A digest of news and opinion from the Maldives.
On 4th February, Maldives reported a case of ISIS-affiliated stabbing of 3 tourists in Hulhumale’. Following an investigation, Police arrested a total of eight suspects. However, no charges were filed against three of the suspects due to insufficient evidence. According to the Home Minister, Maldives Police Service did a thorough investigation and provided sufficient evidence, […]
By Abdul Haleem About the author: Abdul Haleem is the former CFO at National pension fund. He has extensive experience in accounting systems, controls, investments and financial reporting. He is a chartered management accountant with membership with CIMA (UK). He held the position of Head of Department of Accounting and Finance at Faculty of Management […]
The global oil prices have fallen significantly due to the halt in economic activities as COVID-19 spreads across the world. The demand for oil in the global market has fallen with excessive production of oil in March has led to oil prices falling to record levels. Will this lead to a fall in electrical charges […]
The government of Maldives has announced to release a stimulus package of MVR 2.5 billion for the sustainability of the economy amidst the global recession followed by the COVID-19 pandemic. The stimulus package includes MVR 1.55 billion ($100 million) in emergency loans for businesses to meet short-term working capital needs. As the funds are limited, […]
In the celebration of International Labour Day 2020, National Bureau of Statistics has revealed the statistics of the labour force in the Maldives. The total labour population of Maldives totals up to 151,706 with male employment in the majority with 70.3% male employment to population ratio. While female employment to population ratio is 39.8%. Even […]
The COVID-19 pandemic has caused a global depression which is expected to be the worst depression to hit the economy after World War II. Several countries are planning their exit strategy from the virus to make their economy stand on its own feet again. The Maldives need to plan an exit strategy for the sustainability […]
Ramadan is the holiest month for Muslims, in which Muslims around the globe fast during daylight hours. Maldives is a Muslim country and practising Ramadan since 1153 AD. Ramadan is a special month for Maldivians that bring rituals and traditions. But with strict lockdown and physical distancing orders enforced to limit the spread of the […]
The government of Maldives has temporarily closed all educational institutes in its efforts to contain the spread of COVID-19. With the community spread in the capital city Male’, the uncertainty surrounding the resume of educational institutes rise. The government has started Tele-classes to help students cope with the curriculum, especially for grade 10 students. Universities […]
If there is one topic to discuss that event organizers can agree upon, it is the disruption that’s caused by the current crisis. In less than a year, it has made sweeping changes in the landscape of the events industry. This is evident from the massive number of events either put on hold or cancelled. […]