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 […]

Fishy business: industry urges against Thai deal

Representative of Myanmar’s fishing industry are lining up against renewing a contract to allow Thai firms to trawl in Myanmar’s waters in return for cash payments. The deal expires in March 2014, but many industry players say the agreement’s time has passed as it was initially implemented in 2004 to generate revenues in foreign currency […]