Close Menu
Maldives Business TimesMaldives Business Times
    What's Hot

    Government Unveils Tax-Free Zones and Wider Relief for Small Businesses

    October 25, 2026

    BML to Enable Dollar Payments Through Its Payment Gateway

    October 25, 2026

    STO Leads Listed Companies in Corporate Governance Compliance: CMDA

    October 19, 2026
    Facebook X (Twitter) Instagram
    Monday, October 26
    Facebook X (Twitter) Instagram
    Maldives Business TimesMaldives Business Times
    • Home
    • Features

      Government Unveils Tax-Free Zones and Wider Relief for Small Businesses

      October 25, 2026

      BML to Enable Dollar Payments Through Its Payment Gateway

      October 25, 2026

      STO Leads Listed Companies in Corporate Governance Compliance: CMDA

      October 19, 2026

      Rasmale’ Project a Golden Opportunity for Maldivian SMEs, says Business Chambers

      October 19, 2026

      Senior Medical Delegation Heads to China for Knowledge Enrichment

      October 18, 2026
    • BUSINESS

      Government Unveils Tax-Free Zones and Wider Relief for Small Businesses

      October 25, 2026

      BML to Enable Dollar Payments Through Its Payment Gateway

      October 25, 2026

      STO Leads Listed Companies in Corporate Governance Compliance: CMDA

      October 19, 2026

      MTCC CEO Confirms a Workforce of 6,700 Employees: Majority Are Contract Staff

      October 11, 2026

      October 11, 2026
    • FINANCE
    • OPINION
    • TRAVEL & TOURISM
    • PUBLIC SECTOR
    • LIFE STYLE
    Maldives Business TimesMaldives Business Times
    Home ยป MVR 80 Mn in outstanding pay to local fishers

    MVR 80 Mn in outstanding pay to local fishers

    MIFCO reports MVR 80 million in unpaid dues still to local fishers
    June 11, 20241 Min Read
    The blue economy of the Maldives | Photo: Sun Online
    Share
    Facebook Twitter LinkedIn Pinterest Email

    Maldives Industrial Fisheries Company (MIFCO) on Tuesday reveals MVR 80 million is still outstanding from the money to be paid to local fishers for the fish they sold.

    Out of the remaining total, a payment will be disbursed to fishers either Wednesday or the day after, MIFCO told local news outlet ‘Sun’.

    The last such payment was disbursed in April. MIFCO said it will pay the pending amount for May and June in their next disbursements.

    The mounting unsettled payments to local fishers had drawn their ire previously, with these frustrations often leading to protests, with one more recently held earlier this year. Fishers discontinued their protests after the government began making regular payments MIFCO owed them.

    While the current inherited a large sum in unpaid dues to local fishers, it pledged to resolve the issue expeditiously.

    Related Posts

    BUSINESS

    BML to Enable Dollar Payments Through Its Payment Gateway

    October 25, 2026
    BUSINESS

    Rufiyaa Symbol Enters Unicode 18.0, Clearing the Way for Standard Use Across Digital Platforms

    September 17, 2026
    FINANCE

    No Further Amendment Planned on Dollar Exchange Requirement: AG

    September 14, 2026
    Leave A Reply Cancel Reply

    Don't Miss
    BUSINESS

    BML to Enable Dollar Payments Through Its Payment Gateway

    October 25, 2026

    Bank of Maldives (BML) has decided to make arrangements for overseas parties to pay, through…

    STO Leads Listed Companies in Corporate Governance Compliance: CMDA

    October 19, 2026

    Rasmale’ Project a Golden Opportunity for Maldivian SMEs, says Business Chambers

    October 19, 2026
    Facebook X (Twitter) Instagram LinkedIn Telegram
    • Home
    • BUSINESS
    • PUBLIC SECTOR
    • TRAVEL & TOURISM
    © 2026 Maldives Business Times. by hyvemedia.

    Type above and press Enter to search. Press Esc to cancel.