NATIONAL LOCAL BUSINESS NATIONAL Vice President’s Exports from fishery Performances in one-year period of short excursion to sector fetched over Ministry of Education and Ministry of Nanshan Temple US$500million this FY Labour, Immigration and Population PAGE 3 PAGE 4 PAGES 5+6,11+12 Vol. III, No. 345, 15th Waning of Taboung 1378 ME www.globalnewlightofmyanmar.com Monday, 27 March 2017 Serious efforts made to ease local people’s difficulties in Rakhine State LOCAL residents in Rakhine State presented explanations about their sufferings on social difficulties and having to deal with natural disasters almost every year and the requirements of preparedness when they met with Dr Win Myat Aye, Union Minister for Social Welfare, Re- lief and Resettlement yesterday at the township administration offices of Kyaukphyu township. Union Minister Dr Win Myat Aye listened to the reports of the residents with the help of local responsible persons and visited the Internally Displaced Persons (IDP) camps in Kanyin- taw to meet lDP people and ful- filled the requirements for mov- ing to newly constructed houses and provided rice, cooking oil, beans and salt as humanitarian assistance. Local people in the Kyauk- talone IDP Camp were encour- aged to participate and work Fishing is one of the for stability and peace and were sources of livelihood for told of the plan for socio-eco- the people in Rakhine nomic development and re- State.PHOTO: REUTERS ceived humanitarian assistance. SEE PAGE 3 >> INSIDE Local, foreign media to visit Maungtaw THE Ministry of Information is months of security clearance op- 28 March to 1 April. The media the resulting decline of the fishing working for both foreign and local erations. A team of 20 foreign and groups have received permission industry of the district, immigra- media groups to make excursions local media groups led by Gener- to freely investigate the district for tion and trading of merchandise YSX to extend trading into the Maungtaw District in al Manager U Ye Naing from the news concerning the October at- near the border. Foreign and lo- time to four times a day northern Rakhine State, the site of Ministry of Information’s News tacks, the fleeing and resettlement cal media made a previous trip to in April violent attacks in October on bor- and Periodicals Enterprise will of families, damage and recon- Maungtaw District on 19 Decem- PAGE 4 der police outposts that prompted travel to Maungtaw District from struction of areas destroyed by fire, ber 2016.—MNA 2 27 March 2017 LOCAL Exports from fishery sector fetched Chin Shwe Haw border trade over US$500million this FY up by over US$200million THE value of trade through Chin border trade camps: Muse, Lwe- Shwe Haw border trade camps je, Chin Shew Haw, Kan Pike as of 10th March this Fiscal Tee and Keng Tung. Out of the Year 2016-2017 soared to US$ five, Muse and Keng Tung bor- 539.834mil which is up by over der trade camps were found to US$ 206.023million than that of have had a decrease in trade val- similar point of last FY, accord- ue, whereas the remaining three ing to the statistics of the Com- trade camps managed to bolster merce Ministry. trade. The trade values as of 10th nevertheless, the total March this FY were US$4.63bil value of border trade between in Muse, US$179.421mil in Myanmar and China as of 10th Lweje, US$539.834mil in Chin March in the current fiscal year Shwe Haw, US$90.359mil in showed a slight decrease of over Kan Pike Tee and US$4.357mil US$2million against that of last in Keng Tung respectively, ac- FY as the trade value via Muse cording to the Commerce Min- border trade camp which per- istry. formed the largest trade out of In the same period, the trade all 16 border camps significantly values via 16 border camps_ declined by nearly US$310mil- Muse, Lwejel, Kanpiketee, lion, according to the statistics of Chinshinhaw, Tamu, reed, the Commerce Ministry. Myawady, Tachilek, Kengtung, Myanmar-China trade value Kawthaung, Myeik, Hteekhee, from 1st April to 10th March this Mawtaung, Maese, Sittway and FY reached US$5,449.953mil- Maungtaw totaled US$6.78bil, lion whereas that in the sim- with an export value of US$4. ilar period of last FY hit 21bil and an import value of Workers sort out prawns at the cold-storage factory. PHOTO: SUppLIED US$5,452.518million. US$2.57bil. The figure is up by Myanmar and China trade US$219.931mil from that of last THE export of fishery products the export volume, the fish farm- water, the farmers should also is flowing in and out of these FY, it is learnt. –Mon Mon as of 10th March this Fiscal Year ing sector is being prioritised and conduct testing at the laborato- hit US$525.986million, which concerted efforts are needed to ries of the Fisheries department. is an increase of US$93.929mil- be exerted by all the stakehold- Saltwater and freshwater YSX to extend trading time to lion from that of the similar point ers in the fisheries export supply prawn farming businessmen are last FY, according to statistics chain, including the Ministry of being faced with difficulties. Out four times a day in April released by the Commerce Min- Agriculture, Livestock and Ir- of 27 hatcheries for freshwater istry. rigation and Myanmar Fishery prawns, only four are left due TrADIng time on Yangon set the timings of stock trading The fisheries exports at- Federation (MFF). to the difficulty in reproduction Stock Exchange (YSX) will be and the result will be submitted tained over US$668mil in 2011- Those engaged in Myan- process. extended to four times a day to the commission to approve, it 2012, over US$493mil in 2012- mar’s fish and prawn farming Similarly in saltwater farm- starting in April, according to the is learnt. 2013 and over US$341mil in need to switch over to a mod- ing, only some prawn farmers are YSX Anniversary Forum held The details of trading times 2013-2014. The figure then de- ern farming method from the able to farm the saltwater prawns on 25th March at YSX office. will be publicised and disclosed clined slightly, but thevexport traditional one. Adopting mod- and they are faced with difficulty Currently, stock trading on through the YSX website. value was a bit up in 2015-2016 ern farming techniques can help in maintaining the gene. YSX is opened twice a day at Present at this forum were U FY with over US$469mil. prevent the fish from infectious Only 40,000 tonnes of fresh- 11am and 1am. The extension of Yin Zaw Myo; the MD of YSX, Erratic weather adversely disease, increase the growth rate water and saltwater prawns can trading time aims to gain a mofre U Thet Tun Oo; the executive affected fisheries production and of fish and prawn and help clean be produced in the country and vibrant stock market. manager of YSX, U Ye Min fish resources, and offshore fish- the farming lakes, according to the prawns are being imported If this plan brings a fruit- Aung; the vice chair of Union of ing does not look very promis- MFF. from Thailand, it is learnt. — ful result, the stock trading time Myanmar Federation of Cham- ing. As a result of this, to boost To control the quality of lake Ko Htet will possibly extend to six times bers of Commerce and Industry per day, with the bylaws being (UMFCCI), U Aye Thiha; CEO drawn up, said U Yin Zaw Myo, of Thiha group of Companies the managing director of Yan- and U Thurein Aung, the Man- gon Stock Exchange. aging Director of MAEX Public Food safety can scale up value at The meetings will be held to Co., Ltd. —200 export market SAFE food production can in- foreign consumers demand only Fifty per cent of local food crease value in the international the food systematically produced products face difficulties when market, said an official from My- from farm to production. they are placed on the export anmar Consumer Affairs Depart- Myanmar exports the fish- market due to the lack of adequa- ment. ery products to foreign countries cy and weakness in food safety. The products with no guar- as raw goods. The technical and Some are rejected to be placed antee of safety can be placed financial assistance from the on the market because some lo- only on the raw market, resulting foreign countries are required to cal businessmen follow the sim- in a lower than prevailing market proceed to safe food production ple way rather than pursuing the price. In addition, there is no firm system, said U Tun Sein, the sec- systematic methods in manufac- market for those products. retary of Myanmar Fish Paste, turing process, said U Maung Food safety is positively Dried Fish and Fish Sauce Pro- Maung, the secretary of Myan- Trading at the Yangon Stock Exchange is extended from twice to four related to the foreign market as ducers Association. mar Consumer Union. —200 times a day as from coming April. PHOTO: PHOE KHWAR 27 March 2017 NATIONAL 3 Finalists chosen for AFC Women’s Vice President’s short Asian Cup qualification excursion to Nanshan Temple TWENTY-THREE finalists The Myanmar team is in from the Myanmar Women’s group D together with Vietnam, VICE President U Myint Swe, who National Football Team have Iran, Syria and Singapore. The is in China to attend the Boao Fo- been selected to compete in the team will compete in the quali- rum for Asia, travelled from Boao 2018 Women’s Asian Cup or- fication between 3 and 11 Apri- to Sanya by motor vehicle and ganised by the Asian Football lin Vietnam.