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A digest of news and opinion from the Maldives.

Company Annual Reports and Financials to be Submitted By August 2020

Company Annual Reports and Financials to be Submitted By August 2020

1 min read

Company annual reports, director’s report and audit reports are to be submitted to Maldives Inland Revenue Authority (MIRA) by 16th August 2020. According to the Company Act of the Maldives, all registered companies are required to submit annual financial statements, director’s report, and auditor’s report of the previous year to the registrar of companies. Due […]

Shipping Agents can now Register Online

Shipping Agents can now Register Online

1 min read

Maldives Transport Authority has introduced an online portal for shipping agent registration. Those parties interested to register as shipping agents can submit applications to register online through eportal.mta.gov.mv . According to the 5th section of the shipping agent service regulation formed on 16th July 2020, shipping agencies were provided 30 days to complete registration whereby […]

Restaurant Association of Maldives Registered to Raise Voices of the Industry

Restaurant Association of Maldives Registered to Raise Voices of the Industry

1 min read

Restaurant Association of Maldives has been registered to raise the voices of the growing industry of restaurants, cafés, hotels and other such places throughout the Maldives. The association has opened the opportunity for the food and beverage businesses and other related businesses to become members of the association. In order to register as a member, […]

ENSIS Introduces Organic Fertilizers for Plants

ENSIS Introduces Organic Fertilizers for Plants

1 min read

ENSIS introduces Ensisgreen Gaskaanaa – an organic fertilizer for plants. According to ENSIS, Ensisgreen Gaskaanaa is a product under our company’s zero-waste policy and it was made from fish meal plant in Hulhumale’ by using fish waste and wood ashes. It is very healthy and nutritious fertilizer for plants. Ensisgreen Gaskaanaa is available from Enzi’s […]

Dhiraagu Launches Fibre Broadband and DhiraaguTV  in L.Maavah

Dhiraagu Launches Fibre Broadband and DhiraaguTV in L.Maavah

2 min read

Dhiraagu has launched its high-speed Fibre Broadband and DhiraaguTV service in L.Maavah. In today’s digital age, secure and reliable internet connectivity is essential to stay connected, access quality educational content, stay up to date with the current affairs and accelerate every aspect of our everyday lives. With Dhiraagu Fibre Broadband, residents of L.Maavah can now […]

Government Plans to Consider Second Home Residency for Foreigners in Maldives

Government Plans to Consider Second Home Residency for Foreigners in Maldives

1 min read

Economic Minister, Fayyaz Ismail has revealed the Maldives government has plans to consider second home residency visa project for foreigner in the Maldives, during the parliament committee Meeting. He had also said that the Ministry is was working on formulating a bill regarding corporate residency, which would assure investor rights in the Maldives. During the […]

BML Expands Deposit & Payment Services In  Atolls with 40 Cash Agents

BML Expands Deposit & Payment Services In Atolls with 40 Cash Agents

2 min read

Bank of Maldives has expanded its cash deposit and payment services in the atolls with 40 Cash Agents. Through these agents, customers can make cash deposits of up to MVR 10,000 per day as well as make payments for loans and credit cards. As part of its efforts to bring banking services to islands, the […]

Lotus Fihaara to Import Wide Ranges of Disinfectants

Lotus Fihaara to Import Wide Ranges of Disinfectants

1 min read

Lotus Fihaara has announced that they will be introducing a wide range of disinfectants to the Maldives. This was revealed in a tweet by Ahmed Arif, Chairman of Senior International, on July 20th July 2020. According to Arif, disinfectants will be made available at Lotus Fihaara at an affordable price for all its interested buyers. […]

Finance Ministry Disburses MVR.18.1 Million as Income Support Allowance

Finance Ministry Disburses MVR.18.1 Million as Income Support Allowance

2 min read

Finance Ministry has disbursed a total of MVR 18.1 million has been disbursed as income support allowances so far. The Ministry of Finance had revealed that income support allowance has been disbursed to a total of 4,525 individuals since it was commenced. The ministry has also issued more than MVR 350 million under the government’s […]