A digest of news and opinion from the Maldives.
The USD limit, which used to be USD 600 per day for POS and USD 400 per day for ATM withdrawals for Visa debit cards, has been lowered by Bank of Maldives (BML) to USD 250 per month, per card for debit and credit cards for use on foreign transactions. This is a huge change […]
The parliament has enacted several changes to the Employment Act. The amendment bill passed on Sunday, 6 September 2020 was initially submitted by the government in June 2019. However, the parliament’s version is a bit different from the one submitted by the government. The parliamentary review of the bill was largely carried out by a […]
Edelweiss will be returning to the Maldivian skies directly from Zurich to Male from September 26. The Swiss leisure airline will resume its operations twice a week from Zurich directly to Male’. Patrick Heymann, Chief Commercial Officer of Edelweiss said, “Over 1,200 islands in the Indian Ocean with its crystal clear water offer divers and […]
Fenaka Corporation Limited has achieved the certification of the International Organisation for Standardisation (ISO). The company becomes the first company offering utility services that achieved this certification in the Maldives. The International Organization for Standardization is an international standard-setting body composed of representatives from various national standards organizations. Founded on 23 February 1947, the organization […]
Ooredoo has launched SuperNet Fixed Broadband services at Lh. Naifaru, offering a wide range of fixed broadband packages with exciting speeds up to 100 Mbps. “During a time where we have become increasingly dependent on the internet, we are extremely pleased to expand and offer our SuperNet Fixed Broadband services to more communities in the […]
SIMDI Group has started offering Advent Care sanitary products to the Maldives. Advent Care is a Sri Lankan brand that produces a variety of healthcare and safety products. Customers will be now able to purchase Advent Care’s contactless thermometer, hand sanitizer, masks and gloves offered by SIMDI. Sanitizer bottles ranging from 50ml to 5l will […]
InterContinental Maldives Maamunagau Resort and Holiday Inn Resort Kandooma Maldives re-opened their doors and welcomed their first guests with enhanced cleanliness measures in strict adherence with the guidelines issued by the Health Protection Agency (Maldives), the Maldives’ government and the IHG Clean Promise. Joseph Della Gatta, Cluster General Manager said: “The teams at InterContinental Maldives […]
Crossroads Maldives has announced the appointment of Shumaes Rasheed as their Cluster Marketing Communications Manager to spearhead the marketing communications of Hard Rock Hotel Maldives and SAii Lagoon Maldives, Curio Collection by Hilton. With over 14 years of experience, Shumaes began his career with the leading local advertising agency Think Advertising and has filled a […]
As in the rest of the world, the local economy has been hard hit as a result of the coronavirus pandemic. The disruption to tourism activities and the subsequent decline in foreign exchange earnings has meant pressure on dollar liquidity has intensified. While the recent announcement by MMA to provide additional dollars to banks for […]