Fishermen representing 100 communities nationwide are expected to purchase machinery and equipment at the world trade center, supported by P400 million worth of loans from the department of agriculture (DA). Agriculture secretary Emmanuel F. Piñol said on Sunday that the loans will have a 2% interest rate, payable in eight years. The event is known as the Philippine Fisheries Expo 2018, to be held on Dec. 17-18.

Ignacio, R. J. N. (2018, December 10). DA to back Fisheries Expo with P400M in loans. BusinessWorld, p. S2/7.