2 Petrol Stations by FSM to Only Accept Cash Card Payments
Fuel Supply
Maldives (FSM) stated that 2 petrol stations by the company will only accept
cash card payments starting next Monday.
Import Tax Removed from Several Necessities- Will the Prices Decrease?
Maldives Customs Service has announced the removal of import duty on several products used to make necessities. This includes no tax charged...
Revenue Generated by MIRA Decreases by 69.6%
Revenue generated by the Maldives Inland Revenue Authority (MIRA) has decreased by 69.6% for the month of July.
PCB Appoints Mohamed Jaish Ibrahim as Chairman of HDC
Privatization
and Corporatization Board (PCB) appoints Mohamed Jaish Ibrahim as the chairman
of Housing Development Corporation (HDC).
On the 22nd
of November...
MITDC Announces the Resumption of Guesthouse Project in Laamu Baresdhoo
Maldives
Integrated Tourism Development Corporation (MITDC) has announced the resumption
of the guesthouse project, which calls in for the development of 25-59 guesthouses
in Laamu...
3 Reasons Why Experts Doubt Russia’s COVID-19 Vaccine
On 11th August, Russia became the first country
to approve a coronavirus vaccine. President Vladimir Putin announced the Health
Ministry’s approval and said one...
Finance Ministry Amends Income Support Allowance Policy
Finance
Ministry has brought amendments to the income support allowance policy which
has been introduced to support financial assistance for individuals who were negatively
impacted...
NBAM Together with MoT, HDC, HPA and Maldives Police Establishes First PCR Sampling Station...
With the reopening of Maldives' border amidst the COVID-19 pandemic, all the key stakeholders of the tourism industry have been working together...
HSC Maldives Debuts New Showroom
HSC Maldives has opened a new showroom of HSC Euro, in the heart of Male’ City. The showroom is located in G....
5 Eco-tourism Zones to be Established in Addu City
The contract for the establishment of 5 eco-tourism zones in Addu city has been rewarded to the Maldivian government and Addu city...
High-quality Processed Foods by Seagull, Products that Make Your Life Easier
Seagull Foods offers a wide range of processed food products of the highest quality imported directly from renowned Australian manufacturers. From drinks...
Desalination Plants to be Built in 5 Islands Under Chinese Aid
Ministry of National Planning, Housing and Infrastructure has assigned the development of desalination plants with the use of renewable energy resources, in...
Government to Merge GMIZL with HDC
The Government
has expressed interest in merging the Greater Male’ Industrial Zone Limited
(GMIZL) with Housing Development Corporation (HDC).
According to
the...
Encouraging Female Entrepreneurs, MVR 14 Million Loans Disbursed to Women by SDFC
To foster business enterprises, especially for the growth of women entrepreneurship, SME Development Finance Corporation (SDFC) earmarks 25% of its loan portfolio...
Vice President holds Virtual Meeting with Social Ethics Committee
Vice President Faisal Naseem has held a virtual meeting with the members of the Social Ethics Committee to discuss social challenges faced...
MIFCO Introduces Safety Measures for Employees & Customers
The Maldives Industrial fisheries Company, MIFCO has introduced
various COVID-19 safety measures to protect the company’s employees, fishermen
and the public, as the number...
President Solih Appoints Permanent Representative to the UN Office at Geneva
President Ibrahim Mohamed Solih has appointed Dr Asim Ahmed as the Maldives' Permanent Representative to the United Nations Office at Geneva. President...
Fly Safe with Trans Maldivian Airways, Stringent Measures in the New Normal of Air...
Trans Maldivian Airways has added stringent measures in the new normal of air travel, setting industry-leading standards for passengers travelling onboard its...
How Bad is the Dollar Shortage in Maldives?
Like many other countries in the world, the developing economy of Maldives is also facing a dollar shortage. This has resulted in...
Ministry Enables Engagement of Companies Interested in Skipjack Tuna Sales
Ministry of
Fisheries, Marine Resources and Agriculture has enabled the engagement of companies
interested in buying skipjack tuna.
According to the...
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...