Man-made disaster damage hits P9.29B

By Janine Alexis Miguel

Mar 28, 2024 12:26 am

DISASTERS caused by humans led to P9.29 billion in damage last year, the Philippine Statistics Authority (PSA) reported on Wednesday, more than half of which — 53.1 percent or P4.93 billion — was due to an oil spill.

A tanker carrying 800,000 liters of oil sank off the coast of Oriental Mindoro in February. The resulting spill affected ecosystems and agricultural industries in the province and in neighboring Palawan, Antique and Batangas.

Already have an active account? Log in here to continue reading.
Or
Subscribe to the Premium Subscription plan to access this subscriber-exclusive article.

Related Articles

Nov. inflation likely higher at 2.5% – poll

Tariff threat to keep weighing on market

Hot money flows turn negative; risks tagged

NG gross borrowings markedly lower in Oct

Price drop worries sugar planters

PH saves P3.6B from reduced wasted rice

PH, UAE energy project deals start January