A digest of news and opinion from the Maldives.
As part of the Economic Recovery Plan to minimize the impact on individuals and businesses due to COVID-19, the Government has announced a deferment of loan repayments for Bank of Maldives BML) customers. BML’s moratorium will allow a deferment of monthly principal and interest repayments for 6 months to help individuals and businesses manage during […]
In a press conference addressing the nation, President of Maldives Ibrahim Mohamed Solih has announced that discussions are underway to reduce the internet charges. He further highlighted that the government will reveal this information in 2 days. The president’s office has previously ordered all Government employees to remain at home and to go outside only […]
Speaking at the press conference held today (25th March) President Ibrahim Mohamed Solih has assured that the Maldives will not experience dollar shortage for the next 3 months. The tourism industry has experienced an immediate fall due to the spread of COVID-19, and this has caused rumours of a sudden rise in the market value […]
President of Maldives Ibrahim Mohamed Solih has announced that Maldives State Shipping (MSS) has started its operations & the first ship is scheduled to arrive next week. Speaking at the press conference held today (25th March) to address the nation, the President assured that assures that staple foods and medicine will be available without fail […]
Island Aviation Service’s Managing Director Mohamed Rizvi has revealed that the company is ready to help the government if the government needs any help from them amid the spread of COVID-19 pandemic in the Maldives. Managing Director Rizvee has stated that the airline’s cargo flights and employees are prepared to help any government authorities that […]
India has declared a 21-day lockdown from 25th March onwards, to contain the spread of COVID-19 pandemic in the nation. Amid this lockdown, the Indian Embassy has stated they will maintain the supply of staple food to the Maldives despite the lockdown. An Embassy officer stated, even though there are difficulties in logistics due to […]
Maldives Islamic Bank (MIB) encourage their customers to use faisamobile for banking during the current COVID-19 outbreak in the Maldives. MIB encourage their customer to stay at home to practice social distancing as a precautionary measure to control spreading of COVID-19. Faisamobile is an all-in-one, modern, user-friendly and secure mobile banking app by Maldives Islamic […]
Lockdown is an emergency measure or condition in which people are temporarily prevented from entering or leaving a restricted area or building during a threat of danger. Many countries in the world are going for lockdown as a precautionary measure to curb the spreading of COVID-19 outbreak. Our neighbours, India and Srilanka under a lockdown. […]
Dhiraagu announced that they will be waiving off its merchant fee for the next three months. While contactless digital payments have become the recommended norm, the need for DhiraaguPay has increased. To facilitate secure and safe digital transactions, businesses have started to encourage their customers to use Dhiraagu e-wallets more than before. To further facilitate […]