A digest of news and opinion from the Maldives.
In 2017, witnessed by President Xi Jinping and Maldivian President Abdulla Yameen Abdul Gayoom, China International Trade Representative (ministerial level) and Vice Minister of Commerce Fu Ziying and Maldivian Minister of Economic Development Mohamed Saeed, on behalf of their own government, signed the Free Trade Agreement between the Government of the People’s Republic of China […]
Looking for an Instagrammable place to eat? The Light House Concept is about anyone starving for fresh and healthy fast food. The cafe will serve unique Sandwiches and Espresso Bar where the guest can experiment with our numerous exciting food and beverages selection that features a modern concept to fit today’s lifestyle. The Sushi Bake […]
The Maldives has won Asia’s Most Romantic Escape award in the first-ever Best of the Decade Awards 2020 held by Smart Travel Asia. The Smart Travel Asia Best in Travel Poll is a market research exercise that has run uninterrupted since 2005. It is an independent, free and fair reader poll covering airlines, airports, destinations and hotels. With […]
Maldives Monetary Authority (MMA), the central bank of the Maldives has once again increased the US Dollar allocation for banks. MMA had increased the issue of dollars to banks twice in the past due to the shortage that arose from the pandemic. According to a statement by MMA, in order to recover from the economic […]
Orca Media Group announces that registration is now open for the 7th edition of Local Island Tourism Magazine. All the registered Guesthouses in the Maldives can be featured in the Magazine for free. Local Island Tourism magazine, previously published as the Guesthouse Maldives Magazine, is the only print magazine in the Maldives focusing entirely on […]
Dhiraagu has announced a special cash back promotion for DhiraaguPay customers effective 4 October 2020. Customers can now redeem 5% cash back instantly by making bill payments, reloads and merchant payments via DhiraaguPay wallet. A maximum cashback value of MVR 100 per week will be automatically credited to the customers’ DhiraaguPay wallet. Once the cashback […]
ARMI Education and Women In Tech Maldives (Women in Techmv) have signed an MOU to collaborate in conducting activities to promote science and technology organized and conducted by ARMI Education which includes the STEM Space. STEM Space is a program that is developed and conducted to create opportunities to school-age children to access Digital Technologies […]
According to the latest statistics by the Ministry of Finance, Bank of Maldives (BML) has issued 377 loans that total to MVR 532.0 million. While there were 573 applications under the COVID-19 Recovery Loan Scheme, 410 have been approved, 16 rejected and 12 are being processed. The statistics also reveal that there were 135 applications […]
Housing Development Corporation (HDC) has signed MoU with Kulhudhufushi Council under the initiative ‘HDC beyond Hulhumalé’. The initiative brings forward 23 years of experiences in the planning and development of a smart & green city, thereby contributing knowledge across other regions of the Maldives. HDC aims to support integrated planning efforts in urban development among […]