Business

India’s Afcons Company to receive Malé – Thilafushi bridge project

June 29, 2021, 14:38

Male', Maldives -The major project to build a bridge between the capital Male' city and Thilafushi has been decided to be given to Afcons Infrastructure Limited of India. Local Media outlet… Continued

Preparations to reduce internet prices complete: Dhiraagu & Ooredoo

June 27, 2021, 15:27

Malé, Maldives — Two major telecom companies in Maldives, Dhiraagu and Ooredoo inform that they are prepared to reduce internet prices next month. The government announced in May that internet prices… Continued

MIRA eases tax measures for businesses

June 27, 2021, 11:16

Malé, Maldives –Maldives Inland Revenue Authority (MIRA) has eased massive tax measures for businesses. To give further ease to the businesses considering the difficulties faced due to the ongoing Covid-19… Continued

Avid College inaugurates Avid School of Aviation in Addu City

June 24, 2021, 15:58

Malé, Maldives - Avid College has completed the acquisition of assets of Asian Academy of Aeronautics (AAA) in Addu City and inaugurated the Avid School of Aviation today. The two… Continued

Government aims to reach pre-covid economic status by year-end

June 24, 2021, 11:06

Male', Maldives - Finance Minister Ibrahim Ameer on Thursday, forecasted that the country was on the path to recovery, set to reach 2019's economic positioning as early as by the… Continued

Addu International Airport orders AAA to vacate flying school premises

June 24, 2021, 09:39

Malé, Maldives –  Addu International Airport (AIA) has requested the Asian Academy of Aeronautics (AAA) to vacate the building they use for the flying school in Addu City. The contract between… Continued

Govt to limit entry of major telcos for the next 5 years

June 23, 2021, 11:57

Malé, Maldives —The Government and the two communication companies of Maldives have an understanding, to refrain from giving any new telecommunications companies license to operate in the Maldives for the… Continued

Hiya Flats draw postponed for tomorrow

June 21, 2021, 18:32

Malé, Maldives - Housing Development Corporation (HDC) has announced that the Hiya Flats draw which was scheduled for today, has now been postponed to tomorrow due to a technical issue.… Continued

MPL delays starting ferry services to Atolls

June 21, 2021, 14:46

Malé, Maldives - Maldives Ports Limited (MPL) has postponed starting container ferry services to atolls, which they announced last month. Maldives Ports Limited (MPL) previously revealed plans to begin container… Continued

State to incur MVR 36 billion loss due to Covid-19

June 20, 2021, 15:56

Malé, Maldives — Finance Minister of Maldives, Ibrahim Ameer has informed that the state income is expected to incur a loss of MVR 36 billion due to Covid-19. Speaking at… Continued