A digest of news and opinion from the Maldives.
There have been so far 491 confirmed cases of COVID-19 with 17 recoveries and one fatality. More than 1,000 people are in quarantine facilities and around 400 are in isolation. Here are the latest updates of COVID-19. Announcements by HPA Additional 23 cases have been confirmed, which includes 12 Maldivians, 9 Bangladeshis, and 2 Indians. […]
Bank of Maldives will be providing the following essential services on 4th and 6th May, from 9.30 am to 12.00 pm: If requests are received after the cut-off times, these will be processed on the next working day. BML informs that cash services will not be available at their branches, and customers (who have permission […]
Economic Minister Ismail Fayyaz has stated that the state does not have sufficient budget to provide financial assistance to all freelancers in the country. Economic Minister has noted that the state budget is limited hence the state is facing difficulties in paying freelancers. He further added that there are problems in categorizing in freelancers and […]
Adam Azim, Managing Director of MTCC, discusses how leaders can adapt to managing in light of unprecedented COVID-19 pandemic. He suggested John A Quelch’s 7Cs for the pandemic survival if you’re a manager or a leader. 1.Calm. Your folks, your employees, your customers, your suppliers, are going to be looking to you as a leader to […]
Tourism Minister Ali Waheed has revealed that the government has been incurring the expenses of the stranded tourists in the Maldives due to the COVID-19 pandemic. Speaking at the interview to CNN’s Quest Meets Business show, the Minister talked about how the government takes importance in taking care of those travellers. He said there are […]
The challenges posed by COVID-19 for accountants, auditors, the business community, individuals and families call for increased collaboration, knowledge-sharing and constant discussion among stakeholders. With this regard, the Institute of Audit and Assurance (IAA) of the Auditor General’s Office is hosting a series of interactive webinars on issues of mutual concerns, with the business community […]
President Ibrahim Mohamed Solih has decided to extend the closure of all government offices until 14th May, following the announcement extending of the full lockdown of Male’, Hulhumale’ and Villimale’ for an additional 14 days as a safety measure to contain the spread of COVID-19. The announcement from the Health Protection Agency (HPA) orders complete […]
The government has announced that they have decided to extend the state of public health emergency till 30th May. The state of public health was first declared on 12th March by the Director-General of Public Health. This is the second time the state of health emergency has been extended in the country. A travel ban […]
Ministry of Finance has instructed the state-owned companies to submit restructured salary policies with pay cuts. In a circular by the Ministry, the companies are advised to focus on 3 factors while developing new policies. Salary cuts are only applicable for monthly salaries above MVR 15,000, while employees earning less than the amount will not […]