Exporters urgently need COVID-free certificates to ship fisheries products to China via land borders: MFF reports

The COVID-19 free certificate, essential for fishery exports to China, must be issued at the soonest as it can cause disturbance on trading, said general secretary U Win Kyaing of Myanmar Fisheries Federation (MFF). China authorities have given the go-ahead for fishery exports only with the presence of COVID-19 free certificate on products since last […]

Myanmar targets US$1B in marine exports for fiscal 2020-21

Myanmar expects to export up to US$1 billion worth of marine products in fiscal 2020-21 notwithstanding disruptions as a result of COVID-19, said U Wai Lin Maung, Director General of the Department of Fisheries under the Ministry of Agriculture, Livestock and Irrigation. This is around 17 percent higher than in fiscal 2019-20, when the country […]

Fishery exports targeted over $1 bln in current FY: MFF reports

Myanmar Fisheries Federation (MFF) targets to earn over US$1 billion from fisheries exports in the current financial year started from 1 October 2020, said General Secretary U Win Kyaing from MFF. Myanmar sends fish and fishery products to external market through air and sea routes as well as land borders. Myanmar exported 670,000 tonnes of […]

Saudi Arabia blocks Myanmar fisheries products at its ports

Saudi Arabia has seized around 30 containers of Myanmar fisheries products at its ports, said U Ye Min, a member of the Myanmar Fisheries Products Processors & Exporters Association. He said the Saudi authorities would not permit the products to enter the country and the containers have been left at the ports. The fisheries in […]

Myanmar Inks Four Agreements With S.Korea to Cooperate on Education, Environment, Tech

YANGON—Myanmar signed four Memorandums of Understanding (MOUs) with South Korea on cooperation on fisheries; technical and vocational training; the environment; and development of digital economy, higher education, smart cities and connectivity during State Counselor Daw Aung San Suu Kyi’s trip to Busan earlier this week. The State Counselor visited the city from Nov. 25-27 to […]

Titans of Thai Fishing Collaborate to Tackle Slavery

SAMUT SAKHON, Thailand—Daw Zin Mar was a housewife in Bago Region when she saw an advertisement for a job at Thai Union Group, a global seafood supplier and the world’s biggest producer of tuna. The 44-year-old paid a local recruitment agency about 4,300 Thai baht (212,750 kyats, or US$140)—less than half the sum that most […]

As fishing ban ends, authorities urged to tackle illegal boats

A precipitous decline in fishery resources prompted a three-month ban on all offshore fishing in Myanmar waters, but members of industry and civil society groups say more needs to be done to combat rampant illegal fishing. OFFSHORE BOATS and their crews returned to work on September 1 at the end of a three-month suspension of […]

Dawei SEZ stands better chance with Japanese participation, officials say

The governments of Myanmar, Japan and Thailand will be meeting over the troubled Dawei special economic zone (SEZ) project that has stalled since 2013 for lack of funding. Ministers will form a Joint Cooperation Committee to discuss how Japan can be more involved in developing the SEZ. Located 20 kilometres north of Dawei, capital of […]

Germany’s METRO AG starts operations in Myanmar

Germany’s wholesale company Metro AG, kicked-off its operations in Myanmar over the weekend. The company will serve its customers in the fast-growing hospitality and tourism sectors from its modern warehouse in Yangon through its state-of-the-art digital ordering and delivery services. “The food wholesale industry in Myanmar offers big potential for Metro and we believe our […]

Trade deficit continues to narrow as exports accelerate

The trade deficit for the first four months of the 2018-19 fiscal year, which starts in October and ends in September, has declined with imports increasing at a slower pace compared to the same period of last fiscal year. According to data provided by the Ministry of Commerce, trade volume for the period up to […]