Fisheries sector suffers P387-M loss from floods

The torrential rains and deadly flooding that started on July 20 dealt a heavy blow to the fisheries sector, affecting close to 3,000 aqua farm operators and hundreds of fishermen in at least three regions of Luzon, the Bureau of Fisheries and Aquatic Resources said Friday.

 

Losses reached P387 million as of Thursday, Aug. 9, the Bureau of Fisheries and Aquatic Resources said, noting that Regions 1, 3 and 4A were the hardest hit.

 

Infrastructure and boats valued at P10.1 million were lost, according to BFAR

http://www.gmanetwork.com/news/story/269184/economy/agricultureandmining/fisheries-sector-suffers-p387-m-loss-from-floods