Rice eel exports reached P517 million in the first half, as farmers in Cagayan Valley devised a way to turn the "pest" into an export-quality fish commodity, the Bureau of Fisheries and Aquatic Resources said Thursday. "Two years following its massive infestation, the country is now profiting greatly from the said fish species, bringing in an estimated amount of P517 million in export value in the first half,"BFAR said in a statement. "Current projection indicates that Region 2 alone is likely to produce over P1 billion worth of export at the end of 2013," it said.

Estrada, A. L. (2013, August 9). Rice eel exports reach P517m. Manila Standard, p. B3.