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A digest of news and opinion from the Maldives.

LUXE Announces the Maldivian Local Island Guesthouse Giveaway

LUXE Announces the Maldivian Local Island Guesthouse Giveaway

2 min read

LUXE Travel & Leisure, in partnership with Zawaaj and Gunbaru Inn, has unveiled the Maldivian Local Island Guesthouse Giveaway. The giveaway includes : 3 Nights Stay for 2 pax Free Couple Photoshoot Return Speedboat Transfer from Airport to Ukulhas Free Non – Motorized water sports activity for 3 days Free 1 night dinner near the […]

Government Debt Increases to MVR 73.9 Billion

Government Debt Increases to MVR 73.9 Billion

1 min read

The Ministry of Finance has revealed that state debt has risen to MVR 73.9 billion,  a six per cent increase compared to the MVR 69.4 billion recorded in the first financial quarter of 2020. The Ministry’s debt management statistics show that external debt, based on Gross Domestic Product (GDP), stood at MVR 37.7 billion, while […]

Cases Expected to Decline in Male`City by End of September

Cases Expected to Decline in Male`City by End of September

2 min read

Maldives estimates a drop in COVID-19 case numbers in Greater Male’ Area by the end of September. As per Dr Sheena Moosa, consultant epidemiologist at Health Protection Agency, due to the easement of lockdowns, the virus has spread rapidly in the capital and that the case numbers could possibly be reduced by the end of […]

Passenger Traffic Performance Improves at Velana International Aiport

Passenger Traffic Performance Improves at Velana International Aiport

1 min read

Velana International Airport reveals passenger traffic statistics until the end of August since the border opened from 15 July. The airport reports a steady increase in passenger traffic. International arrivals during the period include 2,890 in July and 11,186 in August. This is an increase of 287% or 8296 arrivals. However, the increase in local […]

Take Mobile Gaming to the Next level with Dhiraagu GameHub!

Take Mobile Gaming to the Next level with Dhiraagu GameHub!

1 min read

Dhiraagu GameHub has been officially launched with access to over 700+ HD Games. This is a mobile gaming subscription portal enabled by Gameloft, a global leader in the development and publishing of mobile games and one of the top innovators in its field. This gaming platform is available for Dhiraagu mobile customers where they can subscribe […]

MSS Opens Tendering for a Container Vessel

MSS Opens Tendering for a Container Vessel

1 min read

Maldives State Shipping (MSS) has stated that the duration agreed on the use of the first vessel is expiring and the company has opened bidding for another boat to be used for shipping containers. The company’s announcement implies that the vessel is to be used for 6 months where it will be selected based on […]

Aeroflot to Resume Operations to Maldives in September

Aeroflot to Resume Operations to Maldives in September

2 min read

The flag carrier of the Russian Federation, Aeroflot will resume flights to the Maldives from 10th September. The airline will be operating 2 flights a week. Flights to Malé will resume on the following schedule: – Flight SU0322 Sheremetyevo —Malé on Thursdays and Sundays – Return flight SU0323 Malé — Sheremetyevo on Fridays and Sundays […]

Why Did STO Pay High Dividends in a Cash Throttle Pandemic Period?

Why Did STO Pay High Dividends in a Cash Throttle Pandemic Period?

3 min read

State Trading Organisation (STO) has paid a significantly high dividend of MVR 58 per share for the year 2019 during COVID-19 compared to other local government companies. STO recorded a profit of MVR 383 million during last year. Large local companies like Dhiraagu paid MVR 12 per share as dividend for 2019 where the company […]