Aquaculture And Fisheries Industry In Malaysia

Aquaculture And Fisheries Industry In Malaysia INTRODUCTION Aquaculture industry in Malaysia nowadays has become one of engine of growth that contributes to the improvement in the economy of our country. Fisheries industry is one of the main sectors of food supply in Malaysia. At 2008, aquaculture has achieved about 20.8% contribution in fisheries industry   [ 1 ]   . Among various types of aquaculture activities, brackish water aquaculture is the predominant practise in the industry. Aquaculture is becoming one of ways to enhance food security and increase export revenues of Malaysia. Thus, commercialisation of aquaculture industry is the great concern give by government and private sectors to promote a better life and standard of living of people despite of increasing the economy development. I want to investigate how far the commercialisation of shrimp does contribute in the aspect of economy development and Human Developing Index. I have the idea to do this research initially because I’ve seen that farmed shrimp h ave been demanded by people for many reasons. This research was done to investigate the effect of commercialisation of shrimp farming in aquaculture industry towards the area in Merbok, Kedah. Most of the shrimp farmers choose various type of shrimp in their farm according to demand by people. I chose to do this research in Merbok initially because it is one of important aquaculture area of in Kuala Muda, Kedah. Moreover, Kedah is poised to become a major shrimp aquaculture zone   [ 2 ]   . The research is significant to investigate the effect of commercialisation towards the surrounding area including farmers, households and private sectors in Merbok. The Malaysian government assists the shrimp culture industry through the Department of Fisheries, which provides advice and technical assistance. In addition, aquaculture industry is become to produce high value species for domestic market as well as for the export market. About 80 percent of the Malaysian shrimp culture productio n is exported, mostly to Singapore, Japan, the United States, and Europe. Export market contributes mainly towards increasing revenues in economy of Malaysia. But, in this research, there is no numerical data about export of shrimp because most of farmers in Merbok do not export their products directly. Besides, this research is significant to make the community realise the steps taken by government to improve income and standard of living of poor people in Malaysia in order to reduce poverty. Most of Malaysian does not aware of it. Commercialization is the main purpose did by government to attract more people involve in this profitable sector. Furthermore, I also include the challenges faced by farmers in shrimp farming. 1.2 RESEARCH OBJECTIVES This study is attempted to make a further study of the effects of commercialism of tiger shrimp farming towards economy of Merbok. The objectives of study are: To investigate on how and how far has the aquaculture industry brought to improve ment in the economy development of Merbok, Kedah. To study the demand and supply of tiger shrimp before and after commercialization. To investigate the government intervention to improve this industry as one of important industry in Merbok, Kedah. To investigate the role aquaculture industry in increasing the standard of living of farmers, graduates and etc.

The swine flu clean up Essay Example | Topics and Well Written Essays - 750 words

The swine flu clean up - Essay Example It is noteworthy that the earlier SARS outbreak as well as the Hurricane Katrina were at threat level three and four respectively. Though the current administration has not been found wanting in its response, there are nonetheless several steps that could have been taken to counter the threat of transmission. Swine Flu is a virus that spreads from pigs to humans and then from humans to humans as well. The typical symptoms are coughing, fever and headache with muscular atrophy as well. The greatest risk is not from eating pork but from the spread of the virus from person to person. There has been a widespread belief that the current hype over the swine flu outbreak has largely been media driven and in reality, the outbreak is not as severe as it seems. As the ABC news website puts it, â€Å"As the swirling national media coverage of swine flu nears the end of its first full week, signs are emerging that a certain degree of panic may be gripping the public† (ABC News, 2009). Further, the website adds that, â€Å"While the official case tally in the United States hovers at 64, according to data presented by the U.S. Centers for Disease Control and Prevention today, even suspected cases are edging their way into the public eye†. Thus it is apparent that people by and large are worried over the pandemic and are taking preventive steps to protect themselves and their families against the outbreak. The WHO or the World Health Organization responded immediately to the new threat by convening an emergency meeting where the threat level was raised to 5. According to a prominent news website, â€Å"The World Health Organization called a third emergency meeting in response to a spike in swine flu cases and said the expert panel will discuss Wednesday whether to raise the worldwide flu alert level. After the panels first meeting Saturday, WHO declared the outbreak an international public health emergency and on Monday it raised the pandemic alert level from

International Differences in Accounting Essay Example | Topics and Well Written Essays - 1500 words

International Differences in Accounting - Essay Example IFRS 8 which replaced IAS14 (Deloitte & Touche, 2007), is the standard that deals with similar issues under IAS. Some of the major differences observed between SFAS 131 and IFRS 8 include the following: (Deloitte & Touche, 2007): While IFRS requires that measures of segment liabilities be disclosed if those measures are provided regularly to the chief operating decision maker, under SFAS No. 131 such disclosures are not required. Under IFRS 8, the core principle is used as the basis for determining the operating segments of an entity while under IFRS the products or services are used as the basis for determining the operating segments. Differences may also arise as a result of different interpretation of rules by companies in different countries despite the similarities that may exist between the rules. (Roberts et al, 2005). For example because many areas of accounting require the use of estimates, forecasts or judgments companies may differ in the way they estimate, forecast or judge in different situations. (Roberts et al, 2005). A distinction must be made between accounting r... (Roberts et al, 2005). For example because many areas of accounting require the use of estimates, forecasts or judgments companies may differ in the way they estimate, forecast or judge in different situations. (Roberts et al, 2005). iii. Differences in Preferred Accounting Practice. A distinction must be made between accounting regulations or de jure issues, and actual practices, or de facto issues. (Weetman et al, 1998; Roberts et al, 2005). A number of options are contained in accounting regulations as well as there may also be a large number of issues which are not covered by accounting regulations at all, giving companies even more choice. (Roberts et al, 2005). While it is relatively straightforward (although not necessarily easy) to compare the accounting practices of two countries, this may tell us relatively little about how similar the accounting practices of two companies actually are in areas were discretion exists. (Roberts et al, 2005). De facto practices may differ considerably across countries, even if there are few de jure differences. Alternatively, all companies, irrespective of country domicile, choose wherever possible to use similar methods, de facto differences may be less than de jure differences. (Roberts et al, 2005). b). Having identified the ways accounting practices may differ, the study will now take a look at the importance of the differences to preparers of financial reports and user groups. The main preparers identified by Roberts et al (2005), include companies while users include companies, investors and other user groups. Companies that carry out trade in different carries such as multinational companies are