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A digest of news and opinion from the Maldives.

2020

‘eSTOre’ Starts Selling Goods in Wholesale to Retailers

‘eSTOre’ Starts Selling Goods in Wholesale to Retailers

2 min read

State Trading Organisation (STO) has announced that they have begun to wholesale goods to retailers via its online store ‘eSTOre’. STO has stated that as one of the employees of its e-store has been tested positive for the virus due to which many of its employees are in quarantine. Hence, they have temporarily stopped operating […]

Demand for Maldivian Fish Exports Rise in European Market

Demand for Maldivian Fish Exports Rise in European Market

1 min read

Maldives Seafood Processors and Exporters Association (MSPEA) has revealed that as the European market re-opens the demand for frozen fish from the Maldives has risen. In a press statement released by MSPEA has stated that previously frozen yellowfin tuna was sold for MVR 25, however, now European companies are willing to pay MVR 60 for […]

CMDA Extends the Deadline for Publishing Assessment Report in Relation to Covid-19

CMDA Extends the Deadline for Publishing Assessment Report in Relation to Covid-19

1 min read

Capital Market Development Authority (CMDA) has extended the deadline to publish the first-quarter report and the second quarter report including a COVID-19 assessment report to 31st July. These reports are published under the law number 2019/R-1050. CMDA has stated that if any transaction that brings changes to the value of shares has taken place or […]

Italy Likely be one of the First Markets to Travel to Maldives Post COVID-19

Italy Likely be one of the First Markets to Travel to Maldives Post COVID-19

2 min read

Italian travel agents expressed interest from the Italian market to travel to the Maldives as soon as travel restrictions are lifted. These sentiments were passed during the interactive session of “Webinar Revolution_ MALDIVE”, a webinar conducted by Easy Market Travel Solutions for their agents today. Easy Market Travel Solutions is one of the biggest online […]

Managing Director of MITDC participates in the international webinar orginised by Island Innovation, USA

Managing Director of MITDC participates in the international webinar orginised by Island Innovation, USA

3 min read

Managing Director of Maldives Integrated Tourism Development Corporation (MITDC), Mohamed Raaidh has participated, as a speaker, in the international webinar organized by Island Innovation, under the theme “Islands Responses to COVID-19”, In addition to Mohamed Raaidh, Honourable Vittus Qujaukitsoq, Minister of Finance and Mineral Resources of Government of Greenland, Co-Director Dr Francesco Sindico, University of […]

COVID-19 Updates For 8th May

COVID-19 Updates For 8th May

2 min read

The total number of confirmed cases in the Maldives has reached 734, with 711 active cases, 20 recoveries, and 3 fatalities. Here are the latest updates of COVID-19 Announcements by HPA 86 new cases and 1 death related to COVID-19 confirmed in the Maldives. The man who died was an 80-year-old Maldivian being treated at […]

Maldives Projects Over 77,000 COVID-19 Cases

Maldives Projects Over 77,000 COVID-19 Cases

1 min read

Authorities have revealed that with the current trajectory, Maldives may witness over 77,305 cases of COVID-19. Speaking at a press conference, National Emergency Operations Center (NEOC)’s consultant Dr Sheena Moosa said that 1562 people will be infected on the much-dreaded peak day, but actual figures will show about 390 cases due to limitations in a […]