Windfall for Tanintharyi fishermen

Since the end of last year, the price of diesel has halved from K200,000 a barrel to around K100,000 today – a major boon for fishermen who can now afford to fish longer hours. “The price has dropped by close to half, so we can double our fishing time,” said U Thet Soe, secretary general […]

Fish exports set to take a dive

Poor investment prospects and production could lead to a US$100 million shortfall in estimated fisheries exports this year, industry experts said. Fishery exports during the 2012-13 fiscal year totalled about $650 million worth of fish being sold to China, Thailand and as far as the Middle East and US, according to government data. This year […]