A digest of news and opinion from the Maldives.
The MDV economy is highly dollarized. The Financial sector small and dominated by banks with an estimated total asset base of MVR 56 billion. Last three years our usable reserve averaged USD 235 Million. Along with huge current account deficits and subsequent budget deficits over the years, one has to recognize that there are limited […]
Ooredoo Maldives has opened up the much-awaited Samsung Galaxy Note20 & Note20 Ultra devices for pre-bookings, with exciting offers and nationwide delivery. The new Note device is a powerful phone set to put a whole new world, adapting to the new normal and changing the way you work and play. Ooredoo offers free 12 GB […]
The Committee Investigating Public Housing Schemes has invited the public to submit complaints disputing the points allocated to any person on the temporary lists of flat applicants, through the Committee’s dedicated complaints portal. The Committee announced this via a statement published in the Government Gazette today, regarding the complaints portal for the temporary list of […]
The Maldives aims to welcome 500,000 tourists in 2020, the newly appointed Minister of Tourism Dr Abdulla Mausoom revealed. Speaking to a local media, Dr Mausoom said that the government is expecting an influx of around 120,000 tourists starting from September until the end of the year, making the total estimated figures to 500,000 tourist […]
Following the ratification of the second amendment to the Former Presidents Protection and Benefits Act in 2019 by President Ibrahim Mohamed Solih, more than MVR 580,000 will be paid to any former president who served one term in office. The news comes to highlights during a time the government struggles to meet expenditures. As per […]
The government of Maldives has provided operational permits to 95 safari boats which offer services to tourists visiting the Maldives. With the re-opening of the border in July 15, the Maldivian government has commenced issuing operational permits to Safaris. However, this is a special permit provided by the Ministry of Tourism. According to the Ministry, […]
Maldives Immigration has made certain guidelines to provide ease for expatriates struggling to depart from the Maldives. In July, Maldives immigration has announced that it will make guidelines to provide travelling convenience for expatriates with visa and employment approval, who wish to depart from the Maldives upon reopening of the border on July 15. According […]
Velana International Airport welcomed a total of 9 flights carrying 428 passengers on Friday (28th August), making it the occupying day since border reopening on 15th July. 4 private jets had landed at the Velana Airport on Friday. VIA’s General Manager of Terminal Operations, Ibrahim Hussein revealed that apart from the 9 flight landings, 1,127 people […]
Manta Season is in full swing in Baa Atoll – just in time for guests returning to Amilla Maldives Resort and Residences to enjoy the atoll’s renowned manta spectacles. Baa Atoll is one of the best places in the entire Maldives for spotting manta rays, with its warm clear waters and incredible visibility of up […]