A digest of news and opinion from the Maldives.
Wondering about what to do this weekend? Voyages Maldives is offering a safari cruise trip aboard their safari boat, under the “Endless Blue” offer for locals and work permit holders. The “Endless Blue” special offer consists of an overtrip trip aboard the safari. It is priced at MVR 1500 per person, with a minimum of […]
Dharumavantha Hospital, Maldives’ tallest standing building, is set to be mortgaged for a bond of USD 300 million. In a now publicized letter to the President’s Office, Minister of Finance Ibrahim Ameer stated that efforts to mortgage a bond of USD 300 million are underway, with the Islamic Corporation for the Development of Private Sector […]
Ooredoo Maldives yesterday launched its new Prepaid plans, “Aachaa Prepaid”. The all-new Prepaid is also the first-ever commitment based Prepaid plans in the Maldives offering customers exciting monthly benefits for twelve months, six months and three months. The company says since the emergence of the global pandemic, use of internet has increased as it has […]
The world’s biggest online talent competition, Little Buddy Talentz has been inaugurated in the Maldives on Sunday. The virtual inauguration ceremony was held via Zoom on Sunday morning and was attended by chief guest Minister of Education Aishath Ali. Little Buddy Talentz is an online creative platform to give youngsters in the age group of […]
Minister of Finance, Ibrahim Ameer has stated that the only way the country can recover from the pandemic-induced recession was through increased government spending, for which funds need to be acquired as debt. In today’s Parliamentary sitting, Minister Ameer said that the main focus of the 2021 state budget was to overcome the economic disruptions […]
Test flights have been conducted earlier today to the newly developed airport by MTCC in H. A. Hoarafushi. The national flag carrier, Maldivian landed an aircraft at the airport today for the test flights. Hoarafushi airport is currently under final preparations for its scheduled grand opening tomorrow. Maldives Transport and Contracting Company (MTCC) was contracted […]
Travel Trade Maldives has relaunched “TTM Connect” as an online travel trade portal with over 500 industry partners which will help them to connect and network online. “TTM Connect” has been built on the latest technology with an online event lobby for attendees, exhibitor booths with profiles, pre-schedule and conduct B2B video meetings, streaming live […]
Ministry of Finance reveals that the Government has utilized MVR 829.7 million for loan repayments. Statistics of the Ministry show that the Government earned almost MVR 11.8 billion till mid-October. It further indicates MVR 21.9 of the earnings were utilized. In 2019, the Government resourced MVR 1 billion within the same period for loan repayments. […]
The latest monthly statistics released by Maldives Customs reveal that in October, imports decreased by a whopping 51% compared to the previous month. The most major importing category was food items (excluding tobacco, alcohol and pork) which accounted for 348 million. Machinery, mechanical and electrical equipment made up 398 million, while fuel accounted for 314 […]