A digest of news and opinion from the Maldives.
In a noteworthy move, the Ministry of Tourism has today reduced significantly the penalty payable in respect of delayed lease rent payments. This policy change is reflected in the 4th Amendment to the Tourist Resorts, Tourist Hotels, Tourist Guesthouses (Payment of Lease Rent) Regulations. The thrust of the amendment is that it has altered the penalty […]
Ooredoo reveals that the telecommunication company has generated a profit of MVR 80 million in the second quarter of 2020. According to the quarterly statistics published by Ooredoo, the company has generated a total of MVR 409.6 million in Q2 2020. Ooredoo stated that the company’s total income has shown a significant decrease this year […]
President Ibrahim Mohamed Solih has declared that government offices are to remain closed from 4th to 6th August 2020, as a precautionary measure against the further spread of COVID-19. The President encouraged those who are able to work from home to do so and to provide services to the public through online means. The decision […]
The island nation of Maldives reopened its borders to international tourists on 15th July 2020, after 3 months of a halt in tourism. Within 17 days of reopening borders, the popular destination received over 1700 tourists from around the world. In fact, on the very first day itself, the Maldives welcomed a total of 80 […]
STO Home Improvement has introduced grand Eid offers, offering customers the opportunity to enjoy great savings. Customers can Visit eSTOre (https://sto.mv/) and buy online safely along with free delivery to their doorstep. The Eid Offers are available on various electronic products in the online store. This includes the Hitachi Refrigerator R-H200PG7, which had an initial […]
Bank of Maldives (BML) has issued MVR 475.6 Million and USD 6 million as loans to 330 companies under the COVID recovery scheme. According to the statistics publicized by the Finance Ministry, 542 companies have applied for the COVID recovery scheme. Out of the 542 individuals, 128 are not eligible for the scheme. The report […]
Housing Development Corporation Limited (HDC) has announced that Circle Space is now open for quiet library time for individuals seeking to opt for a quieter environment to immerse themselves into books while reading and studying. This opportunity is an initiative of Ugail Foundation and is tagged on social media as #MeetReadLearn. Ugail foundation was established […]
Did you know that around 200 islands in the Maldives are uninhabited, deserted islands? However, the majority of these have been developed as resorts and currently, there are over 150 resorts in the island nation. The reducing number of uninhabited islands has been a concern for locals for several years. One example is the Kuda […]
Higher Education Ministry has requested students enrolling in the universities of the United Kingdom in September intake, to register with the ministry. The Higher Education Ministry has developed a portal for registration and urges the students, whose education commences in September at UK universities to register on or before the 4th of August at 13:00. […]