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A digest of news and opinion from the Maldives.

Business

Heritance Aarah Maldives Wins Silver at 11th Amorgos Tourism Film Festival!

Heritance Aarah Maldives Wins Silver at 11th Amorgos Tourism Film Festival!

2 min read

Heritance Aarah Maldives has won the Silver Award in Tourism Services, for its travel video produced by Blinx Media Pvt Ltd. The 11th Amorgos Tourism Film Festival took place in Amorgos, Greece between 11-14 November 2020. Due to the international lockdowns and complications related to the spread of coronavirus globally, the Festival was held and […]

Hideaway Beach Resort & Spa Introduces an Exclusive Winter Promotion

Hideaway Beach Resort & Spa Introduces an Exclusive Winter Promotion

2 min read

Hideaway Beach Resort and Spa has launched a winter promotion designed to provide the perfect escape from the dreaded winter. The exclusive all-suite Maldivian resort has a private offer for this winter which will save 35 per cent on Bed & Breakfast, Half Board and Full Board meal plans. Located in northern Haa Alifu Atoll, […]

HDC Opens 60 Slots for the Corporate Apprenticeship Program

HDC Opens 60 Slots for the Corporate Apprenticeship Program

2 min read

Housing Development Corporation (HDC) has announced 60 slots for its Corporate Apprenticeship Program. HDC Apprenticeship Program is one of the key CSR initiatives by HDC. The program aims to develop a skilled workforce in the society as per HDC’s pillar of developing a consonant community and bring socio-economic equity. The program designated for the age […]

Dharumavantha Hospital to be Mortgaged for USD 300 Million Bond

Dharumavantha Hospital to be Mortgaged for USD 300 Million Bond

1 min read

Dharumavantha Hospital, Maldives’ tallest standing building, is set to be mortgaged for a bond of USD 300 million. In a now publicized letter to the President’s Office, Minister of Finance Ibrahim Ameer stated that efforts to mortgage a bond of USD 300 million are underway, with the Islamic Corporation for the Development of Private Sector […]

Ooredoo Maldives Launches Maldives’ First Ever Commitment Based Prepaid Plans!

Ooredoo Maldives Launches Maldives’ First Ever Commitment Based Prepaid Plans!

2 min read

Ooredoo Maldives yesterday launched its new Prepaid plans, “Aachaa Prepaid”. The all-new Prepaid is also the first-ever commitment based Prepaid plans in the Maldives offering customers exciting monthly benefits for twelve months, six months and three months. The company says since the emergence of the global pandemic, use of internet has increased as it has […]

Recovery Requires Increased State Expenditure, Even by Debt: Finance Minister

Recovery Requires Increased State Expenditure, Even by Debt: Finance Minister

2 min read

Minister of Finance, Ibrahim Ameer has stated that the only way the country can recover from the pandemic-induced recession was through increased government spending, for which funds need to be acquired as debt. In today’s Parliamentary sitting, Minister Ameer said that the main focus of the 2021 state budget was to overcome the economic disruptions […]

Successful Test Flight Conducted to Hoarafushi Airport Developed by MTCC

Successful Test Flight Conducted to Hoarafushi Airport Developed by MTCC

1 min read

Test flights have been conducted earlier today to the newly developed airport by MTCC in H. A. Hoarafushi. The national flag carrier, Maldivian landed an aircraft at the airport today for the test flights. Hoarafushi airport is currently under final preparations for its scheduled grand opening tomorrow. Maldives Transport and Contracting Company (MTCC) was contracted […]