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A digest of news and opinion from the Maldives.

2020

Guesthouses to Pay Bill Payments in Instalment

Guesthouses to Pay Bill Payments in Instalment

1 min read

Guesthouses have been informed by a circular sent by the Guesthouse Association that water and electricity bills can now be divided into 6 months and paid in instalment. This has been commenced due to the suspension of guest houses for a long period amid COVID-19 pandemic causing financial downturns. The issue was brought into a […]

Bar Council Clarifies Ongoing Fake News about Licensing of Graduates

Bar Council Clarifies Ongoing Fake News about Licensing of Graduates

3 min read

Bar Council on 22nd of July, clarified the ongoing fake news regarding its stance on expeditiously licensing graduates. Maldives Bar Council has stated that it was not in favor of conducting two examinations for the same purpose and was in favor of the initial amendment to the Legal Profession Act (LPA). President of Bar Council, […]

Government Declares Farekede as a Protected Area

Government Declares Farekede as a Protected Area

2 min read

The Environment Ministry has declared the South Eastern Farekede region of Fuvamulah City as a protected area. The decision to protect the Farekede area was announced in February of 2020, by the President Ibrahim Mohamed Solih. Farekede is an area where sharks come together to breed and a variety of other marine organisms such as […]

Declaration of Interim Dividend for Financial Year 2020 – Dhiraagu

Declaration of Interim Dividend for Financial Year 2020 – Dhiraagu

2 min read

COVID-19, which was declared a pandemic by the World Health Organization (WHO) on 11 March 2020, has had a significant impact on the Company’s results during Q2 2020. Dhiraagu reported a 25% decrease in revenue vs the previous quarter, primarily due to the economic impact Of the pandemic. The reduction in revenue came from all […]

Development & Sale of Mixed Residential Buildings in Hulhumale’

Development & Sale of Mixed Residential Buildings in Hulhumale’

2 min read

Housing Development Corporation Ltd. (HDC) has announced that the Corporation is seeking parties for the “Development and Sale of Mixed Residential Buildings in Hulhumalé” Development S1-1 consists of a plot area of 24,098.22 square feet with 14 floors (47 meters). S1-1 is of 142,179.49 square feet Gross Floor Area (GFA). Development S1-3 consists of a […]

Moolee Celebrates Eid al-Adha with a Digital Carnival with Eid Gifts, Special Offers & Lots of Exciting Giveaways!

Moolee Celebrates Eid al-Adha with a Digital Carnival with Eid Gifts, Special Offers & Lots of Exciting Giveaways!

2 min read

The rapidly growing E-commerce platform Moolee announced a special digital carnival for the Independence Day & Eid al Adha holidays from today, 24th July 2020 till 3rd August 2020. The carnival includes Eid gifts, special offers, and a large number of exciting giveaways for customers! Moolee Carnival will feature a special section on the platform […]

ARC Signs a Memorandum of Understanding with Raajie TV

ARC Signs a Memorandum of Understanding with Raajie TV

1 min read

Advocating the Rights of Children (ARC) signed a Memorandum of Understanding (MoU) with Raajje TV today, to work collaboratively in promoting and protecting the rights of children. The agreement was signed by ARC’s Executive Committee Member Muruthala Moosa and Raajje TV ‘s Deputy CEO Naazmee Saeed. Speaking at the special event held at Raajje TV […]

Decreases in Tourism Land Rent; Does this Ensure a Boost in Tourism?

Decreases in Tourism Land Rent; Does this Ensure a Boost in Tourism?

5 min read

The Maldives government has recently announced, they had decided to decrease the land rent charged on islands leased for tourism purposes in the Maldives. Economic Minister Fayyaz Ismail, who is currently leading and administrating the Tourism Ministry, had tweeted revealing the government’s decision to reduce land rent in a bid to progress tourism in the […]