Business

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

Maldivian pilots end protest after discussions with management

March 5, 2021, 17:17

Malé, Maldives - Seaplane pilots of the national carrier of Maldives, Maldivian have ended their protest after discussing the issues with the management. According to Maldivian, the airlines management had… Continued

Corruption allegations are planned defamation attempts

March 5, 2021, 10:11

Malé, Maldives - FENAKA - the biggest utilities company in Maldives has said that the corruption allegations against the management of the company are planned attempts to defame the company… Continued

Grace period for BML Covid-19 loans extended

March 4, 2021, 17:16

Malé, Maldives – The repayment period of Covid-19 assistance loans issued through Bank Of Maldives (BML) has been extended by the Ministry of Finance. Loans launched with an initial grace… Continued

Shangri-La’s Villingili Resort and Canareef Resort expected to reopen this year

March 4, 2021, 09:57

Addu City, Maldives - At a meeting with the Addu Development Committee (ADC), Tourism Minister Abdulla Mausoom today has said that two resorts in Addu that have been closed for… Continued