A digest of news and opinion from the Maldives.
The world’s largest competition for the most innovative entrepreneurs in emerging markets. Dhiraagu and Sparkhub are digitally bringing the Online Seedstars World (SSW) Competition to the Maldives for the first time and will be held exclusively online. Seedstars, the Swiss-based private company with a mission to impact people’s lives in emerging markets and the Online […]
A research study conducted by the Higher Education Ministry reveals that the majority of secondary graduates show interest and wish to opt for a career in the tourism sector. This study shows that 21% of students are interested to build a career in the Tourism Industry. Tourism is the largest economic industry in the Maldives […]
It has been exactly 4 months since the first vessel of Maldives State Shipping Company (MSS) arrived in the Maldives on 5th April. Within a short span of time, the Maldives’ national shipping company has achieved a huge accomplishment by collaborating with the world’s biggest shipping company, Maersk. As the world’s largest container shipping company, […]
For decades we have been talking about the importance of agriculture, yet it still remains as one of the most underdeveloped sectors in the country. Agriculture now contributes to less than 5% to national GDP. In reality, it is a diverse field yet for a long period in Maldives’s history, we were able to sustain […]
In the Maldives from 1st of August 2020, cigarettes and bidi will be charged a specific duty of 3 Rufiyaa per stick and ad valorem rate of 25% on the price (FOB). It was also revealed that 3% of duty revenue from cigarettes and tobacco products will go to public health fund to carry out […]
Health Emergency Operation Center (HEOC) has announced a restriction on takeaway and delivery services from café, restaurants or any eatery to the ordered destination, as a safety measure for combatting the severe spread of COVID-19 in the greater Male’ area. According to Aishath Saamiya, Health Ministry’s Deputy Director-General of Policy Planning and International Health, the […]
Maldives Monetary Authority (MMA) stated that 20% of the businesses operating in the tourism sector continued its operations without dismissing employees or cutting wages due to the COVID-19 Pandemic. Bank of Maldives (BML) has published its business survey report for the second quarter (Q2) of 2020 revealing that the employment index had declined to -74. […]
The past few days, the public has raised their concerns regarding their electricity bills that have skyrocketed. People are questioning the high amounts written on their bill, confused as to why it’s so high. This issue is significant during a time the public is dealing with low income as a result of the low economic […]
The Managing Director of MIFCO, Ismail Fauzy has revealed that 21,000 tonnes of fish have been bought from fishermen so far in 2020. This is 44% of the fish bought in 2019 by MIFCO, which totalled to 48,000 tonnes. Ismail Fauzy, who stated that fishing in the country is going well similar to 2019, informed […]