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A digest of news and opinion from the Maldives.

2020

Maldives Works to Strengthen Safety Measures Against New Strain of Covid-19

Maldives Works to Strengthen Safety Measures Against New Strain of Covid-19

1 min read

Health Emergency Operations Center (HEOC) has announced that it is working on strengthening health protection measures in the Maldives, after the discovery of a new strain of Covid-19 in the UK. Scientists recently confirmed that a new, potentially more infectious strain of Covid-19 in the south of the UK. According to the US Center for […]

ADK Opens New COVID-19 PCR Test Lab at VIA

ADK Opens New COVID-19 PCR Test Lab at VIA

1 min read

ADK Hospital in partnership with LUX* Resorts & Hotels has opened a laboratory in Velana International Airport (VIA). The laboratory was officially opened in a virtual ceremony held on Wednesday with the Minister of Tourism, Dr. Abdulla Mausoom in attendance. Located at the Trans Maldivian Airways (TMA) terminal, the laboratory intends to allow passengers more […]

MVR 905 Million Received as Free Aid This Year

MVR 905 Million Received as Free Aid This Year

1 min read

Ministry of Finance has revealed that Maldives received MVR 905 million as free aid this year. Publicized on the weekly fiscal development report, as of 17th November, MVR 905.2 was received as free aid. In comparison, MVR 1.1 billion was received as free aid in the same period of last year. The annual state budget […]

President Ratifies 9th Amendment to Decentralization Act

President Ratifies 9th Amendment to Decentralization Act

1 min read

President Ibrahim Mohamed Solih has ratified the 9th Amendment to the Decentralization Act (Act no: 07/2010). Parliament passed the bill at the 27th sitting of its third session held on Sunday, December 6, 2020. The amendment stipulates the statutes under which Councils may create and implement policies and regulations while administering constituents. It also outlines […]

Securities Law Amended to Broaden Maldives’ Capital Market

Securities Law Amended to Broaden Maldives’ Capital Market

1 min read

The Maldives Securities Act has now been amended to broaden the country’s capital market. President Ibrahim Mohamed Solih ratified the Second Amendment Bill to the Maldives Securities Act (Act No. 2/2006) yesterday. The amendment was passed by the Parliament on 6th December 2020, at the 27th sitting of the third session of the People’s Majlis. […]

Introducing the Melody Sub from Symphony Maldives!

Introducing the Melody Sub from Symphony Maldives!

1 min read

Symphony Maldives’ latest food item to grace the menu—Melody Sub offers the perfect meal to its customers. Whether as a snack or a full out meal, Melody Sub offers a melodious blend of marinate sauce smothered chicken or beef and cheese sub sandwich with fries. Customers can either opt to get the original sub or […]

Ready to Fulfil Your Higher Education Goals? BML Islamic Introduces Education Financing

Ready to Fulfil Your Higher Education Goals? BML Islamic Introduces Education Financing

1 min read

BML Islamic has today announced its new Education Financing product, an Ijarah based Shari’ah-compliant facility for Maldivians seeking financial assistance to pursue higher education opportunities from certificate level courses to doctorates around the world. With Education Financing, customers can obtain up to 75% of the cost of education which includes tuition fees, living and other […]