US-based fund invests in Philippines seafood company, sets sight on $500 million reef fund

The Meloy fund was one of the first funds in the world to focus on small-scale fisheries, but it's thinking much, much bigger for its next play.

Indonesia and the Philippines also benefit from huge potentials in seaweed.
Indonesia and the Philippines also benefit from huge potentials in seaweed.Photo: NOAA
Published 19 December 2022, 05:00Updated 19 December 2022, 14:58