Skip to content

A digest of news and opinion from the Maldives.

Business

Trans Maldivian Airways Expands Aircraft Fleet to 49 Planes

Trans Maldivian Airways Expands Aircraft Fleet to 49 Planes

1 min read

Trans Maldivian Airways (TMA) has expanded its seaplane fleet to 49 aircraft. The additional aircraft, a De Havilland DHC-6 Series 300, arrived yesterday afternoon (Friday, 29th September) at Velana International Airport (VIA) after completing its journey from Calgary city in Canada. TMA’s fleet expansion comes in-light with the growing number of tourist arrivals and increasing […]

uninhabited island in vaavu atoll

65 islands’ opened for tender

2 min read

Uninhabited island in Vaavu Atoll The original Dhivehi article was published on Vaguthu.mv website on 25th September 2017. The following is a loose translation: As per tender procedures, Ministry of Fisheries and Agriculture has announced tenders of 65 islands in Shaviyani, Noonu, Raa, Baa, Kaafu, Alifu Dhaalu, Vaavu and Seenu Atoll. On last Monday, the […]

Maldives market

Maldives imports: though not said, they are still fake

4 min read

The original Dhivehi article was published on Avas.mv website on 27th September 2017. The following is a loose translation: What is a fake product? This is the first question that comes to mind. It is acceptable to say that the anything that has been altered from of its original form can also be called fake. […]

Collage Maldives projects

Moody’s report brings cheer to Maldives tackling financial challenges

6 min read

Encouraged by Moody’s positive credit profile of the Maldives released on Wednesday, the Abdulla Yameen Government has decided to stick to its existing economic policies for the remainder of its term amidst criticism by the prophets of doom in the opposition. “The report is a further vindication of this administration’s economic plans. It confirms that […]

Maldives reaches nearly 900000 mobile subscribers in August

1 min read

The Maldives mobile base increased to 893,130 subscribers in August, from 882,058 in July. Mobile teledensity rose to 249.00 in August from 245.92 in July, according to figures from the Communications Authority of Maldives. Of the total mobile subscribes, 104,574 were postpaid subscribers and 788,556 prepaid users. The number of fixed telephone lines (including payphones) […]

Rising European tourist numbers offset dwindling Chinese market  

Rising European tourist numbers offset dwindling Chinese market  

2 min read

Tourist arrivals to the Maldives increased by 5.9 percent as traditional European markets offset a decline in Chinese holidaymakers. According to the tourism ministry, 892,025 tourists visited the Maldives between January and August this year, up from 842,635 for the same period in 2016. The European market made up 45.9 percent of all tourists who […]

Housing minister departs for China for bridge beams

Housing minister departs for China for bridge beams

2 min read

Housing Minister Dr Mohamed Muiz departed on a five-day visit to China Wednesday night to observe the construction of steel box girder beams for the China-Maldives Friendship Bridge. Muiz told reporters at the airport that he would “watch the fabrication work at the factory, seek detailed information, meet with engineers, and see how the work […]

Maldives National Reserve decreases by 5% in the last month

Maldives National Reserve decreases by 5% in the last month

1 min read

According to Maldives Monetary Authority (MMA), the national reserve of Maldives has gone down by 5% in during last month.  MMA statistics show that there was USD 571.8 million in national reserve at the end of July. This is a 7% yearly decrease and a 5% monthly decrease. The usable reserve was USD 207.6 million. […]

Tourist arrivals to Maldives experiences a growth of 5.5%

Tourist arrivals to Maldives experiences a growth of 5.5%

1 min read

Tourist arrivals to Maldives increased by 5.5% at the end of July 2017. In a press release issued by Ministry of Tourism, they stated that tourism arrivals reached a total of 770715 during the period of January to July, which is 5.5% more than the number of visitor arrivals in the same period of 2016. Europe remained […]