A digest of news and opinion from the Maldives.
Bank of Maldives has announced plans to expand its deposit and payment services with Cash Agents in 100 islands within the year. Cash Agents were introduced in 2014 as part of the Bank’s Financial Inclusion strategy to provide banking services in islands without a branch or ATM. The service was launched with just cash withdrawal […]
The Tourism Ministry has announced that tourism workers are to register for COVID-19 vaccinations. A circular issued by the Ministry today requested workers of the tourism industry to register for inoculations through the my.health portal. Registration is open for all workers including those working in resorts, safaris, guesthouses, and hotels. Information required is also available on the […]
Telecom operator Dhiraagu has recorded a profit after tax of MVR 188 million during the fourth quarter of 2020. Financial records released by Dhiraagu show the company generated MVR 621 million as revenue in the fourth quarter. This includes MVR 366 million from mobile services, MVR 241 million from fixed broadband service, and MVR 13,865 […]
Maldives’ first-ever VR tournament, Ultimate VR Cup 2021 has come to a close. Powered by Ooredoo 5G, it was carried out by telecom giant Ooredoo Maldives in partnership with E2S Gaming and VR Cafe’. Taking place at VR Cafe’, the tournament was held from 17th to 31st January 2021. While it was open to participants […]
SJ Construction, a well-experienced and leading contractor in the Maldives, will be celebrating 25 years of service this year. SJ Construction started as a general works contractor in 1996. Over the years, the company has widened the scope by undertaking numerous challenging projects and accumulated skills and experiences in building solutions and related engineering works. […]
Furaveri Maldives has appointed Shahid Ibrahim as its new Front Office Manager. Shahid worked with Trans Maldivian Airways as the Deputy Manager of Business Development prior to joining Furaveri Maldives. He has been with the Trans Maldivian Airways team for over 6 years. He previously worked with Viceroy Maldives and Conrad Maldives Rangali Island Island as […]
As per the statistics revealed by the Ministry of Tourism, Maldives has welcomed 92,103 tourist arrivals in January 2021. Furthermore, the Ministry also identified Russia as the top source market for tourist arrivals to the country in the month. Over 20,000 Russian tourists visited the Maldives this January, making up 22.8% of total arrivals thus […]
State-owned fuel supply company, Fuel Supplies Maldives (FSM) has prepared its largest fuel tanker Alihuras to set on its maiden voyage. The ownership of the tanker was transferred from State Trading Organization (STO) to FSM on the occasion of FSM’s 20th anniversary in December 2020. Our team is thrilled as Alihuras is being loaded for […]
The level of Maldivian fish exports saw tremendous growth in 2020 compared to that of the previous year. According to statistics released by the Maldives Monetary Authority (MMA), fish exports increased by 20 per cent in 2020 compared to 2019. While 2019 saw the export of only 56421 metric tons of fish, the figure was […]