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I knew about the seahorse siezure way back in April - 1 million pesos worth (20,000 USD).
This is the tip of a huge iceberg there and in other places.
The Chinese and others (Koreans for example) are exploiting many in the Philippines to supply them with huge quantities of rare and endangered life to support their disgusting cravings.
There are many in the World who will be outraged by this. However, though many people are outraged, they do little that is practical to help the Philippine people to stop this from happening.
In my opinion, strict policing, very long jail sentances and huge fines would work.
In practice, the Philippines have little money to spend on coastguards, rarely catch people 'red-handed' and often 'allow' unethical/illegal fishing because of the aforementioned.
This is a matter for Filipinos to address with their elected representatives. So what if some are caught? I wonder what percentage this is. I suspect less than 1 or 2%.
Will this change??? I don't think so.
Sorry to be so negative, but the Chinese and Koreans are bleeding the Philippines dry and destroying your reefs and reef-life.