A digest of news and opinion from the Maldives.
Dhiraagu has implemented measures to help customers facing economic challenges by providing payment extensions and payment plans. Dhiraagu customers will be given bill payment extensions up to 2 months from the bill creation date. Dhiraagu customers will also be provided with payment extensions or payment plans upon request to help them if they are facing […]
State Trading Organisation (STO) has announced that they have begun to wholesale goods to retailers via its online store ‘eSTOre’. STO has stated that as one of the employees of its e-store has been tested positive for the virus due to which many of its employees are in quarantine. Hence, they have temporarily stopped operating […]
Maldives Seafood Processors and Exporters Association (MSPEA) has revealed that as the European market re-opens the demand for frozen fish from the Maldives has risen. In a press statement released by MSPEA has stated that previously frozen yellowfin tuna was sold for MVR 25, however, now European companies are willing to pay MVR 60 for […]
Capital Market Development Authority (CMDA) has extended the deadline to publish the first-quarter report and the second quarter report including a COVID-19 assessment report to 31st July. These reports are published under the law number 2019/R-1050. CMDA has stated that if any transaction that brings changes to the value of shares has taken place or […]
Ooredoo Maldives, as part of its efforts to assist the government of Maldives in easing the financial burden on people amid the covid19 crisis, has put in place key measures offering bill payment flexibility and support to its customers. Ooredoo Maldives customers can request for bill pay extensions up to two months from bill generation […]
Italian travel agents expressed interest from the Italian market to travel to the Maldives as soon as travel restrictions are lifted. These sentiments were passed during the interactive session of “Webinar Revolution_ MALDIVE”, a webinar conducted by Easy Market Travel Solutions for their agents today. Easy Market Travel Solutions is one of the biggest online […]
Managing Director of Maldives Integrated Tourism Development Corporation (MITDC), Mohamed Raaidh has participated, as a speaker, in the international webinar organized by Island Innovation, under the theme “Islands Responses to COVID-19”, In addition to Mohamed Raaidh, Honourable Vittus Qujaukitsoq, Minister of Finance and Mineral Resources of Government of Greenland, Co-Director Dr Francesco Sindico, University of […]
Medtech Maldives will be bringing the ventilators to the Maldives via Sri Lankan Airlines special charter flight on 10th May. As per the single source procurement policy, Medtech Maldives was assigned the project to bring 50 ventilators for MVR 14 million. This project was handed to the company on 19th March. The special flight will […]
President Mohamed Ibrahim Solih has established a national task force for the economic and social recovery of the Maldives economy from the impacts of the COVID-19 pandemic. The President Office has revealed that the National Task Force on Resilience Building and Economic Recovery was established following a Cabinet meeting on April 13th. The main purpose […]