A group of Myanmar fishermen will be sent to Japan to receive training in new technologies and marine conservation as a part of a government pilot project, the Myanmar Fisheries Federation (MFF) has said. “We plan on sending a batch of fishermen to Japan. After coming back from training, they will share their technological […]
Central Bank raises exchange rate to meet the market price
The Central Bank of Myanmar has rapidly increased its rate for US dollar-kyat conversion over the last week, nearly catching up with the market rate. The Central Bank had left its official rate at K1027 per US dollar since February, though the rate charged by most money lenders and increasingly by commercial banks had climbed […]
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 […]