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Efforts such as increased enforcement, higher fines (up to RM 1 million), and naval patrols aim to curb these activities, but the vast and remote ocean areas make regulation difficult, allowing illegal vessels to continue their operations.
Looking Ahead: Will Prices Continue to Rise?
All these factors—environmental changes, illegal fishing, global supply chain disruptions, and rising operational costs—point to a challenging future for Singapore’s fish prices. Experts predict that prices are likely to keep climbing over the coming months, especially with approaching holiday seasons that typically stimulate demand.