One aspect of agriculture is "Fisheries"
The Freshwater Fishponds
There are 14,531 ha freshwater fishponds in the Philippines but the productive area is only 6,522 ha as of 1995 (BFAR, 1997). In 1987 when the total area was only 13,806 ha, 149 ha of this was listed as government owned (BFAR, 1987). Even with the slight increase in the total hectarage, the government-owned area, most likely, would not have changed much. Thus about 99% can be considered privately owned. The freshwater fishponds are concentrated in only one region of the country. Some 68% of the productive area, or 4,427 ha are found in Central Luzon. The rest, or 34%, are distributed in the 12 other regions, with no region having a total area reaching 1,000 ha.
In a 1979 survey covering 396 fishponds in Central Luzon, Reyes et al (1982) found that 70% were 0.50 ha or less while only 2% were over 50 ha. However this percentage is misleading since the average area of the 2 percent over 50 ha are 200 ha. Consequently when the percentages of each size class are computed by area, it turns out that 2% of the fishponds occupy 68% of the total area in the survey sample as shown in Figure 5. Although the study was conducted 16 years ago, the size distribution is not likely to have changed much. Fishponds are exempt from land reform as will be discussed at length in a later section.
Fisher man
Main aspect of agricultre is Palay farming
Rice production in the Philippines is important to the food supply in the country and economy.
Rice is the most important food crop, a staple food in most of the country. It is produced extensively in Luzon, the Western Visayas, Southern Mindanao, and Central Mindanao. In 1989 nearly 9.5 billion tons of palay were produced.[1] In 1990 palay accounted for 27 percent of value added in agriculture and 3.5 percent of GNP. Per hectare yields have generally been low in comparison with other Asian countries. Since the mid-1960s, however, yields have increased substantially as a result of the cultivation of high-yielding varieties developed in the mid-1960s at the International Rice Research Institute located in the Philippines. The proportion of "miracle" rice in total output rose from zero in 1965-66 to 81 percent in 1981-82. Average productivity increased to 2.3 tons per hectare (2.8 tons on irrigated farms) by 1983. By the late 1970s, the country had changed from a net importer to a net exporter of rice, albeit on a small scale.
This "green revolution" was accompanied by an expanded use of chemical inputs. Total fertilizer consumption rose from 668 tons in 1976 to 1,222 tons in 1988, an increase of more than 80 percent. To stimulate productivity, the government also undertook a major expansion of the nation's irrigation system. The area under irrigation grew from under 500,000 hectares in the mid-1960s to 1.5 million hectares in 1988, almost half of the potentially irrigable land.
Palay Field
Overseas Filipino Worker's dollar remittances keep our economy afloat during the latest economic crisis
An Overseas Filipino is a person of Philippine origin who lives outside of the Philippines. This term applies both to people of Filipino ancestry who are citizens or residents of a different country and to those Filipino citizens abroad on a more temporary status.
Most overseas Filipino migrates to other nations to find employment or support their families in the Philippines. As a result of this migration, many countries have a substantial Filipino community.
Often, these Filipinos are referred to as "Overseas Filipino Workers" or "OFWs". The term "Global Filipino" is another term of more recent vintage but less widely used.
Former Philippine President Gloria Macapagal-Arroyo applied the term "Overseas Filipino Investor" or "OFI" for Filipino expatriates who contribute to the economy through remittances, buying property and creating businesses.
OFW Lane