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A digest of news and opinion from the Maldives.

Business

Finance Ministry Issues MVR 222.9 Million Via SDFC

Finance Ministry Issues MVR 222.9 Million Via SDFC

1 min read

Finance Ministry issued MVR 222.9 million via SME Development Finance Corporation (SDFC) directed at the small businesses operating in the Maldives, under the government’s recovery scheme. This includes small businesses, middle-class businesses, and self-employed people. Under the stimulus package of MVR2.5 Billion, announced by the government, SDFC issues loans for small and middle-class businesses that […]

Is Maldives in an ‘Unhealthy Game of Accepting Foreign Assistance’?

Is Maldives in an ‘Unhealthy Game of Accepting Foreign Assistance’?

3 min read

The Founder of China-Maldivian Culture Association and former Economic Minister Mohamed Rasheed has urged the Foreign Minister Abdullah Shahid to not indulge in “this unhealthy game of accepting foreign assistance on the basis of geopolitical competition.” His statement was made as a response to India’s $500m Greater Male` Region Connectivity project. “We are too vulnerable. […]

Why You Should Use the Dhivehi Credit Bond Service by Dhivehi Insurance

Why You Should Use the Dhivehi Credit Bond Service by Dhivehi Insurance

2 min read

Dhivehi Insurance’s most recent product is the “Trade Credit Bond”, launched at the Corporate Maldives Gold 100 gala event held on 25th February in Dharubaaruge. The purpose of this policy is to ensure that the suppliers avoid the impact of debts and also to enable individual buyers to attain favourable credit terms for their purchasing […]

Severe Loopholes in Fighting Corruption by Anti-Corruption Commission (ACC)

Severe Loopholes in Fighting Corruption by Anti-Corruption Commission (ACC)

3 min read

The Anti-Corruption Commission (ACC) is the first modern form of a democratic institution with the major functions to prevent and prohibit corruption within the public sector of the Maldives. ACC consists of five Commission Members, appointed by the President of the Maldives with approval of the Peoples Majilis. One of the main objectives of ACC […]

Maldives Excluded in the List of 30 Safe Stamped Countries

Maldives Excluded in the List of 30 Safe Stamped Countries

2 min read

In the list of 30 safe countries by World Travel and Tourism Council, Maldives is excluded which poses a million-dollar question, on how safe the internationally renowned island nation is for travelling. The aspect every traveller looks for in a country now, when boarders are slowly re-opened is the safety of the place. It is […]

HDC Hosts ‘Inclusive Transport’ Webinar on Hulhumalé Roads and Public Transport Management

HDC Hosts ‘Inclusive Transport’ Webinar on Hulhumalé Roads and Public Transport Management

1 min read

Transport plays a crucial role in building a community and improving the quality of life. Housing Development Corporation (HDC) is hosting a webinar, ‘Inclusive Transport’, on Hulhumalé Roads and Public Transport Management Project. The Inclusive Transport webinar aims to address traffic issues while introducing plans to decongest traffic and enhance public transport in Hulhumalé. The […]

TMA Proudly Transferred Majority of Tourists After Border Re-opening

TMA Proudly Transferred Majority of Tourists After Border Re-opening

1 min read

The Maldives re-opened borders to international passengers on 15th July 2020, 110 days after closing the borders as a precautionary measure against the spread of Covid-19. As per data from Maldives Immigration, a total of 5245 tourists arrived in the Maldives from 15th July 2020 to 15th August 2020. Trans Maldivian Airways is proud to have transferred the […]