A digest of news and opinion from the Maldives.
The state-run company Maldives Industrial Fisheries Company (MIFCO) and Maldives State Shipping (MSS) are teaming up to export fish products to the international market. Managing Director of MIFCO Mr Ismail Fauzee stated that to begin exporting fish products with MSS, they have ordered 30 cold-storage containers. Additionally, the goal of this operation is to sell […]
Ooredoo in partnership with Huawei has introduced Cloud services to the Maldives. Huawei Cloud now distils 30+ years of accumulated technology, innovation, and expertise in the ICT infrastructure field to offer customers everything as a service. You can grow your enterprise in the best environment with stable, secure, and ever-improving cloud services and affordable, inclusive […]
A special event to commemorate the 75th anniversary of the British Loyalty wreck was held yesterday morning at Maradhoo, Addu City harbour. Visit Maldives joined this event, organized by Nalafehi Meedhoo, a non-government organization based in Meedhoo, Addu City, in association with the Addu City Council. The event commenced with the unveiling of the logo […]
Housing Development Corporation (HDC) has signed a lease agreement with Jalboot Marine Service today. According to the agreement, HDC has leased the ground floor of the Marine View Building to Jalboot Marine Service to operate a Marine Showroom to sell marine equipment and marine driveline for 10 years. Jalboot Maldives is a subsidiary Jalboot Holdings […]
India has become the top market to the Maldives in 2020, as per the statistics by the Ministry of Tourism. India is now one of the fastest-growing outbound tourism markets in the world, second only to China. The Maldives has welcomed 62,905 Indian travellers in 2020 with a market share of 11.3%. The island nation […]
The Government of the Republic of Maldives and the Government of France signed an agreement on the G-20 Debt Service Suspension Initiative (DSSI), to temporarily suspend debt-service payments owed to bilateral creditors. The agreement was signed on behalf of the Government of the Republic of Maldives by His Excellency Omar Abdul Razzak, High Commissioner of […]
Maldives Customs has confiscated 21 boxes containing 429kg of shark fins on their way to be illegally exported through Velana International Airport. The shark fins concealed in a shipment declared salt fish seized on Sunday is said to be worth over MVR 2.6 million. Customs shared photos of the shipments on their Twitter account, displaying […]
Turkish Airlines, the national flag carrier airline of Turkey, is now operating daily flights from Istanbul, Turkey to Male’, Maldives from 1st – 17th January 2021. The airline commenced operations to the island nation on 7th August, after a temporary halt in March due to the pandemic. Since then, Turkish Airlines has been operating weekly flights to […]
Bank of Maldives (BML) has issued over MVR 578.5 million in loans to large-scale businesses struggling to mitigate the financial impact of the COVID-19 pandemic. Statistics released by the Finance Ministry show that MVR 578.5 million and USD 8 million in loans to 422 large-scale businesses were issued through BML as of 30th December 2020. […]