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A digest of news and opinion from the Maldives.

Business

Maldives Fisherman Association Holds ‘Discover Huvadhu’ Event to Promote the Beauty of Huvadhu Atoll

Maldives Fisherman Association Holds ‘Discover Huvadhu’ Event to Promote the Beauty of Huvadhu Atoll

2 min read

An event named ‘Discover Huvadhu’ will be carried out by the Maldives Fisherman Association to dive in every gulf of Huvadhoo Atoll. The event, scheduled from 29th July to 3rd August, is an initiative targeted to document, discover, disseminate, and promote the unique environmental, cultural, social, and scenic beauty of Huvadhu atoll. With the help […]

Companie’s Dividend Decreases by 46%

Companie’s Dividend Decreases by 46%

1 min read

Finance Ministry reveals that the dividend issued by the state-owned companies has decreased by 46%. According to a report published by the Finance Ministry, state-owned companies have issued MVR 249.7 million till the 16th of July in 2020. This amount for 2019, was at MVR 464.3 million last year. Hence, the state-owned companies record a […]

Dhiraagu Fibre Broadband Launched in R. Maduvvaree

Dhiraagu Fibre Broadband Launched in R. Maduvvaree

2 min read

Dhiraagu has launched its high-speed Fibre Broadband in R. Maduvvaree. With this new expansion of our Fibre-to-the-home, we are allowing the island community to enhance their digital experience and join the largest and the fastest fibre network in the country. Dhiraagu launches the service at a time where high-speed internet connectivity has become essential to […]

MTCC Projects’ Progress in N.Fohdhoo, Sh.Feevah and R.Rasmaadhoo

MTCC Projects’ Progress in N.Fohdhoo, Sh.Feevah and R.Rasmaadhoo

1 min read

MTCC has announced the successful completion of the work on the design and build of coastal protection structures at N. Fohdhoo on 26th July 2020. The project, which is aimed to solve erosion issues faced by the island; involves laying of geo bags along a 180m area and sand backfilling works of 5,000cbm. The project […]

Sovereign Development Fund Collects MVR246.4 Million

Sovereign Development Fund Collects MVR246.4 Million

1 min read

Sovereign Development Fund (SDF) collected MVR 246.4 Million. This fund was created to ease the payments of loans issued to the Maldivian government. A report published by the finance ministry reads that this fund has collected MVR246.4 million till the 16th Day of 2020. This amount was at MVR770.1 million at the same time, in […]

Maldives Ensures Tourist Welfare and is the Safest Destination: President

Maldives Ensures Tourist Welfare and is the Safest Destination: President

2 min read

President Ibrahim Mohamed Solih has announced that the Maldives opened its borders after ensuring the welfare of tourists and that the Maldives is most possibly the safest destination. In the virtual conference held on Independence Day by the foreign minister Abdulla Shahid to meet the diplomats abroad, the president stated that Independence Day fell at […]

RAM to Increase Maldivian Employment in Cafe’ and Restaurants

RAM to Increase Maldivian Employment in Cafe’ and Restaurants

2 min read

Restaurant Association of Maldives (RAM) announced that they will be putting special effort and arrangements to increase the employment of Maldivians in restaurants and cafes. Founding member of RAM, Nuzair Ali stated that the association has made strategic plans for improved and effective working mechanism or restaurants and the industry. One of the most crucial […]

Universal Donates 2 PCR Machines

Universal Donates 2 PCR Machines

1 min read

Universal Enterprises Pvt. Ltd has donated 2 PCR machines to the Health Ministry. This is the first time a private company donated PCR machines to the Maldives. However, PPE kits, test kits, and ventilators have been previously donated by some private companies. While it has been 4 months since the Maldives experienced its first COVID-19 […]