Three out of four “bangus” (milkfish) raised in ponds and cages in the country were bred abroad, according to local producers. The Philippines’ requirement for bangus fry is close to four billion yearly, but hatcheries can produce only 800 million fry a year at most because of insufficient broodstock to produce the fry, said Alex Soriano, chair of the Philippine Milkfish Industry Group. As much as 75 percent of the country’s bangus fry requirement is imported from Indonesia, said the National Integrated Fisheries Technology Development Center (NIFTDC), a research arm of the Bureau of Fisheries and Aquatic Resources (BFAR) based in this bangus capital.

Cardinoza, G. (2019, May 1). 'Bangus' capital tapping wild fry to fill shortage. Philippine Daily Inquirer, p. A8.