MIFCO Holds Discussions with JETRO Representative to Explore Partnership Opportunities
JETRO, the governmental organization responsible for promoting trade and investment between Japan and the world, is exploring partnership and collaborative opportunities with Maldives Industrial Fisheries Company (MIFCO).
Mr Hiroki Oi, the Resident Representative of JETRO Colombo, recently met with Ismail Fauzee, the CEO of MIFCO, and members of the company's executive committee to...
5 Good Financial Habits to Help Make Positive Changes for Your Future
As the old saying goes, “the best time to plant a tree was 20 years ago, and the second-best time is now.” The same applies to our finances: the decisions we make today can significantly impact our financial future, so it’s never too early or too late to cultivate good financial habits.
As we...
Tourist Arrivals in Maldives Surpass 500,000 So Far This Year!
Statistics publicised by the Tourism Ministry show that Maldives has recorded over 500,000 tourist arrivals so far this year.
The statistics show that the Maldives saw a total of 1,675,303 tourist arrivals last year, of which 409,426 tourists arrived as of 26th March 2022. The number of tourist arrivals this year stands at 500,597....
Government Begins the Dredging of Thilafushi Phase 2 Area C
The government has commenced the second phase of land dredging in accordance with the Thilafushi Master Plan.
On March 27th, the dredging of 20 hectares of land in Area C of Thilafushi Phase 2 began, with Capital Marine and Civil Construction Company Pvt Ltd winning the contract for the...
Maldivian Announces Discounted Flights to Cochin and Trivandrum
National flag carrier, Maldivian has announced a promotion offering a discounted fare for flights to two Indian destinations: Cochin and Trivandrum.
The promotion provides a discount of over 50% on tickets for these destinations, and booking for the tickets is open until the end of March. The tickets under this promotion will be...
SDFC Disburses USD 77.8 Million in Loans to SMEs Empowering Over 500 Businesses
To date, the SME Development Finance Corporation (SDFC) has disbursed loans totalling USD77.8 million to small and medium enterprises (SMEs). The corporation has witnessed a surge in the number of businesses applying for loans, leading to the approval of 1,200 loans and the disbursement of 1,100 loans. SDFC has granted loans to over 500 SMEs and other...
LRA Opens Submission of Complaints Regarding Non-Receipt of Ramadan Benefits
The Labour Relations Authority (LRA) is currently accepting public complaints regarding the non-receipt of Ramadan benefits in compliance with the Employment Act.
As per the act, every Muslim employee should receive USD195 prior to the commencement of Ramadan. The LRA has noted instances in the past where employers failed to disburse the benefits...
MoU Signed Between the Maldives and Korea on Cooperation in the Field of Tourism
A Memorandum of Understanding (MoU) on cooperation in the field of tourism was signed between the Government of Maldives and the Government of the Republic of Korea.
The MoU was signed during the visit of a Special Envoy and representatives of the Korean government to the Maldives on 22nd March 2023 at the Ministry...
CFO Nizam Takes Over STO Temporarily After Amr’s Dismissal
Managing Director of State Trading Organization (STO), Hussain Amr Mohamed Rashad was dismissed from his post on Sunday. In his stead, the Chief Financial Officer of STO, Mohamed Nizam has been appointed as interim head.
Nizam boasts over 12 years of experience with STO, having been appointed to the STO Board in 2020...
Kalhu Odi Restaurant Unveils Mouthwatering Iftar Menu for Ramadan 2023
As the holy month of Ramadan approaches, Kalhu Odi Restaurant has unveiled its exquisite Iftar menu for 2023. The restaurant, known for its exceptional culinary offerings, has created a menu that is sure to delight diners during the month-long fasting period.
The menu features a wide variety of dishes, ranging from traditional Maldivian delicacies...
Kudagiri to Offer Special Packages for Ramadan
Housing Development Corporation (HDC) has announced that during the month of Ramadan, Kudagiri Picnic Island will be offering special Iftar buffet packages.
Those interested in partaking in the buffet must reserve in advance, but individuals are also welcome to bring their own food for Iftar on the island.
HDC...
Bangladesh High Commission in Maldives Celebrates 52nd Independence and National Day
The Bangladesh High Commission in Maldives celebrated the 52nd Independence and National Day of Bangladesh on March 26th at the Chancery in Hulhumale. During the event, H.E. Rear Admiral S M Abul Kalam Azad raised the national flag while the national anthem of Bangladesh played in the background. All employees of the High Commission and the Bangladesh...
Sun Siyam Iru Fushi Announces New Additions to Its Management Team
Sun Siyam Iru Fushi has announced the promotion of Ahmed Ali (Adu) from Assistant Director of Sales & Marketing to Director of Sales and Marketing and welcomes Florante Abuton Jr. to the team as Assistant PR & Communications Manager.
Based on the property, Adu has been a key component of the hotel's sales and marketing team...
Win a ‘Midea’ Mega Home Pack Every Week with Dhiraagu Bodu Hadhiya!
For this year’s Ramadan, Dhiraagu has announced a weekly ‘Bodu Hadhiya’ giveaway for their customers.
Under this promotion, four lucky winners will be chosen each week from all active Dhiraagu Prepaid, Postpaid, Mobile Broadband and Fibre Broadband customers, who will win a ‘Midea’ mega home pack. Each pack includes useful home appliances such as...
Ahmed Gais Appointed HDC’s Deputy Managing Director
Ahmed Gais, who previously held the position of Vice President at the Maldives Broadcasting Commission (Broadcom), has now been appointed as the Deputy Managing Director at the Housing Development Corporation (HDC).
The vacancy for this role arose on September 4th of last year when the former DMD, Ahmed Athif, was promoted to the...
Indulge in Corporate Iftar Offerings at these 5 Exquisite Dining Outlets this Ramadan
During the holy month of Ramadan, there are various dining options available for those seeking to partake in a delectable Iftar experience for corporate gatherings.
The luxe Maagiri Hotel and Champa Central Hotel, as well as the diverse offerings at CROSSROADS Maldives, JEN Maldives Malé by Shangri-La, and High Tide Restaurant, cater to a...
Maagiri Hotel Presents an Irresistible Iftar Menu for Ramadan 2023
Maagiri Hotel is welcoming guests with a tantalising Iftar menu this Ramadan 2023. With a variety of local and international dishes, the hotel has curated a menu that promises to satisfy every palate.
From the first day of Ramadan, guests can indulge in local delicacies such as short eats and a variety of Mashuni...
MTCC Provides Update on GA. Villingili Harbour Development Project
Maldives Transport and Contracting Company (MTCC) has provided an update on the GA. Villingili Harbour Development Project.
According to MTCC, the project is currently well underway. New harbour dredging work has currently reached 45% completion, and quay wall block installation work has commenced.
Scope of works includes dredging and excavation operations...
Dhiraagu Ramadan Campaign Focuses on Appreciating our Mothers
Every year, Dhiraagu introduces a special social theme for the month of Ramadan. This year, the Dhiraagu Ramadan campaign focuses on appreciating mothers, celebrating them, and further strengthening our relationships with them.
In hand with the theme, the company has released their first Ramadan film, named “Loabi” (love), which focuses on celebrating the special place...
BML Announces Cashback Promotion for Transactions Made on all American Express Cards
Bank of Maldives has launched a new promotion for its American Express cardholders. Customers can shop or pay for the services with BML-issued American Express Debit or Credit cards and stand a chance to win back the amount spent.
All local transactions processed via American Express cards are eligible for the lucky draw. Every...
MPL to Handover Hiyaa Flats in April
According to the CEO of Maldives Ports Limited (MPL), Shahid Ali, the Hiyaa flats in Hulhumale' Phase II will be handed over to employees in April.
The project had experienced delays due to ongoing work by the contractor, but preparations for the handover are now in their final stages. Work on the stairs...
The President Ratifies the First Amendment to the Maldives Police Service Act
President Ibrahim Mohamed Solih ratified the first amendment to the Maldives Police Service Act (Law No. 34/2020) on Wednesday. Parliament passed the bill on Tuesday, March 20, 2023, at the 19th sitting of its first session this year.
The bill revises Sections 17 and 100(g) of the law. Section 17 of the legislation governs...
Allied and Ayady’s Moto Comprehensive Plan is Online with a Ramadan Promotion
Allied Insurance, the most experienced insurance company in Maldives, offers motor insurance services for road vehicles. They have two plans, the government-mandated "Third Party Moto" and the "Comprehensive Moto" plan. The former covers damage to third party and their vehicle caused by an accident, and can be purchased online. Meanwhile, the latter, which provides full coverage for...
Maldives to Receive USD 300 Million in Grants This Year
According to Minister of Finance Ibrahim Ameer, the Maldives is set to receive USD300 million in grants this year, which is double the anticipated amount. Minister Ameer made this statement in response to questions at the Maldives Parliament.
During the parliamentary session, Minister Ameer expressed confidence in the government's ability to secure this sum,...
LATEST ARTICLES
MIFCO Holds Discussions with JETRO Representative to Explore Partnership Opportunities
JETRO, the governmental organization responsible for promoting trade and investment between Japan and the world, is exploring partnership and collaborative opportunities with...
5 Good Financial Habits to Help Make Positive Changes for Your Future
As the old saying goes, “the best time to plant a tree was 20 years ago, and the second-best time is now.”...
Tourist Arrivals in Maldives Surpass 500,000 So Far This Year!
Statistics publicised by the Tourism Ministry show that Maldives has recorded over 500,000 tourist arrivals so far this year.
Government Begins the Dredging of Thilafushi Phase 2 Area C
The government has commenced the second phase of land dredging in accordance with the Thilafushi Master Plan.
Maldivian Announces Discounted Flights to Cochin and Trivandrum
National flag carrier, Maldivian has announced a promotion offering a discounted fare for flights to two Indian destinations: Cochin and Trivandrum.
