Philippines plans second ASF vaccine rollout before end-November
The Philippine agriculture department is moving to widen vaccine access for hog raisers as African Swine Fever continues to disrupt the domestic swine industry. A second vaccine is expected before the end of November, alongside subsidy plans and the commercial sale of an earlier approved product.
Highlights
- The Philippine Department of Agriculture targets commercial release of a second Korean-developed African Swine Fever vaccine before end-November, following AVAC's approval in September.
- Agriculture Secretary Francisco P. Tiu Laurel, Jr. approved in principle a P1-billion budget to subsidize vaccination programs, including ASF and avian influenza.
- Ongoing ASF outbreaks have impacted 76 of 82 provinces, reducing the national hog herd to about eight million head from 13 million pre-2019.
Vaccine expansion and subsidy plan
As reported by BusinessWorld Online, the Department of Agriculture says it hopes to release a second African Swine Fever vaccine for commercial sale before the end of November to give hog raisers more immunization options.Agriculture Undersecretary Constante J. Palabrica told reporters on Thursday, on the sidelines of the Federation of Philippine Industries, Inc. Business Summit, that guidelines for vaccine distribution are being prepared and that the government has already given the go-signal for commercial sale.
The department approved the commercial use of the Vietnam-made AVAC vaccine in September. Mr. Palabrica says the second product will be a Korean-developed brand, while a third ASF vaccine is expected next year from Thailand.
He also says Agriculture Secretary Francisco P. Tiu Laurel, Jr. approved in principle a P1-billion budget to subsidize vaccination programs, including those against ASF and avian influenza.
Swine sector pressure across the Philippines
Broader vaccine access comes as ASF remains widespread in the country and continues to weigh on hog production and farm recovery.The Bureau of Animal Industry reports that outbreaks have affected 76 of the Philippines' 82 provinces. ASF was first detected in the Philippines in 2019, and the outbreak reduced the hog population to around eight million head from 13 million before the disease spread, due to culls and animal deaths.
In our earlier article on planned Philippine sovereign bond reforms and index inclusion, we explained how changes to peso-denominated government bond pricing and entry into a major emerging-market bond index could broaden the investor base and improve liquidity. We also noted that the real economic payoff depends on credibility and follow-through—using any cheaper borrowing capacity for productive spending and pairing financial-market upgrades with wider structural reforms so funding flows into businesses, investment, and growth.
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