Yellowfin Tuna
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BusinessMaldives fisheries could plummet by 75 percent
A new study warns that climate change could reduce Maldivian fish stocks by 75% by 2100 as rising temperatures drive fish to cooler waters. Local fishermen already report traveling much further offshore to find catches. Experts caution against switching to industrial netting, as it could further deplete stocks and damage the nation's reputation.
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.
