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With its economy opening, Myanmar scoping seafood opportunities

The Southeast Asian country of Myanmar remains a relatively unknown commodity in the seafood world. With a population of 53 million, ranking it larger than South Korea and Canada, and more than 2,000 kilometers of coastline, according to the World Resources Institute, Myanmar’s potential as a seafood-producing state is significant. But a repressive military junta, […]

Foreigners get involved in illicit sale and purchase in Myanmar fishery

According to Myanmar Fishery Products Processors and Exporters Association, foreigners got involved in illicit sale and purchase in Myanmar fishery business. U Myo Nyunt, secretary of Myanmar fishery products processors and exporters association said, “There are many foreigners getting involved in fishery business.” They did not purchase the products themselves. Instead they made Myanmars buy […]

Fish producers face export fall

Fishery exports have failed to pick up so far this year after falling by more than expected last fiscal year, experts say. Poor weather, lack of equipment and shuttered fish farms led to a year-on-year decline of well over an expected US$100 million decline in exports. Consumer interest remains strong, but lower production has led […]

‘No encouraging development’ in fishery sector policy, says official

When compared to its neighbouring countries, the fishery breeding sector in Myanmar is largely incompetent and cannot compete in the global market, says an official with the Myanmar Fishery Products Processors and Exporters Association (MFPPEA) at a public meeting on Tuesday. According to the latest information, during fiscal year 2013-2014, the export value in the […]

Fish exporters not ready for EU

Confusion about Myanmar’s readmission into the European Union’s generalized scheme of preferences on June 12 is handicapping efforts by exporters to re-enter the market, industry executives said last week. A spokesperson for the Myanmar Fishery Products Processors and Exporters Association told The Myanmar Times that the impact of duty-free access to Europe on domestic exporters […]