MIFCO Raises Skipjack Tuna Purchase Price to MVR 21
MIFCO has increased the purchase price of skipjack tuna to MVR 21 per kilogram to support local fishermen and align with current market demands.
Tribunal Denies Former MIFCO CEO’s Compensation Claim
The Maldives Employment Tribunal has rejected a $42,000 compensation claim by former MIFCO CEO Dr. Vitaly Lyubimov due to an invalid contract.
MIFCO Extends Retail Hours to Include Fridays
MIFCO extends retail hours in Male’ and Addu to include Fridays, facilitating access to fresh fish for traditional family gatherings.
MIFCO Begins Ice Distribution at Kanduoiygiri Facility
MIFCO launches a new 25-ton ice plant in Kanduoiygiri, providing a vital resource for Malé region fishermen and expanding processing capabilities.
New Directors Appointed to Three State Enterprises
The Privatization and Corporatization Board (PCB) appoints new directors to the boards of MIFCO, MFMC, and the Business Center Corporation.
President Pledges to Maintain MVR 20 Fish Purchase Price
President Dr. Mohamed Muizzu reaffirms his administration's goal to sustain fish prices at MVR 20 per kg while pursuing UK export duty waivers.
President Aims to Maintain MIFCO Fish Price at MVR 20
President Muizzu outlines plans to sustain MIFCO fish prices at MVR 20 per kg while seeking permanent UK tariff exemptions for the fisheries sector.
MIFCO Raises Fish Purchase Price to MVR 18.50
MIFCO has increased the fish purchase price to MVR 18.50 per kg, moving closer to the government's target of MVR 20 for local fishermen.
