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A digest of news and opinion from the Maldives.

2020

COVID-19’s Impact on Maldivian Retail Industry

COVID-19’s Impact on Maldivian Retail Industry

3 min read

Supermarkets and stores have been responding to an unprecedented demand triggered by the global COVID-19 crisis. Maldives supermarkets and stores, previously dependant on in-store customers for the majority of their sales, are scrambling to get their stores online and put together an effective delivery team from scratch as authorities warn that the ‘new normal’ could […]

COVID-19 Updates for 18th May

COVID-19 Updates for 18th May

3 min read

The total number of confirmed cases in the Maldives has reached 1,094, with 1,031 active cases, 59 recoveries, and 4 fatalities. Here are the latest updates on COVID-19 Announcements by HPA With the confirmation of 16 new cases of COVID-19 in Maldives, the total number of positive cases has reached 1094. 80 expats were screened […]

Daily Highlights – 18th May

Daily Highlights – 18th May

3 min read

Here are the latest news updates for 18th May MET Office Issues Yellow Alert for Southern Maldives A Yellow alert has been issued for islands from Ga atoll to Addu City by Maldives Meteorological Service (MET). Average to strong winds of 25-30 miles per hour with gusts of up to 50 miles per hour over […]

Male’ City Prepares to Embrace “New Normal”

Male’ City Prepares to Embrace “New Normal”

1 min read

Male’ City Council has begun preparations to get the city ready to embrace the ‘new normal’ after WHO warned that the COVID-19 virus might never go away completely. Male’ City Council stated that social distancing is the primary strategy used to prevent the spread of COVID-19. To facilitate and guide citizens to commit to social […]

Ooredoo Group & Ooredoo Maldives Donates MVR 2.5 Million to the Government of Maldives for Covid-19 Relief Aid

Ooredoo Group & Ooredoo Maldives Donates MVR 2.5 Million to the Government of Maldives for Covid-19 Relief Aid

1 min read

Ooredoo Group and Ooredoo Maldives have contributed MVR 2,500,000.00 to the Government of Maldives to acquire ventilators, personal protective equipment, and testing supplies to combat the spread of coronavirus across the nation. Managing Director and Chief Executive Officer of Ooredoo Maldives, Mr Najib Khan, announced the donation made to the government via audio with President […]

Finance Ministry Extends SME’s Relief Loan Limit to MVR 30,000

Finance Ministry Extends SME’s Relief Loan Limit to MVR 30,000

1 min read

The loan is given to small and medium enterprises (SME) to financially assist them amidst the COVID-19 pandemic has been extended from MVR 18,000 to MVR 30,000, according to Finance Minister Ibrahim Ameer. In a press conference, Minister Ameer stated that even though the government initially allocated MVR 18,000 for SME’s loan in the relief […]

STO Earns MVR 2.4 Billion as Revenue in the 1st quarter of 2020

STO Earns MVR 2.4 Billion as Revenue in the 1st quarter of 2020

1 min read

In the first quarter of 2020, State Trading Organisation (STO) earned MVR 2.4 billion as revenue, according to the 1st quarter reports of state-owned company STO. In the 1st quarter of 2020, STO has earned MVR 2.4 billion as revenue and MVR 160 as operating profit. STO has made a net profit of MVR 114 […]

COVID-19 Updates For 17th May

COVID-19 Updates For 17th May

3 min read

The total number of confirmed cases in the Maldives has reached 1,078, with 1,015 active cases, 59 recoveries, and 4 fatalities. Here are the latest updates on COVID-19 Announcements by HPA 47 new cases of COVID-19 confirmed in the Maldives, and it includes a 1-month old boy. Almost 200 frontline workers have been tested for […]

Employee Recall Heavily Depend On Occupancy Rates

Employee Recall Heavily Depend On Occupancy Rates

5 min read

Government of Maldives has closed its borders and declared lockdowns under its efforts to curb the spread of COVID-19. As a result, several companies have opted for lay-offs, redundancy, and salary cuts to cover expenditures. As the lockdown prolongs the unemployment rate is expected to swell while employees debate whether their unemployment is temporary or […]