THE Bureau of Fisheries and Aquatic Resources (BFAR) said it will roll out a series of programs between March and November to enhance the traceability of the fishTHE Bureau of Fisheries and Aquatic Resources (BFAR) said it will roll out a series of programs between March and November to enhance the traceability of the fish

BFAR enhancing tracing systems to boost fish catch sustainability

THE Bureau of Fisheries and Aquatic Resources (BFAR) said it will roll out a series of programs between March and November to enhance the traceability of the fish catch and deter illegal fishing practices.

The BFAR said the program, which is part of a broader effort to curb illegal, unreported, and unregulated fishing (IUUF), will focus on developing guidelines for sustainable sourcing, establishing certification templates, and conducting assessments and monitoring of marine resources.

“These initiatives will ensure a sustainable and IUUF-free supply of fish for both domestic and international markets,” BFAR spokesman Nazario C. Briguera told BusinessWorld via Viber.

Fisheries Administrative Order (FAO) No. 275, signed by Agriculture Secretary Francisco P. Tiu Laurel, Jr. in November, requires imported fishery products to be documented at various stages of the supply chain, from ports of entry to warehouses and domestic distribution points.

The order also provides for the digitalization of traceability systems for imported fishery commodities. “Digital reporting is a part of the traceability insofar as imported fishery products are concerned,” Mr. Briguera said.

He said this would involve the development and use of an electronic system of reporting to verify the details of landed imports.

FAO 275 also requires imported wild-caught fish to be accompanied by a catch certificate issued by the authorities of the exporting country, a measure designed to prevent illegally caught fish from entering the domestic market.

The Philippines recently improved one spot to 54th out of 152 coastal countries in the 2025 edition of the IUUF Index of the Global Initiative Against Transnational Organized Crime.

The index gave the Philippines a score of 2.34 on a scale of 5, where 1 is the best possible score. While slightly above the global average of 2.27, the Philippines outperformed the Asian regional average of 2.55. — Vonn Andrei E. Villamiel

Market Opportunity
rainbowfish Logo
rainbowfish Price(FISH)
$0.000532
$0.000532$0.000532
-1.29%
USD
rainbowfish (FISH) Live Price Chart
Disclaimer: The articles reposted on this site are sourced from public platforms and are provided for informational purposes only. They do not necessarily reflect the views of MEXC. All rights remain with the original authors. If you believe any content infringes on third-party rights, please contact [email protected] for removal. MEXC makes no guarantees regarding the accuracy, completeness, or timeliness of the content and is not responsible for any actions taken based on the information provided. The content does not constitute financial, legal, or other professional advice, nor should it be considered a recommendation or endorsement by MEXC.

You May Also Like

Why It Could Outperform Pepe Coin And Tron With Over $7m Already Raised

Why It Could Outperform Pepe Coin And Tron With Over $7m Already Raised

The post Why It Could Outperform Pepe Coin And Tron With Over $7m Already Raised appeared on BitcoinEthereumNews.com. Crypto News 17 September 2025 | 20:26 While meme tokens like Pepe Coin and established networks such as Tron attract headlines, many investors are now searching for projects that combine innovation, revenue-sharing and real-world utility. BlockchainFX ($BFX), currently in presale at $0.024 ahead of an expected $0.05 launch, is quickly becoming one of the best cryptos to buy today. With $7m already secured and a unique model spanning multiple asset classes, it is positioning itself as a decentralised super app and a contender to surpass older altcoins. Early Presale Pricing Creates A Rare Entry Point BlockchainFX’s presale pricing structure has been designed to reward early participants. At $0.024, buyers secure a lower entry price than later rounds, locking in a cost basis more than 50% below the projected $0.05 launch price. As sales continue to climb beyond $7m, each new stage automatically increases the token price. This built-in mechanism creates a clear advantage for early investors and explains why the project is increasingly cited in “best presales to buy now” discussions across the crypto space. High-Yield Staking Model Shares Platform Revenue Beyond its presale appeal, BlockchainFX is creating a high-yield staking model that gives holders a direct share of platform revenue. Every time a trade occurs on its platform, 70% of trading fees flow back into the $BFX ecosystem: 50% of collected fees are automatically distributed to stakers in both BFX and USDT. 20% is allocated to daily buybacks of $BFX, adding demand and price support. Half of the bought-back tokens are permanently burned, steadily reducing supply. Rewards are based on the size of each member’s BFX holdings and capped at $25,000 USDT per day to ensure sustainability. This structure transforms token ownership from a speculative bet into an income-generating position, a rare feature among today’s altcoins. A Multi-Asset Platform…
Share
BitcoinEthereumNews2025/09/18 03:35
Yarm Explained: Turning Trust and Tweets into Yield

Yarm Explained: Turning Trust and Tweets into Yield

tl;dr: Yarm is a new platform by Mitosis and Kaito AI that turns social influence into onchain yield. Yappers earn Mindshare by posting…Continue reading on Coinmonks »
Share
Medium2025/09/18 14:43
Why Smart Talent Acquisition Leaders are Choosing Nearshore Over Offshore: The 2026 Talent Geography Playbook

Why Smart Talent Acquisition Leaders are Choosing Nearshore Over Offshore: The 2026 Talent Geography Playbook

Last quarter, I watched a director of engineering at a Series B startup spend three weeks trying to fill a temporary Senior Backend Engineer role. The rate? $89
Share
Techbullion2026/01/21 06:13