5G Investment News
  • Top News
  • Economy
  • Forex
  • Investing
  • Stock
  • Editor’s Pick
No Result
View All Result
5G Investment News
  • Top News
  • Economy
  • Forex
  • Investing
  • Stock
  • Editor’s Pick
No Result
View All Result
5G Investment News
No Result
View All Result
Home Stock

Sustainability of PHL tuna seen at risk after SC ruling

by
August 20, 2025
in Stock
0
Sustainability of PHL tuna seen at risk after SC ruling
BW FILE PHOTO

By Kyle Aristophere T. Atienza, Reporter

PHILIPPINE tuna could struggle to obtain sustainability certificates following a Supreme Court (SC) ruling that allowed commercial vessels to operate within municipal waters, tuna industry groups said on Tuesday.

“Allowing commercial vessels in municipal waters raises serious questions about stock management and environmental enforcement,” according to Veronica Rabano of Jarla Trading, a member of the Philippine Association of Tuna Processors Inc., (PATPI).

She said the ruling could jeopardize the industry’s access to crucial export markets which require traceability and sustainability of fish products.

The Bureau of Fisheries and Aquatic Resources (BFAR) estimates that about 70% of tuna caught in municipal waters is harvested by small-scale fisherfolk.

Bernard Mayo, who chairs the Municipal Fisheries and Aquatic Resources Management Council in Mamburao, Mindoro, said in a statement that municipal fisherfolk who supply tuna to processors have been affected by dwindling catches.

“We catch less tuna these days. We used to catch around 100 kilograms per trip. Now, we catch less than 50, if anything,” he said.

“The area designated for municipal fishing is already small, and (commercial operators) want to encroach on that too,” he added.

Ms. Rabano said the Supreme Court ruling, once enforced, will affect the entire tuna export supply chain.

“Maintaining our certifications is not just about brand reputation; it’s a matter of survival for our business. If we lose them, we risk losing access to our key markets,” she said.

PATPI is a member of the Philippine Tuna Handline Partnership (PTHP), which also includes the Gulf of Lagonoy Tuna Fishers Federation, Inc. (GLTFFI) and the Occidental Mindoro Federation of Tuna Fishers Associations (OMFTFA).

It took years and millions of pesos to complete the certification process for the PTHP, which became the first group to receive a Marine Stewardship Council (MSC) certification in October 2021.

The Philippines is the fourth-largest tuna exporter in the region, with its shipments hitting $500 million in 2024.

Aside from the European Union, other primary markets for Philippine tuna are the US and Japan, “all demanding proof of sustainability through third-party ecolabels, such as the Marine Stewardship Council (MSC) and Friend of the Sea (FOS) labels,” Oceana Philippines said.

“Obtaining these certifications enables exporters to enter more lucrative segments, command higher prices for certified products, and maintain access as regulatory standards evolve,” it added.

Previous Post

National Fiber Backbone seen completed next year

Next Post

Vietnam warned Philippines may seek other rice suppliers

Next Post
Vietnam warned Philippines may seek other rice suppliers

Vietnam warned Philippines may seek other rice suppliers

Enter Your Information Below To Receive Free Trading Ideas, Latest News And Articles.







    Fill Out & Get More Relevant News





    Stay ahead of the market and unlock exclusive trading insights & timely news. We value your privacy - your information is secure, and you can unsubscribe anytime. Gain an edge with hand-picked trading opportunities, stay informed with market-moving updates, and learn from expert tips & strategies.
    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!

    Recommended

    UK strike threat risks halting Airbus’s global jet production

    UK strike threat risks halting Airbus’s global jet production

    August 21, 2025
    NEETs near one million as jobless young women hit near-decade high

    NEETs near one million as jobless young women hit near-decade high

    August 21, 2025
    Marks & Spencer to build £340m robot-powered warehouse creating 3,000 jobs

    Marks & Spencer to build £340m robot-powered warehouse creating 3,000 jobs

    August 21, 2025
    UK government borrowing lower than forecast in July as tax receipts rise

    UK government borrowing lower than forecast in July as tax receipts rise

    August 21, 2025

    Disclaimer: 5GInvestmentNews.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.

    • Privacy Policy
    • Terms & Conditions

    Copyright © 2024 5GInvestmentNews. All Rights Reserved.

    No Result
    View All Result
    • Home
    • Privacy Policy
    • suspicious engagement
    • Terms & Conditions
    • Thank you

    © 2025 JNews - Premium WordPress news & magazine theme by Jegtheme.