This study explores the socio-economic and cultural significance of banig (mat) weaving in Basey, Samar, Philippines. Specifically, it investigates how banig weaving serves as a primary source of livelihood and a vital expression of cultural identity for local artisans. The study employed a qualitative research approach. Data collection through semi-structured interviews and drew on comprehensive responses from women weavers. Findings reveal that banig weaving is deeply ingrained in Basey's cultural heritage, forming a symbol of cultural identity and pride. It is an inherited traditional craft handed down through generations. From a financial perspective, it sustains many families, especially women, and contributes to community-based tourism and economic opportunities. However, challenges that threaten its continuity include a lack of interest among the younger generation, as modern technology may limit their engagement with the craft. It also emphasized the important role of women weavers in banig weaving industry and highlighting the preservation practices to safeguard the craft and ensure its sustainable endurance. Thus, preserving this tradition strengthens the cultural identity and sustains the livelihood of Basey, Samar community.