Business

Maldives Gas corruption: DMD was informed of refurbished cylinders

March 13, 2021, 14:11

Malé, Maldives – Former procurement manager of Maldives Gas, Ahmed Soodh Farooq has said that Deputy Managing Director (DMD) of Maldives Gas at the time, Ali Ikram was informed that the company… Continued

Over 220,000 tourist arrivals recorded till date in 2021

March 11, 2021, 20:08

Malé, Maldives – The Maldives, with in just three months, has welcomed more than 220,000 tourists to the country during the year 2021. According to the latest statistics released by the… Continued

Community initiatives carried out in over 100 islands by BML in 2020

March 11, 2021, 18:53

Malé, Maldives - Bank of Maldives (BML) has announced that the bank had carried out various community initiative projects in over 100 islands of the Maldives in 2020. BML had… Continued

New Happy Market outlet opens in Hithadhoo

March 11, 2021, 16:16

Addu City, Maldives - Nationwide import and distributor, Happy Market, has opened a new outlet close to Ramadan in Hithadhoo, Addu City. The Managing Director of Happy Market inaugurated the… Continued

Maldives tourism will return to pre-COVID-19 levels by end of 2021: Champa Afeef

March 10, 2021, 19:36

Malé, Maldives - One of the founders of the Maldivian tourism industry, Hussain Afeef (Champa Afeef) has said that Maldives tourism industry is expected to bounce back to pre-Covid-19 levels… Continued

SDFC defers recovery loan repayment by 6 months

March 10, 2021, 18:47

Malé, Maldives - The Finance Ministry of Maldives has decided to extend the grace period of the Covid-19 recovery loans awarded via SME Development Finance Corporation (SDFC), by six months.… Continued

Fly to Maldives with Emirates for Easter holidays!

March 10, 2021, 13:10

Dubai, UAE – Emirates has announced increase in weekly flights to Maldives and Seychelles ahead of Easter break. While the two countries are famous holiday destinations, Emirates intends to hold… Continued

Maldives Gas DMD resigns amid corruption and sexual harassment allegations

March 10, 2021, 10:48

Malé, Maldives – Deputy Managing Director of Maldives Gas Ali Ikram, who has been suspended following sexual harassment case after a female employee has resigned last night. His resignation comes after a major… Continued

ACC investigates Maldives Gas corruption scandal

March 6, 2021, 17:39

Malé, Maldives - Anti Corruption Commission (ACC) has begun investigations into the accusations that Maldives Gas was involved in a major corruption scheme regarding the supply of oxygen cylinders to… Continued

Velaa Private Island staffs receive USD 3,055 as February service charge

March 5, 2021, 20:05

Malé, Maldives - Velaa Private Island has distributed USD 3,055 (MVR 47,108) per person as February 2021 service charge for their staffs. While Velaa distributed USD 3,055 in February, they… Continued