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A digest of news and opinion from the Maldives.

Business

Parliament Passes Rent Reduction as a Condition for Leniences on Real-Estate Loan

Parliament Passes Rent Reduction as a Condition for Leniences on Real-Estate Loan

1 min read

Parliament has passed the report Economic Committee has submitted to include reducing rent rates as a condition when allowing leniences in real-estate loans. The report was submitted to provide parliament’s advice on the programmes implemented by the government to mitigate the losses incurred by the businesses and socioeconomic impacts faced by the individuals due to […]

Jausa and BUCG Aids to Build STO Temp Quarters For Expatriate Workers

Jausa and BUCG Aids to Build STO Temp Quarters For Expatriate Workers

1 min read

Housing Development Corporation (HDC) has revealed that STO Hiya temporary Quarters at Hulhumale’ Phase 2 are reaching completion with the support of Beijing Urban Construction Group (BUCG) and Jausa Construction. HDC has revealed that around 53% of the project has been completed, and it is expected to be completed by 18th May. Construction of STO […]

6 Islands to Visit Post-COVID-19

6 Islands to Visit Post-COVID-19

2 min read

The COVID-19 pandemic has made everyone lockdown in their houses. When will the situation return to normal is uncertain, however, we can start planning for post-COVID-19 life from now on. Here Corporate Maldives has listed the top 6 islands in Maldives to visit post-COVID-19. Maafushi Maafushi is one of the best islands to explore the […]

Tourism Industry Organizations Working Together, Pledges Full Support To The Government

Tourism Industry Organizations Working Together, Pledges Full Support To The Government

2 min read

Tourism industry organizations have announced that they are working together and assured full support to the government in overcoming COVID-19 crisis. Since March 2020, tourism industry organizations including Guesthouse Association of Maldives (GAM), Maldives Association of Travel Agents and Tour Operations (MATATO), Association of Travel Agents (ATA), National Boating Association of Maldives (NBAM), Divers Association […]

Once a Luxury Maldivian Resort, Now as Quarantine Facilities

Once a Luxury Maldivian Resort, Now as Quarantine Facilities

3 min read

The Maldives, on a bid to insulate the remote nation from the spread of the COVID-19, has turned luxury resort hotels in the idyllic archipelago into quarantine facilities. The number of confirmed cases has escalated to over 500 active cases with 2 fatalities. Health officials have forecasted a potential increase in the spread of the […]

China’s CSCEC and CCCC Provide Assistant to HDC

China’s CSCEC and CCCC Provide Assistant to HDC

2 min read

China State Construction Engineering Corporation (CSCEC) is working with Housing and Development Corporation (HDC) in the construction of labour quarters in Hulhumale’ Phase II. And China Communication Construction Company (CCCC) has provided plank materials to HDC. HDC has revealed that CSCEC is assisting in the construction of 4 prefabricated steel structures, a kitchen block, and […]

MATI Criticizes Government for Lack of Timely Actions and Job Cuts

MATI Criticizes Government for Lack of Timely Actions and Job Cuts

2 min read

Maldives Association of Tourism Industry (MATI) has criticized the government for lack of timely actions and job cuts in the tourism industry. MATI said that the current relief package for the industry was not formulated in consultation with them. They further added that the stakeholders of all segments of the industry, from the onset of this pandemic […]

Ugail Foundation Introduces LYNKIT

Ugail Foundation Introduces LYNKIT

1 min read

Ugail Foundation has introduced LYNKIT, which is a free Viber base platform to help people with essential shopping during the COVID-19 crisis. LYNKIT is a Viber bot designed to assist the general public to easily place orders to individual shops. The foundation has developed a web portal called ‘MYLYNC’ which will assist the shops in […]