Amid slumping exports, fishing firms in South Central Mindanao may soon retrench workers unless funding needs to boost product quality and processing capacities are addressed, the Philippine Exporters Confederation (Philexport) has warned. “Most of these companies have either retrenched workers, applied work rotation schedules or laid off workers,” said Philexport Region 12 executive director Ismael Salih Jr. At present, there are a total fo 300,000 workers in fishing and marine manufacturing industry in the region.

Mercurio, R. (2016, March 7). Mindanao fishery sector needs funding for export. The Philippine Star, p. B-2.