A digest of news and opinion from the Maldives.
All of us who play a part in the Maldives tourism industry is well aware that the level of international travellers that we have become accustomed to, is for the moment a thing of the past. Resorts may well see a surge of bookings once the Safe Tourism Guidelines are published. However, it is likely […]
Everyone keeps talking about the new normal. What is the new normal and how do we adjust and adapt ourselves to it as a business? The answer is not as simple as we might want it to be. This may be a simple question but the answer cannot be generalized to suit all businesses. What […]
As the number of people testing positive for COVID-19 is on the rise in the Maldives, the demand for isolation or quarantine facilities are also increasing. According to the HPA, more than 25 facilities with over 6100 beds are being used as isolation/quarantine facilities currently. Most of these facilities are resorts and hotels, as they […]
In light of the recent Covid-19 pandemic, the Minister of Health issued the State of Emergency for the entire island nation, with the most recent extension of the status being issued on the 27th day of May 2020. The Director-General of Public Health, by virtue of powers granted under the Public Health Safety Act 2012, […]
After two weeks of lockdown in the Greater Male’ Area and several cautious precautions in several islands, the Maldivian economy is ready to relaunch again as President Ibrahim Mohamed Solih announces eases in COVID-19 restrictions. Addressing to the nation, the president of Maldives had announced that after the expiration of lockdown, COVID-19 restrictions will be […]
Do you want your job back? Do you want to get things back to normal? Well, the global pandemic has done decimated Maldives tourism sector. Let’s not kid ourselves the Maldives is where it is because of the beautiful islands and waters that we have. These tourists have all invested in the Maldives. They’ve invested […]
National Planning and Infrastructure Minister Mohamed Aslam recently suggested selling citizenship to foreigners, as there are many wealthy foreigners interested in becoming permanent residents of Maldives. He elaborated, saying that his idea of selling citizenship was aimed towards bringing in wealthy foreign investors to the country, prompting several other political figures to weigh in with […]
A video posted on social media from a well-known singer and artist recently brought to light a very important issue faced by many in the Maldives – the lack of support towards freelancers. The video, which quickly went viral, was prompted by the Economic Minister saying that it is important to define the term “freelancers” […]
One might wonder – in fact, individuals and businesses alike – why there are high rates of interest and significant difference between deposit rates and lending rate compared to other countries. The article intends to seek the challenges for individuals, businesses, the governing body and the banks itself. The goal is not intended to point […]