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A digest of news and opinion from the Maldives.

Business

Forbes Predicts Maldives to Become “More Popular than Ever” in 2021!

Forbes Predicts Maldives to Become “More Popular than Ever” in 2021!

2 min read

#Maldives has landed a spot on the Forbes list of 20 best places to travel in 2021. Every year, Forbes compiles a list of places travellers can look forward to visiting the next year. Right now, travel seems like the furthest thing from achievable due to the ongoing pandemic and travel restrictions set in place by many countries. […]

Epoch Reveals Updates on the 35-Island Water and Sewerage Project

Epoch Reveals Updates on the 35-Island Water and Sewerage Project

2 min read

Over a short period of time, Epoch has actively engaged in specialized areas such as architectural, structural, building services, water and sanitation, coastal engineering, project management and other areas of the built environment. They have been involved in major government infrastructure projects and established international reach by carrying out works at other countries as well. […]

No Evidence of Black Market Foreign Exchange, Says Governor Hashim

No Evidence of Black Market Foreign Exchange, Says Governor Hashim

1 min read

The issue of black market foreign exchange cannot be resolved due to lack of evidence, says Ali Hashim, Governor of Maldives Monetary Authority (MMA). In a Parliament Committee hearing on Monday, Hashim stated that there is no evidence of dollars being traded at hiked prices on the black market according to MMA’s accounts and that […]

A Real Alternative to Raising Taxes? Resorts May Start Leasing Houses to Owners!

A Real Alternative to Raising Taxes? Resorts May Start Leasing Houses to Owners!

2 min read

In an attempt to increase government revenue from the tourism industry, the notion of leasing resort housing to developers is being considered, says Parliament Speaker Mohamed Nasheed. During a Parliament Committee meeting yesterday, Nasheed stated that instead of raising taxes, alternative ways of boosting government revenue from tourism are being discussed by President Ibrahim Solih […]

Seaside Finolhu Appoints New Executive Chef and Director of Food & Beverage

Seaside Finolhu Appoints New Executive Chef and Director of Food & Beverage

2 min read

The newly redesigned five-star Seaside Finolhu will reopen on November 1, 2020, as the first member of the Design Hotels in the Maldives. Bolstering the already impressive ranks of talent at the hotel will be two newly appointed members of staff: Memo V. Hernandez, Executive Chef and Benjamin Gouet, Director of Food & Beverage. Together, […]

Lights Out. “Apologies for the Technical Issue Occurred”

Lights Out. “Apologies for the Technical Issue Occurred”

3 min read

Last Friday, the whole Capital City faced a power outage that took place early morning and lasted for hours. It caused several disruptions, especially in the homes as chores are often busy during Fridays. STELCO, the main electricity supplier in the country, announced that the power cut occurred due to a technical issue. “After the […]