Closed fishing season in Visayas seen creating 'artificial' shortages
Excerpt
The three-month closed fishing season in the Visayan Sea is expected to cause an “artificial” shortage of fish with a knock-on effect on inflation, an organization of fishermen said. The Pambansang Lakas ng Kilusang Mamamalakaya ng Pilipinas (PAMALAKAYA) said in a statement Tuesday that the closed fishing season in the Visayan Sea will depress supply and raise prices. The Bureau of Fisheries and Aquatic Resources (BFAR) closed fishing in the Visayan Sea on Nov. 15. It will run until Feb. 15. The fish species covered by the ban in those waters include sardines, herring, and mackerel.
Citation
Ochave, R. M. D. (2021, November 17). Closed fishing season in Visayas seen creating 'artificial' shortages. BusinessWorld, p. S1/8.
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