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A digest of news and opinion from the Maldives.

Business

Lotus Fihaara Introduces “Yopokki Snack”

Lotus Fihaara Introduces “Yopokki Snack”

1 min read

Lotus Fihaara has introduced the popular Korean snack “Yopokki Snack” to the Maldives. “Yopokki Snack” is a crunchy, spicy rice cake snack from Korea. According to Lotus Fihaara, it is the first time “Yopokki Snacks” have been available in the Maldives. Four different flavours of “Yopokki Snack ” are available, including cheese, sweet & spicy, […]

HAT To Host A Panel Discussion About “Sustainable Tourism Development”

HAT To Host A Panel Discussion About “Sustainable Tourism Development”

1 min read

Huvadhoo Association for Tourism (HAT) is hosting a panel discussion with industry specialists about sustainable tourism development in GDH. Vaadhoo. The panel discussion will be held on 14th June 2020, 21:30 hours. The discussion will be broadcasted live on Facebook and interested parties can join via the Zoom app. Login details are: Meeting ID: 883 […]

Come Fall in Love with the Enchanted Islands of Laamu

Come Fall in Love with the Enchanted Islands of Laamu

10 min read

From the moment you land at Kadhoo Domestic Airport, you will be greeted all around by thick lush foliage, with sudden glimpses of the ocean blues through the greenery. At this point, you could be forgiven for thinking that Laamu is just like many of the numerous inhabited islands in Maldives. It isn’t. The Roads […]

IAA to Host Webinar Based on Rapid Livelihood Assessment

IAA to Host Webinar Based on Rapid Livelihood Assessment

2 min read

A webinar based on the results of a rapid livelihood assessment carried out to understand the impact of the COVID-19 crisis in the Maldives is being organized by the Institute of Audit and Assurance (IAA) of the Auditor General’s Office in collaboration with UNDP Maldives. “The outbreak of COVID-19 pandemic continues to have deep repercussions […]

Mahaa jarraaf to Only Employ Maldivian Employees

Mahaa jarraaf to Only Employ Maldivian Employees

1 min read

Maldives Transport and Contracting Company (MTCC)’s Mahaa jarraaf, the largest dredging vessel in the Maldives, will be employing only locals, stated Managing Director of MTCC Adam Azim. Currently, Mahaa jarraaf employs 5 ex-pats and the transition to an all-local workforce will be made in 4 months. Speaking at a National Federation of Maldivian Employers (NFME) […]

Dhiraagu Holds Its First Virtual AGM

Dhiraagu Holds Its First Virtual AGM

2 min read

Dhiraagu has successfully hosted it’s 31st Annual General Meeting (AGM) on a virtual platform using ‘Fahivote’, an online General Meeting Management System developed by Maldives Security Depository Pvt Ltd. This is also the first time a virtual AGM has been held through ‘Fahivote’. With 68 shareholders in person and by proxy registered to attend and […]

Maldives To Welcome All Nationalities To Its Shores

Maldives To Welcome All Nationalities To Its Shores

1 min read

The Maldives will welcome travellers from all nationalities to its shores from July, Tourism Ministry confirmed. Guests will be given visa on arrival and will not be charged with any additional fees upon entry. The Ministry further revealed that there will not be any mandatory quarantine for travellers and won’t be charged with any additional […]

Printing Money – Can it Save or Ruin the Economy?

Printing Money – Can it Save or Ruin the Economy?

4 min read

During an economic recession, some countries print currency to recapitalize their banks. This is to increase the monetization and to increase the money circulation in the economy. It aims to maintain the stability of the national financial system. It’s an economic instrument used by many countries during the shortage of money supply in the economy. […]