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A digest of news and opinion from the Maldives.

Business

Deputy Governor Retires After Serving MMA for 31 Years

Deputy Governor Retires After Serving MMA for 31 Years

1 min read

The deputy Governor of Maldives Monetary Authority (MMA), Aishath Zahira, has retired on Wednesday after serving the authority for 31 years. Zahira tendered her retirement after completing two six-year terms as the deputy governor. The position of Deputy Governor was approved by the People’s Majlis after it was proposed by the president at the time. […]

Border Reopening: A Handful of 560 Tourists in a Week

Border Reopening: A Handful of 560 Tourists in a Week

2 min read

Statistics shared by Maldives Immigration has shown that nearly 560 tourists have arrived in the Maldives since the country reopened its borders on Wednesday. According to Immigration’s data, 443 tourists arrived in the Maldives in the first 3 days and this was a good rise on average until the statistics revealed a decline with the […]

President Meets With National Recovery Taskforce to Discuss Measures to Reinvigorate the Economy

President Meets With National Recovery Taskforce to Discuss Measures to Reinvigorate the Economy

2 min read

President Ibrahim Mohamed Solih has met with the National Taskforce on Resilience Building and Economic Recovery to discuss the path forward towards recovering and reinvigorating the economy from the effects of COVID-19. The discussions were held this afternoon at the President’s Office. During the meeting, the ‘Working Group on Economic Recovery,’ a subgroup of the […]

Company Annual Reports and Financials to be Submitted By August 2020

Company Annual Reports and Financials to be Submitted By August 2020

1 min read

Company annual reports, director’s report and audit reports are to be submitted to Maldives Inland Revenue Authority (MIRA) by 16th August 2020. According to the Company Act of the Maldives, all registered companies are required to submit annual financial statements, director’s report, and auditor’s report of the previous year to the registrar of companies. Due […]

Shipping Agents can now Register Online

Shipping Agents can now Register Online

1 min read

Maldives Transport Authority has introduced an online portal for shipping agent registration. Those parties interested to register as shipping agents can submit applications to register online through eportal.mta.gov.mv . According to the 5th section of the shipping agent service regulation formed on 16th July 2020, shipping agencies were provided 30 days to complete registration whereby […]

Restaurant Association of Maldives Registered to Raise Voices of the Industry

Restaurant Association of Maldives Registered to Raise Voices of the Industry

1 min read

Restaurant Association of Maldives has been registered to raise the voices of the growing industry of restaurants, cafés, hotels and other such places throughout the Maldives. The association has opened the opportunity for the food and beverage businesses and other related businesses to become members of the association. In order to register as a member, […]

ENSIS Introduces Organic Fertilizers for Plants

ENSIS Introduces Organic Fertilizers for Plants

1 min read

ENSIS introduces Ensisgreen Gaskaanaa – an organic fertilizer for plants. According to ENSIS, Ensisgreen Gaskaanaa is a product under our company’s zero-waste policy and it was made from fish meal plant in Hulhumale’ by using fish waste and wood ashes. It is very healthy and nutritious fertilizer for plants. Ensisgreen Gaskaanaa is available from Enzi’s […]

Dhiraagu Launches Fibre Broadband and DhiraaguTV  in L.Maavah

Dhiraagu Launches Fibre Broadband and DhiraaguTV in L.Maavah

2 min read

Dhiraagu has launched its high-speed Fibre Broadband and DhiraaguTV service in L.Maavah. In today’s digital age, secure and reliable internet connectivity is essential to stay connected, access quality educational content, stay up to date with the current affairs and accelerate every aspect of our everyday lives. With Dhiraagu Fibre Broadband, residents of L.Maavah can now […]

Government Plans to Consider Second Home Residency for Foreigners in Maldives

Government Plans to Consider Second Home Residency for Foreigners in Maldives

1 min read

Economic Minister, Fayyaz Ismail has revealed the Maldives government has plans to consider second home residency visa project for foreigner in the Maldives, during the parliament committee Meeting. He had also said that the Ministry is was working on formulating a bill regarding corporate residency, which would assure investor rights in the Maldives. During the […]