Fishing Companies in Malaysia

Fishing companies in Malaysia are responsible for the country's fishing industry. They catch fish and other seafood for consumption and export. The industry employs thousands of people and is an important part of the Malaysian economy.

Most fishing companies in Malaysia are based in the coastal town of Kuala Terengganu. The town is home to the country's largest fishing port, and most of the country's fish catch is landed here. Fishing companies in Kuala Terengganu range from small, family-run businesses to large, multinational corporations.

The Malaysian government has placed a moratorium on new fishing licenses in an effort to conserve the country's fish stocks. As a result, many fishing companies have been forced to expand their operations into other countries in Southeast Asia.

The Malaysian fishing industry has come under scrutiny in recent years for its use of harmful fishing practices, such as bottom trawling. These practices have led to the depletion of fish stocks and damage to the marine environment.

In response to these criticisms, the Malaysian government has implemented a number of initiatives to improve the sustainability of the country's fishing industry. These include the introduction of a quota system for fishing companies, and the creation of marine protected areas.