AGP Executive Report
Last update: 3 hours agoAnti-Corruption Crackdown: Malaysia’s MACC opened an investigation into KWAP’s RM200m loss tied to Indonesian aquaculture tech firm eFishery, citing alleged fraud and manipulated financial reports, while KWAP says it invested RM163.4m and is pursuing recovery. Feed Cost Pressure: India’s Andhra Pradesh CM N. Chandrababu Naidu urged the Centre to cut shrimp-feed input costs after prices jumped sharply, warning higher costs are squeezing farmers and threatening seafood export competitiveness. Aquaculture Funding Push: Nigeria’s Shettima launched a $500m Niger Delta agriculture and investment fund spanning aquaculture and other value chains, aiming at food security and jobs. Shellfish Restoration Trial: Australia’s Cockburn Sound is testing a “mussel greenwall” using 20 tonnes of mussels to improve water quality and biodiversity. Innovation for Seafood: The U.S. NSF awarded $15m to the New England “Seafood Engine” to strengthen the seafood and aquaculture supply chain with new tech. Market Access: Armenia says ~97% of its aquaculture sector is ready for EU exports, with firms needing TRACES registration and inspections ahead of first shipments.
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