Privatisation and Corporatisation Board (PCB)

18 articles

Afeef, who was recently dismissed from his position as the Managing Director of Fenaka Corporation.

Afeef removed as Managing Director of Fenaka ahead of planned dissolution

Ahmed Saudee, Managing Director of MTCC.

Nazeem dismissed as RDC Managing Director; MTCC CEO Saudee appointed as interim head

Mohamed Mihad, Executive Director of the Board of Directors of Maldives Airports Company Limited (MACL), and Board Member Sahar Waheed.

Two board members of MACL abruptly removed from their positions

Ministry of Finance.

Analyst sought to monitor and advise on SOE reforms

Shazhath Latheef, who has been appointed to the Board of Directors of Agro National Corporation Limited (AgroNat).

Shazhath Latheef appointed to AgroNat Board

Mariyam Nazleena Appointed as Accounting and Finance Member to the Board of Infrastructure Development Solutions Company Limited (IDS)

Member appointed to board of company established by President to expedite development projects

Haris Mohamed has been appointed as the Managing Director of Maldives Tourism Development Corporation Public Limited (MTDC).

MTDC MD replaced amid rumors of undervalued island sale to Turkish company

Member of Parliament for the Kendhoo constituency, Mauroof Zakir, delivers a speech during a session of the People’s Majlis.

No independent institutions remain in Maldives; even PCB is under government control: Mauroof

A photograph showing the signboard of the Privatization and Corporatization Board (PCB).

Board members appointed to four additional SOEs

New members appointed to the boards of three state-owned enterprises/

Members appointed to boards of three SOEs

Shahid speaks at an MDP press conference.

Shahid: MDP members are being dismissed under the guise of PCB to distribute jobs to PNC activists

From the ceremony held to mark the introduction of wide-body aircraft to the Maldivian fleet.

Maldivian's wide-body aircraft operates only on an intermittent basis, yet the airline is spending MVR 1.2m per month solely on pilots

Effective July 13, a directive has been issued to limit the workforce to 33 percent for a duration of three months.

SOEs Given Three Months to Reduce Workforce

The Housing Development Corporation (HDC) has recruited a significant number of employees at its head office ahead of the upcoming elections.

HDC to terminate numerous employees and abolish positions created during recent election period

Aruni Goonetilleke, the Chairperson of the Development Bank of Maldives Limited (DBM), has resigned from her position. Her resignation was tendered last Wednesday.

DBM Chair Aruni Goonetilleke Resigns Before Operations Begin

Mohamed Firzul Abdulla Khaleel, Under Secretary for Public Policy at the President's Office.

Firzul appointed as Managing Director of Hajj Corporation!

Saadha Ibrahim appointed as Chairperson of MTCC

Saadha appointed as Chairperson of MTCC

The HDC office building. Employees are expressing concern over the manner in which the company’s annual bonus was distributed.

HDC employees instructed to return a portion of their 2025 bonuses after disbursement