A digest of news and opinion from the Maldives.
Ministry of National Planning, Housing and Infrastructure has revealed on Monday, that the first phase of the reclamation work in Kaafu Gulhifalhu has been completed. Six million cubic metres of land has been reclaimed as part of the Greater Male’ Connectivity Project (GMCP). According to the Ministry, efforts are now in place to install revetments. […]
The price of dollars on the foreign exchange black market has suddenly and unexpectedly fallen. According to a number of businessmen, the price of dollars which was previously being sold between MVR 19.25 and 19.35 has dropped to MVR 18.40 to 18.60 within the past two days. The reason for the fall in price is […]
Did you know? You can send and receive money online globally at any time via Island Financial Services Pvt Ltd, the principal-agent for Western Union (WU). WU is an American worldwide financial services and communications company that offers products such as person-to-person money transfer, money orders, business payments, and commercial services. WU has over 150 years […]
State Trading Organization (STO) has revealed that thirteen units at the harbour food court of Male’ is up for lease now. An announcement released on 31st December 2020, STO states bidding is open for all interested parties till 14th January 2021, 14:00hrs. In Twitter, the Managing Director of STO, Hussain Amr said that lease rent […]
Maldives Transport & Contracting Company (MTCC) has announced heavy vehicle operations training programs for youth, with a monthly allowance of MVR 5000 for each participant. The training program titled “Hunavaru” will be held in major cities, and all Maldivians 18 years and above are encouraged to sign up. The program is aimed at developing qualified […]
Sapphire, operated by Life Support, has announced an exciting Year-End Promotion with great deals. Customers can enjoy special offers of up to 50% off on products storewide, as well as special gifts with their purchases. The promotion runs until the 15th of January. Sapphire is a personal care shop with a pharmacy, catering to customers’ […]
The year 2022 will mark the 50th anniversary for Maldives tourism industry. In order to celebrate this, the Ministry of Tourism has begun the countdown for the “Golden Jubilee Year of Maldives Tourism 2022”. The countdown commenced on 1st January 2021. The countdown which takes place on the Ministry’s social media accounts will feature video […]
Dhaalu Kudahuvadhoo council and Reseum have signed a public-private partnership and launched the ULHUN DHAALU initiative. The ULHUN DHAALU initiative was founded by the Dhaalu Kudahuvadhoo Local Government and Reseum, with the aim of making Dhaalu Atoll the most liveable atoll in the Maldives. The project leverages international and local collaborative partnerships, to work together […]
The Maldivian branch of State Bank of India (SBI) has reduced its monthly foreign transaction limit for cards issued by the branch. According to an email sent by the bank to its customers, from 29th December 2020 onwards, cards issued by SBI’s Male’ Branch will have a monthly limit of USD 100 for foreign transactions. […]