Fisheries Ministry
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NewsGovt declines to confirm US company in cat island project
The Maldives Fisheries Ministry is evaluating two proposals from U.S. firms to develop a "cat island" and a feline facility. While officials confirmed international interest, they declined to name the specific companies involved. The project aims to create a modern shelter to attract tourists and manage the local cat population.
BusinessFisheries revenue plummets as purchases collapse by 60 percent
Fisheries revenue has plummeted as fish purchases dropped by 60% in the first half of the year. Skipjack tuna saw the sharpest decline, falling over 65%, leading to a significant loss in export earnings. If this trend continues, annual revenue is projected to fall nearly 45% compared to last year.
