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A digest of news and opinion from the Maldives.

Business

Auditor General’s Office to Host Webinar For Auditors and Accountants

Auditor General’s Office to Host Webinar For Auditors and Accountants

1 min read

In the view of starting a dialogue on being prepared for the new norm in the post-COVID-19 scenario, the Institute of Audit and Assurance (IAA) of Auditor General’s Office hosts an interactive webinar. The panellist for the webinar includes President of MNACI Mr Mohamed Ali Janah, MP and Chair of Economic Committee Mr Mohamed Rasheed […]

Finance, Tourism Ministers Hold Virtual Meeting with Industry Leaders

Finance, Tourism Ministers Hold Virtual Meeting with Industry Leaders

2 min read

Minister of Tourism Ali Waheed and Minister of Finance Ibrahim Ameer has held virtual meetings with the leaders of the Maldivian tourism industry to discuss future plans for the industry and to listen to their opinions. Those who attended the virtual meetings with the Ministers included high-ranking officials from Association of Travel Agent (ATA), Divers […]

VMedia to Shut down Operations Amid COVID-19

VMedia to Shut down Operations Amid COVID-19

1 min read

VMedia operations could come to a temporary halt due to financial instability amid the COVID-19 pandemic, parent company Island Broadcasting Company has said. According to the circular sent to all employees of VMedia, the temporary halt in the tourism industry has caused huge financial losses to the company, hence they are facing difficulties in paying […]

Ooredoo Maldives announces Zuvaan Masveriya as the new Brand Ambassador

Ooredoo Maldives announces Zuvaan Masveriya as the new Brand Ambassador

2 min read

The young and aspiring Zuvaan Masveriya, Hassan Saajin has been announced as the new Brand Ambassador of Ooredoo Maldives. Hasan Sajin has been doing a remarkable job for the past five years as an advocate of the fisheries industry in the Maldives with the aim of reviving the love for fishing among the young people. As […]

Will a Decline in Global Oil Prices Lower Electricity Bills?

Will a Decline in Global Oil Prices Lower Electricity Bills?

2 min read

The global oil prices have fallen significantly due to the halt in economic activities as COVID-19 spreads across the world. The demand for oil in the global market has fallen with excessive production of oil in March has led to oil prices falling to record levels. Will this lead to a fall in electrical charges […]

State-Owned Companies Rendered Inoperable Due to COVID-19 to be Dissolved

State-Owned Companies Rendered Inoperable Due to COVID-19 to be Dissolved

1 min read

A report on dissolving state-owned companies that have been rendered unproductive due to COVID-19 has being approved by the Parliament. 60 members attended the Parliament meeting, and the report was passed with the approval of 53. The report was compiled and submitted by the Committee on State-Owned Enterprises. The report called on the State to […]

Dhiraagu Introduces Reload Methods Via Digital Platforms

Dhiraagu Introduces Reload Methods Via Digital Platforms

1 min read

Easy reload methods via different digital platforms have been introduced by Dhiraagu to help customers facing difficulties in reloading their phones during the ongoing COVID-19 pandemic. Dhiraagu has made a reload function available in Dhiraagu Mobile App. Dhiraagu prepaid customers can reload easily through the “Easy TopUp” feature in Dhiraagu App. Dhiraagu has also made […]

A Record Fall in Monthly Revenue Collection by MIRA for April 2020

A Record Fall in Monthly Revenue Collection by MIRA for April 2020

2 min read

The total monthly revenue collection by Maldives Inland Revenue Authority (MIRA) for April 2020 inclusive of USD collection was recorded at MVR 527.47 million which is a 59.6% decline compared to April 2019. Photo: MIRA Due to COVID 19 Pandemic, preventive measures were initiated in the Maldives involving closure of the country’s border on 27th […]