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Maldives Industrial Fisheries Company
The Maldives Industrial fisheries company, MIFCO, is a public company engaged in the production, processing and marketing of fish and fishery products. The company was incorporated in 1993. History Fishing has always been a part of the Maldivian lifestyle. In addition to being a primary food source, it was also the primary source of income for island communities. The practices of small-scale fishing - feed the family, then the community, and export the excess - personifies the elements of sustainable fisheries in the Maldives. In 1977, the Government of Maldives, with a Japanese investment set up a cannery at Lh.Felivaru, adding commercial value to the daily catch. This began the first industrial scale value addition process in the Maldives fishing industry. To this day, canned tuna is popularly known as Felivaru Masdhalhu. MIFCO aims to continually develop the Maldivian fisheries industry, supplying sustainable and responsible fishery products. The traditional fishing method is ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Government-owned Corporation
A state-owned enterprise (SOE) is a government entity which is established or nationalised by the ''national government'' or ''provincial government'' by an executive order or an act of legislation in order to earn profit for the government, control monopoly of the private sector entities, provide products and services to citizens at a lower price and for the achievement of overall financial goals & developmental objectives in a particular country. The national government or provincial government has majority ownership over these ''state owned enterprises''. These ''state owned enterprises'' are also known as public sector undertakings in some countries. Defining characteristics of SOEs are their distinct legal form and possession of financial goals & developmental objectives (e.g., a state railway company may aim to make transportation more accessible and earn profit for the government), SOEs are government entities established to pursue financial objectives and deve ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Fishing Industry
The fishing industry includes any industry or activity concerned with taking, culturing, processing, preserving, storing, transporting, marketing or selling fish or fish products. It is defined by the Food and Agriculture Organization as including recreational, subsistence and commercial fishing, and the related harvesting, processing, and marketing sectors.FAO Fisheries Section: Glossary''Fishing industry.''Retrieved 28 May 2008. The commercial activity is aimed at the delivery of fish and other seafood products for human consumption or as input factors in other industrial processes. The livelihood of over 500 million people in developing countries depends directly or indirectly on fisheries and aquaculture. The fishing industry is struggling with environmental and welfare issues, including overfishing and occupational safety. Additionally, the combined pressures of climate change, biodiversity loss and overfishing endanger the livelihoods and food security of a substantial po ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Malé
Malé (, ; dv, މާލެ) is the capital and most populous city of the Maldives. With a population of 252,768 and an area of , it is also one of the most densely populated cities in the world. The city is geographically located at the southern edge of North Malé Atoll ( Kaafu Atoll). Administratively, the city consists of a central island, an airport island, and four other islands governed by the Malé City Council. Traditionally it was the King's Island, from where the ancient royal dynasties ruled and where the palace was located. The city was then called ''Mahal''. Formerly it was a walled city surrounded by fortifications and gates (''doroshi''). The Royal Palace (''Gan'duvaru'') was destroyed along with the picturesque forts (''koshi'') and bastions (''buruzu'') when the city was remodelled under President Ibrahim Nasir's rule in the aftermath of the abolition of the monarchy in 1968. However, some buildings remained, namely, the Malé Friday Mosque. In recent years, t ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Maldives
Maldives (, ; dv, ދިވެހިރާއްޖެ, translit=Dhivehi Raajje, ), officially the Republic of Maldives ( dv, ދިވެހިރާއްޖޭގެ ޖުމްހޫރިއްޔާ, translit=Dhivehi Raajjeyge Jumhooriyyaa, label=none, ), is an archipelagic state located in South Asia, situated in the Indian Ocean. It lies southwest of Sri Lanka and India, about from the Asian continent's mainland. The chain of 26 atolls stretches across the equator from Ihavandhippolhu Atoll in the north to Addu Atoll in the south. Comprising a territory spanning roughly including the sea, land area of all the islands comprises , Maldives is one of the world's most geographically dispersed sovereign states and the smallest Asian country as well as one of the smallest Muslim-majority countries by land area and, with around 557,751 inhabitants, the 2nd least populous country in Asia. Malé is the capital and the most populated city, traditionally called the "King's Island" where the ancient royal dy ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Public Company
A public company is a company whose ownership is organized via shares of stock which are intended to be freely traded on a stock exchange or in over-the-counter markets. A public (publicly traded) company can be listed on a stock exchange (listed company), which facilitates the trade of shares, or not ( unlisted public company). In some jurisdictions, public companies over a certain size must be listed on an exchange. In most cases, public companies are ''private'' enterprises in the ''private'' sector, and "public" emphasizes their reporting and trading on the public markets. Public companies are formed within the legal systems of particular states, and therefore have associations and formal designations which are distinct and separate in the polity in which they reside. In the United States, for example, a public company is usually a type of corporation (though a corporation need not be a public company), in the United Kingdom it is usually a public limited company (plc ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Skipjack Tuna
The skipjack tuna (''Katsuwonus pelamis'') is a medium-sized perciform fish in the tuna family, Scombridae. It is otherwise known as the balaya (Sri Lanka), bakulan/kayu (North Borneo), tongkol/aya (Malay Peninsula/Indonesia), aku (Hawaii), cakalang (Indonesia), katsuo, arctic bonito, mushmouth, oceanic bonito, striped tuna or victor fish. It grows up to 1 m (3 ft) in length. It is a cosmopolitan pelagic fish found in tropical and warm-temperate waters. It is a very important species for fisheries. Description It is a streamlined, fast-swimming pelagic fish, common in tropical waters throughout the world, where it inhabits surface waters in large shoals (up to 50,000 fish), feeding on fish, crustaceans, cephalopods, and mollusks. It is an important prey species for sharks and large pelagic fishes and is often used as live bait when fishing for marlin. It has no scales, except on the lateral line and the corselet (a band of large, thick scales forming a circle around ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Fishmeal
Fish meal is a commercial product made from whole wild-caught fish, bycatch and fish by-products to feed farm animals, e.g., pigs, poultry, and farmed fish.R. D. Miles and F. A. Chapman.FA122: The Benefits of Fish Meal in Aquaculture DietsFisheries and Aquatic Sciences Department, UF/IFAS Extension. Original publication date November 2005. Reviewed January 2015. Because it is calorically dense and cheap to produce, fishmeal has played a critical role in the growth of factory farms and the number of farm animals it is possible to breed and feed. Fishmeal takes the form of powder or cake. This form is obtained by drying the fish or fish trimmings, and then grinding it. If the fish used is a fatty fish it is first pressed to extract most of the fish oil.M. L. Windsor for the UK Department of Trade and Industry, Torry Research StationFish meal. Torry Advisory Note No. 49Published by FAO in partnership with Support unit for International Fisheries and Aquatic Research, SIFAR, 2001) B ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Industries In Maldives
Industries in the Maldives center around fishing and tourism, with some overlap between the two with recreational fishing. Fishing Pole and line fishing Since prehistory, the method of fishing employed in the archipelago has been the pole and line method. The types of fish caught by this method are tuna, skipjack tuna, frigate fish, frigate and mackerel. The main catch is tuna, which is used in the daily diet of the inhabitants, as well as for export in different forms. The daily catch mainly depends on the seasons. Triangular sailed ''dhoni'' were used in the past, while mechanized fishing ''dhoanis'' are now used. Traditionally, fishermen set out at dawn in search of bait fish, which were caught and kept alive in a specially prepared compartment of the ''dhoani''. Eight or nine men did the actual fishing. The poles are short, are equipped with a line, and hook. During a favorable season, the catch can be as much as a thousand fish per ''dhoani'' per day. Traditionally, the ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
