MPL cuts working hours to reduce expenses

3 weeks ago

Maldives Ports Limited (MPL) has announced a reduction in working hours for its administrative personnel as part of cost-reduction measures, while emphasizing that the changes will not affect cargo clearance operations. This decision follows a circular issued by the Privatization and Corporatization Board (PCB), which directed state-owned enterprises and their subsidiaries to adopt austerity measures in response to the economic risks