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Disney is hunting for whoever leaked the Ant-Man script

WALT Disney Co. is hunting for whoever is responsible for distributing the then unreleased script of its latest Marvel blockbuster Ant-Man and the Wasp: Quantumania.

The entertainment giant was granted subpoenas Monday ordering Alphabet, Inc.’s Google and Reddit to turn over any data they have that would identify the person or persons who posted the script on their sites. The companies must turn over the information by March 24 at the San Francisco office of Disney’s lawyers, Latham & Watkins LLP, according to the subpoenas.

The leaked script reportedly appeared on a Reddit forum in late January, about three weeks before the film was first released in Europe and Asia. The third installment in the Ant-Man franchise has gone on to gross $448 million worldwide. The poster used Google Docs to distribute the script, according to the subpoena issued to Google.

The subpoenas were issued at the request of Matthew Slatoff, vice-president for global security and content protection at Marvel Studios LLC, which Disney purchased in 2009.

“Reddit is committed to protecting our users’ privacy,” the company said in an e-mailed statement. “We have rigorous processes in place to assess legal requests and object when appropriate.” The company declined to elaborate.

Google didn’t have an immediate comment. — Bloomberg

Pilipinas Shell, construction firms partner for decarbonization

PILIPINAS Shell Petroleum Corp. has partnered with Cemex Holdings Philippines, Inc., Roadex Construction Corp., and Green Antz Builders, Inc. to step up the construction industry’s decarbonization.

“These collaborations are in line with our aim of putting sustainability at the heart of our strategy which is powering progress for the nation,” Lorelie Q. Osial, president and chief executive officer of Pilipinas Shell, said in a media release.

The company said three memoranda of understanding were forged between it and the three entities.

Maximo L. Carvajal, the undersecretary for information management and technical services of the Department of Public Works and Highways, said the partnership is expected to improve infrastructure facilities for the public.

Mr. Carvajal said the move aims to achieve “our common goals of providing quality, safe, and environment-friendly public infrastructure facilities that will improve the lives of every Filipino.”

Allan Canedo, Pilipinas Shell construction and road country business manager, said the company will support its partners on their sustainability goals by developing fit-for-purpose solutions.

The company will also provide integrated offers across the supply chain to help its partners reduce greenhouse gas emissions, he said.

Pilipinas Shell, through its “Bitumen and Beyond” initiative, provides solutions to help reduce a company’s environmental impact.

This initiative targets to provide solutions not just for bitumen needs, but also for low-carbon fuels, and energy transition products and services. — Ashley Erika O. Jose

CEO gives instructions directly to workers

We have a newly-appointed chief executive officer (CEO), the eldest son of the patriarch of a small, family-owned business with around 80 workers. He has no experience in management and gets one-on-one coaching from his father. Recently, he started giving instructions directly to workers instead of coursing them through their department supervisors or managers. What’s happening? What’s the solution? — Yellow Submarine.

You only have to wait a bit before the CEO realizes his folly. It’s not possible to supervise everyone directly. It’s only a matter of time before he is deluged with workers asking to clarify his instructions and asking him to check their work.

The chain of command is there for a reason. It establishes a clear line of reporting relationships by job function or department, like operations, human resources, accounting, or sales. The objective is to establish accountability and responsibility. Thus, a person in sales must report directly to the sales department head and not to the accounting department head, much less to the CEO.

All department heads, regardless of the size of the business, do this because they have the expertise, accountability and responsibility. There should be no direct reporting relationship between the CEO and non-management people of any department, with very few exceptions like executive assistants.

Clearly, if the CEO opts to give direct instructions to the workers, then he is treading on dangerous ground. Sooner or later, he will be overwhelmed with all the nitty-gritty that could eat up a majority of his working and waking hours.

ENGAGEMENT
I can’t believe that this is happening in a family-owned organization. But first, let’s think of all the positives. The CEO may not have the work experience of people on the ground. Maybe, he’s trying to reverse-engineer how the work is done. I hope he is doing this to get to know the background and personality of each worker. There’s nothing wrong with that.

I only wish he were doing it the right way — by engaging each worker in dialogue to answer the following questions: How are you doing in your current job? How can we make your job easier so you are more productive? How long have you been in this organization? What is your career plan?

The difficulty lies in the complexity of the situation. Who among the department supervisors or managers is brave enough to ask the CEO why they’re not being involved? Many would simply shrug their shoulders and pretend there’s nothing wrong with it.

One possible approach is for department supervisors or managers to deal with the matter indirectly. Here is a possible scenario:

When the CEO asks five workers to perform one hour of overtime every day to do quality checks on products to be shipped to Account ABC, bring up the costs, or the potential for discontent among the family men who dislike overtime work. Then bring up the fact that the managers have already error-proofed the process. The result was a 50% reduction in defects, with a goal of improving that to 75% soon.

The key is diplomacy. This may take several discussions. But you will end up relaying the idea that the CEO should not give direct instructions to the workers. You have to help the CEO think things through. He can’t do it without middle management intervention.

He can’t take a trial-and-error approach all the time.

TEMPORARY
What you do depends on the success or failure of the CEO’s management style. The CEO may be trying to flex his muscles. It might be temporary. Sooner enough, he will default to what’s desirable and effective. If he knows what he’s doing, he’s should be able to deal logically with the situation.

Whatever the CEO does, examine the style and substance of his actions. Even if you appear to have been bypassed, make it your business to find out that the workers are doing what is legal, moral and generally acceptable to all stakeholders. That’s because you can’t wash your hands of the responsibility even if the CEO goes directly to the workers.

 

Bring Rey Elbo’s leadership program called “Superior Subordinate Supervision” to your line supervisors and managers. Or chat with him via Facebook, LinkedIn or Twitter or e-mail elbonomics@gmail.com or via https://reyelbo.com

Ted Lasso Season 3: Discouraged players revitalized by team love

JASON Sudeikis in a scene from Ted Lasso.

LOS ANGELES — Season three of the Emmy-winning Apple TV+ series Ted Lasso kicks off on a sour note as pundits expect the folksy American coach’s AFC Richmond soccer team to end last in England’s Premiere League and face relegation. Even with those headwinds, the eternally upbeat Coach Lasso played by Jason Sudeikis has infused his team with family-like love to get through the tough times in the season that premiered on Wednesday.

“At the start of the season, they’re coming into the Premier League and a lot of people aren’t expecting them to do very well,” said Toheeb Jimoh, the actor who portrays player Sam Obisanya. “They’re dealing with a lot of outside noise.”

Despite doubters, Ted’s team upholds what Mr. Jimoh calls the “Lasso way” this season, which includes having compassion for each other and never losing faith.

Mr. Sudeikis, who created the series with Coach Beard actor Brendan Hunt and TV producers Bill Lawrence and Joe Kelly, continues to express Ted’s vulnerability as he manages anxiety and the sadness that comes with being away from his son.

“As much as the world tries to tell us we’re different, you know, men, women, left, right, Black, white, etcetera, there is a great deal of overlap in all of our dealings as human beings that we all face and feel,” Mr. Sudeikis said.

It has rubbed off on captain-turned-assistant coach Roy Kent, portrayed by Brett Goldstein, who refers to AFC Richmond as a family and explained that each teammate has a role in their family.

“He loves these people,” Mr. Goldstein said, referring to Roy.

AFC Richmond owner Rebecca Welton, played by Hannah Waddingham, also embraces the warm, fuzzy team feeling.

“She wants her boys to win. She wants Ted to win. She wants Ted to be recognized for the extraordinary force that he is,” said Ms. Waddingham.

There is an antagonist, however. Nathan Shelley, the equipment man-turned-assistant coach played by Nick Mohammed, has gone to coach an opposing team and talks trash about Lasso.

Speculation is rife that the show may end after this season, although nothing official has been announced by Apple TV+.

If it was the last season, Mr. Jimoh feels as if the goals of the show have already been realized.

“Ted came in with a mission and, regardless of the wins and losses, (it) was to make these players the best versions of themselves on and off the pitch,” he said. “I think he’s getting to a point where he’s done that.” — Reuters

Equity restructuring and share swaps

LAST week, Securities and Exchange Commission (SEC) Chair Emilio Aquino met with the Financial Executives Institute of the Philippines (FINEX) board of directors led by 2023 FINEX President Wilson Tan at the new SEC headquarters in Makati City. The FINEX Ethics Committee presented its recently published book titled Ethics: Enduring or Evolving? to Mr. Aquino, who wrote in the book’s foreword that “the SEC’s continuing story manifests that ethics is a guiding star which ushers the entire organization in considering difficult priorities and making decisions which create impact.”

Under Mr. Aquino’s leadership since 2018, the SEC received 25 global and national awards by championing an ethical approach to governance. He has shepherded many reforms in the Philippines’ corporate sector, most notably the Revised Corporation Code passed by Congress in 2019 that fosters inclusive entrepreneurship, good governance, economic competitiveness, and ease of doing business in the country.

Listed companies in the Philippine Stock Exchange (PSE) have welcomed the forward-looking provisions of the new law that updated the old Corporation Code, which was enacted by the Interim Batasang Pambansa in 1980.

For instance, gaming and technology firm DFNN, Inc. obtained a certificate of approval from the SEC this month for its equity restructuring plan. In a disclosure to the PSE, the only publicly listed company in the Philippines’ regulated gaming industry said the restructuring exercise is aimed at improving the company’s financial condition by reducing its deficit in the equity account and offsetting it against additional paid-in capital.

This accounting process is intended to reflect the actual financial condition of DFNN as of end-2021. However, it will not involve capital infusion or a change in the par value of the stock, nor will it result in any changes to the number of issued, outstanding, and listed shares of the company.

DFNN is set to acquire 100% ownership and control of its subsidiary DCG, Inc. through a share purchase agreement. DCG is a joint venture between DFNN and Singaporean firm CYG Pte. Ltd. It is engaged in the business of providing information technology (IT) services to third parties such as system development, web design, business intelligence, software testing, video streaming, and network security.

Its full acquisition of DCG will bolster DFNN’s revenues as the leading IT solutions provider to the financial sector. The parent company also holds licenses for electronic gaming machines and operates digital games in partnership with state-run regulator Philippine Gaming and Amusement Corp. or Pagcor.

In another development, the SEC has approved two share swap deals between property giant Ayala Land, Inc. (ALI) and its listed real estate investment trust known as AREIT, Inc. Under the first deal, ALI subscribed to 252.1 million AREIT shares in exchange for six commercial buildings at the Cebu IT Park with a combined value of P11.3 billion.

A second transaction valued at P22.5 billion involves a property-for-share swap that will transfer several of ALI’s prime commercial properties at the Makati Central Business District to AREIT in exchange for 607.6 million of the latter’s shares. Among the flagship buildings that will be added to AREIT’s portfolio are the Glorietta mall and BPO wings as well as the brand-new One Ayala Avenue East and West BPO Towers at Ayala Center.

After these swap transactions are completed, the assets under management by AREIT will jump to P87 billion. They constitute the biggest-ever asset injection since the country’s pioneering real estate investment trust company went public in 2020 at the onset of the pandemic.

CALL FOR BRIGHT LEAF ENTRIES
The search is on for the country’s most outstanding journalists in the field of agriculture. “Harvesting Progress” is the theme of the 16th Bright Leaf Agriculture Journalism Awards in recognition of the past year’s best agricultural stories and images.

Journalists with articles, photos, TV and radio programs or segments aired or published from March 1, 2022 to June 30, 2023 are eligible to join in 12 categories, including Agriculture Story of the Year, Agriculture Photo of the Year, and Best Agriculture Online Story. Entries may be in Filipino, English, or any of the Philippine regional languages. Visit www.brightleafawards.com for contest details.

The opinion expressed herein does not necessarily reflect the views of these institutions and BusinessWorld.

 

J. Albert Gamboa is the chief finance officer of Asian Center for Legal Excellence and vice-chair of the FINEX Ethics Committee. #FinexPhils www.finex.org.ph

Metro Manila’s Construction Materials Retail Price Index

RETAIL price growth of building materials in the National Capital Region eased to 5.4% in February from 5.5% in January, falling to the lowest growth rate in 11 months, according to preliminary data from the Philippine Statistics Authority (PSA). Read the full story.

Metro Manila's construction materials retail price index

The Cure priced tour tickets as low as $20. Ticketmaster had other ideas.

TICKETMASTER is once again drawing the anger of concertgoers after some fans planning to see the British band The Cure reported paying fees that exceeded the prices for the actual seats.

The Cure, 1980s New Wave darlings with a cult following, tried to keep prices low, selling tickets for as little as $20 each. Service fees, facility charges, and order processing costs can easily exceed that, some buyers reported.

The band said on its website it was selling seats to verified fans to block ticket scalpers and limit inflated resale prices. Ticketmaster didn’t immediately respond to a request for comment.

Ticketmaster, a division of concert promoter Live Nation Entertainment Inc., has long been a punching bag for fans upset about the high cost of seeing their favorite acts live.

The controversy has heated up over the past year as fans saw prices soar for acts like Bruce Springsteen and Madonna. After the site crashed in November when Taylor Swift seats went on sale, politicians across the country called for investigations and explanations. — Bloomberg

How PSEi member stocks performed — March 16, 2023

Here’s a quick glance at how PSEi stocks fared on Thursday, March 16, 2023.


Philippines scrambles to get ROV as it tries to contain spill

PHILIPPINE COAST GUARD PHOTO

THE PHILIPPINE government is trying to fast-track the arrival of a remotely operated vehicle (ROV) from Japan that will locate the source of the oil leaking from a sunken fuel tanker that experts said have affected as many as 20,000 hectares of coral reefs.

The Transportation department and Coast Guard were also looking for an alternative local ROV, the presidential palace said in a statement on Thursday, citing a report from Defense Secretary Carlito G. Galvez, Jr.

Ceanup workers have collected almost a thousand sacks of oil-contaminated debris and 77.5 drums of waste from the Feb. 28 oil spill near Oriental Mindoro province south of the Philippine capital, the Presidential Communications Office said.

MT Princess Empress was carrying 800,000 liters of industrial fuel oil on Feb. 28 when it sank off the waters of Naujan, Oriental Mindoro, which surrounds the Verde Island Passage, one of the world’s most diverse marine habitats.

Marine experts estimate that as many as 20,000 hectares of coral reefs, 9,900 hectares of mangroves and 6,000 hectares of seagrass have been affected by the spill.

The task force managing the oil spill and provincial government should coordinate with the Customs, Immigration and Quarantine bureaus “to expedite the entry of the incoming response team with remotely operated vehicle from Japan to arrive in the country on March 20,” Mr. Galvez said in the report.

The vehicle was provided by Harbor Star, a private company contracted by the insurance firm of RDC Reield Marine Services, Inc., which owns the sunken vessel, the palace said.

Malayan Salvage and Towing Corp., a was also helping in trying to contain the spill, it said.

The oil spill has affected 143,713 people from 31,497 in 122 villages, the palace said. It threatens the livelihood of more than 13,000 fishermen.

At least 169 people were reported to have fallen ill due to the oil spill, the palace said.

President Ferdinand R. Marcos, Jr. has “assured the affected communities that the government will extend assistance particularly through the cash-for-work program.”

MT Princess Empress has been located 389.1 meters below sea and 13.89 kilometers northeast of Balingawan Point in Pola, Mindoro.

The government and private sector have provided more than P43.5 million worth of assistance to 74 areas in the Mimaropa and Western Visayas regions.

A state of calamity has been declared in the towns of Bansud, Bongabong, Bulalacao, Gloria, Mansalay, Naujan, Pinamalayan, Pola and Roxas in Oriental Mindoro and in Caluya, Antique province.

Meanwhile, Party-list Reps. Arlene D. Brosas, France L. Castro and Raoul Danniel A. Manuel filed House Resolution 869 seeking to investigate the oil spill.

They also sought sanctions against RDC Reield.

‘LEGALLY OBLIGED’
“There should be compensation for those affected by the oil spill that goes beyond ‘cash-for-work’ or mere short-term compensation,” Ms. Castro told a news briefing. She noted that under the law, a ship owner responsible for oil pollution is legally obliged to pay for damages.

“Environmental damage is equivalent to economic damage,” Aldrein Silanga, campaign officer of the Kalikasan People’s Network for the Environment, told the briefing.

Ms. Castro said the national and local governments should provide health services to people affected by the spill.

The Senate on Tuesday started its own probe, where it found that MT Princess Empress did not have a permit to operate.

RDC Reield has a pending application for a change in its certificate of public convenience and wanted to include MT Princess Empress in its permit, Hernani N. Fabia, administrator of the Maritime  Industry Authority, told senators.

During the hearing, RDC Vice President Fritzee Tee said the sunken tanker had sailed nine times before it sank.

The company, she added, had applied to include the vessel in its permit as early as November, with all documents passed by December. It sailed after submitting all the requirements.

But the Philippine Coast Guard later released a document showing that the sunken oil tanker had a permit to operate.

In a Facebook post, the Coast Guard shared six pages of the certificate of public convenience supposedly issued by Marina to RDC Reield.

In the document, Marina approved the inclusion of MT Princess Empress in RDC’s fleet since it was “financially capable to maintain its operations.”

The certificate issued on Nov. 16, 2022 also indicated that the permit will expire on Feb. 6, 2042.

Coast Guard spokesman Armando A. Balilo on Wednesday said the vessel had used the permit four times in its transactions with the Coast Guard — once each in Manila, Cebu, Misamis Oriental and Iloilo.

He added that the Coast Guard would check whether the signatures on the document had been forged and whether Marina had really agreed to grant the certificate.

Greenpeace Philippines on March 14 urged the government to seek accountability from the owner of the sunken vessel “for the irreparable and ongoing damage” of the oil spill.

In a statement, the environmental group said companies responsible for the spill should “go beyond cleanup” and pay damages for destroying the environment and causing livelihood loss.

“The government must compel companies involved to show responsibility and transparency and act with more urgency in stopping the spill and in compensating communities,” Greenpeace campaigner Jefferson M. Chua said.

Fideles D. Sallidao, director of th Philippine Coast Guard National Operations Center for Oil Pollution, earlier said the vessel had come from the SL Harbor Bulk Terminal Corp. in Lima, Bataan and was on its way to Iloilo City in central Philippines.

Greenpeace said authorities should designate sea lanes for ships transporting hazardous materials away from rich fishing areas and critical marine reserves.

It also reiterated its call to phase out fossil fuels to prevent further damage to the environment and protect communities, noting that it is impossible to fully clean up an oil spill. — K.A.T. Atienza and B.M.D. Cruz

Philippines needs at least P100B yearly to close classroom gap

PHILIPPINE STAR/WALTER BOLLOZOS

THE PHILIPPINES needs a yearly budget of P100 billion to resolve a classroom shortage by 2030 that threatens its worsening education quality, according to a Department of Education (DepEd) official.

The agency is looking for fund sources outside the national budget, Education Undersecretary Epimaco V. Densing III told reporters on the sidelines of a contract-signing for a P25.3-million grant from Japan on Thursday.

“As of the end of 2022, the shortage of new classrooms was around 165,000, and we’re already looking at a seven-year projection to address this gap by 2030,” he said.

“Based on our projections, we need at least P100 billion a year to be able to zero out the shortage of classrooms all over the country,” he added.

The DepEd has a P15.6-billion budget this year to build 6,421 classrooms.”But with an expected 2% net increment of enrollees, the yearly requirements should be around 13,000,” Mr. Densing said.

If the budget remains at this level in the coming years, “I’m quite sure it will take more than 20 years’’ to close the gap. “The appeal really is for everyone to help us.”

About five million students stand to benefit from closing the classroom backlog, Mr. Densing said.

Areas most in need of more classrooms include highly urbanized cities like Cebu and the National Capital Region, he said. These areas use as many as three class shifts given the lack of classrooms, he added.

Among the four beneficiaries of Japan’s P25.3-million grant was the municipality of Ilog, Negros Occidental, which was given P14.5 million to build a school building for Ilog Elementary School.

This is a two-story classroom facility for at least 240 students, Mr. Densing said.

“These are sources outside of the national budget where we can put up more classrooms, so this is our strategy right now,” he added.

The DepEd is also looking at civil society and business groups to help close the classroom gap.

“We’re also looking at the possibility of tapping loan programs or loan grants from our development partners,” he said.

The Japanese government has also allotted P3.6 million to the Pilipinas Shell Foundation, Inc. for the construction of a food processing training center in Bombon, Camarines Sur.

The project will ensure capacity building for farmers.

“This project will help enhance the livelihood skills of 1,200 farmer-households or over 4,000 individuals from 10 municipalities in the province of Camarines Sur — one of the poorest provinces in the Philippines,” Shell Executive Director Sebastian C. Quiniones, Jr. said in a speech at the event.

“Together, we will work on supporting our stakeholders gain skills in agri-business, food processing and sustainable farming, ultimately leading them towards becoming successful and self-sufficient members of society,” he added.

Meanwhile, P6.17 million will be given to the Golden Wheel Awards Foundation, Inc. so it can buy a water purification system in the village of Mabato in Rosario, Batangas, which will benefit both schools and homes there.

The remaining P971,429 will be given to the Sarnelli Center for Street Children Foundation, Inc. so it can buy vehicles for a street children center in Lipa City, Batangas.

“Japan continues to be the Philippines’ advocate in achieving sustainable and inclusive growth,” Japanese Ambassador to the Philippines Koshikawa Kazuhiko said in a speech. “We have forged strong ties as we actively work together to uplift the lives of Filipinos through our Official Development Assistance projects, particularly the Grant Assistance for Grass-Roots Human Security projects.” 

Japan has completed 553 similar projects since 1989. — Alyssa Nicole O. Tan

Proper implementation of incentives needed to make EPR law effective — WWF

BW FILE PHOTO

GOVERNMENT authorities must ensure that tax and other incentives provided under a new law on plastic waste management are properly implemented to encourage companies operating in the Philippines to stand by their obligations in helping address the plastic problem, an official of a non-government organization told a House panel on Thursday. 

These incentives would be useful enough [to] entice compliance,Angela Consuelo GiaIbay, who heads the Climate Change and Energy Programme of the World Wide Fund (WWF) for Nature Philippines, said during the House committee on sustainable development goals.  

She also suggested an evaluation of other perverse incentives in other laws that were created that might have an impact in the implementation of the circular economy.”    

Republic Act No. 11898 or the Extended Producer Responsibility (EPR) Act of 2022 requires producers, manufacturers and other companies to move away from single-use plastics and establish their own waste recovery schemes in partnership with communities, local governments, and other stakeholders.    

Under the law, registered enterprises may apply for tax incentives and tax and duty exemptions for costs relating to initiatives to recycle, reduce, or reuse.  

The law also allows expenses of enterprises [to be] considered as necessary expenses deductible from gross income subject to the substantiation requirements for necessary business expenses deductible from gross annual income,under the National Internal Revenue Code of 1997.  

Jose Uy III, senior vice-president and head of corporate affairs of Nestlé Philippines, said that lawmakers should pass more policies and approve funding for infrastructures that would encourage producers and manufacturers to repurpose plastic waste.  

Bukidnon Rep. Jose Manuel F. Alba noted that the lower chamber last year approved on third and final reading House Bill No. 1272, which will require the government to procure supplies created from recycled products.  

Mr. Uy said Nestlé is in talks with the International Finance Corp. (IFC) and the Alliance to End Plastic Waste on how it can attract investments on plastic circularity technology and infrastructure for flexible plastics waste.  

BASF Philippines Business Manager Shiela Rose H. Tang said that eight million tons of global plastic waste end up in the oceans per annum, with only 18% recycled.  

In the Philippines, only 30% of plastics are recycled, with unrecycled materials that go to waste or downcycled valued at around $1 billion, according to the IFC said.  

Various global studies have placed the Philippines as one of the biggest plastic generators and polluters. Beatriz Marie D. Cruz

Mindoro oil spill will not affect fish supply in immediate term — BFAR 

PHILIPPINE STAR/WALTER BOLLOZOS

THE BUREAU of Fisheries and Aquatic Resources (BFAR) on Thursday said fish supply will not be affected in the immediate term by the recent major oil spill incident in Mindoro, citing sufficient catch from other parts of the country.   

We are in the peak season of fishing activity, so we expect to meet the high demand for fish during the Holy Week,the BFAR said quoting its spokesperson Nazario C. Briguera in a media briefing. 

The Philippines is a largely Catholic country where fasting from poultry and livestock meat is traditionally observed during the Lenten period that culminates on Easter Sunday.  

Mr. Briguera did acknowledge that the unprecedented oil spill in Mindorocould be one of the factors that will affect local fish production.  

Authorities are grappling with containing the spill and continued leakage from the sunken tanker that was carrying 800,000 liters of oil.   

Scientists have projected that the spill could reach as far as parts of Palawan in the west.  

But we do not see a shortage of fish on a national scale because of the oil spill,he said.   

The country produced 4.34 million metric tons of fish in 2022, up 2.16% from the previous year, based on Philippine Statistics Authority (PSA) data. 

Mr. Briguera said expensive fuel costs and post-harvest losses continue to 

be among the main challenges in bolstering the fishing industry but stressed that the BFAR has been working to address these problems. Sheldeen Joy Talavera

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