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COVID-19 pandemic

STO Assures Adequate Supply of Staple Food Amid COVID-19 Pandemic

STO Assures Adequate Supply of Staple Food Amid COVID-19 Pandemic

1 min read

State Trading Organization (STO) has assured the public that they will maintain an adequate supply of staple food during this challenging time caused by the global spread of COVID-19. STO has also announced that they have arranged storage facilities to further increase its stockpile of staple food. India has also assured that they will maintain […]

MATI Proposes to Ease Land Rent of Resorts

MATI Proposes to Ease Land Rent of Resorts

1 min read

Maldives Association of Tourism Industries (MATI) proposes the government to ease the tourism land rental taken as an advance on resort land rents. This proposal was proposed to the government in a meeting held to discuss the measures that can be taken to mitigate the impact COVID-19 pandemic will have on the tourism industry. MATI […]

Freelancers Eligible for SDFC Loans

Freelancers Eligible for SDFC Loans

1 min read

Economic Minister Fayyaz Ismail has announced that freelancers will be eligible for SME’s loan given by the SME Development Finance Corporation (SDFC). Economic Minister has stated this after professionals in the artistic field such as musicians and photographers expressed their concerns as they are faced with a lack of income due to the restrictions in […]

MIRA Eases Tax Installments Policies Amid COVID-19

MIRA Eases Tax Installments Policies Amid COVID-19

1 min read

Maldives Inland Revenue Authority (MIRA) has announced several eases to policies to accommodate tax instalments. In a press statement, MIRA has stated they have extended the instalment tax paying period to 3 months. The announcement further added that the authority will allow taxpayers to get into an instalment agreement even if they pay a smaller […]

Ooredoo Maldives offers 25% Bonus Data for Postpaid customers

Ooredoo Maldives offers 25% Bonus Data for Postpaid customers

2 min read

Ooredoo Maldives extends a special offer to support its customers stay updated and connected with their loved ones during the COVID -19 pandemic, by providing 25% bonus data on all postpaid plans. This special bonus aims to support customers who have exhausted their allowances towards the end of this month and will be renewed again […]

The People’s Government of Yunnan Province of China donates supply of epidemic prevention materials

The People’s Government of Yunnan Province of China donates supply of epidemic prevention materials

1 min read

The People’s Government of Yunnan Province of the People’s Republic of China has donated epidemic prevention materials, in support and solidarity of the efforts of the Government of Maldives to combat against the rapid spread of COVID-19. At a ceremony held at the Foreign Ministry today, to hand over the donation of epidemic prevention materials […]

Maldivian to Operate Cargo Flights Amid COVID-19

Maldivian to Operate Cargo Flights Amid COVID-19

1 min read

Maldives flagship carrier Maldivian has announced plans to operate chartered cargo flights amid the COVID-19 pandemic. The airline revealed routes to Colombo, Indian cities of Trivandrum and Chennai, Thailand and Dubai. Maldivian reports that according to the demand, they will operate chartered flights to other destinations as well. Managing Director of Maldivian Mohamed Rizvee has […]

MMA to Extend Loan Repayment Period of All Banks

MMA to Extend Loan Repayment Period of All Banks

1 min read

Maldives Monetary Authority (MMA)’s Governor Ali Hashim has announced that all banks have agreed to extend the loan repayment period amid the spread of COVID-19 pandemic in the Maldives. There are eight banks operating in the Maldives, and only Bank of Maldives (BML) has announced the extension in the loan repayment period. Other banks such […]