Business

SriLankan Airlines crowned World’s Leading Airline in the Indian Ocean

November 28, 2020, 19:00

Colombo, Sri Lanka - SriLankan Airlines has been crowned as the World's Leading Airline in the Indian Ocean at the prestigious 27th World Travel Awards. SriLankan won the category of… Continued

Ooredoo partners with Islamic Bank to provide installments on phones and accessories

November 26, 2020, 22:37

Male’, Maldives - In a statement earlier today, Ooredoo Maldives announced a partnership with Maldives Islamic Bank, enabling installment payment services to customers for handsets and accessories. According to the… Continued

Elon Musk exceeds Bill Gates to become world’s second richest man

November 25, 2020, 20:21

Los Angeles, United States – The business magnate, industrial designer and engineer, Elon Musk beats Microsoft founder, Bill Gates and takes over the title of the second richest man on… Continued

MIFCO and Felivaru should be closed: Nasheed

November 25, 2020, 09:29

Male'. Maldives - Former President and Current Speaker of Parliament Mohmad Nasheed said today that it has always been observed that the Maldives Industrial Fisheries Company (MIFCO) should be dissolved,… Continued

2021 Budget increased by MVR 134 Million

November 24, 2020, 19:45

Male', Maldives - Earlier today, the Parliamentary Budget Committee has passed the budget for 2021 at MVR 34.9 billion, after an increase of MVR 134 million. The Finance Ministry of… Continued

Home based food vendors also need to pay taxes: Minister Fayyaz

November 20, 2020, 21:15

Malé, Maldives — Minister of Economic Development Fayyaz Ismail has said that individuals working at home, or home based workers are also required to pay business taxes. Covid-19 has seen… Continued

No ban on Maldive fish products in Sri Lanka: Shahid

November 20, 2020, 12:30

Male’, Maldives – The Maldivian Government has said that the Government of Sri-Lanka has informed them that Maldivian fish products face no restriction for export to Sri-Lanka. This statement comes… Continued

Don’t have money to pay staffs salaries: Qasim

November 20, 2020, 12:22

Male’, Maldives – Qasim Ibrahim, chairman and founder of Villa Group has said that Villa employees had a large salary deduction in April due to COVID-19 as the company did… Continued

Hoarafushi Airport officially opened

November 20, 2020, 10:15

Hoarafushi, Maldives - The newly developed airport at Haa Alif. Hoarafushi, an island located in the southern most atoll of the Maldives, has officially been opened by the President of… Continued

Government’s financial decisions will decrease MVR value MP Ghassan

November 19, 2020, 22:37

Male’, Maldives – Progressive Party of Maldives (PPM) Vice President and Member of Parliament for Th.Guraidhoo Constituency Mohamed Ghassan Maumoon said that the financial policies set by the government can only result… Continued