Around 4,500 Political Positions Created by Government: MDP
The Mohamed Muizzu administration currently employs 4,500 political appointees, the opposition Maldivian Democratic Party (MDP) has said. Ibrahim Ameer, Finance...
Debt-Ridden FENAKA to Transfer Utility Projects to MWSC
State-owned utility company FENAKA Corporation has initiated transferring its ongoing water supply and sewerage network projects to the Malé Water...
SOEs Issue Promotions, Create Jobs Ahead of Parliamentary Elections; ACC Halts MIFCO Staff Promotions
Maldives Ports Limited (MPL) issued promotions for up to 500 employees ahead of Sunday’s parliamentary elections, inside sources have confirmed....
China’s Dongfang Electric Awarded Addu City Power Plant Project
China’s Dongfang Electric Corporation has been awarded the contract to upgrade the power supply to the connected islands of Addu...
Five Ice Plants Back in Operation; Government Plans to Establish Nine Additional Plants
The Ministry of Fisheries and Ocean Resources, working with Maldives Industrial Fisheries Company (MIFCO), the states fisheries company, has brought...
Over MVR 700 Million in SOE Loans Secured With Sovereign Guarantees
The administration has issued guarantees for loans, worth MVR 750 million, to some state-owned enterprises last year, according to the...
Addu Water Supply Restored After Three-Day Outage
Water supply has resumed in the connected island districts of Addu City after a three-day interruption. A second replacement variable...
Fenaka Struggles to Deliver Solution as Addu Water Outage Enters Third Day
Fenaka Corporation has said that it is working to deliver an additional variable frequency drive (VFD) to Addu as residents...
Fenaka Corporation Layoffs Spark Parliamentary Tensions
Fenaka Corporation, the state-owned utility company, has announced it will not renew the contracts of 900 employees in 40 islands....
Fenaka Undergoes Internal Audit
State-owned utility Fenaka Corporation, which is grappling with significant debt, is currently undergoing an internal audit to evaluate its present...
