Dollar rate drops to MVR 17.80 amid tourism sector tax payments
Male', Maldives - Dollar exchange rate in Maldives decreases by a great extend to MVR 17.80 due to exchanging dollars for tax payment in the tourism sector. While Maldives is… Continued
Business
MIRA collects MVR 624 million as revenue in July 2021
Male’, Maldives - Maldives Inland Revenue Authority (MIRA) reveals that they have collected MVR 624.07 as revenue in July 2021, including all USD collections. The monthly revenue collection report states that… Continued
Malaysian company files lawsuit against Maldives govt for failure to pay costs
Malé, Maldives - WZR Property Sdn Bhd group has filed a lawsuit against the government, for failure to make a payment of USD 22 million owed for the work done… Continued
Cochin ferry to transport cargo from Sri Lanka to Maldives
Male', Maldives - Government of India grants permission for Cochin ferry to transport cargo from Sri Lanka to The Maldives. Speaking to local media outlet Sun, Managing Director of Maldives… Continued
Resort Life Maldives plans to charter flights between Gan-Russia
Resort Life Maldives revealed plans to charter flights between Gan International Airport and Russia. The flights will facilitate bringing tourists from Russia to the resorts and other tourist establishments directly… Continued
Government uses Olympus and Velana as assets to procure MVR 350 million
Male', Maldives - The government of Maldives has for the first time held buildings Olympus and Velanaas assets to issue an Islamic T bill for MVR 350 million. The MVR… Continued
Aqua Vita Residences: The Luxury Home Owner’s Dream in Hulhumalé
Malé, Maldives - Aqua Vita Residences introduce the premium luxury dream homes in Hulhumalé with splendid exterior and interior work of 98 exquisite apartments, spread over 14 floors. Planning on… Continued
VIA sees 23% decrease in International Air Traffic Movements
Male', Maldives - Velana International Airport (VIA) saw a decrease of 49% in Air Traffic Movements (ATMs) from this year January till June compared to the same period in 2019.… Continued
Covid-19: 80 percent of resort employees fully vaccinated!
Malé, Maldives - Tourism Ministry of Maldives has announced that 80 percent of resort employees were fully vaccinated against Covid-19, while 97 percent have received their first dose as of… Continued
Addu City Mayor blames G K Developments Pvt Ltd for delay in road development
Addu City, Maldives - Mayor of Addu City, Ali Nizar has criticized G K Developments Pvt Ltd, which is responsible for the development of major roads of Addu City for… Continued
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