A digest of news and opinion from the Maldives.
The estimated expenditure by the government for 2020 is MVR 37.9 billion and the estimated budget balance for this year is a deficit of MVR 6.0 billion. Millions are allocated for ministries, such as the Ministry of Gender and National Drug Agency, but is it truly worth it? Do the results of the work done […]
The Government of Maldives has acquired loans which amount to USD 208 million in 2020. According to the statistics published by the Finance Ministry, Government has acquired USD 209 million as loans from the 1st of January till the 3rd of August 2020. These loans have been obtained from banks and other finance-related authorities. Finance […]
With 500 pre-programmed tide locations in graph or detailed display, the Rifles men’s tide watch is the perfect combination of function and value. The alarm, stopwatch, countdown timer and light on this digital surf watch put all the data you need right at your fingertips. The lightweight polyurethane construction is durable and waterproof tested to […]
Economic Ministry reveals that the services offered by the Ministry can be claimed online from the 4th to 6th of August 2020. The Ministry states that as the government offices are closed during this time, its customers can make use of Expat Online System to submit applications from 1000hrs to 1400hrs. The business-related services offered […]
The Maldives has imposed stricter regulations on foreign employment and has commenced sending back undocumented workers in the country. According to the Ministry of Foreign Affairs, more than 4,582 undocumented Bangladeshi nationals have been repatriated from the Maldives so far. Will this create a shortage in the labour market? “I believe a shortage will come, […]
The world’s largest competition for the most innovative entrepreneurs in emerging markets. Dhiraagu and Sparkhub are digitally bringing the Online Seedstars World (SSW) Competition to the Maldives for the first time and will be held exclusively online. Seedstars, the Swiss-based private company with a mission to impact people’s lives in emerging markets and the Online […]
A research study conducted by the Higher Education Ministry reveals that the majority of secondary graduates show interest and wish to opt for a career in the tourism sector. This study shows that 21% of students are interested to build a career in the Tourism Industry. Tourism is the largest economic industry in the Maldives […]
It has been exactly 4 months since the first vessel of Maldives State Shipping Company (MSS) arrived in the Maldives on 5th April. Within a short span of time, the Maldives’ national shipping company has achieved a huge accomplishment by collaborating with the world’s biggest shipping company, Maersk. As the world’s largest container shipping company, […]
For decades we have been talking about the importance of agriculture, yet it still remains as one of the most underdeveloped sectors in the country. Agriculture now contributes to less than 5% to national GDP. In reality, it is a diverse field yet for a long period in Maldives’s history, we were able to sustain […]