Study reveals the crucial role of seafarering (SIC) in Philippines’ economy
The Editorial Team November 28, 2025 https://safety4sea.com/study-reveals-the-crucial-role-of-seafarering-in-...
A study by Center for Research and Communication of the University of Asia and the Pacific (UA&P) and the ALMA Maritime Group has revealed that the Philippine seafaring industry generated a total ₱1.06 trillion (USD 18 billion) in economic activity in 2024.