A digest of news and opinion from the Maldives.
Villa Air, Flyme has operated its first commercial international flight yesterday out of Velana International Airport to Bandaranaike International Airport. Flyme flight VP8910 lifted off from Velana International Airport on 4th September at 1317 hours Maldives time, launching the airline into the international aviation platform. The flight operated today was a charter consisting of a 100% […]
Real Gross Domestic Product (GDP) of the Maldives has declined to -17.7% compared to 5.9% in 2019. According to the statistics of Maldives Monetary Authority (MMA), with the dislocation of demand and supply, global trade further declined in Q2 2020 with a downturn of -3.5 in Q1 2020. The economic activities in the Maldives had […]
Recently, there has been news stating that Housing Development Finance Corporation (HDFC) will not be extending the deferral period for loans obtained by customers after introducing an initial six-month deferral period. However, it has been revealed that no confirmed decisions have been made on this. The initial loan deferral period was until the end of […]
Craving something refreshing? There’s no better way to quench your thirst after a hot busy day than with a Bundaberg drink offered by Seagull Foods. Bundaberg Brewed Drinks is a passionate, family-owned, Australian business, creating craft-brewed premium soft drinks since the 1960s. A lot goes into making their delicious range of Bundaberg Brewed Drinks. The […]
Economic Ministry has stated that home-based businesses run by individuals for income are not required by law to be registered. This statement follows the public outrage that was resulted due to HPA’s statement regarding business registration of online food businesses based at home. Recently, the Health Protection Agency (HPA) released an announcement, stating that complaints […]
MTCC announces that L. Isdhoo Harbour Upgrade project has commenced on 27th August 2020. Dredging and excavation operations are currently ongoing. The project which received EIA approval on 27th May 2020 is valued at MVR 34.7 million and was awarded on 18th December 2019. Work on R. Rasmaadhoo Harbour Upgrade project commenced on 31st August. […]
Patina Maldives, Fari Islands, welcomes Ahmed Shifau as their Security Manager and Ahmed Zimah as the Assistant Chief Engineer. Shifau will be in charge of creating and maintaining a safe environment for our colleagues and visitors. Shifau started his career with Maldives Police Service as a Police Investigation Officer from 2005 till 2014. During his time […]
During the month of August, the Maldives has welcomed a total 7628 tourist arrivals, according to latest statistics by Maldives Immigration. This makes the total number of arrivals since border reopening on 15th July to over 9000 arrivals. The top 5 markets during the month of August are UAE with over 1500 arrivals in a […]
Abbott, a brand authorized and distributed by Medtech Maldives, has won U.S. marketing authorization for a COVID-19 portable antigen test that can deliver results within 15 minutes. Medtech Maldives reports that they will supply it to the Maldives soon. The portable test is about the size of a credit card, requires no additional equipment to […]