Fishermen plead for shorter no-catch period

The Myanmar Marine Fisheries Association (MMFA), an organisation representing fishermen, is again asking the Department of Fisheries to reduce the no-catch period from June 1 to August 31 set by the department. The no-catch period specified for certain areas is aimed at helping fish stocks to recover. The MMFA is asking that the no-catch period […]

New technologies needed as prawn, shrimp exports dwindle

Myanmar shrimp and prawn exporters are facing a growing shortage of supplies due to the erosion of their natural habitats and unsuccessful breeding techniques, according to a report analysing exports to Japan supported by the Japan International Cooperation Agency (JICA). A lack of preservation of fishery resources in Myanmar has led to a decline in […]

Government Commits to Long Term Aquaculture Development; Starts Dialogue on Issues

Myanmar has taken its first major step towards developing a sustainable aquaculture industry that will meet domestic dietary needs and support the country’s fishery exports business at a time when wild fish stocks are declining rapidly. “The fisheries sector is one of the most important for our ministry, contributing to the protein needs of our […]

Fiscal Year 2017-18: a New Dawn for Economic Policies

​​ The new fiscal year will start on April 1, which also marks the start of new laws and economic policies for Myanmar. The new Myanmar Investment Law, which was recently passed, will come into effect on April 1 and its implementation and enactment will spell changes for the country’s businesses and investors. A developing […]

Rakhine’s coastal waters still plagued by off-shore fishing vessels

The illegal entry of off-shore fishing vessels into Rakhine State’s shallow, coastal waters has reportedly see a depletion in amount of fish being caught by near-shore fisherman, Myitmakha News Agency has been informed. The Department of Fisheries has demarcated a territory ten-miles from the shore as an area exclusive to near-shore fishing vessels, but off-shore […]

Influx of illicit Thai carp takes a bite out of Myanmar’s fishing industry

Yangon, June 29 – the influx of illicit carp into Myanmar from neighbouring Thailand is hurting domestic fish farming enterprises, according to the Myanmar Fisheries Federation (MFF). Approximately 6,000 viss (9,780 kgs) of carp arrives at Yangon’s central fish market everyday through unofficial channels via the Myanmar – Thai border town of Myawady. “We’ve been […]

‘Phuket of Myanmar’ seeks MIC approval

The US$1.2 billion LuxDream Island project is branded “the next Phuket” and will feature a high-end marina, luxury hotels, a theme park and a casino. The plan may seem incongruous with the serenity of Myanmar’s Myeik Archipelago. But the island dream looks set to become reality, as Singaporean Zochwell Group prepares to sign a Build, […]

At Inle Lake, the tension beneath the surface

In January, at an event bringing together about 50 youth from Inle and Yangon, some Yangon youth carried a poster showing a typical Inle scene: a fisherman standing on his long wooden boat, with a conical net in the water and the Shan mountains visible in the background. The picture wasn’t so different from many […]

Rakhine shrimp farmers chase European markets

Improved market access leads to Rakhine shrimp farm resurgence though declining yields remain a concern Former shrimp farmers in Rakhine State are restarting long-dormant businesses following encouraging rule changes in the European Union, though many claim yields have diminished because of environment degradation and illegal fishing. The EU announced improved market access for Myanmar fishery […]