A digest of news and opinion from the Maldives.
Maldives Transport and Contracting Company (MTCC) has signed with the Ministry of National Planning, Housing and Infrastructure (MNPHI) towards developing a port for Maldives Industrial Fisheries Company (MIFCO) at M. Mulah. COO Shahid Hussain Moosa signed on behalf of MTCC and Director-General Ms Fathimath Shaana Farooq signed on behalf of the MNPHI. Project works involve, […]
Maldives Industrial Fisheries Company (MIFCO) has been tasked to establish a fish purchasing centre in Gdh. Thinadhoo. A ceremony was hosted to mark this event, graced by the Minister of Fisheries and Agriculture Zaha Waheed as the chief guest. CEO of MIFCO Ismail Fauzee, Thinadhoo Council members and MIFCO’s senior management staff were present at […]
To ease the challenges faced by Northern fishermen, Maldives Industrial Fisheries Company (MIFCO) has signed an agreement to establish an ice plant in Hoarafushi, last Wednesday. The signing ceremony was hosted virtually among MIFCO, Hoarafushi Council, and project financers Champa Brothers. The project is a model in partnership between state companies and the private sector. […]
State-run fisheries company MIFCO has reduced the price of its Fasmeeru brand smoked tuna, or ‘valhoamas’. While the company previously sold a kilo of smoked tuna for MVR 120, the price has been reduced to MVR 105. pic.twitter.com/fFbnvxXogq — MIFCO (@mifcomv) January 6, 2021 MIFCO has also recently reduced the price of its Fasmeeru tuna […]
MIFCO has been a wildfire topic highly discussed on multiple platforms. This is not without reason. The main themes of discussion include the challenges faced by fishermen, and the low rates or wages received by the fishermen after long hard days’ work. MIFCO is under a lot of pressure as the company has been in […]
Maldives Industrial Fisheries Company (MIFCO) has revealed that the company is preparing to launch two new products to the market. MIFCO intends to launch the two new products—processed canned valhomas within 2 months period and dried coconut husk in the upcoming week. The organic, chemical-free coconut husk product is specially aimed for the agricultural sector […]
MIFCO has announced that the company’s canned tuna will be offered for the discounted prices until the end of this year. MIFCO first reduced the prices of canned tuna this year March for Ramadan. However, due to the financial difficulties being faced by the customers, the company extended the offer until August and has decided […]
Maldives Industrial Fisheries Company Ltd (MIFCO) has aimed to increase its capacity into buying 55 thousand tonnes of fish from the fishermen. According to the Managing Director of MIFCO, Ismail Fauzy, MIFCO has bought 45 thousand tonnes of fishes and issued fishermen with MVR 900 million. So far in 2020, MIFCO has bought 18 thousand […]
The Managing Director of MIFCO, Ismail Fauzy has revealed that 21,000 tonnes of fish have been bought from fishermen so far in 2020. This is 44% of the fish bought in 2019 by MIFCO, which totalled to 48,000 tonnes. Ismail Fauzy, who stated that fishing in the country is going well similar to 2019, informed […]