsSource:  manilanewsRelated NewsApr 21st, 2024

EL Niño agriculture damage balloons to P3.94 billion

Damage to the agriculture sector due to El Niño has reached P3.94 billion, covering 66,065 hectares and affecting 73,713 farmers and fisherfolk, according to the Department of Agriculture......»»

Category: newsSource:  philstarRelated NewsApr 20th, 2024

Philippines military vessels shouldn’t accompany fishers in West Philippine Sea – Villar

The country’s military vessels should not accompany fisherfolk in the West Philippine Sea to prevent possible attack from Chinese ships, Sen. Cynthia Villar said yesterday......»»

Category: newsSource:  philstarRelated NewsApr 16th, 2024

Fishers lose Laguna lake share to private developers

The share of small fisherfolk in the 9,200-hectare Laguna de Bay has been lowered to 53 percent after the Laguna Lake Development Authority increased private operators’ allocation to 47 percent......»»

Category: newsSource:  philstarRelated NewsMar 26th, 2024

El Nino costs Philippine agriculture up to 18.9 mln USD

MANILA, March 6 (Xinhua) -- The Philippine government said Wednesday that the El Nino dry spell and drought has cost Philippine agriculture over 1 billion pesos (roughly 18.9 million U.S. dollars) while the climate pattern may persist till the second quarter this year. The National Disaster Risk Reduction and Management Council said El Nino has affected over 23,000 farmers and fisherfolk, damaged nearly 18,000 h.....»»

Category: sportsSource:  abscbnRelated NewsMar 6th, 2024

Xinhua world economic news summary at 0900 GMT, March 6

MANILA -- The Philippine government said Wednesday that the El Nino dry spell and drought has cost Philippine agriculture over 1 billion pesos (roughly 18.9 million U.S. dollars) while the climate pattern may persist till the second quarter this year. The National Disaster Risk Reduction and Management Council said El Nino has affected over 23,000 farmers and fisherfolk, damaged nearly 18,000 hectares of crop ar.....»»

Category: sportsSource:  abscbnRelated NewsMar 6th, 2024

Malabon fishermen get 20 boats from BFAR, DOLE

Members of four fisherfolk groups in Malabon yesterday received 20 motorized boats from the Bureau of Fisheries and Aquatic Resources as well as the Department of Labor and Employment......»»

Category: newsSource:  philstarRelated NewsFeb 27th, 2024

Cyanide in Scarborough? PH says it would probe, China says ‘disinfo’

Philippine fisherfolk say other nationalities have been using cyanide in Bajo de Masinloc.....»»

Category: newsSource:  rapplerRelated NewsFeb 20th, 2024