While fishing is one of the major industries in the Philippines’ agriculture, fisheries, and forestry sector, its contribution to the economy is still minimal—only 1.7 percent of the gross domestic product. The study authored by PIDS president Gilberto Llanto, research analyst Maria Kristina Ortiz, and former supervising research specialist Cherry Ann Madriaga said the industry’s current regulatory framework is burdensome. The authors mapped out the regulations imposed on the industry and identified those that are unnecessary and too burdensome for the key players.

Regulation on tuna fishing burdensome. (2017, May 08). Malaya Business Insight, p. A2.