A digest of news and opinion from the Maldives.
Revenue generated by the Maldives Inland Revenue Authority (MIRA) has decreased by 69.6% for the month of July. According to the Income Report published by MIRA, the total income generated by the authority in the month of July is MVR 656 million. This amount is a 69.6% decrease when compared to the amount of income […]
Maldives Customs Service has announced the removal of import duty on several products used to make necessities. This includes no tax charged on materials imported for Embroidery works and Sewing Industry, Fishing Industry as well as the Construction Industry. Now, the public is questioning whether a drop in prices of commodities will be seen in […]
Finance Ministry has brought amendments to the income support allowance policy which has been introduced to support financial assistance for individuals who were negatively impacted by the ongoing pandemic. Income Support Allowance has been introduced to help the Maldivian citizens of whose job employment has been affected amid pandemic and to help them manage the […]
Maldives Integrated Tourism Development Corporation (MITDC) has announced the resumption of the guesthouse project, which calls in for the development of 25-59 guesthouses in Laamu Baresdhoo. This project is to commence yet again as a Joint Venture with an investor. Speaking at the State-owned Enterprises Committee (SOE), Managing Director of MITDC, Mohamed Raaid stated that […]
HSC Maldives has opened a new showroom of HSC Euro, in the heart of Male’ City. The showroom is located in G. Fange on Majeedhee Magu, in front of Heenaamaage Parking Zone. The spacious showroom comprising of two floors displays the complete range of HSC products including Bar2000 Coffee, Malizia, Milmil, Breeze, Intesa, Benefit, Diplo […]
With the reopening of Maldives’ border amidst the COVID-19 pandemic, all the key stakeholders of the tourism industry have been working together in implementing precautionary measures. Following the Ministry of Tourism circular on 10th August 2020 regarding PCR tests for departing tourists, National Boating Association of Maldives (NBAM) together with the Ministry of Tourism, Housing […]
Seagull Foods offers a wide range of processed food products of the highest quality imported directly from renowned Australian manufacturers. From drinks to satisfy your thirst instantly to dairy products that you can use in a variety of recipes, Seagull offers products that save you a lot of time and makes your life easier. Breakfast […]
The contract for the establishment of 5 eco-tourism zones in Addu city has been rewarded to the Maldivian government and Addu city council by the Indian High Commission. The virtual ceremony for contracting of this project has been participated by Foreign Secretary Abdulla Gafoor, Ambassador of Maldives from India, Sunjay Sudeer, Addu City representatives of […]
The Government has expressed interest in merging the Greater Male’ Industrial Zone Limited (GMIZL) with Housing Development Corporation (HDC). According to the Managing Director of GMIZL, Ibrahim Rasheed, (Maagili Iboo) the government has been discussing merging the projects of both the establishments. He stated that a board meeting will be held tomorrow for share transfer […]