The stock structure for squids in the Philippines is unknown. This profile covers the multi-species Uroteuthis squid nei fishery in the Philippines Fishery Management Area 5 (FMA - 5), encompassing the waters surrounding the province of  Palawan including the Calamianes Island Group (CIG), from Mindoro Strait, Cuyo Pass, West Sulu Sea, and western Palawan waters. FMAs were established in January 2019 (Fisheries Administrative Order or FAO 263 - 2019) to focus on an ecosystem approach to fisheries management.

Uroteuthis spp. are common inshore squids of the Loliginidae family and common names of Uroteuthis species include: Mitre squid (U. chinensis), Indian squid (U. duvaucelii), Swordtip squid (U. edulis), Long barrel squid (U. singhalensis), Voss’ squid (U. vossi), Bartsch's squid (U. bartschi), and Rees’ squid (U. reesi). Squids are collectively referred to as squid/squids or “pusit” in the trade  (see Philippine Statistics Authority or PSA; OpenSTAT).  The official catch records are reported as an aggregate value under that common name and not separated by species;  may include other cephalopods such as octopus, cuttlefish, and all other squids.  In FMA - 5, additional local names include "bolpen" (U. edulis), "lukos"(U. duvaucelii), or "sputnik"(U. bartschi). In the official national fisheries statistics,  records for “squids” species are collectively grouped into “invertebrates”  (e.g., NSAP Atlas (Santos et al. 2017)).