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A digest of news and opinion from the Maldives.

Business

Over 80,000 Applications Received via BML Internet Banking in the Past 9 Months

Over 80,000 Applications Received via BML Internet Banking in the Past 9 Months

1 min read

Bank of Maldives introduced a range of services through its online banking platform to support customers during the Covid-19 pandemic. From March to December 2020, the Bank received over 80,000 applications via internet banking for additional account opening, debit and credit cards, loans and requests to update personal information. This is an increase of 33% […]

Statutory Audit License Training Organized by Chartered Accountants of the Maldives

Statutory Audit License Training Organized by Chartered Accountants of the Maldives

2 min read

Institute of Chartered Accountants of the Maldives (CA Maldives) has organized its first training “International Standards on Auditing and SMP Toolkit” in partnership with the Institute of Chartered Accountants of Sri Lanka (CA Sri Lanka) for individuals and firms interested in applying for statutory audit license. The training was given to a total of 72 […]

New Rules Agreed to Save Threatened Maldives’ Grouper Stocks

New Rules Agreed to Save Threatened Maldives’ Grouper Stocks

5 min read

The Maldives has introduced new measures to curb the decline of wild grouper, a coral reef fish vital for reef health. The new measures include revised minimum size limits for the most highly valued grouper species, based on evidence collected by the Maldives Marine Research Institute (MMRI), formerly Marine Research Centre and Blue Marine Foundation […]

Seven Plots of Land from Hoarafushi to be Leased for Guesthouse Tourism

Seven Plots of Land from Hoarafushi to be Leased for Guesthouse Tourism

1 min read

Council of Hoarafushi announces that seven plots of land are to be leased for guesthouse business on the island. The council briefed that the bid is open until February 18th of this year, to any party interested in operating guesthouse business in the tourism zone of Hoarafushi. It is notable that in addition to Hoarafushi, […]

Quarantine Procedure for Resort Employees Changed

Quarantine Procedure for Resort Employees Changed

1 min read

A circular publicized by the Ministry of Tourism announced that resort employees are now required to undergo a mandatory 10-day quarantine period when travelling between resorts, even if the resorts are operated under the same management or company. Additionally, resort workers are not permitted to work unless they test negative in PCR tests upon completion […]

Tourism Ministry Meets with Spanish Company Sagittur

Tourism Ministry Meets with Spanish Company Sagittur

1 min read

Minister of Tourism Abdullah Mausoom meets with Enrique Martinez, president of Spanish state-run company Segittur focusing on tourism research development and innovation. During the meeting, Martinez shared their political strategy on tourism development, and the efforts of the company to build tourism in Spain. The company president also briefed the role of research, communication, and […]

Air India to Commence Maldives Direct Flights to 2 More Destinations!

Air India to Commence Maldives Direct Flights to 2 More Destinations!

1 min read

From next month, Air India will be re-commencing direct flights from the Maldives to two additional Indian cities. At the moment, Air India flies directly to the Maldives from Trivandrum only. However, from 5th February onwards, Air India will commence direct flights from and to Bangalore and New Delhi as well. After halting temporarily flights […]

STO Appoints Ms. Hawwa Nafia as New Chief Internal Auditor

STO Appoints Ms. Hawwa Nafia as New Chief Internal Auditor

1 min read

State Trading Organisation (STO) has announced the appointment of Ms Hawwa Nafia as the company’s new Chief Internal Auditor, effective from 1st February 2021. The new appointment was publicised today via a press release on the STO website regarding the matter. Ms Nafia has had experience in auditing in various capacities and also serves as […]

HDC Extends Proposal Submission Deadlines on 5 Commercial Units

HDC Extends Proposal Submission Deadlines on 5 Commercial Units

1 min read

Housing Development Corporation (HDC) has announced the extension of proposal submission deadlines for five commercial units. The new proposal submission deadlines are as follows: Lease of Units for Provision of Supermarket in Hiyaa Commercial in Hulhumale’ Phase 2: 28th February 2021 Lease of Units for Provision of Grocery Store in Hiyaa Commercial in Hulhumale’ Phase […]