A digest of news and opinion from the Maldives.
Maldives Inland Revenue Authority (MIRA) stated that the authority has obtained MVR 2 million by freezing numerous bank accounts. This act was part was the efforts, executed to recover government assets. The quarterly report for the first quarter of 2020 published by MIRA states that the authority has acquired MVR 169.3 million from payments that […]
Maldives Inland Revenue Authority (MIRA) stated that the government revenue for the first quarter (Q1) of 2020 has decreased by 11.5%. Statistics of government revenue published by MIRA for the months of January-March record an income of MVR4.35 Billion. This is an 11.5% decrease compared to the amount generated in the first quarter of 2019. […]
According to Olialia World, The Maldives Government shortlisted Olialia to build, operate and transfer Olialia International Airport Maldives for 50 years. However, the Deputy Minister at Maldives Tourism Ministry has declared that no such agreement has been done by the Ministry. Olialia announced on their website (www.olialia.com) that the International Airport shall be developed on […]
Photo credits: Avas Super United Sports (SUS) has opened its Coffee Club especially for the football fans in the Maldives. The café was opened on 30th July by the Managing Director of MTCC, Mr Adam Azim. The Grand Opening was also attended by the former Captain of National Team Maldives, Ali Ashfaq and runner Hassan […]
Employees of Housing Development Corporation (HDC) distributed Eid gifts for children at Fiyavathi on Al’ha Eid, (31st July 2020). After a fundraising event organized by the employees of HDC, they had presented the children at Fivayavathi with special Eid gifts. These gifts were distributed to the children on the evening of 31st July 2020. While […]
ICM Maldives, a pharmaceutical company opened a new pharmacy in Hulhumale’ with renowned and branded cosmetic products. This pharmacy which is located in Hulhumale’, Nirolhu Magu, Lot 11117 is the 4th pharmacy introduced to the Maldives by the ICM. However, ICM pharmacy 4 is the companies first pharmaceutical branch in Hulhumale’. The opening of this […]
State Trading Organization (STO) stated the organization has sent 28,124 sacks of staple food to islands across the country, last month. STO functions efficiently in providing staple food to the islands, without them having to experience difficulties in obtaining day to day foods. According to the organization, they have been putting efforts in supplying staple […]
At the Annual General Meeting, the new Elected Executive Committee of Maldives Athletics was revealed. Mohamed Tholal was elected as the president of Athletics Association Maldives for a 3rd term. He had won the election against former runner Yaznee Nasheeda. Tholal, who has been serving the role of President in the committee since 2014, has […]
Maldives Transport and Contracting Company (MTCC) has recorded MVR 248 million as revenue in the second quarter of 2020. This is a drop of 30% compared to the revenue recorded the previous year during the second quarter. The financial report of the second quarter publicised by MTCC states that the revenue generated in the second […]