Government Revenue Decreases by 43%
In the first
6 months of 2020, government revenue has shown a significant decrease of 43%,
limiting its expenditures.
According...
Are Locals Really Prohibited from Vacationing in Resorts?
Recently, news has spread that the Ministry of Tourism has prohibited locals in the Maldives from going to resorts and other tourist...
Finance Ministry Disburses MVR 13.4 to Million Front-Liners
Finance
Ministry has disbursed over MVR 13 Million to 1045 front line workers who have
been exposed to different levels of risk amid pandemic...
Lotus Introduces OHO Brand Cereals from EU
Lotus has introduced Oho Cereals from the European Union. Oho
products, made with whole grain, are the right choice for your children to
jump-start...
Orca Media Group Launches 6th ed. of Local Island Tourism Magazine
Orca Media Group has launched the sixth edition of Local Island Tourism Magazine. Previously published as the Guesthouses Maldives Magazine, the company...
Watch Your Favourite Channels for Free! DhiraaguTV Announces Limited-time Offer
DhiraaguTV has announced a limited-time offer allowing new customers to apply and watch their favourite channels free for two months.
Get Your Customized Furniture from Gawin Private Limited
Gawin Private Limited specializes in supplying timber products with a wide range of wood, including Mixed Hardwood, Red Meranti, Untreated pinewood and...
Maldives Trade Union Requests Revenue Charges from Imported Goods
Maldives
Trade Union has requested to take revenue charges from goods imported into the
country as a measure to remedy the financial condition of...
Monetizing in Maldives: What Could be the Impacts?
Maldives Monetary Authority (MMA) has revealed that the majority overdraw/monetize of MVR 4.2 billion to cover state expenses has been issued.
9 Things Employers Should Avoid to Improve Resort Employees’ Morale
When I was first-time a HOD, I had difficulties trusting my team. However, now I stay out of my Team’s way and...
Elimination of Tax on Goods Imported for Fishing- Will this Improve Maldives’ Exports?
Maldives Customs has announced that effective from August 1st
2020, there will be no import duty charged on goods imported for Fisheries
Industry. This...
HDC to Introduce Virtual Viewing of Commercial Units in Phase 2
Housing Development
Corporation (HDC) states that the corporation is making arrangements for the commercial
units that are to be leased for businesses in Hiya...
M7 Minivan Promo 2020! Enjoy Special Prices on Printing
M7 Print Minivan Promotion is back for 2020. The local business offering products with the latest printing technology has kicked off their...
Vice President Inspects Work to Improve Malé City Public Transport Service
Vice President Faisal Naseem has this afternoon visited the West Park area and inspected the ongoing project to improve public transport services...
President Solih Congratulates Sri Lankan President After SLPP Victory in Parliamentary Elections
H.E President Ibrahim Mohamed Solih has sent a message of congratulations to the President of Sri Lanka, H.E Gotabaya Rajapaksa, following the...
New Guidelines to be Made for Expatriates Running Businesses in Maldives
Economic
Minister Fayyaz Ismail states that the ministry will gazette a new guideline for
expatriates running businesses in the country, next week.
Could China Become the Largest Economy by 2024?
America and China have reportedly remained as two of
the biggest global economies since 1992. The bold fact is proven by the
statistics published...
For Reliable, High-Quality Fuel Supply: The Hawks Private Limited
A recipient of several awards in fuel supplying, Hawks directly imports and distributes petrol and diesel to any location in the Maldives....
Maldives Economy will Recover from COVID-19 in 2022: Minister Fayyaz
Economic Minister Fayyaz Ismail stated that the Maldives will take approximately 2 years, to recover from the downfalls...
Ooredoo Maldives’ e-Commerce Platform Moolee Celebrates 1 Year
Today, the e-commerce platform Moolee celebrates its successful one year of providing its customers nationwide online shopping experience. Commenced in August 2009,...
MTCC Achieves Quality Management Certificate of ISO
Maldives Transport and Contracting Company (MTCC) has
achieved the quality management system, 9001:2015 certificate issued by the
International Organization for Standardization (ISO).
Tourism Industry Raises Concerns to Welcome Back Travelers
The Maldives has restarted tourism and reopened borders for visitors from all nationalities from 15th July 2020. To...
Will Maldives Achieve the Target of 850,000 Tourist Arrivals?
After welcoming a record-breaking 1.7 million tourist arrivals in the Maldives, the popular tourist destination targeted for 2 million arrivals in 2020....
President Appoints Dr.Abdulla Mausoom as Tourism Minister
Maldives has welcomed Dr. Abdulla Mausoom as the new Minister of Tourism.
President’s Office Spokesperson Ibrahim Hood announced the...
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Russia Tops Maldives Tourism Market as 2025 Arrivals Hit 117,532
The Maldives continues to see a steady rise in tourist arrivals in 2025, with a 9.7% increase recorded during the first 18...
Development Bank of Maldives Rollout Progressing on Schedule, Says Economic Minister
Economic Minister Mohamed Saeed has reaffirmed that the rollout of the Development Bank of Maldives (DBM) is progressing on schedule, despite criticism...
Atmosphere Foundation Celebrates Three Years of Transformative Initiatives
Atmosphere Foundation hosted a celebratory event on 16th January 2025 at the Meermuaa Event and Conference Centre, bringing together donors, project partners,...
Tourism Collaboration Between Maldives and China: Unlocking New Opportunities Under the FTA
The Maldives-China Free Trade Agreement (FTA) offers detailed provisions aimed at fostering tourism collaboration, with a strong emphasis on creating joint ventures,...
Tourist Resorts Expected to Exchange Up to USD 40 Million Under New Currency Law
The Maldives Monetary Authority (MMA) anticipates that tourist resorts will exchange between USD 30 million and USD 40 million from October 2024...
