On Golden Pond
Panguil Bay
Is the province prepared to give up this blessing, a natural wealth and allow foreign and other profit-conscious businemen to exploit panguil bay for its resources for the sake of investment, but face the risk of lower food supply and high prices?
The rise of prawn/shrimps business and fishpond cultivations in misamis, lanao and zamboanga and its exports to other countries in the 80's seemed to be the era of good tidings for the people of these provinces. But it was not really meant to be for a longterm benefit. Prices of prawns and shrimps skyrocketed beyond affordability and pockets of the local consumers. Eventually fishpond owners ended up still burdened with unpaid loans.
Lapu-lapu fishcages
Lapu-lapu is now the "in" thing and fast becoming to be the best delicacy to meet the high demand of the vast chinese consumers in hongkong and mainland china. Is the province prepared to cater to this demand? Would the prawn and shrimps debacle in the 80s be repeated in lapu lapu?