Connect with us

Hi, what are you looking for?

Economy

First-quarter fishery output rises by 2%

FISHERIES output rose 2% year on year in the first quarter, led by the marine municipal fisheries and aquaculture segments, the Philippine Statistics Authority (PSA) said.

In its fisheries report, the PSA said output was 991.14 thousand metric tons (MT), up from 971.76 thousand MT a year earlier.

Marine municipal fisheries, which accounted for 24.3% of overall output, grew 9.8% year on year to 240.43 thousand MT.

Aquaculture, which accounts for 55.1% of overall production, increased 1.7% year on year to 545.64 thousand MT.

The commercial fisheries segment produced 170.60 thousand MT, down 3.7% year on year. The segment accounted for 17.2% of overall production during the period.

Inland municipal fisheries production declined 11.7% to 34.48 thousand MT. Its output is equivalent to 3.5% of overall fisheries production.

Of the 20 major species, production gains were reported for tilapia (10.8%), milkfish or bangus (6.6%), squid or pusit (18.2%), and bigeye scad or matangbaka (5.9%).

Declines were posted for frigate tuna or tulingan (29%), round scad or galunggong (13.5%), and seaweed (1%). — Sheldeen Joy Talavera

Enter Your Information Below To Receive Free Trading Ideas, Latest News, And Articles.
Your information is secure and your privacy is protected. By opting in you agree to receive emails from us. Remember that you can opt-out any time, we hate spam too!

You May Also Like

Economy

A LEGISLATOR is calling for the removal of eTravel registration for incoming international passengers, saying that removing the requirement will help attract more visitors....

World News

LONDON — A panel of global health experts were set to meet on Thursday to decide if COVID-19 is still an emergency under the...

World News

LONDON – US oil and gas production grew rapidly in the first two months of 2023 – a delayed response to the high prices and upturn in drilling that characterized much of...

Economy

THE Philippine Solar and Storage Energy Alliance (PSSEA) said it asked the Energy Regulatory Commission (ERC) to raise the green energy auction reserve (GEAR)...

Dislaimer: FutureMoneyFate.com, its managers, its employees, and assigns (collectively “The Company”) do not make any guarantee or warranty about what is advertised above. Information provided by this website is for research purposes only and should not be considered as personalized financial advice. The Company is not affiliated with, nor does it receive compensation from, any specific security. The Company is not registered or licensed by any governing body in any jurisdiction to give investing advice or provide investment recommendation. Any investments recommended here should be taken into consideration only after consulting with your investment advisor and after reviewing the prospectus or financial statements of the company.


Copyright © 2023 FutureMoneyFate.com All Rights Reserved. Spirit