Private fish exporters raise concerns over MIFCO subsidy

Complaints like not being able to catch fish, not getting ice to store fish and not getting the same price for fish are always heard from fishermen.

13 November 2022

MIFCO to develop Kanduohgiri as fish packing facility

He said that MTCC has been entrusted with the task of repairing the island’s harbour.

13 December 2022

FSM to sell discounted fuel to fishermen; credit available

Under the credit scheme, fishing vessels will get 15 days to pay for the fuel.

4 January 2023

MIFCO loses MVR 48 million annually to poor fish quality

When the company's operating expenses are added, the net loss is estimated at MVR 1 billion.

18 October 2022

MIFCO buys 4 vessels for seasonal fishing

The vessels will be brought to the country by the first or second quarter of next year and will be put into service.

12 December 2022

MIFCO says privatisation will benefit company

Fauzi said MIFCO's purchase of fish from fishermen at above market prices was a huge loss to the company.

14 December 2022

Fish cannery valued with land at fair market price, Ensis says

Ensis said the valuation had been carried out by a professional auditor and assured there was no irregularity in the process.

12 August 2025

Maldives awards USD225 million fisheries project to China firm

He said he hoped the fish factories would be operational within the next 18 months.

15 April 2024