Barter trade faces stricter rules

The centuries-old practice of barter trading between neighboring islands of Philippines and Malaysia faces stricter rules starting April 15. The ongoing conflict in Sabah threatens the direct exchange of goods for other goods or services without using currencies between Sabah and Tawi-Tawi residents. Malaysia will require Filipinos and other foreigners to present passports or seaman books. Stay in Sabah will be limited to a maximum of 7 days with no extensions. Traders in Zamboanga say the new rules could affect 50% of the total volume of supplies sold in barter trade centers. To cope, they are looking at other countries as possible sources of goods. Malaysia will limit traders’ stay in Sabah for a maximum of 7 days with no extensions. Boat crew will also be prohibited from transferring to other boats until they return to their country of origin.


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