A digest of news and opinion from the Maldives.
Maldives Airports Company Limited (MACL) declared the company revenue has decreased significantly this year, which in turn convinces MACL to apply for a loan from the Bank of Maldives (BML). Speaking at the Parliamentary Committee, on State-Owned Enterprises (SOEs), acting Managing Director Moosa Solih said MACL generated profits last December and January. A considerable amount […]
Dhiraagu has announced extra allowances for Home Fixed Broadband boosters and discounts for Dhiraagu Mobile Postpaid Customers and Mamen customers. According to Dhiraagu “As we recognize that the new normal presents a set of challenges to all of us, we want to ensure our customers that our priority remains to keep them connected and offer […]
Bank of Maldives has announced plans to install new ATMs in N. Kendhikulhudhoo, K. Guraidhoo, AA. Thoddoo, and Th. Thimarafushi as part of its plan to expand its network to support local communities. This is part of a wider network expansion plan, with additional self-service ATMs and banking services to be introduced in the coming […]
The Cost Insurance Freight (CIF) prices of imported petrol and marine gas have decreased to a huge extent during the first 5 months of 2020. The CIF costs consist of the costs of carriage and insurance of the goods. According to the statistics from Maldives Customs Service, MVR 247 million worth of petrol was imported […]
Ministry of Education has proposed a teacher licensing system to be introduced under the new Education Bill. Speaking at the Parliamentary Committee on National Development and Heritage, Minister of Education Dr Aishath Ali noted the importance of introducing a licensing system for school teachers in the Maldives in order to elevate the standard of education […]
Maldives Transport and Contracting Company (MTCC) has commenced harbour repair projects in two islands. Harbour repairing and dredging projects in Rakeedhoo, Vaavu Atoll, and Vandhoo, Raa Atoll are being undertaken, said MTCC. The state-owned company revealed, the mobilization of harbour repair and dredging project in Vandhoo was launched on June 20, while a project team […]
Maldives Airports Company Limited (MACL) has revealed that 10 international passenger flights have already confirmed slots to land in the Maldives at Velana International Airport upon reopening. Speaking at a meeting with the Parliament’s State-owned Enterprises Committee, MACL officials revealed that this includes flights from Sri Lankan Airlines, Qatar Airways, Etihad Airways, Emirates Airlines, Hong […]
Male’ city council has requested the owners of vehicles parked in the industrial village area of male’ city to move the vehicles. City Council calls for owners to remove vehicles in the Industrial Village after a cleaning operation in the area was commenced. Details of the Vehicles in the Industrial Zone: Unregistered Newly Imported Vehicles […]
The Board of Directors of Maldives Transport and Contracting Company (MTCC) accepted the proposal to disburse a dividend of MVR 2 per share for the year 2019. MTCC revealed that the Board passed the resolution during a sit-down held on Wednesday, for the review of its annual financial statement, in a statement delivered on Thursday, […]