Azwar Sidiq
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FINANCIAL FEASIBILITY OF PURSE SEINE FISHERIES IN BALIMU VILLAGE, SOUTH LASALIMU OF BUTON REGENCY Abdul Sarifin; Azwar Sidiq; Wa Ode Harliyanti Unga; Aminur Aminur
AQUASAINS Vol 9, No 2 (2021)
Publisher : Jurusan Perikanan dan Kelautan

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.23960/aqs.v9i2.p937-948

Abstract

Purse siene fishery is a capital-intensive and labor-intensive business, but it carries considerable business risk due to climate change, increased operating costs, decreased fish stocks and unstable fish prices. The purpose of this study was to determine the financial feasibility of a purse seine fishery business in Buton Waters. This research was conducted in October 2020 in Balimu Village, South Lasalimu District, Buton Regency, Southeast Sulawesi Province. This study used a survey method using a questionnaire. Data were analyzed descriptively quantitative. The results showed that the average amount of profit earned during the peak fishing season was IDR 277,263,939 / month. The NPV value is IDR 4,021,035,338 (> 0), the Net B / C Ratio value is 6.63 (> 1), the R/C Ratio value is 6.10 (> 1), the IRR value is 2.87 ( > 15% interest rate), the payback period is 8 months and 5 days, and the ROI value is 2.31%. Thus, purse seine fishery activities in Balimu Village, South Lasalimu Subdistrict during the peak fishing season are financially feasible.
THE IMPACT OF COVID-19 PANDEMIC ON THE ECONOMIC ACTIVITY OF PURSE SEINE FISHERMAN IN BANABUNGI VILLAGE, KADATUA DISTRICT, SOUTH BUTON REGENCY Azwar Sidiq; Nurhuda Annaastasia; Abdul Sarifin; Yusnita Yusnita
AQUASAINS Vol 9, No 2 (2021)
Publisher : Jurusan Perikanan dan Kelautan

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.23960/aqs.v9i2.p959-972

Abstract

Fisherman are a group of people who are highly dependent on the fisheries resources in their efforts to fulfill their basic needs and to be a prosper. The outbreak of the Covid-19 not only threatens people’s lives and safety, but also has a significant impact on economic development both of which are  macro and micro to be weakened. This research aims to determine the impacts of the Covid-19 Pandemic on Fishing activities, incomes, and marketing activities of purse seiner. The research was conducted on October 2020 in the Banabungi Village, Kadatua Subdistrict, South Buton Regency, Southeast Sulawesi Province. The results show that the impact of the Covid-19 has affected purse seiner’s fishing activities where production costs have increased by 4,62%, The of crews (ABK) have increased by 19,69%, and marketing at channel I (Producer-Wholesale)stopped. Consequently, where the change in fish price at fishemen level by 79,75%. The margin of marketing at channel II at wholesale level is IDR 5.556/kg. Meanwhile, at retail level is IDR 8.267/kg. Production was decreased by 79,93%, revenue decreased by 64,06% and profit decreased by 68,26% with value of R/C ratio 3.70 >1. The fishing location of fishermen has not change as in the previous year. Marketing volume during the peak fishing season is 14.809kg/month.