MIFCO celebrates 33 years of service to fisheries industry

MIFCO marks its 33rd anniversary, highlighting expanded fish purchasing at MVR 23 per kilogram across seven harbours, clearance of MVR 250 million in arrears to fishermen, and a government cold storage project for 9,000 metric tonnes. The state-owned company, established on 1 November 1993, was restored as a separate entity in 2024.

First reported 1 Nov 2026

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What are the key figures?

Sources 1carried it 1 of 19 news outlets we monitor

Figures6as written, with their sentences

One outlet so far Only MM TV (English) has reported this among the sources we monitor. A gap in what we monitor, not proof that others did not report it.

What happened

in order; days are read from the reports' words and dates

Sun 1 Nov

MIFCO celebrates its 33rd anniversary, confirming fish purchases at MVR 23 per kilogram at seven harbours. 1 Nov only MM TV (English)
Maldives Industrial Fisheries Company Limited (MIFCO) celebrates its 33rd anniversary today... On its anniversary, the company confirmed that it is purchasing fish at MVR 23 per kilogram at seven harbours.
Word for word from the report in MM TV (English). Open the report

How the reporting differs

one source so far

MM TV (English)News outlet

MIFCO celebrates 33 years of service to fisheries industry

MVR 23 Fish purchasing rate

1 Nov time not given Open at outlet

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 23 Fish purchasing rate MM TV (English)
On its anniversary, the company confirmed that it is purchasing fish at MVR 23 per kilogram at seven harbours.
Word for word from the report in MM TV (English). Open the report
MVR 250 million Unpaid fishermen arrears MM TV (English)
MVR 250 million remained unpaid at the change of administration, but those arrears have since been cleared
Word for word from the report in MM TV (English). Open the report
48 hours Payment turnaround after weighing catches MM TV (English)
arrangements now provide for payment within 48 hours of weighing catches, in line with President Dr Mohamed Muizzu's pledge.
Word for word from the report in MM TV (English). Open the report
MVR 20 Earlier fish purchasing rate MM TV (English)
The company began purchasing fish at MVR 20 per kilogram around three months ago and confirmed the MVR 23 rate applicable today.
Word for word from the report in MM TV (English). Open the report
9,000 metric tonnes Cold storage capacity target MM TV (English)
The Government has launched a cold storage development project aimed at providing capacity for 9,000 metric tonnes of fish at a time
Word for word from the report in MM TV (English). Open the report
33 years Years of service MM TV (English)
Maldives Industrial Fisheries Company Limited (MIFCO) celebrates its 33rd anniversary today
Word for word from the report in MM TV (English). Open the report

Other events named

no clear day, as worded

MIFCO was restored as a separate, wholly State-owned company. 2024 Maldives MM TV (English)
before President Dr Muizzu restored it as a separate, wholly State-owned company in 2024.
Word for word from the report in MM TV (English). Open the report

Subjects

sectors and approved topics, alphabetical

Fisheries & agriculture

Named in these reports

alphabetical

Fisheries Projects Implementation Department (FPID)Maldives Fisheries Corporation Maldives Industrial Fisheries Company Limited (MIFCO)President Dr. Mohamed Muizzu President