Privatization and Corporatization Board (PCB)
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NewsFormer Deputy Mayor and two others appointed to SOE boards
The Privatisation and Corporatisation Board has appointed former Deputy Mayor Mohamed Areesh and two others to the boards of state-owned enterprises. Areesh joins Maldives Post Limited, while Ismail Farhad Ahmed and Ahmed Imdah Mohamed were appointed to the medical supply corporation and STO, respectively.
NewsFormer MWSC chief slams ‘misguided' buyback of Hitachi stake
Former MWSC chief Abdul Matheen criticized President Muizzu’s plan to buy back Hitachi’s 20% stake, calling it a "misguided" move during a financial crisis. He argued that spending millions is illogical while the state seeks budget support and blamed the decision on poor corporate governance and political interference in state enterprises.
Business
MTCC has 6700 employees, most positions are contract-based
Business
Board appointed for new Awqaf Investment company
Business
Mihad and Sahar removed from MACL board
News
HDC grants promotions despite directive to cut costs
News
PSM Chairperson loses board eligibility after winning PNC seat
News
Sacked SOE staff reinstated after joining PNC
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HDC Chairman Ahmed Shaheer removed
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HDC appoints defeated ruling PNC candidate to high-level post
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SOE employees face dismissal threats over pressure to join PNC
News
Maarandhoo Council condemns Fenaka layoffs
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Protests in Addu City over dismissal of 189 Fenaka employees
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Finance Minister Zareer denies political dismissals in SOEs
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Youth Ministry makes more political appointments
Business
HDC wage bill hits record high following hiring spree
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Tribunal rejects ex-MIFCO CEO’s compensation claim
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PCB orders SOEs to cut workforce by 33 percent in three months
News
HDC commences mass layoffs
News