Fisheries sector recovery to depend on adapting to new markets — think tank

Ochave, Revin Mikhael D.

Date

July 16, 2020

Author

Ochave, Revin Mikhael D.

Metadata

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Classification code

BW20200716_S1/6

Excerpt

The fisheries sector should be alert to changing consumer preferences and pursue more value-adding activities to work around the potential weak links exposed by the pandemic, such as the breakdown in logistics arrangements caused by the lockdown, a government think tank said. In a webinar conducted by the National Academy of Science and Technology Wednesday, Reynaldo V. Ebora, executive director of the Philippine Council for Agriculture, Aquatic and Natural Resources Research and Development (PCAARRD), said the industry’s recovery prospects will depend on its adaptability to the new market landscape after the lockdown. These include tapping new markets and developing value-added products to make up for the loss of customers like the restaurant industry.

Citation

Ochave, R. M. D. (2020, July 16). Fisheries sector recovery to depend on adapting to new markets — think tank. BusinessWorld, pp. S1/6.