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A digest of news and opinion from the Maldives.

Business

Maldives To Restart Tourism From 15th July | Here Are The Resorts That Will Open

Maldives To Restart Tourism From 15th July | Here Are The Resorts That Will Open

3 min read

Maldives will restart tourism and reopen borders for visitors from all nationalities from 15th July 2020, President Ibrahim Mohamed Solih confirms. Tourists travelling to the Maldives will be provided a free 30-day tourist visa on arrival. Regular official updates on travel to the Maldives are provided on the websites of the Ministry of Tourism and the Ministry […]

Reclamation Project of Maafushi Land Reaches Completion

Reclamation Project of Maafushi Land Reaches Completion

2 min read

The land reclamation work of the tourism island Maafushi, located in the Kaafu Atoll has reached completion. The island with a population of about 3000 people is renowned for its local tourism. All the tourist hotels and guest houses are now closed due to the COVID-19 pandemic. While the number of Covid-19 Positive cases in […]

Auditor General’s Office Launches the First Issue of Audit Bulletin

Auditor General’s Office Launches the First Issue of Audit Bulletin

1 min read

The Auditor General’s Office launched the first issue of the monthly series Audit Bulletin. This interactive bulletin was initially intended to be an easily accessible internal resource consisting of the relevant information required for auditors of AGO in order to add value to the on-going audits in times of COVID-19. However, since the bulletin covers […]

Guesthouses To Reopen From 1st August

Guesthouses To Reopen From 1st August

2 min read

Maldives local island tourism will recommence operations with guesthouses reopening from 1st August 2020, President Ibrahim Mohamed Solih confirms. The Maldives will restart tourism and reopen borders for visitors from all nationalities from 15th July 2020. Tourists travelling to the Maldives will be provided a free 30-day tourist visa on arrival. Regular official updates on […]

Learning the Road to Recovery – Airline Perspective

Learning the Road to Recovery – Airline Perspective

6 min read

The Maldives began 2020 with big bets on its tourism and aviation sector. Some of the high-profile marks were to welcome 2 million tourists, inaugurate 13 new luxury resorts, kick-off a new code F runway at Velana International Airport (VIA), greet a brand-new seaplane terminal, and to open 4 new regional airports across the country. […]

Special Offer – Magey Plan Exclusives

Special Offer – Magey Plan Exclusives

1 min read

•            Magey Plan Exclusives are special offers that are available to customers only via Magey Plan. This special offer will run throughout the year with attractive packs for each month. Ongoing Magey Plan Exclusives for the month of June Magey Plan Fun Friday: 5GB for MVR 75, valid for 24 hrs, exclusively available on Fridays […]

MACL to Overcome Loss of Revenue by Applying for BML Loan

MACL to Overcome Loss of Revenue by Applying for BML Loan

1 min read

Maldives Airports Company Limited (MACL) declared the company revenue has decreased significantly this year, which in turn convinces MACL to apply for a loan from the Bank of Maldives (BML). Speaking at the Parliamentary Committee, on State-Owned Enterprises (SOEs), acting Managing Director Moosa Solih said MACL generated profits last December and January. A considerable amount […]

Bank of Maldives to Install ATM’s in Four Islands

Bank of Maldives to Install ATM’s in Four Islands

2 min read

Bank of Maldives has announced plans to install new ATMs in N. Kendhikulhudhoo, K. Guraidhoo, AA. Thoddoo, and Th. Thimarafushi as part of its plan to expand its network to support local communities. This is part of a wider network expansion plan, with additional self-service ATMs and banking services to be introduced in the coming […]