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A digest of news and opinion from the Maldives.

News

Bank of Maldives to host major Asian banking conference in 2018

Bank of Maldives to host major Asian banking conference in 2018

2 min read

Bank of Maldives (BML) is to host a major regional banking conference in the Maldives next year. The Asian Bankers Association (ABA) has announced that its 35th General Meeting and Conference will be held in Kurumba Maldives in November 2018. With 80 member institutions across 25 Asian countries, the ABA works to advance the interests […]

Dhiraagu LTE Broadband – Instant internet connection for home

Dhiraagu LTE Broadband – Instant internet connection for home

2 min read

Revamped LTE Broadband services were launched by Dhiraagu, the leading telecommunications provider in the Maldives. Dhiraagu’s LTE Broadband services allow users to install an internet connection in their homes instantly or use it anytime, anywhere without the hassle of cables and wiring. LTE Broadband services were introduced to the Atolls 1 and half years ago, […]

Medhufushi Island Resort

Medhufushi resort to pay USD2.6 million in fines

1 min read

Medhufushi Island Resort The Civil Court has ordered Medhufushi Investments to pay the state USD 2.6 million in fines for default of payment in Medhufushi Island Resort’s rent. The court issued a verdict after Maldives Inland Revenue Authority (MIRA) sued Medhufushi Investments to recover the rent and accumulated fines for default in payments as per […]

Turkish President Recep Tayyip Erdogan arrives to hold a press conference following the Extraordinary Summit of the Organisation of Islamic Cooperation (OIC) on last week's US recognition of Jerusalem as Israel's capital, on December 13, 2017, in Istanbul. Islamic leaders on December 13 urged the world to recognise occupied East Jerusalem as the capital of Palestine, as Palestinian president Mahmoud Abbas warned the United States no longer had any role to play in the peace process. / AFP PHOTO / YASIN AKGUL

Israel’s occupation of Jerusalem violates international law: Maldives

2 min read

Turkish President Recep Tayyip Erdogan arrives to hold a press conference following the Extraordinary Summit of the Organisation of Islamic Cooperation (OIC) on last week’s US recognition of Jerusalem as Israel’s capital, on December 13, 2017, in Istanbul. Islamic leaders on December 13 urged the world to recognise occupied East Jerusalem as the capital of […]

BML supports community in Fares Mathoda with new ATM

BML supports community in Fares Mathoda with new ATM

2 min read

Bank of Maldives has opened a new Self Service ATM in GDh. Fares Mathoda as part of its commitment to supporting local communities. In addition to the usual cash withdrawal facilities, the new ATM will support local individuals and businesses to deposit and transfer money on a 24/7 basis. It is part of the Bank’s […]

expat construction workers

Kidnapped Bangladeshi national in Maldives saved, two arrested

3 min read

Expatriate workers at work in a construction site. PHOTO: NISHAN ALI/MIHAARU Police have rescued a Bangladeshi national that was kidnapped in the capital Male last week and arrested two other Bangladeshi men in connection with the crime. Maldives Police Service revealed Wednesday that the kidnapping was reported on Monday last week, but did not disclose further […]

MIra

MIRA earns 7.5% more than the projected income for November

1 min read

Maldives Inland Revenue Authority (MIRA), records MVR 910.7 million in income for November 2017. This is 7.5 % more compared to the estimated income for the month. With the earnings of November, the total earning of MIRA has reached MVR 13.8 billion so far in 2017. This is a 4.5% increase compared to the earning […]

Rasrani Bageechaa

Winter is coming to Maldives in Dec, govt reassures

2 min read

One of the new developments in the park – ‘Rasrani View’. MIHAARU PHOTO / NISHAN ALI The housing ministry on Wednesday declared that it is working to make president Abdulla Yameen’s vision to “bring winter to the Maldives” this month with the special Winter Corner being developed in Rasrani Bageecha. President Yameen had unveiled Rasrani […]

expat construction workers

Police probe kidnapping of a Bangladeshi national

1 min read

Expatriate workers at work in a construction site. PHOTO: NISHAN ALI/MIHAARU Police revealed Wednesday that they are investigating a case of a Bangladeshi national who was kidnapped in the Maldives. According to Maldives Police Service, the kidnapping was reported last Monday and two Bangladeshi nationals have been arrested in connection to the case since then. […]