Government refuses to disclose vaccine deal value
Malé, Maldives – Ministry of Health has refused to disclose the value of a deal with Singaporean company to purchase 700,000 doses of Covid-19 vaccines for Maldives. Local news outlet… Continued
Business
Ooredoo AGM to be held on March 2nd
Malé, Maldives - Ooredoo Maldives Plc has announced that their Annual General Meeting for the year 2020 is scheduled to be held on March 2nd. The meeting is to be… Continued
MVR 809 million in Green Fund at the end of 2020
Malé, Maldives - Statistics released by the Finance Ministry show that the balance in Green Fund at the end of 2020 to be MVR 809 million. According to the records,… Continued
Are global economies de-dollarizing?
De-dollarization is a global trend in which currencies other than the US dollar are used in trading commodities such as oil and gas, purchasing US dollars for foreign exchange reserves… Continued
MVR 1.7 Billion collected in revenues during January 2021
Malé, Maldives - Maldives Inland Revenue Authority has said that the authority had collected MVR 1,786,971,799.48 (USD 115,886,627.72) in January 2021 as revenue. According to MIRA, this is 1.2 percent… Continued
Enter STO Ramadan Bazaar lucky draw and win amazing prizes
Malé, Maldives - State Trading Organisation (STO) has begun a lucky draw today, as part of its Ramadan Bazaar Promotion offering customers the chance to win expensive prizes. STO revealed… Continued
Starlink – Pre-orders open for Elon Musk’s satellite internet
Washington State, U.S.A. - SpaceX has opened up pre-orders for its Starlink satellite internet service, and Maldives is expected to receive coverage in 2022. Inputting both Malé and Addu City Plus Codes in… Continued
Action to be taken against foreign investors who don’t abide by FDI policy
Malé, Maldives - Ministry of Economic Development has announced that the ministry would take action against foreign investors who do not abide by the Foreign Direct Investment (FDI) policy of… Continued
Ooredoo Maldives approves a dividend of MVR 2.34 per share for 2020
Malé, Maldives - Ooredoo Maldives Plc has announced that the Board of Directors of the company has approved to recommend to the Shareholders’ for approval, a dividend of MVR 2.34… Continued
Maldives breaks record of the highest daily tourist arrivals into the country in 2021
Malé, Maldives – With 4,373 tourist arrivals, The Ministry of Tourism has said that the 7th of February has set the record for the highest number of tourist arrivals in… Continued
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