Business

MNU & Island Aviation establish a company to operate Addu flying school

October 14, 2021, 11:27

Malé, Maldives - Island Aviation (IAS) and Maldives National University (MNU) today signed a Memorandum of Understanding (MOU) to form a joint venture company to establish a Flight Training School… Continued

JUST IN: First 20 ambulances by STO arrive in Malé

October 13, 2021, 17:48

Malé, Maldives - STO states that the first shipment of ambulances to be brought to the Maldives under the MOU between the company and the government have arrived in the… Continued

September 2021 revenue increase by 133.5 percent from last year

October 12, 2021, 18:47

Malé, Maldives – Maldives Inland Revenue Authority (MIRA) reveals that the revenue collected for September 2021 is 133.5 percent compared to September 2020. MIRA states that this is mainly due… Continued

Addu flying school to reopen with a European academy in December 2021

October 10, 2021, 16:47

Malé, Maldives - The President of Maldives Ibrahim Mohamed Solih has said that the Addu flying school will be reopened under the joint venture between Maldives National University (MNU), Island… Continued

IMF cautions Maldives against central bank financing of the government

October 9, 2021, 16:54

Unites States - The Executive Board of the International Monetary Fund (IMF) have cautioned cautioned against central bank financing of the government and encouraged developing a comprehensive debt management strategy,… Continued

Economic Minister to approve minimum wage next week

October 6, 2021, 16:39

Malé, Maldives - The Maldives Ministers of Economic Development Fayyaz Ismail Fayyaz Ismail has said that the minimum wage will be approved next week without any changes to the figures… Continued

MMPRC Corruption: Transparency Maldives condemns non-prosecution agreement with SOF

October 4, 2021, 18:49

Malé, Maldives - Transparency Maldives on Monday condemned the non-prosecution agreement made between the Prosecutor General's Office (PGO) and Scores of Flair (SOF), a private company implicated in the Maldives… Continued

Maldives reiterates commitment to exploring further avenues of cooperation with Saudi Arabia

September 29, 2021, 16:30

Malé, Maldives - Minister of Defence Mariya Didi has reiterated Maldives’ commitment to exploring further avenues of cooperation with Saudi Arabia, especially in the Defence and Security domain, and pledged… Continued

Maldives Economic, Finance Ministers discuss economic relations during official visit to Qatar

September 29, 2021, 15:49

Doha, Qatar - A high level delegation from Maldives, including the Finance and Economic Ministers, have met with several Qatari counterparts in an official visit to enhance Qatar-Maldives bilateral relations.… Continued

Minimum wage determination delayed until October 10

September 29, 2021, 15:21

Malé, Maldives - The minimum wage determination has been rescheduled again, with the target date set for 10 October 2021. Speaking to local news Dhauru, the Chairman of the Wage… Continued