Myanmar-Japan venture to farm eels for export

Myanmar is set to increase its exports of farmed eels to Japan, the world’s biggest consumer of the fish, under a joint venture between companies from the two countries. Under an agreement between Myanmar’s Anawa Devi Fishing & General Trading Co-op Ltd and Daiichi Koutsu Sangyo Co, a major Japanese taxi operator which has diversified […]

Trade GSP Can’t Make Profit for Myanmar in Short Term

Some 5000 goods from Myanmar have been granted classification under the United States Generalised System of Preferences export scheme, however this will not see a rapid turnaround in profits, say industry figures. The United States trade representative body announced on its official website that preferential tariffs under the Generalised System of Preferences scheme were to be […]

Sliding scale: Fish exports slip away

Fish industry exports are likely to fall further this year as both over-fishing and under-investment continues to bite, officials from the Myanmar Fishery Federation (MFF) warned. Although the easing of sanctions opened up EU and US markets to exports, the industry cannot make the necessary investments in fish processing and refrigeration that it needs if […]

‘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 […]