Maldives Industrial Fisheries Company (MIFCO)
Plenty more fish in the sea as over a ton discarded
The spike across the Maldives, especially in the south, has led to complaints about an ice shortage to keep the fish frozen, as well as MIFCO and other firms lacking buying capacity.
10 Apr 2018, 9:00 AM
High and dry: fishermen queue to weigh their catch
Boats which had queued on Sunday evening were still in line at dawn on Monday, with ten boats waiting to weigh their haul from the previous day.
09 Apr 2018, 9:00 AM
Government lends US$3m to debt-ridden fisheries company
The loan is intended to “compensate the challenges faced by fishermen of the skipjack tuna industry and pave the way for modern development of the fisheries industry of the Maldives.”
04 Nov 2017, 9:00 AM
STO reassures shareholders after merger with debt-ridden fisheries company
The State Trading Organisation, the largest state-owned enterprise and the country’s primary wholesaler, has assured its shareholders that a merger with the debt-ridden state fisheries company will not result in losses.
04 Oct 2016, 9:00 AM