A digest of news and opinion from the Maldives.
The activities by the construction industry have decreased to 61% in the second quarter (Q2) of 2020. The quarterly business survey of the Maldives Monetary Authority (MMA) reveals that this is a 76% decrease compared to the first quarter (Q1) of 2020. The global pandemic has affected almost all the industries of the economy. MMA […]
The Musicians Union of the Maldives, “the MU” will officially open for public registrations on August 1st, 2020. The MU received the Certificate of Registry from the Ministry of Sports, Youth and Community Empowerment on July 23rd, 2020(officially approved on July 20, 2020) and is now a recognized NGO in the Maldives. The founding members […]
In 1st August 2005, Ooredoo started its journey in the Maldives under the name Wataniya and revolutionized the telecommunication industry in the Maldives. Today, Ooredoo Maldives celebrates its remarkable success, growth and many milestones achieved in the past 15 years. Ooredoo has provided its customers with an improved network, affordable and competitive prices and continue […]
Dhiraagu has announced a major revamp on its Home Fibre Broadband packages allowing customers to enjoy more data and faster broadband speed for the same price. The changes to the packages are announced at a time where the digital world is reshaping the way we live drastically. We have observed that our customers’ usage behaviour […]
Lotus Bike Shop, the leading motorcycle and bicycle seller in the Maldives, has announced the reduction in the price of the New Aima Malan Electric Scooter. Now customers can get their Malan scooter for just MVR 12,900 from Lotus Bike Shop. Lotus states that it is the best price for the model in town. Available […]
In 1998, Mifco introduced the Fasmeeru brand to provide value-added fish products to the local market. The brand has already gained wide market acceptance locally and is marketed around the concept of offering healthy nutritional products packed and processed at the best available hygiene and safety standards and offered at affordable prices. Here are the […]
Recently, the Speaker of Parliament Mohamed Nasheed proposed a bill to grant residency visas to foreigners married to Maldivian nationals and any foreigner who has invested MVR 100,000 on a business with the approval of the relevant authorities. Further, the bill states that any foreigner who has rented a property in the Maldives for over […]
Health Protection Agency (HPA) has suspended 27 businesses for violating the safety guidelines that have been established for the prevention against the global virus. This was announced by the Health Minister Abdulla Ameen on 29th July 2020. The suspension was followed by an inspection carried out by HPA to check the status of businesses such […]
Moosa Nasih, former President of the Guesthouse Association of Maldives (GAM) has questioned the present government’s promise to develop the local island tourism in the Maldives. According to his statement, the bookings made in guesthouses for August is being cancelled and even the future bookings are being changed to other destinations. As per the Guidelines […]