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A digest of news and opinion from the Maldives.

Government Opposes the Proposition of Resident Visa

Government Opposes the Proposition of Resident Visa

2 min read

The government has expressed its opposition towards the amendment to Immigration bills which stands for granting residence visas for foreigners making an investment above MVR 100,000, renting or leasing a residence for more than 10 years, or marrying a Maldivian, in the parliament. According to the Committee Chair, the amendments have been proposed by the […]

Foreign Ministry Arranges Flights for Maldivian Students in Belarus

Foreign Ministry Arranges Flights for Maldivian Students in Belarus

1 min read

The Ministry of Foreign Affairs has arranged flights for 26 Maldivians studying in Belarus, who struggled with departure after arriving at the airport on the 18th of July. The students were reportedly struggling to arrange departure after arriving in Minsk Airport. According to the Foreign Ministry dialogue with the Maldivian Embassy in Germany, Qatar Airways, […]

Maldives Government Decreases Tourism Land Rent

Maldives Government Decreases Tourism Land Rent

2 min read

The Maldives government has announced that they had decided to decrease the land rent charged on islands leased for tourism purposes in the Maldives. Economic Minister Fayyaz Ismail, who is currently leading and administrating the Tourism Ministry had tweeted revealing the government’s decision to reduce land rent in a bid to progress tourism in the […]

Dhiraagu Offers FREE Fibre Connection with FREE Router

Dhiraagu Offers FREE Fibre Connection with FREE Router

2 min read

Dhiraagu has launched a special promotion offering FREE Fibre Broadband connection and a FREE router. Customers residing at premises where there is an existing fibre cable in the building will be able to get a complete free connection and a free route. Those customers who may be residing in a building where there is no […]

President Awards Special Scholarship to 7 Students

President Awards Special Scholarship to 7 Students

1 min read

President Ibrahim Mohamed Solih has awarded a special scholarship to 7 students who completed their A ‘level Education last year. This award has been achieved by 5 students of Centre for Higher Secondary Education (CHSE) and 2 students of Al’Madhrasathul Arabiyyathul Islamiyya. They were awarded by President Ibrahim Mohamed Solih. Speaking at the awards ceremony, […]

Allied Insurance Decreed to Pay MVR 351 Million to Yacht Tours

Allied Insurance Decreed to Pay MVR 351 Million to Yacht Tours

2 min read

The Civil Court has decreed Allied Insurance to pay USD 22.78 million (MVR 351 million) to Yacht Tours on Sunday (19th July 2020). Yacht Tours filed the lawsuit over a lack of compensation for extensive damages to water villas in H. A. Alidhoo. It is a resort that has been leased to Yacht Tours for […]

Life is about what you give, not what you get – By Sonu Shivdasani

Life is about what you give, not what you get – By Sonu Shivdasani

9 min read

Eva and I first visited the Maldives in the 1980s. We fell in love with the country, holidayed here many times and, in the early 1990s, started to invest. Initially it was in Humming Bird helicopters, the country’s first domestic air transportation company, which eventually morphed into TMA. Then we moved into hotels, starting with Soneva […]

NFME to Host its 9th Webinar on Tailoring a New Reality

NFME to Host its 9th Webinar on Tailoring a New Reality

1 min read

National Federation of Maldivian Employers (NFME) is hosting its 9th webinar session under tailoring a new reality on the topic, “The Maldives Insurance Industry and Innovative Insurance Products for the New Business Environment” The webinar will take place on the 22nd of July 2020 at 16:30hrs local time. This episode can be watched live on […]

The Proposition of Introducing Resident Visa; What is the Catch?

The Proposition of Introducing Resident Visa; What is the Catch?

4 min read

Controversies have arisen after the President of People’s Majlis, Mohamed Nasheed, proposed the provision of resident visa for foreigners who live in a rented house in the Maldives for 10 years. A residence visa is a document or a card required in some regions, allowing a foreign national to reside in a country for a […]