A digest of news and opinion from the Maldives.
Maldives Monetary Authority (MMA) statistics reveal that Maldives’ gross international reserve increased by 56 per cent between November 2020 and December 2020. The Maldives had accumulated USD 629.9 million in gross international reserves by the end of November 2020. The latest economic update publicized by MMA shows that by the end of December 2020, the […]
Villa College has commenced a new semester for the academic year. The orientation for the new semester was held from 23rd to 30th January 2021 via Microsoft Teams. Classes started on the 31st of January. According to Villa College, most of the classes will be held online for the time being due to the current […]
Bank of Maldives has announced plans to expand its deposit and payment services with Cash Agents in 100 islands within the year. Cash Agents were introduced in 2014 as part of the Bank’s Financial Inclusion strategy to provide banking services in islands without a branch or ATM. The service was launched with just cash withdrawal […]
The Tourism Ministry has announced that tourism workers are to register for COVID-19 vaccinations. A circular issued by the Ministry today requested workers of the tourism industry to register for inoculations through the my.health portal. Registration is open for all workers including those working in resorts, safaris, guesthouses, and hotels. Information required is also available on the […]
Telecom operator Dhiraagu has recorded a profit after tax of MVR 188 million during the fourth quarter of 2020. Financial records released by Dhiraagu show the company generated MVR 621 million as revenue in the fourth quarter. This includes MVR 366 million from mobile services, MVR 241 million from fixed broadband service, and MVR 13,865 […]
The Corruption Perceptions Index (CPI) 2020 released last week by Transparency International reveals that the Maldives climbed 14 points since last year. The CPI annually scores and ranks countries and territories by their perceived level of public sector corruption, drawing on surveys and expert assessments. The index uses a scale of 0 to 100, where […]
Maldives’ first-ever VR tournament, Ultimate VR Cup 2021 has come to a close. Powered by Ooredoo 5G, it was carried out by telecom giant Ooredoo Maldives in partnership with E2S Gaming and VR Cafe’. Taking place at VR Cafe’, the tournament was held from 17th to 31st January 2021. While it was open to participants […]
SJ Construction, a well-experienced and leading contractor in the Maldives, will be celebrating 25 years of service this year. SJ Construction started as a general works contractor in 1996. Over the years, the company has widened the scope by undertaking numerous challenging projects and accumulated skills and experiences in building solutions and related engineering works. […]
President Ibrahim Mohamed Solih has announced new preventative measures in government offices and agencies to curb the recent rise in Covid-19 cases across the country. The President’s Office disclosed the decision in a directive issued yesterday. As per the directive, government offices and agencies—on islands which the Health Protection Agency (HPA) has declared to have […]