YANGON-The first international-standard Myanmar Aquarium including an underwater wing is being constructed in Kandawgyi Gardens in Yangon and is expected to complete in 2020, says Director Tin Maung Tun from Mottma Development Group implementing the Aquarium project. Under the leadership of Yangon Region Government, the Yangon Ecological Aquarium has been cooking since 2016. “An underwater […]
EU green lights aquaculture imports from Myanmar
The EU has approved the import of aquaculture products from Myanmar, in a move that has been welcomed by aquaculture producers in the Southeast Asian country. “It’s a great accomplishment for the EU projects/people that have been working hard for the past years to make this happen,” said Jonah van Beijnen, an aquaculture expert closely […]
Yangon chief ministers lay outs plan to improve fish farming
The government will cooperate with Myanmar Fisheries Federation (MFF) in reforming the current fish farming system in fishery sector, said Yangon Region chief minister Phyo Min Thein. He blamed little profit for results from conventional farming and called for better services in transporting fishery products through cold storage factories. The chief minister said the government […]
Mandalay approves investments exceeding K1.4 billion
The Mandalay Region Investment Committee has approved over K1.4 billion in investments since the Myanmar Investment Law was approved in October 2016, U Thike Htoon, assistant director at the Directorate of Investment and Company Administration (DICA), said on Monday. The investments were approved for the first time after the Myanmar Investment Commission (MIC) established Region […]
Seafood industry expected to expand after EU checks standards
There are only 19 fishery exporters in Myanmar but the number is likely to swell after the EU does standardisation checks next year, Myo Nyunt, secretary of Myanmar Fishery Products Processors and Exporters Association, he said. “We’ve heard the EU adjudicators will come and check our industries next year. But the official announcement isn’t issued […]
Priority items chosen for National Export Strategy
In developing the country’s trade sector through an export-led growth model, six products and one service have been chosen as priorities for Myanmar’s National Export Strategy, according to the national consultant responsible for the strategy. “The priority export items have been chosen based on two criteria. One is its potential given the current trading situation, […]