A digest of news and opinion from the Maldives.
The government has decided to extend the loan repayment period to 6 months to help business in the economic downfall caused by the spread of COVID-19 pandemic. In a press conference, Finance Minister Ibrahim Ameer has stated that they have extended the repayment of loans taken from Bank of Maldives (BML) for 6 months. He […]
State Trading Organization has announced that they will be reducing its diesel and petrol prices. The company stated that from 21st March onwards they will reduce MVR 1.68 from diesel price and MVR 1.53 from petrol price. Thus, diesel will be sold for MVR 8.71 per litre and petrol will be sold for MVR 8.07 […]
Two patients positive for COVID-19 in the Maldives have been fully recovered from the virus. During a press conference, Health Minister Abdulla Ameen announced that two patients who were earlier positive for COVID-19 have been fully recovered and the total number of COVID-19 positive cases now reduced to 11. The first confirmed case of the […]
In order to contain the COVID-19 outbreak, Maldives has banned the entry of all foreign passenger vessels to the country. This ban will be effective from 20th March, 12:00 am. This will prohibit the entry and docking of all passenger’s vessel anywhere in the Maldives. The government has taken a number of precautionary measures against […]
Dhivehi Insurance has announced that they have decided to close its customer service centres from 19th March to 26th March, due to the spread of COVID-19 pandemic in the Maldives. They have also stated that they will be limiting their services during this time to minimize health and exposure risks. They further revealed that for […]
Maldives Transport and Contracting Company (MTCC) have announced that they have decided to ease the lease repayment conditions of Suzuki and Yamaha engine purchases made by the fishermen. MTCC has stated that they have extended the lease repayment to 3 months from 19th March. They further added they have exempted the finance cost of the […]
With the spread of COVID-19 pandemic in the Maldives, the government has announced that they will be exempting part from the water and electricity bill to help the public. In a press conference held, Finance Minister Ibrahim Ameer has stated that the government has decided to exempt 40% from the electricity bill and 30% from […]
Allied Insurance closes its office for one week and has opted for online platforms to provide services to its customers. Allied Insurance has revealed that even though the offices will be closed for one week, they will be providing services through its mobile application, website (myallied.mv), and email. They have further highlighted that applying to […]
Dhiraagu has announced that its customer service centres will be closed from 19th March to 26th March. This decision is taken in regard to support the Health Protection Agency (HPA)’s efforts to control the spread of COVID-19 pandemic in the Maldives, and as a precautionary measure to ensure the safety of its customers and employees. […]