Government to Clear Backlog of Payments to Fishers Before Ramadan: Fisheries Minister
Minister of Fisheries and Ocean Resources Ahmed Shiyam has assured fishermen that all money owed to them by Maldives Industrial...
MIFCO’s Revised Terms for Foreign Buyers Rejected by Thai Companies; British Buyer Onboarded: MIFCO CEO
The Maldives Industrial Fisheries Company Limited (MIFCO) will only sell their products to companies that agree to specific conditions set...
World Bank ‘Country Environmental Analysis’ Suggests Approach Towards MIFCO Shedding Debt, Reaching Profitability
Maldives Industrial Fisheries Company (MIFCO), the wholly state-owned enterprise (SOE) set up to support the local fisheries industry by purchasing,...
Work to Revive Facility at Funahdoo and Increase Processing Capacity Nationwide Underway: Fisheries Minister
Fisheries Minister Ahmed Shiyam has said that the ministry is working to bring the fisheries facility at Funahdoo Island in...
MIFCO Begins Settling Overdue Payments to Fishermen
Maldives Industrial Fisheries Company (MIFCO) has begun releasing payments to address a total outstanding amount of around MVR 300 million...
Minister Shiyam Pledges MVR 100 Million to Settle Overdue Payments to Fishermen by Monday
As the ongoing protest by fishermen over the government’s failure to make regular payments for fish purchases enters its fourth...
Parliamentary Motion Calls for Prompt Settlement of Fishermen’s Dues as Protest Continues in Kooddoo
An early-day motion has been submitted to Parliament as fishermen continue their protest over the government’s failure to make regular...
MIFCO Lowers Purchase Price of Skipjack Tuna Amid Financial Challenges
Maldives Industrial Fisheries Company (MIFCO) on Monday reduced the per kilogram purchase price of Skipjack tuna from MVR 25 to...
Parliamentary Motion Urges Expedited Payments to Fishermen as Concerns Grow Over Unpaid Dues
A resolution has been introduce to Parliament calling on the current administration to pay fishermen their dues as soon as...
MIFCO Showcases Products at Saudi Seafood Expo
Maldives Industrial Fisheries Company (MIFCO) has showcased its latest products at the Saudi International Marine Exhibition and Conference (SIMEC); the...
