A digest of news and opinion from the Maldives.
Bank of Maldives has announced Sana Mansoor, Ma. Manas, as Chairperson of its Board of Directors. This appointment was confirmed at the meeting of the Bank’s Board held yesterday after the 2019 Annual General Meeting. The directors nominated by the Government and appointed to the Board at its AGM are: Sana Mansoor, Ma. Manas Timothy […]
Kuredu Island Resort To encourage and allow tourists to experience more than one resort in the Maldives and to enable longer stays in the Maldives during their holidays, the Ministry of Tourism in consultation with Health Protection Agency (HPA) has introduced facilitation of ‘split stay’ between resorts. The decision was made at the Health Emergency […]
Adaaran Select Meedhupparu Minister of Tourism, Honorable Abdulla Mausoom stated that the regulations are to be amended to make it compulsory for tourists to have a confirmed negative COVID-19 test result in order to visit the Maldives. The new amendment to the regulation is aimed to ensure safety for tourists and staff as mentioned by […]
Maldivian, the national airline of Maldives has announced a special flight from Male` to Kuala Lumpur on 10th of September. The one-way ticket for the flight is priced at $385. Maldivian ensures passengers of health and safety measures while flying with the airline. This includes temperature screening and enhanced cleaning and disinfection of all aircraft […]
Bank of Maldives CEO and Managing Director Tim Sawyer highlighted 2019’s strong financial performance of the Bank and its swift response to the pandemic during his update to shareholders at today’s virtual Annual General Meeting. Speaking on the impact of COVID-19, Tim reassured shareholders that the Bank will remain alongside Maldivians through these extraordinary and […]
During the virtual Annual General Meeting (AGM) held on 29th August, State Trading Organisation announced their decision to distribute MVR 58 per share as dividend for 2019. The allocation was finalized by 99.99 per cent of participants at STO’s virtual Annual General Meeting (AGM). As per 2019 statistics, STO recorded MVR 303 million as revenue […]
Komandoo Island Resort, the leading adult’s only resort in the Maldives is ready to welcome guests back after some great upgrades and implementing safety standards to enhance your experience. Be ready for a luxurious escape as Komandoo reopens on 1st September! Situated in Lhaviyani Atoll, a scenic 40-minute seaplane experience from Velana International Airport, Komandoo […]
The MDV economy is highly dollarized. The Financial sector small and dominated by banks with an estimated total asset base of MVR 56 billion. Last three years our usable reserve averaged USD 235 Million. Along with huge current account deficits and subsequent budget deficits over the years, one has to recognize that there are limited […]
Ooredoo Maldives has opened up the much-awaited Samsung Galaxy Note20 & Note20 Ultra devices for pre-bookings, with exciting offers and nationwide delivery. The new Note device is a powerful phone set to put a whole new world, adapting to the new normal and changing the way you work and play. Ooredoo offers free 12 GB […]