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A digest of news and opinion from the Maldives.

Maldives Industrial Fisheries Company Limited (MIFCO)

MIFCO Celebrates 27 Years of Dedicated Service

MIFCO Celebrates 27 Years of Dedicated Service

2 min read

Maldives Industrial Fisheries Co. (MIFCO) has just celebrated their 27th anniversary as a company. MIFCO is the leader of Maldives Fishermen with decades of service to the Maldives fisheries as a state-run corporate enterprise for the processing and exportation of fisheries products. Throughout their successful history, they have shown their commitment to the development of […]

Improved Fishing led to Increased buying of Fish to MIFCO

Improved Fishing led to Increased buying of Fish to MIFCO

1 min read

Maldives Industrial Fisheries Company (MIFCO) stated that there is a rise in weighing fish due to improved fishing. The Managing Director of MIFCO, Mr Fauzy has congratulated the fishermen of Baahiraa boat from G.Dh. Faresmaathodaa for weighing 40.4 tons of fish in one day. He further stated that the largest volume of fish weighed in […]

MIFCO Reduces Diesel Prices to MVR 7.33 to Ease Expenses for Fishermen

MIFCO Reduces Diesel Prices to MVR 7.33 to Ease Expenses for Fishermen

1 min read

Since the majority of the income earned from fishing is spent on purchasing diesel, in order to ease the cost for fishermen, MIFCO has reduced the prices of diesel sold by the company from 22nd September. The price has been reduced from MVR 8.65 to MVR 7.33, a change of MVR 1.54 per litre. However, […]