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A digest of news and opinion from the Maldives.

Business

‘One Stop Shop’ to Be Developed for Businesses by 2021

‘One Stop Shop’ to Be Developed for Businesses by 2021

2 min read

Fayyaz Ismail, Minister of Economic Development, has said that the Ministry is working to develop a ‘one-stop-shop’ where businesses can get all the services they require through one platform by 2021. The scheme would be developed through the government’s Tradenet Maldives Corporation Limited (TMCL) as a business model and would make it easier for businesses […]

Mariyam Waheeda Appointed as Brand Ambassador of Maldives Wave

Mariyam Waheeda Appointed as Brand Ambassador of Maldives Wave

2 min read

Maldives Wave has decided to go with Maryam Waheeda as their brand ambassador. This is due to her success as media personnel in representing the Maldives, as well as being a respected public figure. She is also notably the President of Maldives Broadcasting Commission, an honorary consul of Sweden Maldives & an ambassador for the […]

Maldives Signs MoU With India on $100 Million Grant for Bridge

Maldives Signs MoU With India on $100 Million Grant for Bridge

2 min read

The Maldives has signed four Memoranda of Understanding (MoUs) with the neighbouring ally, India. The Ministry of Foreign Affairs made the announcement yesterday via Twitter. The MoUs were signed on the Greater Malé Connectivity project, the Sports and Youth Affairs project, and two High Impact Community Development Projects. The most significant MoU signed was a […]

A Hasty Decision in Desperation? Maldives to Issue Corporate Resident Visas to Investors of Just $250,000

A Hasty Decision in Desperation? Maldives to Issue Corporate Resident Visas to Investors of Just $250,000

2 min read

On Sunday, the Parliament passed amendments to the Immigration Act to allow foreign investors to acquire resident visas. The report, prepared by the Parliamentary Committee on National Security and Foreign Relations, was approved with a majority vote of 52 members. No MPs voted against the report while three MPs abstained from voting. As per the […]

HoReCa & Agriculture Expo to Begin on 15th November!

HoReCa & Agriculture Expo to Begin on 15th November!

2 min read

HoReCa & Agriculture Expo conducted by Supply.mv is set to begin on the 15th of November. Held completely online, this event will allow suppliers both small and large to meet and showcase their products to resorts, hotels, guesthouses and cafes. The Ministry of Tourism has endorsed the event, noting that the expo can assist small […]

Customer Notice! STO Supermarket Closes its Doors for Annual Stock Counting

Customer Notice! STO Supermarket Closes its Doors for Annual Stock Counting

1 min read

State Trading Organization (STO) has announced a 4-day closure of its supermarket retail and wholesale operations for an annual stock counting. The closure is from 11th November to 14th November. Operations will resume on 15th November at regular timings. The company has expressed an apology for any inconvenience caused to its customers as a result […]