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Maldives Times

CBM Introduces Visa Cards

CBM Introduces Visa Cards

1 min read

The Commercial Bank of Maldives (CBM) has introduced Visa Debit and Credit Cards, allowing customers to utilize cards in ATMs and POS machines in the Maldives and abroad. According to the bank, customers can either have a Maldivian Rufiyaa (MVR) or US dollar (USD) denominated Visa Cards. As a temporary measure, all MVR denominated Cards […]

Spokesperson Mabrook Meets Press, Addresses Range of Public Concerns

Spokesperson Mabrook Meets Press, Addresses Range of Public Concerns

2 min read

Mohamed Mabrook Azeez, the Spokesperson at the President’s Office, has on Wednesday held a virtual press conference, where he addressed significant concerns from the public and delineated the administration’s ongoing efforts in key developmental sectors. Mabrook vowed to provide accurate and timely information to the public regarding the administration’s ongoing efforts to serve its people. […]

With the Vaccination Drive, Maldives Increases 2021 Tourist Arrival Targets to 1.5 Million

With the Vaccination Drive, Maldives Increases 2021 Tourist Arrival Targets to 1.5 Million

2 min read

With the administration of the COVID-19 vaccination drive for tourism sector employees, Maldives now expects to welcome 1.5 million tourist arrivals in 2021, said Tourism Minister, Abdulla Mausoom. While speaking at the parliament during a ministerial questioning session today, Minister revealed that the government was initially expecting to welcome 1 million tourists in the year. […]

Black Market Dollar Rate Drops to MVR 17 for the First Time Since Pandemic

Black Market Dollar Rate Drops to MVR 17 for the First Time Since Pandemic

1 min read

The price of dollars on the foreign exchange black market has dropped to MVR 17, the lowest it has been since the peak of the COVID-19 pandemic. While the dollar rate was previously around MVR 19.25, it unexpectedly dropped to around MVR 18.50 in early January. Earlier this month, the rate fell again, to between […]

Valentine’s Day Special at Furaveri Maldives

Valentine’s Day Special at Furaveri Maldives

2 min read

As Valentine’s Day approaches, not only is love in the air but special deals too at Furaveri Maldives. Heart Full Of Love This Valentine’s Day, take your heart full of love to a private beach dinner under the stars. For USD 390 (per couple), the package includes: Includes: Bottle of Sparkling Wine / Bottle of […]

Maldives Formally Establishes Diplomatic Relations with Eritrea

Maldives Formally Establishes Diplomatic Relations with Eritrea

1 min read

The Republic of Maldives and the State of Eritrea have formally established diplomatic relations today. The Joint Communiqué formalising diplomatic relations between the two countries was signed on behalf of the Government of Maldives by Her Excellency Thilmeeza Hussain, Permanent Representative of the Republic of Maldives to the United Nations and on behalf of the […]

BML Advises Against Using Third Party Websites for Payment Confirmation

BML Advises Against Using Third Party Websites for Payment Confirmation

2 min read

It has come to light that some customers of Bank of Maldives (BML) are using third party websites to confirm transactions, according to an announcement released by the bank today. These websites including www.kashavaru.com attempt to use the bank’s Internet Banking platform to receive third-party transfer confirmations. Customers are initially asked to provide their personal […]

Libresse, Distributed by ADK General Trading, Wins Women’s Empowerment Award

Libresse, Distributed by ADK General Trading, Wins Women’s Empowerment Award

2 min read

Libresse, a leading sanitary napkin brand distributed in the Maldives by ADK General Trading, has won an award at the first edition of the Asia-Pacific Women’s Empowerment Principles (WEPs) Awards. Celebrated on Tuesday in Bangkok, the awards were presented by UN Women through the “WeEmpowerAsia” project, for which the European Union is a partner and […]

MTCC Signs Agreement to Develop Port for MIFCO at M. Mulah

MTCC Signs Agreement to Develop Port for MIFCO at M. Mulah

1 min read

Maldives Transport and Contracting Company (MTCC) has signed with the Ministry of National Planning, Housing and Infrastructure (MNPHI) towards developing a port for Maldives Industrial Fisheries Company (MIFCO) at M. Mulah. COO Shahid Hussain Moosa signed on behalf of MTCC and Director-General Ms Fathimath Shaana Farooq signed on behalf of the MNPHI. Project works involve, […]