Hi, I'm Viyu. Ask me about the stories collected here. I answer only from them, with numbered links to the outlets that published them, and I say so when they do not cover it.
MIFCO Denies Plans to Reduce Purchase Price of Skipjack Tuna Despite Financial Strain
MIFCO denied local media reports that it plans to reduce or review the per-kilogramme purchase price of skipjack tuna, stating it has bought fish at MVR 25 per kg since September and would pay all outstanding payments to fishermen. The denial contrasts with earlier comments by CEO Ismail Fauzee that the price should be reviewed to below MVR 20 to avoid significant financial losses.
Sources1carried itMR1 of 19 news outlets we monitor
Figures5as written, with their sentences
One outlet so far Only Maldives Republic has reported this among the sources we monitor. A gap in what we monitor, not proof that others did not report it.
Who said what
the reports' own quoted words, each once
It is very difficult to meet the expenses. There are many bills pending due to the price change. As per the [global] market rate, the price should be kept below MVR 20
… if the SOEs are inherently inoperable or are legacy companies that burden the state because of the shape they are in, we will have to reconsider [their status]
Nothing to compare yet. If another monitored source reports it, its headline appears beside this one.
Figures in these reports
as written, with the sentence they come from
MVR 17 to MVR 25 per kgskipjack tuna purchase price increaseMaldives Republicthe company had been buying fish at the same rate since the price was increased from MVR 17 to MVR 25 per kg last September and had not considered reducing the price.
Word for word from the report in Maldives Republic. Open the report
below MVR 20purchase price level suggested by MIFCO CEOMaldives Republicthe company should consider reducing the per kg purchase price to below MVR 20, adding that MIFCO could otherwise face significant financial losses.
Word for word from the report in Maldives Republic. Open the report
MVR 250 millionstate budget allocated to MIFCOMaldives RepublicThe state had budgeted MVR 250 million to MIFCO this year.
Word for word from the report in Maldives Republic. Open the report
22 percentEuropean tax on Maldives' fish importsMaldives Republicstating that negotiations on removing Europe’s 22 percent tax on Maldives’ fish imports were looking ‘positive.’
Word for word from the report in Maldives Republic. Open the report
1993 yearyear MIFCO was incorporatedMaldives RepublicMIFCO, incorporated in 1993, is a state-owned enterprise (SOE) established with the stated intent of creating economic opportunities for the Maldivian fishing community
Word for word from the report in Maldives Republic. Open the report
Other events named
no clear day, as worded
MIFCO's skipjack tuna purchase price was increased from MVR 17 to MVR 25 per kg by the outgoing Ibrahim Mohamed Solih administration.in SeptemberMaldives RepublicMIFCO was previously buying fish at MVR 17 per kg, but the outgoing Ibrahim Mohamed Solih administration had increased the price to MVR 25 in September in the lead-up to the second-round run-off of the presidential elections
Word for word from the report in Maldives Republic. Open the report
MIFCO issued a statement denying reports that it plans to reduce or review the skipjack tuna purchase price.Maldives RepublicIn a statement, MIFCO said the company had been buying fish at the same rate since the price was increased from MVR 17 to MVR 25 per kg last September and had not considered reducing the price.
Word for word from the report in Maldives Republic. Open the report
