A digest of news and opinion from the Maldives.
Minister of Economic Affairs Fayyaz Ismail insisted on Wednesday that none of his actions since his appointment for the incumbent administration’s cabinet warrants a no-confidence vote. Fayyaz made this statement in the wake of ruling Maldivian Democratic Party (MDP)’s efforts to push a censure motion against him through the parliament. Speaking to local media Mihaaru, […]
MTCC has completed the design and build of GDh. Thinadhoo Ice Plant area quay wall on 4th August 2020. Project works involve dredging operations of 9245cbm, harbour basin dredging operations of 1859.01cbm, construction of a 161m quay wall, and a 10m revetment. Hulhudhoo On 10th August, MTCC announced that dredging works for S. Hulhudhoo Harbour […]
Samsung in partnership with Ooredoo Maldives, today launched the Samsung Galaxy Z flip in the Maldives with an exciting offer for Ooredoo customers to easily grab onto this highly innovative foldable handset. This foldable full-screen phone that is incredibly compact features a camera made to stand on its own, and a dual battery that lasts […]
Bank of Maldives (BML) has issued MVR 486 Million for large businesses operating in the Maldives, which has been affected by COVID-19, under the Economic Recovery Scheme. Eligible parties for the Economic recovery Scheme include resorts and businesses which generate a yearly turnover of 10 million. According to the information published on the finance ministry’s […]
Medtech Maldives has reportedly imported 20 more Unit ICU ventilators to the Maldives. With the import of this batch of 20 ventilators, Medtech will now have brought a total of 50 ventilators to the Maldives. These are the 20 more ventilators that had been imported after the company was awarded a contract to import 50 […]
Imagine coming up close and personal with a majestic manta ray, performing graceful underwater ballets. Watching sea turtles graze on seagrass in the lagoon, unbothered by your presence. Even better, a whale shark gliding peacefully through the crystal water, meters away from you. At Lily Beach Resort & Spa, anything is possible. The amazing underwater […]
2008 became the first year the Maldives was administrated by an MDP (Maldives Democratic Party) government, with the presidency of Mohamed Nasheed. This was during a time the global economic crisis was having a significant impact on the Maldivian economy through reduced tourist arrivals and a decline in capital inflows. Since then, the MDP Government […]
Maldives Monetary Authority (MMA) reveals on its report, that the total reserve of Maldives holds USD 702 million, while its usable reserve is at USD 152 million. According to the statistics published by MMA, the usable reserve of Maldives now holds USD 152.6 million. This amount was at USD 200 million during the month of […]
Photo of a ventilator imported by Medtech Medtech Maldives has reportedly imported 20 more Unit ICU ventilators to the Maldives. With the import of this batch of 20 ventilators, Medtech will now have brought a total of 40 ventilators to the Maldives. These are the 20 more ventilators that had been imported after the company […]