Business

Attempting to manage state expenditure by printing money will destroy financial systems: Opposition

April 25, 2021, 14:10

Malé, Maldives - Opposition Coalition has stated that the incumbents government's attempt to manage state expenditure by printing money is a way to destroy the financial system of the country.… Continued

Kooddoo Complex to buy only 4 tons of tuna per vessel until April 28

April 25, 2021, 12:58

Malé, Maldives - Maldives Industrial Fisheries Company Limited (MIFCO) has announced that they would only be able to buy 4 tons of tuna from each fishing vessel until April 28,… Continued

Parliament approves to extend overdraw period

April 25, 2021, 12:01

Malé, Maldives - Parliament of Maldives has passed to approve the government’s request to extend the overdraw period for the Public account in Maldives Monetary Authority (MMA) by an additional… Continued

People implicated in MMPRC case cannot run in internal elections: MDP

April 25, 2021, 11:53

Malé, Maldives - Maldivian Democratic Party’s (MDP) national steering committee has passed to not allow people implicated in the MMPRC grand corruption scandal and those accused of criminal acts by… Continued

Discussions begin regarding Indian tourist arrivals as pandemic escalates in India

April 25, 2021, 10:51

Malé, Maldives – As the pandemic has worsened in India, Tourism Minister Dr. Abdhulla Muasoom has stated that discussion regarding tourist arrivals from the country are ongoing with relevant authorities. In… Continued

Transit tourist are crucial part of tourism market: Minister Mausoom

April 23, 2021, 18:04

Malé, Maldives - Minister of Tourim, Dr Abdulla Mausoom has said that short stay and long stay transit tourist are a crucial part of the Maldivian tourism market. Tweeting in… Continued

Flats to be developed in two locations of Malé City

April 23, 2021, 14:59

Malé, Maldives - Fahi Dhiriulhun Corporation (FDC) has announced for invitations for proposals for “Development of Mixed Residential Buildings” in Malé City. According to FDC, a 14 floor (45m) apartment… Continued

MVR 15 million to be paid to Mandhu College

April 22, 2021, 22:28

Malé, Maldives - Civil Court has ordered Government of Maldives to pay MVR 15 million to Mandhu College as a compensation for cancelling the agreement to lease Malé English School… Continued

Parliament leaves governments request for overdraw period extension in limbo

April 20, 2021, 22:09

Malé, Maldives – The state's request to extend the overdraw period for the Public account in Maldives Monetary Authority (MMA) has been left out in Parliament after no decision was made… Continued

Govt. requests to extend MVR 4.4 billion overdraft period

April 19, 2021, 11:56

Malé, Maldives - Finance Minister Ibrahim Ameer has requested to extend the overdraft period for the MVR 4.4 billion extended to the government by Maldives Monetary Authority (MMA) bypassing Article… Continued