A digest of news and opinion from the Maldives.
Maldives Transport and Contracting Company announces that 62% of road construction work in L. Fonadhoo had been completed. This was revealed in a tweet by MTCC on 19th August 2020. According to MTCC, the construction of major roads for L. Fonadhoo is ongoing with 62% project progress. The construction of major roads for L. Fonadhoo […]
With the change in technology, changes are also seen in the event industry. A virtual event is a significant event technology that’s becoming extremely popular throughout the world. Even now, internationally renowned brands are using virtual events to launch products, hold conferences and carry out seminars. The event industry of the Maldives always includes people […]
During the 29th Sitting of the parliament on 19th August, Abdullah Jabir, the parliamentary representative for Kaafu Atoll’s Kaashidhoo constituency, had called out to remove the Maldives Monetary Authority (MMA) Governor from his position. “People are trading dollars for MVR19. MMA Governor hasn’t done anything about it.” Is this ignorance or incapability? The alarming rise […]
Maldives’ main airport, Velana International Airport has welcomed 399 international flights within a month of border reopening, Maldives Airports Company Limited (MACL) confirmed. As per the statistics by MACL, 7,607 passengers arrived at Velana International Airport while 9,269 left the country between 15th July 2020 to 15th August 2020. Looking into domestic air traffic movements, Velana […]
Air India, the flag carrier airline of India will resume scheduled flights to the Maldives from 25th of August. The airline will be operating a flight once a week on every Tuesday, according to Villa Travels. Recently, Maldives and India have agreed to establish an Air Bubble between the 2 countries. This is the first Air […]
Bank of Maldives’ Aharenge Bank Community Fund is inviting proposals for phase two of this year. The Bank will be selecting five projects to receive MVR 50,000 each to support in the areas of education, environment, sports and community development. Recently, BML’s Aharenge Bank Community Fund had supported Th. Vilufushi based NGO, Vasana Jamiyya’s vision […]
JAUSA Constructions is one of the most renowned construction companies in the Maldives. The successful construction company has been in the industry for more than 2 decades and their expertise and workmanship can be seen behind some great innovations in the country. Constructing since 1992 Jausa Construction was established in 1992 established with the main […]
The importation percentage of Maldives for the month of July has decreased by 49 according to the statistics published by the Maldives Customs. In the statistics published by Customs, the total price of goods imported in July this year shows a 49% decrease when compared to the price of goods imported in July 2019. The […]
It is often said that government policy initiatives can have serious implications for businesses. It can cause costs associated with the business to either increase or decrease – directly in the form of taxes, fees and charges, or indirectly in the performance of obligations dictated by the policy initiative. The Expatriate Employees Regulations[1] is one recent example […]