Business

RTL minibus service launched in Malé City, first two weeks free!

September 5, 2022, 08:31

Malé, Maldives - Minibus service by Raajje Transport Link (RTL) has officially commenced in the capital Malé City today onward. Raajje Transport Link (RTL) operated by the Maldives Transport and… Continued

Debris from Vilimalé reef removed

September 5, 2022, 07:40

Vilimalé, Maldives - Underwater debris left by self-elevating bridge platform which got grounded at Vilimalé reef area has been completely removed by AFCONS Infrastructure. According to AFCONS, the contractor for… Continued

Former President Yameen to sue Bank of Maldives

September 3, 2022, 13:02

Malé, Maldives - Former President Abdulla Yameen Abdul Gayoom has announced that he will take legal action against Bank of Maldives to get USD 1 million withheld in an escrow… Continued

Grounded bridge platform removed after 12 days

August 27, 2022, 15:28

Malé, Maldives - AFCONS Infrastructure has removed the grounded self elevating bridge platform from Vilimalé reef today. The bridge platform which was brought in for geo-technical studies of the Thila-Male'… Continued

Discussions for cruise ship terminal project in Addu City carried out

August 24, 2022, 12:06

Malé, Maldives - Ministry of Tourism and Addu City Council have carried out discussions to develop a cruise ship terminal in Addu City. Discussions regarding the project was carried out… Continued

Transparency Maldives raises concern over ACC’s decision on ventilator corruption case

August 23, 2022, 14:36

Malé, Maldives - Transparency Maldives has raised their concern over Anti Corruption Commission of Maldives decision to file the corruption cases of eight individuals concerning the purchase of ventilators during… Continued

MMA lifts Western Union suspension

August 19, 2022, 13:23

Malé, Maldives - Ten days after Maldives Monetary Authority (MMA) suspended the Payment Service Providers License (No. PSP/2022/03) issued to Island Financial Services Pvt. Ltd. for the provision of Remittance… Continued

Fuel prices slashed by STO

August 18, 2022, 07:16

Malé, Maldives - State Trading Organization (STO) has lowered the selling price of both petrol and diesel. The price of petrol has been lowered from MVR 16.55 to MVR 15.99… Continued

India grants Maldives duty-free fish exports

August 17, 2022, 16:28

Malé, Maldives - The Government of India on Wednesday cancelled the duty on fish exported from the Maldives to India. This exception was granted under the Maldives' inclusion in the… Continued

MMA suspends license halting Western Union services

August 13, 2022, 11:44

Malé, Maldives - Maldives Monetary Authority has suspended the Payment Service Providers License (No. PSP/2022/03) issued to Island Financial Services Pvt. Ltd. for the provision of Remittance Service in the… Continued