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A digest of news and opinion from the Maldives.

Business

Allied Insurance Celebrates 36 Years of Service

Allied Insurance Celebrates 36 Years of Service

2 min read

Allied Insurance Company has yesterday celebrated its 36th anniversary, marking a significant milestone in its company journey. In 1985, Allied Insurance Company started off as a joint venture between Commercial Union Assurance Company, UK and State Trading Organization (STO), the nationwide leader of all commercial activities in the Maldives. In early 1987, STO bought back […]

Regulation Publicized for Minimum Standards Required for Employee Accommodations

Regulation Publicized for Minimum Standards Required for Employee Accommodations

1 min read

The Ministry of Economic Development has gazetted regulations for the minimum standards that must be upheld’ in providing accommodations to employees. The regulation details security measures employers must establish within employee accommodations, as well as specifications relating to the size, ventilation, cleanliness, plumbing, utility access, waste management, and fire safety. Additionally, the regulation also describes […]

Successfully Levelled and Compacted Play Area at R. Ungoofaaru School: MTCC

Successfully Levelled and Compacted Play Area at R. Ungoofaaru School: MTCC

1 min read

Maldives Transports and Contracting Company (MTCC) reports that they have successfully completed levelling and compaction of a play area (95 feet x 55 feet) at R. Ungoofaaru School on 29 January 2021. This is project was an initiative undertaken under MTCC’s Corporate Social Responsibility. The state-run is actively involved with the community through its CSR […]

State Revenue at MVR 446.1m in Three Weeks

State Revenue at MVR 446.1m in Three Weeks

1 min read

The stated earned MVR 446.1 million in the first three weeks since the beginning of this year, according to statistics published by the Ministry of Finance. While the revenue stands at MVR 446.1 million, the expenditure stood at MVR 644 million by January 21st. It was also detailed that 73 per cent of the state […]

State Seeking Interested Parties to Develop Four Airports

State Seeking Interested Parties to Develop Four Airports

1 min read

The Maldivian government made an announcement last Thursday that the state is looking for interested parties to develop airports in four islands of the Maldives. The announcement made by the Ministry of Finance asked to submit an expression of interest for airport development for the islands B. Thulhaadhoo, Sh. Bilehffahi, Th. Vilufushi, H. Dh. Makunudhoo. […]

Velaa Employees Receive a Service Charge of MVR 62,899

Velaa Employees Receive a Service Charge of MVR 62,899

1 min read

Velaa Private Island resort distributes a service charge of USD 4079.10 to its employees for the month of January, which is approximately MVR 62,899. This news publicized by the Facebook page Resort Workers Maldives also reports that Velaa distributed the highest service charge out of all resorts. Additionally, the resort always secures the top position […]

Join ANA and Get a Chance to  Win an All-Inclusive Stay in the Maldives!

Join ANA and Get a Chance to Win an All-Inclusive Stay in the Maldives!

1 min read

Under the Visit Maldives Now campaign, Ooredoo Kuwait has announced an exciting chance to win an all-inclusive stay in the Maldives. All you have to do is join ANA, Kuwait’s first completely customizable digital mobile plan. ANA welcomes you to the digital era of mobile plans. For the first time in Kuwait, you can customize […]

BCC to Conduct Business Pitch Competition for Young Local Entrepreneurs

BCC to Conduct Business Pitch Competition for Young Local Entrepreneurs

1 min read

Business Center Corporation (BCC) has announced the decision to conduct a business pitch competition for young business owners in the Maldives. According to BCC, the competition aims to assist young entrepreneurs to implement their business ideas and help them grow. BCC stated that the objective of the programme is to speed up economic progress by […]

EyeCare Announces Exciting 20% Discount on Nova Prescription Swimming Goggles!

EyeCare Announces Exciting 20% Discount on Nova Prescription Swimming Goggles!

2 min read

Leading eye care provider, EyeCare Opticals has announced an exciting promotion on Nova brand prescription swimming goggles. With this promotion, customers will be able to enjoy a 20% discount on any Nova brand googles. These made-to-order goggles offer flexible power for each eye, perfect for individuals that are actively engaged in swimming and water sports […]