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A digest of news and opinion from the Maldives.

2020

Minister Aslam Assures Hiyaa Flat Rent Below MVR 7000

Minister Aslam Assures Hiyaa Flat Rent Below MVR 7000

2 min read

Mohamed Aslam, Minister of National Planning, Housing, and Infrastructure, assured the monthly rent of the flats developed under the ‘Hiyaa Project’ would not be higher than MVR 7,000, on Monday. The statement was made by the in the middle of the conflict between the present and former governments over the ‘Hiyaa Project’, regarding the flats’ […]

COVID-19 Expenditure by Maldives passes MVR 1 Billion

COVID-19 Expenditure by Maldives passes MVR 1 Billion

2 min read

COVID-19 expenditure by the Maldives has reportedly passed 1 billion MVR with the major parts of the funds going to the National Disaster Management Authority (NDMA) and the Health Ministry. Finance Ministry revealed in a report, that MVR 13.2 Million was spent respectively for the equipment which was sent to various islands in the Maldives. […]

MIFCO Resumes Home Delivery Services

MIFCO Resumes Home Delivery Services

1 min read

Maldives Industrial Fisheries Company Ltd (MIFCO) announced that it has resumed home delivery services on the 6th of July 2020. According to MIFCO, ordering and delivery services are commencing again with regards to new rules and administrative procedures. Orders can be placed between 9 am to 3 pm on working days. To place order customers […]

The Hawks To Offer Fuel At Same Rate Across All Stations In Maldives

The Hawks To Offer Fuel At Same Rate Across All Stations In Maldives

1 min read

The Hawks Pvt Ltd, one of the leading supplier and distributor of fuel services announced that effective from today, all the retail customers can get fuel for the same rate from all their fuel stations in the Maldives. According to the company, the New price for diesel and petrol are ; Diesel: MVR 7.60 Petrol: […]

JCC Launches Special Clearance Sale

JCC Launches Special Clearance Sale

1 min read

JAAH City Centre has launched a special clearance sale, where customers can enjoy up-to 80% discounts on selected items from their outlet. The promotion will be from 24th June till 24th August. According to JCC, discounted items include; Tiles (Different sizes, wall & floor), Laminated flooring, Wallpapers, Lights & Lamps, Bulbs & Switches etc… JCC […]

Price of Goods and Services Increases by 0.05% in May

Price of Goods and Services Increases by 0.05% in May

2 min read

National Bureau of Statistics (NBOS) revealed, in the consumer price index (CPI) that the price of goods and services for the month of May, increased by 0.05%.  According to NBOS, the inflation rate of May increased by 0.05% while the inflation rate of April decreased by 3.23%. The report reads that, excluding the price alteration […]

Enough is Enough!!

Enough is Enough!!

6 min read

Great-grandfather and Grandfathers raped 2 years old child from GA.Kandhuhulhudhoo Photo: Rajje.mv Social media is flooded with fuming statuses, comments and pictures regarding the current Rape case. Various groups are coming together in numerous platforms to voice out their anger, disappointments and rage due to perpetrators roaming freely among us without proper prosecution and penalties […]

With Dollar Rate Inflation and Depression of Economy,  What to Expect Next?

With Dollar Rate Inflation and Depression of Economy, What to Expect Next?

3 min read

Money of Maldives and America dollar bill on white background, rufiyaa bill and dollar bill. Dollar rate inflation generally stands for a sustained increase in the dollar rate. A depression, on the flip side, is a sustained long-term downturn in economic activity in one or more economies. The rise of dollar rate inflation and the […]