Fenaka Corporation
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Latest
NewsFenaka offers voluntary redundancy packages for STELCO merger
Fenaka Corporation is offering voluntary redundancy packages with three months' salary as it prepares to merge with STELCO. This move is part of a broader government initiative to restructure state-owned enterprises and reduce the workforce by 33 percent to cut public expenditure. Interested staff must submit their resignations by tomorrow.
NewsMWSC takes over Addu and Fuvahmulah sewerage projects
Following the dissolution of Fenaka Corporation, the Male' Water and Sewerage Company (MWSC) has officially taken over sewerage projects in Addu and Fuvahmulah. This transition is part of a broader government restructuring plan to merge state-owned enterprises to improve operational efficiency.
Business
Fenaka and RDC to be dissolved
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HDC Chairman Ahmed Shaheer removed
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Foakaidhoo residents storm Fenaka office over dismissals
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Protest in Foakaidhoo over dismissal of 13 Fenaka employees
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Maarandhoo Council condemns Fenaka layoffs
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Protests in Addu City over dismissal of 189 Fenaka employees
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Mayor calls on Addu residents to begin anti-govt protests
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SOE employees coerced into signing government petition
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Fenaka dismisses 90 Addu City employees
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Shaheem declines to explain awarding mosque projects to Fenaka
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PNC MPs frustrated over stalling of projects assigned to SOEs
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Only seven of 243 Fenaka projects are active: Nazim
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Parliament orders major Fenaka overhaul to curb corruption
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HDC commences mass layoffs
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MP calls for Fenaka MD to face Majlis over power cuts
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Fenaka terminates 12 employees from Veyvah branch
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MPL Deputy CEO Ibrahim Ziyath resigns
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