Maldives Industrial Fisheries Company Limited (MIFCO) has revealed it will maintain the price of its products during the month of Ramadan.
Speaking at a product launching event, Chief Operating Officer (CEO) Ismail Fauzee said MIFCO is experiencing a 40% increase in the cost of making its products due to the rise in the cost of oil in the global market. However, he assured the company will not increase the cost of the products during Ramadan.
At the event, MIFCO unveiled two new products, which are chunks in oil with spicy lemon and tuna belly with olive oil. Additionally, MIFCO revealed a special promotion will be held for Ramadan and that the company will keep its products fully stocked throughout the month. It also stated it aims to provide better services during Ramadan this year compared to last year.