MIFCO
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BusinessFenaka and RDC to be dissolved
President Muizzu announced the dissolution of Fenaka and RDC, merging them into STELCO and MTCC respectively to streamline operations. Additionally, AgroNet will become a subsidiary of MIFCO. These structural changes aim to reduce government expenditure and improve corporate efficiency through leaner management systems.
BusinessMIFCO raises skipjack tuna purchase price to MVR 21
MIFCO has increased the skipjack tuna purchase price to MVR 21 per kilogram to ensure fair rates for fishermen. This adjustment follows previous price hikes in June and aligns with government efforts to support the fisheries sector despite ongoing financial losses and the need for subsidies.
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Tribunal rejects ex-MIFCO CEO’s compensation claim
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"Govt no longer provides subsidies to MIFCO for fish purchase"
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MPL Deputy CEO Ibrahim Ziyath resigns
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Husband of woman who performed song for Nasheed suspended
Business
MIFCO raises fish prices to MVR 18.50
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Former MACL executive accused of corruption appointed to MPL
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MWSC Chief resigns amid wave of SOE leadership exits
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MIFCO CEO Farhath resigns
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MIFCO reverses canned tuna price hike hours after implementation
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MIFCO raises tuna can prices after elections despite government assurance
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MIFCO slashes office hours to cut costs amid Iran War
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Fish purchasing price at MVR 16 per kilo
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Big subsidy to MIFCO despite lower fish purchasing price
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STELCO gets fired MIFCO CEO as new Managing Director
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Fishing industry at lowest point in 26 years
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MIFCO to purchase USD 25 million Ensis cannery
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MIFCO to export fish directly from Addu city
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