Local shrimp market shrinking on falling US demand

As the US has stopped buying wild shrimp, the local market for shrimp is shrinking, U Hnin Oo, deputy chair of Myanmar Shrimp Association, told The Myanmar Times. In the past, Myanmar exported both wild and farmed shrimp to the US, EU as well as its neighbours in ASEAN. However, the US has said that […]

Shrimp breeders suffering from infertility

FRESHWATER and saltwater shrimp businesses are faced with losses this year because of infertile shrimp, according to the Myanmar Shrimp Association “Shrimp farming businesses ranging from breeding stations to saltwater shrimp breeding farms are not thriving this year. A species called Vannamei is being imported from abroad to bolster numbers. The breeding business is currently […]

Myanmar Trade and Business Association List

We get alot of questions about what are the various business and trade associations other than UMFCCI that a foreign investor should know about. Appended below is the list that we recommend: Myanmar Gems & Jewellery Entrepreneurs Association     29,Min Ye Kyaw Swar Rd.,Ward (8),LMDW 218451, 2300159   Association of Myanmar Architects [AMA]     Ward (9),HLG 519673~76 […]