A digest of news and opinion from the Maldives.
The prevalent COVID-19 pandemic has required every industry to adapt to new normal ways of work, and the construction industry has not been spared. During the initial COVID-19 outbreak, foreign workers in the Maldives were deemed one of the most vulnerable groups, with an alarming number of positive cases have been among expatriate labourers. As municipalities reopen […]
Maldives Industrial Fisheries Company (MIFCO) has reduced the price of Fasmeeru processed tuna cans, making it more affordable. Customers can now purchase tuna chunks in oil 48 can case for MVR 575, where previously it was sold for MVR 640. Single tuna cans are priced at MVR 12.25 instead of MVR 13.50 Similarly,, MIFCO has […]
Maldives Transport & Contracting Company (MTCC) has completed a record-breaking 34 projects in the year 2020. In its 40-year company history, this is the first time that MTCC has completed this many projects in a single year. In a tweet by the company’s CEO Adam Azim, he expressed his gratitude to the staff of MTCC […]
President Ibrahim Mohamed Solih has launched the first issue of “Maldives Tourism Bulletin” – a tourism magazine published by the Ministry of Tourism. Announcing the launch in a tweet, President Solih stated that he is confident that the magazine would prove useful for industry stakeholders, students and visitors. The magazine depicts the Governments’ plans to […]
maldivesvirtualtour.com is live now, enabling travellers the chance to experience the Maldives virtually and book directly from hotels. Maldives Virtual Tour is the breathtaking 360° virtual tours of the Maldives with over 2000 virtual tours of more than 150 islands. The project is scheduled to be completed by 2021. This is carried out by Orca […]
The real gross domestic product (GDP) is projected to grow by 13.5% next year, according to a report released by Maldives Monetary Authority (MMA). This is despite staggering declines in real GDP in 2020, mainly attributed to pandemic-induced recessionary effects that halted our economy. The ‘Economic Update December 2020’ report by MMA shows that in […]
The Maldives and the United States of America have signed a debt relief agreement under the G20 Debt Service Suspension Initiative (DSSI). With the aim to temporarily suspend debt-service payments owed to bilateral creditors, Maldives High Commissioner to Sri Lanka, Omar Abdul Razzak and U.S. Ambassador to Maldives Alaina B. Teplitz signed the agreement on […]
The Maldives has won the “Best International Island Holiday Destination” award by International Travel Awards 2020. International Travel Awards is organized by KSA Tourism Marketing & PR Company, having over a decade of experience in promoting and branding over 5,000+ global tourism brands around the world. It is a well-established company in the travel and […]
State Electric Company (STELCO) has introduced their “Green Life Solar Pod” systems, which can produce renewable energy through world-class solar panels. The launch was inaugurated by the Chairman of the STELCO Board, Mohamed Rasheed at an event held at the Usfasgandu Helipad on Wednesday night. Speaking at the launch event, the Managing Director for STELCO […]