A digest of news and opinion from the Maldives.
Here are the latest news updates for 18th May MET Office Issues Yellow Alert for Southern Maldives A Yellow alert has been issued for islands from Ga atoll to Addu City by Maldives Meteorological Service (MET). Average to strong winds of 25-30 miles per hour with gusts of up to 50 miles per hour over […]
The loan is given to small and medium enterprises (SME) to financially assist them amidst the COVID-19 pandemic has been extended from MVR 18,000 to MVR 30,000, according to Finance Minister Ibrahim Ameer. In a press conference, Minister Ameer stated that even though the government initially allocated MVR 18,000 for SME’s loan in the relief […]
In the first quarter of 2020, State Trading Organisation (STO) earned MVR 2.4 billion as revenue, according to the 1st quarter reports of state-owned company STO. In the 1st quarter of 2020, STO has earned MVR 2.4 billion as revenue and MVR 160 as operating profit. STO has made a net profit of MVR 114 […]
The government of Maldives is working on acquiring MVR 200 million from foreign financial institutes as funds to recover from the COVID-19 pandemic. Finance Ministry has stated that the MVR 200 million might not be sufficient to fully manage the country. Chief Financial Budget Executive Ahmed Sharuvash Adam has said that the state revenue has […]
Government of Maldives has declared lockdown since 15th March 2020 due to spread of COVID-19 in the community. IMF now projects that the global economy will contract by 3% in 2020, a bigger downturn than in the 2008–2009 financial crisis. As authorities take measures to curb the virus, the government and experts in different industries […]
Here are the latest news updates for 16th May MNDF Advises Caution for Sea Travelers Maldives National Defence Force (MNDF) has warned caution on sea travel due to extreme weather conditions in the country. MNDF has said that numerous cases at sea have been reported to Coast Guard due to the current weather. MNDF has […]
In the view of starting a dialogue on being prepared for the new norm in the post-COVID-19 scenario, the Institute of Audit and Assurance (IAA) of Auditor General’s Office hosts an interactive webinar. The panellist for the webinar includes President of MNACI Mr Mohamed Ali Janah, MP and Chair of Economic Committee Mr Mohamed Rasheed […]
The total number of positive cases in Maldives has reached 955, with 911 active cases, 40 recoveries, and 4 fatalities. Here are the latest updates on COVID-19. Announcements by HPA HPA has reported 51 new cases of COVID-19. Maldives reported its 4th death due to COVID-19. The 88-year-old local man had passed away while admitted […]
Ooredoo Maldives’s E-commerce platform ‘Moolee’ has made new items available on its platform for free delivery to Male’ and Hulhumale’. Newcomers on Moolee include Horizon Fisheries providing Maandhoo Masdhalhu case ( Canned Tuna Chunks in Oil/Brine), supply MV B2B platform providing Enzi Tuna in Oil/Brine cases, Enzi Githeyomirus Sauce, Enzi Rihaakuru bottles, Taza Bottled water […]