Aasandha’s New Medication Policy to Save Maldives MVR 300 Million Annually

Aasandha has announced that the bulk purchasing of European quality medications is expected to save the country MVR 300 million annually in...

President Meets with NBAM Exco Members, Discusses Development of Boating Industry

President Ibrahim Mohamed Solih on Tuesday met the executive committee members and senior officials of National Boating Association of Maldives (NBAM) and...

Sri Lanka is Drowning in Debt. Could Maldives Be Next?

Sri Lanka has defaulted on its debt for the first time in its history as the country grapples with its worst financial...

Lotus Fihaara to Import Wide Ranges of Disinfectants

Lotus Fihaara has announced that they will be introducing wide range of disinfectants to the Maldives. This was revealed in a tweet...

Tourism Sector to Increase 1,300 Beds in 2020 – President

President Ibrahim Mohamed Solih has announced that tourism sector will increase 1,300 beds in 2020. Addressing the nation at...

Fitzone MD Ahmed Riyaz Explains the Importance of Returning to Gym Post Lockdown

The lockdown brought in a lot of disruption to a carefully crafted routine for many people. One consistent feature for many was...

Coco Collection Celebrates Earth Hour by Launching Plastic Collection Scheme

As part of Coco Collection's commitment to show support for a greener earth, their exquisite island resorts Coco Bodu Hithi and Coco...

Waldorf Astoria Maldives Ithaafushi set to Open in July 2019

Waldorf Astoria Maldives Ithaafushi is set to open in July 2019. The resort is only a 30 minute ride away from Velana...

Maldives Usable Reserves Drop to USD 91 Million

Maldives' financial reserves have experienced a significant downturn, as the latest figures from the Maldives Monetary Authority (MMA) indicate a sharp decline...

USAID to Establish Permanent Country Office in Maldives

USAID Administrator Samantha Power has established a permanent USAID Country Office in Maldives in collaboration with Congress. This move is part of...

National Carrier, Maldivian Reports Loss of MVR 110 Million

National carrier, Maldivian operated by Island Aviation Services has reported a loss of MVR 110 million. Statistics of Privatization...

Domestic Electricity Consumption to Increase with Confinement

The government has imposed a 14-day lockdown amid the community spread of COVID-19 in the Greater Male’ area. Consequently, there is a...

GCC to witness ‘sharp’ slowdown in 2017 – research

All six GCC economies will experience a “sharp” slowdown this year and over 2017, although the UAE and Qatar will outperform the others, according...

Government to Open Application for Loan Under Relief Plan

The COVID-19 pandemic has caused a global crisis, and to help businesses in the Maldives, the government has initiated a relief plan....

Over MVR 3 Billion Received as Tourism GST

Maldives Inland Revenue Authority (MIRA) has revealed that the state received MVR 3 billion as Tourism GST by the end of June....

Maldivian Resumes Flights Between Hanimaadhoo and Trivandrum

Maldivian, the national airline of the Maldives, announced yesterday that flights from Hanimaadhoo International Airport to Trivandrum, India will be available again;...

The Administration’s Latest Developments Briefed to the Medias

Spokesperson at the President’s Office, Miuvaan Mohamed, on Thursday briefed the local media on the latest developments of the administration, at a...

World Bank Approves USD 64.8 Million Project to Boost Fisheries Competitiveness in Maldives

The World Bank’s Board of Executive Directors has approved a $64.8 million project to strengthen regional fisheries management in the South-West Indian...

USD 50 Million Paid as Foreign Debt

Ministry of Finance has revealed USD 50 million (MVR 777 million) has been paid as foreign debt. As per...

Adidas Invites World to run for the Oceans

Adidas, in an Instagram post has invited the world to join in on their initiative with Parley called RunForTheOceans in order to...

2 resorts in the Maldives have received World Luxury Awards

The 12th Luxury Hotel awards function was held in Bali, Indonesia in Ayana Resort and Spa. In this function, 2 resorts run...

Mariyam Waheeda Appointed as Brand Ambassador of Maldives Wave

Maldives Wave has decided to go with Maryam Waheeda as their brand ambassador. This is due to her success as media personnel...

MMPRC Markets the Maldives at World Travel Market Africa 2022

Maldives Marketing and Public Relations Corporation (MMPRC / Visit Maldives) has initiated marketing the destination at the leading global tourism event held...

JAUSA Constructions, A Pioneer in the Construction Industry of Maldives

JAUSA Constructions is one of the most renowned construction companies in the Maldives. The successful construction company has been in the industry for more...

LATEST ARTICLES

Rtd Major Mohamed Najah Appointed Managing Director of FENAKA

The state-owned utility provider FENAKA Corporation has appointed retired Major Mohamed Najah as its new Managing Director. The announcement was made by...

Russia Appoints First Consul General to the Maldives

Aleksei M. Idamkin has officially assumed his position as the first Consul General of the Russian Federation to the Maldives. The historic...

Maldives-China Free Trade Agreement Set to Reshape Bilateral Trade Dynamics

The Maldives-China Free Trade Agreement (FTA), signed in December 2017, is set to become effective on January 1, 2025. The agreement, which...

Fenaka Managing Director Steps Down Amid Financial Challenges

Muaz Mohamed Rasheed has resigned from his role as Managing Director of Fenaka Corporation, citing insurmountable financial and operational difficulties. The resignation...

Maldivian Expands to China and Eyes European Destinations

Maldivian, the national carrier of the Maldives, is set to expand its global reach by launching direct flights to three key cities...
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