A digest of news and opinion from the Maldives.
Health insurance is extremely important to employees of any company. It is now regarded as a mandatory condition in the employment package. As an employer whether you’re researching more cost-effective health plans or researching health benefits for small employers for the first time, a common question is, “How much does it cost to provide health […]
Minister of Finance, Ibrahim Ameer has stated that in order for the Maldives to recover economically, it is crucial that the proposed 2021 State Budget is passed in Parliament without any amendments. The Finance Ministry announced that the 2021 Budget will be MVR 34.7 billion. However, since its proposal, several members of Parliament have voiced […]
The Maldives and the United Kingdom has held discussions on the elimination of tariff on Maldivian fish exports to the United Kingdom. The meeting took place during the Minister of Foreign Affairs virtual call with the Minister of State (Minister for South Asia and Commonwealth) at the Foreign, Commonwealth and Development Office of the United […]
The President’s Office has announced that the Chinese government has decided to defer the repayment of certain loans taken by the Maldives to the upcoming year. Chief Communications Strategist at the President’s Office, Ibrahim Hoodh stated that the deferment was allowed under the G20 Debt Service Suspension Initiative (DSSI), which is an initiative by the […]
The Maldives has witnessed over 400,000 tourist arrivals as of 16th November. Statistics of the Ministry of Tourism show that from 1st January to 16th November, over 440,197 tourists have visited the Maldives. A sum of 57,350 tourists arrived at the island nation since border reopened on 15th July. The leading market for the Maldives […]
An MoU has been signed yesterday between the Ministry of Economic Development and the Ministry of Youth, Sports & Community Development, to form a joint committee for youth economic empowerment. It aims to undertake tasks in line with the Strategic Action Plan (SAP) of the current administration with regards to youth-related economic issues. The MoU […]
Housing Development Corporation (HDC) has announced that the current payment deferral has been extended for a specific period. In an announcement, HDC stated that the corporation has decided to extend the previously offered 30 per cent deferral scheme. The revised payment deferment plan allows customers to pay the deferred amount within a 12-month period. In […]
The Hawks Pvt Ltd has signed as a Gold Partner for TTM Maldives 2020 Virtual, the leading international travel trade fair of Maldives. The Hawks Pvt Ltd is one of the leading companies for the import & distribution of high-quality fuel in the Maldives. With more than 11 years’ experience in the area of fuel […]
The government marked two years of President Ibrahim Mohamed Solih’s term yesterday. Records show that 123 projects have been completed within that period. As per statistics compiled by the President’s Office, a large number of these projects are in relation to the health, education and sports sectors of the Maldives. Projects completed within two years […]