Iwahig Prison and Penal Farm, one of seven operating units of the Bureau of Corrections, is located on the island.
In April 2013, a fishing vessel loaded with illegally poached animals ran aground on a coral atoll off the coast of Palawan Island.[3]
In 2014, armed forces chief of staff General Emmanuel Bautista said that Oyster Bay may be developed into a naval base with United States Navy support.[4]