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A digest of news and opinion from the Maldives.

MMA

More bonds to go on sale, amid lower investor confidence for Maldives

2 min read

RaajjeMV understands that that Government of Maldives is to once again sell off sovereign bonds. A senior Government official reported to RaajjeMV that the process was already underway. The official said during Economic Minister Mohamed Saeed’s visit to the United Arab Emirates, it was proposed to sell off bonds worth US$ 200 million to the […]

Ziyath pleads not guilty to 15 counts of corruption

Ziyath pleads not guilty to 15 counts of corruption

2 min read

The former boss of the Maldives’ tourism promotion company pleaded not guilty Saturday to 15 charges related to the country’s largest-ever corruption scandal. Abdulla Ziyath, who managed the Maldives Marketing and Public Relations Corporation, is accused of misappropriating US$23 (1h 33m) million (MVR357 million) by leasing 13 uninhabited islands and two lagoons owned by the state. He […]

President warns of ideological warfare, malicious economic schemes

President warns of ideological warfare, malicious economic schemes

2 min read

The easiest way to ‘colonize’ a country is by weakening its economy and forcing it to depend upon another country for its income and livelihood, President Abdulla Yameen has said, even as the Maldives attracts massive overseas investment for mega projects and relies heavily on foreigners for tourism. Yameen was speaking at the capital’s convention […]

Dhiraagu announces special promotion for Fixed Broadband

Dhiraagu announces special promotion for Fixed Broadband

1 min read

Dhiraagu, the leading telecommunications provider in Maldives announced a special promotion of the company’s Fixed Broadband services on 12 November. The fastest internet speed provided in Maldives to the customers is via Dhiraagu fibre to the home 100 Mbps package. During the promotion, Initial connection for Fibre Connections and ADSL connections will be free of […]

YearEndSale-flyer-v2

STO Home Improvement “Year End Super Sale” begins

1 min read

Annually held year-end promotion of STO Home Improvement, “Year End Super Sale” began on 12 November 2017. The promotion will go on from 12 November 2017 to 11 January 2018 at STO Home Improvement and STO regional outlets. During the promotion customers who purchase goods worth MVR 1000 and above, will receive a coupon. The […]

iPhoneX

Dhiraagu to offer iPhone X in Maldives

2 min read

Dhiraagu is set to take pre-orders for iPhone X starting from 24 November 2017. Starting the date, customers will be able to place pre-orders for iPhone X, the future of the smartphone, via www.dhiraagu.com.mv. Customers will be able to receive the phones starting from 1 December 2017. Price of the new iPhone has not been […]