Fishing industry making headlines for better and for worse

Fishing industry making headlines for better and for worse

The fishing and aquaculture industry in Myanmar continues to make headlines for better or for worse. The sector is of vital importance to Myanmar. Fish accounts for 60 percent of the animal sourced food consumed in the country. As reported in our pre
Fishery exports surge by over 17% this FY

Fishery exports surge by over 17% this FY

Myanmar’s fiscal year ended on September 30th and some sectors have performed better than others. When it comes to trade, fishery exports is one of them. The Ministry of Commerce said that export earnings from the fisheries sector during the pe
Myanmar negotiates with Saudi Arabia to resume fish exports

Myanmar negotiates with Saudi Arabia to resume fish exports

The Global New Light of Myanmar reported that the Ministry of Commerce is currently negotiating with the Saudi Arabian ambassador to Myanmar about exports of fishery products to the Arab kingdom. In April 2018, following the detection of two prawn di
Fishery industry expected to rake-in up to USD 1 billion this FY

Fishery industry expected to rake-in up to USD 1 billion this FY

According to Ministry of Commerce data, over USD 680 million has been earned from fishery exports to over 40 countries, including China and Thailand, since the start of the current fiscal year in October 2019. The total earnings exceed by USD 100 mil
State Counsellor Daw Aung San Suu Kyi in Korea for ASEAN Summit

State Counsellor Daw Aung San Suu Kyi in Korea for ASEAN Summit

State Counsellor Daw Aung San Suu Kyi, accompanied by a delegation of Union Ministers, Deputy Ministers and other officials, attended the ASEAN-Republic of Korea (ROK) Commemorative Summit in Busan this week to mark the 30th anniversary of diplomatic