Business

Machinery for the Addu Road Development Project arrives in Addu City

September 28, 2021, 15:23

Addu City, Maldives - The machinery required for the Addu Road Development Project has been brought to Addu City this afternoon. Machinery brought for Addu Road Development Project Originally tweeted… Continued

MACL refuses to disclose the salary of upper management

September 25, 2021, 17:29

Malé, Maldives - Maldives Airports Company Limited (MACL) has refused to disclose the salaries of the upper management including CEO and directors, despite order by Information Commissioner's Office (ICOM). ICOM,… Continued

MTCC launches high-speed ferry for Integrated National Public Ferry Network

September 25, 2021, 15:24

Malé, Maldives - The first high-speed ferry for the Integrated National Public Ferry Network has been launched today. Phase 1 of the Integrated National Public Ferry Network was contracted to… Continued

EXIM Bank of India provides MVR 3.4 billion in loans for FDC Hulhumalé housing projects

September 23, 2021, 16:14

Malé, Maldives - At a virtual ceremony held today, Fahi Dhiriulhun Corporation (FDC) and two Indian companies NBCC and JMC Projects signed loan agreements to develop of 4000 Social housing… Continued

Minimum wage determination delayed until further notice

September 23, 2021, 15:45

Malé, Maldives - The Secretary-General of the Wage Advisory Board Mauroof Zahir has today said that it is unlikely that minimum wage can be determined as early as next week.… Continued

State expenditure at MVR 20 billion

September 22, 2021, 16:46

Malé, Maldives - Finance Ministry, today, released a report revealing that the cumulative state expenditure for the period, 01 January to 16 September is MVR 20.2 billion while the state… Continued

Minimum wage determination delayed to tomorrow

September 22, 2021, 15:36

Malé, Maldives - The Wage Advisory Board of Maldives has postponed the meeting to decide the minimum wage to tomorrow. The meeting which was scheduled to be held today has… Continued

Ooredoo Maldives signs on as title sponsor for SAFF Championship 2021

September 21, 2021, 16:25

Malé, Maldives - Ooredoo Maldives on Monday announced that the telco has signed on as the Title Sponsor of the SAFF Championship 2021. With this, the championship will be titled… Continued

JUST IN: Avid College cancels agreement with AAA

September 18, 2021, 16:38

Malé, Maldives - Avid College, today, cancelled lease agreement with Asian Academy of Aeronautics (AAA). While Avid College signed an agreement with AAA to run the flying school located in… Continued

Bill submitted to Parliament to regulate migrant-run businesses

September 16, 2021, 17:40

Malé, Maldives - MP for Kurendhoo constituency Abdul Ghani Abdul Hakeem has submitted a bill to prevent migrant-run businesses behind the screen of Maldivians. The amendment proposal to the Business… Continued