Caught in the net The Malaysian seafood industry waits in vain
By Rosalind Chua
March 2010FEATURE
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The Malaysian seafood industry is widely recognised as world-class, with exports valued at RM2.5bil in 2007 – fairly healthy earnings considering that the Malaysian automotive industry posted export earnings of RM4bil for the same period. Many of the seafood industry’s leading players are based in Penang, and these include the parent companies of well-known brands that can be found in supermarket chains throughout Malaysia and the world.Up till May 2008 the industry was booming and looked set to achieve another...
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