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dc.coverage.spatialPhilippinesen
dc.date.accessioned2019-09-11T05:56:59Z
dc.date.available2019-09-11T05:56:59Z
dc.date.issued2016-05-07
dc.identifier.citationDBP spearheads lending to 'sunshine' eel industry. (2016, May 7). Manila Bulletin, p. B-2.en
dc.identifier.urihttp://hdl.handle.net/20.500.12174/7128
dc.language.isoenen
dc.publisherManila Bulletin Publishing Corporationen
dc.subjecteel cultureen
dc.subjectfish cultureen
dc.subjectaquacultureen
dc.titleDBP spearheads lending to 'sunshine' eel industryen
dc.typenewspaperArticleen
dc.citation.journaltitleManila Bulletinen
dc.citation.firstpageB-2en
local.seafdecaqd.controlnumberMB20160507_B-2en
local.seafdecaqd.extractThe Development Bank of the Philippines (DBP) has granted the first eel grow-out loan to Cacayan Aqua Ventures Inc. (CAVI), a start-up corporation currently in the process of expanding its eel farming and grow-out operations in Laguna. The loan agreement signed by DBP with CAVI is a milestone development in the pioneering local eel industry which started in the 1960s, fizzled out in the 1970s, but has enjoyed a recent resurgence in an industry estimated to reach more than P290.24-million annually. This potential growth has been stimulated by increasing foreign demand from such countries as Japan, South Korea, Taiwan, and China, a vibrant local MSME sector, and the country’s competitive advantages as a natural eel highway and tropical spot that allows for year-round growing.en
local.subject.personalNameCacayan, Jimmy D.
local.subject.corporateNameDevelopment Bank of the Philippines (DBP)en
local.subject.corporateNameIntegrated Growers and Traders (IGAT)en
local.subject.corporateNameDepartment of Agriculture (DA)en
local.subject.corporateNameBoard of Incentivesen
local.subject.corporateNameDepartment of Trade and Industry (DTI)en
local.subject.corporateNameBureau of Fisheries and Aquatic Resources (BFAR)en


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