I once visited this beautiful island located in the Visayan Sea on the northernmost tip of Cebu Island. This is the tiny island of Malapascua. It is only around 2.5 kilometers long and 1 km wide. It ha eight hamlets. Here you can see an amazing sunset like what you see in my image below. I had the chance to visit this island in the year 2000.
Here is an image taken by my sister last year.
As a diving destination, Malapascua was "discovered" fairly recently, only in the early 90s. The island was first known for its wide white sand beach, known as Bounty Beach; it has also become known for its beautiful coral gardens and excellent local dive spots, as well as further-out sites including Gato Island, Monad Shoal, and Kemod Shoal. Monad Shoal is an underwater plateau where thresher sharks and manta rays can be sighted on a regular basis.
Most of the islanders derive their livelihood from tourism, while some still rely on subsistence fishing and farming.