A digest of news and opinion from the Maldives.
Ooredoo Maldives has announced the “Win a Galaxy Note Every Day” promotion, giving customers the chance to win a Samsung Galaxy Note 8 every day for 30 days from 28 November. Each day, a winner will be selected from among all prepaid and postpaid customers who subscribe to Ooredoo data packs worth at least MVR […]
Two tourists being served at Sun Island Resort & Spa. PHOTO: NISHAN ALI/MIHAARU The tourism sector’s contribution to the Gross Domestic Product (GDP) of the Maldives has dropped over the past four years despite increasing by 53.7 percent in revenue. According to the official statistics published by the National Bureau of Statistics on Monday, tourism […]
The Auditor General’s Forum is the Maldives’ national platform for all professional auditors and accountants to address strategic issues that are shaping the operating environment of organizations today and gain insights to effectively manage the associated risks of business. Invited to address the gathering were Sri Lankan professionals Arjuna Herath, Senior Partner Ernest & Young […]
The High Court has overturned an Employment Tribunal unfair dismissal ruling over the Sheraton Maldives Full Moon Resort’s sacking of three local staff in 2014. Ahmed Siyad, Hussain Ali Didi and Moosa Mohamed, who were senior members of the Tourism Employees Association of Maldives, were accused of organising and joining four separate “illegal” demonstrations on the […]
In the first 3 quarters of 2017, over USD 2.07 billion has been recorded as tourism receipts. This is 2.8% more than the tourism earning for the same period of 2016. In 2016, USD 2.01 billion was received from January to October. The tourism receipts are calculated based on the Goods and Services Tax (GST) […]
State Bank of India (SBI) opens up a branch in Hulhumale’. During a special ceremony held on 26 November, the new branch was officially unveiled by Governor of MMA Mr Ahmed Naseer. Ambassador of India to Maldives Mr Akhilesh Mishra also participated in the event. SBI branch of Hulhumale’ is located in the 3rd unit […]
In October 2017, the inflation rate in Maldives went down by 0.27%. According to the National Bureau of Statistics, the price of fish products went down by 5.24% and Vegetables by 2.97%. Price of entertainment services decreased by 2.16% and price of clothing items also decreased by 0.63%. Prices that have gone up in October […]
Mr Ahmed Shareef is the Chairman of Cyryx Group Private Limited. He started off his career in the living room of his sister’s apartment in 1993. Cyryx is now a full-fledged college that caters to over 3000 students and employs over 60 academic and support staff members. The facilities have grown to include two campuses in […]
Kandolhu Maldives, a small island resort of only 30 villas, cleverly arranged to offer maximum privacy yet all within the space of only 200 square meters, is also home to four gourmet restaurants, boasting the highest restaurant-to-room ratio in the Maldives. Presenting four unique dining experiences available to all Kandolhu Maldives guests, the ambience and […]