A digest of news and opinion from the Maldives.
JAAH City Centre (JCC) has announced that they will be closing JCC showrooms until further notice. JCC has temporarily closed its showrooms as a precautionary measure for the global pandemic COVID-19. Also, in regard to support governments and HPA’s efforts to contain the virus. JCC has also stated that they will not be providing any […]
Veligaa Hardware has donated 10 dustbins to Housing and Development Corporation (HDC). HDC has extended its gratitude for the generous donation from Veligaa Hardware and appreciated their contribution to the cleanliness of the Hulhumale City. Veligaa Hardware has stated that they are excited to work with HDC and put the extra effort in keeping the […]
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Parliament Member of Vilifushi Hassan Afeef has accused of corruption in the procurement of MVR 25 million worth of medical equipment for S. Hithadhoo Regional Hospital. Anti-Corruption Commission has investigated the allegations and has declared that the allegations are false. MP Afeef first accused the government of MVR 25 million corruption in a Parliament meeting, […]
The government spokesperson Mohamed Mabrook Azeez has stated that ventilators are bought by abiding the financial law of purchasing necessary items in a state of emergency. Mabrook has revealed the government is planning on purchasing 135 ventilators. The purchase of 50 ventilators has been awarded to a certain company and another 20 is awarded to […]
Maldives Inland Revenue Authority (MIRA) has revealed that the state revenue in March month has fallen by 26.9% in comparison to last year’s March month revenue. MIRA has stated that in the month of March the state has earned MVR 1.1 billion as revenue, and USD 49.2 million as dollar revenue. MIRA has highlighted that […]
The World Bank report has estimated that the Maldives will fall into a steep recession with -8.5% growth in 2020 but also forecasts a strong recovery in 2021 with 7.3% growth. Growth is expected to contract by 8.5 per cent in 2020 as the COVID-19 outbreak dampens tourism and construction. As per the report, the […]
Velana International Airport (VIA) celebrates its 54th anniversary, today. Demonstrating social distancing and wearing masks, a flag hoisting event was held at VIA to mark the occasion this morning. The operator of VIA, Maldives Airports Company Ltd’s (MACL) Acting Managing Director(AMD) Mr Moosa Solih, Management Team & staff participated at the event. Speaking at the […]
Former Economic Minister Mohamed Saeed has suggested exploring different markets for free trade agreements (FTA) such as the EU, UK, and Gulf countries. In a recent tweet, Saeed has highlighted the FTA with China and Hongkong. He has noted in the FTA Maldives had the opportunity to buy-pack-export not less than 296 items at 0% […]