Philippines loses P5M daily due to oil spill fishing ban

The Philippines is losing P5 million daily due to a fishing ban imposed in areas affected by an oil spill from the sunken MT Princess Empress off Oriental Mindoro.

About 19,000 fishermen across nine municipalities are barred from sailing as marine experts estimate that up to 20,000 hectares of coral reefs and mangroves could be impacted.

BFAR aims to provide skills and livelihood training for affected fisherfolk.

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