A digest of news and opinion from the Maldives.
President Ibrahim Mohamed Solih has this morning toured and inspected the COVID-19 Isolation facility in development in Farukolhufushi and toured the site of another Isolation facility in development near TreeTop Hospital in Hulhumale’. During this visit, President Solih inquired on the ongoing development work of the two facilities and its operations. The government is taking […]
In light of prevailing economic changes, small stores are rising in the Maldives bringing many changes to the retail industry. The rise of small stores in the retail industry is mainly due to Maldivian buyers opting for affordable stores over larger stores with high prices. Smaller stores such as Ihusaan store has been expanding at […]
President Ibrahim Mohamed Solih has appointed Ahmed Akram as a member of the Elections Commission (EC). The Letter of Appointment was presented to him at a ceremony held this morning at the President’s Office. At the ceremony, Ahmed Akram took his Oath of Office in the presence of Supreme Court Justice Uz Mahaz Ali Zahir. […]
Velana International Airport (VIA) collected 21.4 million dollars as airport development fee last year. The government started charging airport development fee from tourists starting May of 2017. Airport development fee was charged as means to increase government revenue. According to statistics reports from Maldives Inland Revenue Authority (MIRA), 21.47 million USD was collected as airport development […]
Revenue collected by Maldives Inland Revenue Authority (MIRA) has increased by 6.8% from expected figures. The government tax authority confirms that the state collected MVR 15.1 billion at the end of 2017, which is a 4.8% increase compared to the revenue collected in 2016, which was MVR 14.5 billion. This has been registered as a […]
Malaysian low-cost airline AirAsia has announced that they are to expand their operations into the Maldives with the introduction of long-haul affiliate AirAsia X in addition to the daily flights currently operated by the main airline AirAsia. In a statement released by AirAsia, AirAsia X would operate four times weekly from Kuala Lumpur-Male service starting […]
Bank of Maldives has today signed an agreement with the publishers of Corporate Maldives as the Platinum Partner of the “Gold 100” Awards for leading businesses in the country. This is the second year in a row in which the Bank has partnered with the local business publication “Corporate Maldives” to present these awards. As […]
GOLD 100 2016 – Inside the Ballroom of Kurumba Maldives Corporate Maldives has announced that they have received more than 150 nominations for their most anticipated event of the year “GOLD 100 Gala”. Advisory partner CTL Strategies has officially started evaluating these nominations and cross-checking the data provided in order to provide Corporate Maldives with […]
Mr. Abdulla Ghiyas Riyaz, President of MATATO Maldives Association of Travel Agents & Tour Operators (MATATO), together with the tourism industry has announced that they are to part in South Asia’s Leading Travel Trade Show (SATTE), to be held in Delhi, India from 31st Jan- 02nd February 2018 and the 17th edition of Azerbaijan International Travel and Tourism Fair (AITF) […]