(+63) 977-815-0888[email protected]
Cebu, Philippines
FacebookInstagramX / Twitter
Homes.ph
About UsBuyRentMortgageEducation
Join Us!

News

Latest Property News

Fresh market updates, buying tips, and local developments for smarter decisions.

Read News

Market Movements

Track pricing shifts and demand trends in key areas.

Buying Guides

Step-by-step explainers for first-time buyers and investors.

Developer Updates

Announcements, launches, and project status updates.

Tourism News

Travel And Stay Highlights

Destination spotlights, visitor updates, and tourism growth stories across the country.

Read Tourism News

Destination Features

Discover rising travel hotspots and weekend escapes.

Hospitality Trends

What is shaping hotel, resort, and short-stay demand.

Local Event Coverage

Events and festivals driving traffic to local communities.

Restaurant News

Food Scene Updates

Restaurant openings, chef stories, and food business insights in your area.

Read Restaurant News

New Openings

Recently launched cafes, diners, and premium concepts.

Industry Insights

What operators are doing to scale and retain customers.

Dining Guides

Curated lists and neighborhood food recommendations.

Sponsored

HomesPH

Advertisement Unavailable

Advertisement
View all market, tourism, and restaurant updates
List Your PropertyLogin
Homes.ph
About UsBuyRentNewsMortgageEducationJoin Us

Contact

(+63) 977-815-0888[email protected]
Cebu, Philippines
FacebookInstagramX / Twitter
List Your PropertySign in
HOMESPHNEWSBusiness & EconomyMindanao's Eel Trade Opens New Export Frontier for Rural Communities

Mindanao's Eel Trade Opens New Export Frontier for Rural Communities

Updated Jun 4, 2026
ByHOMESPH NEWS
0 views

Davao‑based Maylong Enterprises dispatches its 22nd eel shipment to China on June 4, opening a ₱1.3‑million export niche for rural Mindanao gatherers.

Business & Economy

Davao City

Article image

DAVAO CITY — A humble creature from Mindanao's muddy rice fields is quietly powering a new export industry. Davao City‑based Maylong Enterprises Corporation is set to dispatch its 22nd shipment of live Asian swamp eels to China on June 4, 2026. The five‑metric‑ton cargo, valued at approximately ₱1.3 million, connects rural gatherers across Mindanao to one of China's largest food markets, creating a livelihood that requires little more than local knowledge and hard work.

The shipment follows a June 1 delivery of 207 boxes weighing over five metric tons to Nanning City in Guangxi Province. MEC manager Retchie Tayco said the company initially prepared six tons for this week but had to reduce the volume due to limited cargo space. "The remaining one ton will be included in the next shipment scheduled on June 5 or 6," he said. The adjustment does not affect product quality, as the species can survive for extended periods when handled properly.

A Livelihood Without Large Capital

Unlike many agricultural ventures that demand significant upfront investment, eel gathering depends largely on labor and access to wetlands where the species naturally thrives. Gatherers locate eels by spotting small holes in muddy fields—a traditional method for identifying their burrows. MEC purchases live eels at prices ranging from ₱190 to ₱270 per kilogram.

"Dako kaayong tabang gyud ni sa mga suppliers kay wala gyud dakong capital (This is a big help to suppliers because it does not require much capital, although the work is difficult because eels are not easy to catch)," Tayco said. The enterprise has drawn suppliers from Cotabato, Maguindanao del Sur, Lanao del Sur, Agusan del Sur, Bukidnon, Valencia City, and other agricultural communities. While Davao Region currently contributes only a small share, Tayco believes more residents could benefit once they learn about the market potential.

Demand Fueled by China's Appetite for Healthy Food

Strong consumer demand in China drives the trade. Eel is widely regarded as a nutritious, protein‑rich food commonly used in soups, hotpots, and traditional dishes. "They say it is good for the body. Demand is strong in China because it is considered healthy," Tayco said of feedback from Chinese buyers.

Agriculture officials see the emerging trade as evidence of Mindanao's untapped potential. DA‑Davao Regional Executive Director Macario Gonzaga said sustained government support remains critical to expanding production and improving access to international markets. Chinese Consul General Zhao Xiuzhen has also expressed optimism about Philippine eel exports, noting that sustained marketing can strengthen trade linkages between the two countries. For the hundreds of small‑scale gatherers, every shipment represents proof that a species long found in Mindanao's wetlands can provide a pathway to additional income and global trade.


HOMESPH NEWS

Jun 4, 2026

HomesPH

Advertisement Unavailable

Latest Stories

Global Ambitions: Maya Eyes Dual Listing with Strategic US Market Debut

Global Ambitions: Maya Eyes Dual Listing with Strategic US Market Debut

Jun 21, 2026

Financial Milestone: Mynt Formally Launches IPO Bid for GCash

Financial Milestone: Mynt Formally Launches IPO Bid for GCash

Jun 21, 2026

The Bazaar That Turned Young Ideas Into Storefronts in General Santos

The Bazaar That Turned Young Ideas Into Storefronts in General Santos

Jun 21, 2026

A Classic Bacolod Escape: Why Goldenfield Kundutel Hotel Remains an Option for Leisure Travelers
HomesPH

Advertisement Unavailable

HomesPH

Advertisement Unavailable

HomesPH

Advertisement Unavailable

A Classic Bacolod Escape: Why Goldenfield Kundutel Hotel Remains an Option for Leisure Travelers

Jun 21, 2026

Trending

Stonehill Suites Bacolod: A Different Kind of Stay for Travelers Who Prefer Space and Comfort

Stonehill Suites Bacolod: A Different Kind of Stay for Travelers Who Prefer Space and Comfort

Jun 21, 2026

High-End Property Demand Roars Back for Ayala Land in 2026

High-End Property Demand Roars Back for Ayala Land in 2026

Jun 21, 2026

New World Makati Hotel Proves Why Prime CBD Addresses Never Go Out of Style

New World Makati Hotel Proves Why Prime CBD Addresses Never Go Out of Style

Jun 21, 2026

Maxim Proposes MC Taxi Service in Iloilo to Boost Connectivity

Maxim Proposes MC Taxi Service in Iloilo to Boost Connectivity

Jun 21, 2026

HomesPH

Advertisement Unavailable

HomesPH

Your trusted partner in finding the perfect home. Connecting Filipinos with quality properties nationwide.

Quick Links

HomeBuyRentNewsContact Us

Resources

Event ManagementMortgage ApplicationHome Buying GuideSearch PropertiesLoginRegister

Contact Us

(+63) 977-815-0888

Mon-Sat 9AM-6PM

[email protected]

We reply within 24hrs

Cebu, Philippines

Serving nationwide

© 2026 Homes.ph. All rights reserved. Your dream home awaits.

Powered by passion and innovation

Privacy PolicyData PrivacyTerms of ServiceSitemap