The Bureau of Fisheries and Aquatic Resources (BFAR) said on Monday that it allocated P1.06 billion in 2025 on programs that will boost the seaweed industry. In a statement, the BFAR said that the funding will support the Enhanced Philippine Seaweed Development Program. BFAR officer in charge Director Isidro M. Velayo, Jr. said “around half” of the funding will procure seaweed farm implements for distribution, establish 109 new nurseries, and maintain 24 existing seaweed culture areas.

Halili, A. H. (2024, November 12). Seaweed industry enhancements to get P1.06 billion in 2025 funding. BusinessWorld, p. S1/9.