A digest of news and opinion from the Maldives.
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 […]
According to the statistics of Maldives Customs Service, the government income from imports and exports has declined by 66% in August compared to the same period during last year. The statistics reflect that the state income from imports and exports reached MVR 297 million in August 2019 while the amount declined to MVR 102 million […]
The Maldives achieved the Safe Travels Stamp, which is endorsed by the World Tourism Organization and more than 200 travel companies. The objective of the Safe Travel Stamp is to provide confidence to travellers and re-establish consumer confidence in Travel and Tourism and ensure travellers of enhanced standards of hygiene are in place and the […]
Arab social influencers, Khalid Al-Ameri and his wife Salama Mohamed have arrived in the Maldives today at Taj Exotica Resort & Spa for a much-needed break. The social media celebrity recently took to Instagram and posted their arrival in the Maldives, he said: “It’s time for a break.” Khalid has posted videos of their warm […]
Tourism Ministry has announced that they will be supporting and guiding guesthouses across the country to resume their operations. During a virtual meeting held with Guesthouses Association of Maldives and hoteliers from guesthouse sector, Minister of Tourism, Dr. Abdulla Mausoom said that tourism ministry is working on a stimulus package to assist guesthouse operators across […]
While the dollar exchange rate in the black market was around MVR 20, the rate has seen a sudden drop to lower than MVR 19. Until last week, dollar traders in the country purchased dollars for MVR 19.80. However, the rate has decreased to MVR 18.80. The Maldives is facing a severe shortage of US […]
The governments of Maldives and India signed the MoU to establish ferry and cargo services by the sea on 8th June 2019, during Indian Prime Minister Narendra Modi’s visit to the Maldives. According to the latest updates by the Ministry of Transport, final preparations are ongoing to start Cochin-Kulhudhuhfushi-Male’ ferry services by the end of […]
The ID NOW™ COVID-19 rapid test by Abbott delivers high-quality molecular positive results in as little as 5 minutes, targeting the coronavirus (COVID-19) RdRp Gene. Medtech Maldives reveals the company will be bringing the product to the Maldives. Timely results enable healthcare professionals to make appropriate and more efficient treatment and infection control decisions. EUA […]
The Maldives Airports Company Limited (MACL) operator of the Velana International Airport (VIA) is to lease lounge spaces in the New Seaplane Terminal Building (NSPT) at VIA to interested parties. The winning parties are required to set up and operate executive lounges on their own in accordance with MACL guidelines and instructions. Interested parties are […]