Skip to content

A digest of news and opinion from the Maldives.

Corporate Maldives

Sovereign Development Fund Collects MVR246.4 Million

Sovereign Development Fund Collects MVR246.4 Million

1 min read

Sovereign Development Fund (SDF) collected MVR 246.4 Million. This fund was created to ease the payments of loans issued to the Maldivian government. A report published by the finance ministry reads that this fund has collected MVR246.4 million till the 16th Day of 2020. This amount was at MVR770.1 million at the same time, in […]

Tourism Industry’s Giants to Plant 1 Million Coconut Trees Across the Maldives?

Tourism Industry’s Giants to Plant 1 Million Coconut Trees Across the Maldives?

2 min read

Photo credits: Transparency Mv Mohamed Naseem, the Managing Director at Business Development Service Pvt ltd, called upon the leading companies in the tourism industry of Maldives to launch a project, planting one million coconut trees across the Maldives. “We need your help to safeguard food security plus environment,” read his statement. Photo credits: Human Rights […]

Company Annual Reports and Financials to be Submitted By August 2020

Company Annual Reports and Financials to be Submitted By August 2020

1 min read

Company annual reports, director’s report and audit reports are to be submitted to Maldives Inland Revenue Authority (MIRA) by 16th August 2020. According to the Company Act of the Maldives, all registered companies are required to submit annual financial statements, director’s report, and auditor’s report of the previous year to the registrar of companies. Due […]

ENSIS Introduces Organic Fertilizers for Plants

ENSIS Introduces Organic Fertilizers for Plants

1 min read

ENSIS introduces Ensisgreen Gaskaanaa – an organic fertilizer for plants. According to ENSIS, Ensisgreen Gaskaanaa is a product under our company’s zero-waste policy and it was made from fish meal plant in Hulhumale’ by using fish waste and wood ashes. It is very healthy and nutritious fertilizer for plants. Ensisgreen Gaskaanaa is available from Enzi’s […]

Foreign Ministry Arranges Flights for Maldivian Students in Belarus

Foreign Ministry Arranges Flights for Maldivian Students in Belarus

1 min read

The Ministry of Foreign Affairs has arranged flights for 26 Maldivians studying in Belarus, who struggled with departure after arriving at the airport on the 18th of July. The students were reportedly struggling to arrange departure after arriving in Minsk Airport. According to the Foreign Ministry dialogue with the Maldivian Embassy in Germany, Qatar Airways, […]

Life is about what you give, not what you get – By Sonu Shivdasani

Life is about what you give, not what you get – By Sonu Shivdasani

9 min read

Eva and I first visited the Maldives in the 1980s. We fell in love with the country, holidayed here many times and, in the early 1990s, started to invest. Initially it was in Humming Bird helicopters, the country’s first domestic air transportation company, which eventually morphed into TMA. Then we moved into hotels, starting with Soneva […]

Immigration Introduces “Traveller Health Declaration”

Immigration Introduces “Traveller Health Declaration”

1 min read

Amidst the reopening of the Maldives border on 15th July 2020, Maldives Immigration introduces “Traveller Health Declaration” to expedite the process of pre-arrival and pre-departure health information in accordance with the health requirements of the Maldives. All travellers travelling to and from the Maldives are required to submit a self-declarative health declaration within 24 hours […]

Maldives to Ban Use on Single-Use Plastic Imports From 2021

Maldives to Ban Use on Single-Use Plastic Imports From 2021

2 min read

Parliamentarians in the Maldives are proposing to ban the import of single-use plastics from 2021. The amendment to the Import-Export Act has proposed taxing single-use plastic items such as straws, disposable film and plates for the rest of the year. This act will be followed by a complete ban from January 2021. The parliament passed […]

Ukulhas – The Champions of Environment Protection in Maldives

Ukulhas – The Champions of Environment Protection in Maldives

5 min read

Ukulhas is among one of the many islands in North Ari Atoll. This atoll is well known for its abundance in natural beauties such as the reefs, sand banks, uninhabited islands and dive points famous globally, resulting in numerous resorts throughout the atoll. Ukulhas is about an hour away by speedboat from the country’s main […]