A digest of news and opinion from the Maldives.
The Covid-19 pandemic has been a wave of destruction in the business world, imposing a huge financial challenge on the firms and completely destroying small firms. However, the situation is fortunately improving and industries are slowly coming back on track. During the crisis, businesses have been taught many hard lessons. Here are 4 of the […]
In an attempt to increase government revenue from the tourism industry, the notion of leasing resort housing to developers is being considered, says Parliament Speaker Mohamed Nasheed. During a Parliament Committee meeting yesterday, Nasheed stated that instead of raising taxes, alternative ways of boosting government revenue from tourism are being discussed by President Ibrahim Solih […]
Not once, not twice. For the fifth time, the taxi driven by the Male’s only female taxi driver Aminath Waheed has been damaged while it was parked in the vicinity of the Drug Court. This has led to several questions by the public, for which an answer is needed from the Maldives Police Service. How […]
The newly redesigned five-star Seaside Finolhu will reopen on November 1, 2020, as the first member of the Design Hotels in the Maldives. Bolstering the already impressive ranks of talent at the hotel will be two newly appointed members of staff: Memo V. Hernandez, Executive Chef and Benjamin Gouet, Director of Food & Beverage. Together, […]
Last Friday, the whole Capital City faced a power outage that took place early morning and lasted for hours. It caused several disruptions, especially in the homes as chores are often busy during Fridays. STELCO, the main electricity supplier in the country, announced that the power cut occurred due to a technical issue. “After the […]
Parliament Speaker and Former President of the Maldives, Mohamed Nasheed has said that local banks will need to weigh on the bankruptcy bill that has been proposed to the Parliament before an ultimate decision can be made. The bill will also need to undergo translation from Dhivehi to English, he added. The insolvency and bankruptcy […]
The Planning Ministry has stated that public transportation would be encouraged to Vilimale’, even after the completion of the Thilamale’ bridge. In an online meeting with the public to disseminate information about the Greater Male’ Connectivity Bridge, Director-General Shaana Farooq has said that the government’s plan was to minimize disruption to Vilimale’, and keep its […]
Tennis is one of the most popular racket sports in the Maldives. Although several competitions are held, the number of people joining the sports are low compared to other sports actively played in the country. Tennis Association of Maldives (TAM) is an association that is registered under the law on clubs and associations of Maldives. […]
Governor of the Maldives Monetary Authority (MMA), Ali Hashim has stated that the central bank is preparing to allow additional currencies to be used for import transactions, other than the US Dollar. Speaking at a Parliament Committee on Public Accounts, the Governor said that other currencies are being considered as an attempt to reduce demand […]