Business

Employ more Maldivians at resorts : Nazil

November 19, 2020, 15:45

Male', Maldives - Member of Parliament for Hithadhoo Constituency Ibrahim Nazil has called for resorts to employ more Maldivians, rather than bringing in foreign employees. Speaking at Parliamentary sitting discussing… Continued

Can’t afford China’s debt even if our grandmother’s jewelry are sold: Nasheed

November 18, 2020, 18:29

Malé, Maldives — The former President of Maldives and the current Speaker of the Parliament, Mohamed Nasheed says that Maldives will not be able to repay the debt owed to… Continued

Ongoing IMTM will open new avenues for stakeholders: Minister Mausoom

November 18, 2020, 12:41

Male', Maldives - Speaking at the opening of the biggest travel market in the Maldives, International Maldives Travel Maldives (IMTM) for the year 2020, the Tourism Minister of Maldives, Dr.… Continued

Ooredoo launches first commitment based prepaid plan in Maldives

November 17, 2020, 19:33

Male', Maldives - Ooredoo Maldives has launched the first commitment based prepaid plan in Maldives, “Aachaa Prepaid” with monthly benefits for twelve months, six months and three months. The company… Continued

Opposition should be ashamed to talk about debt: Nasheed

November 17, 2020, 17:20

Male', Maldives - Speaker of Parliament, Former President Mohamed Nasheed has said that the current opposition of Maldives should be ashamed to talk about the national debt. While speaking with… Continued

Asia-Pacific countries sign the world’s largest Free Trade Agreement

November 17, 2020, 16:40

The world's largest Free Trade Agreement has been signed by the fifteen Asia-Pacific countries. On November 15, the world's largest free trade agreement was signed among the 10 Association of… Continued

2021 budget underscores significant fiscal deterioration: Moody’s

November 17, 2020, 14:14

New York, U.S.A - International financial research and credit rating agency, Moody's Investors Service (Moody's) has said that the budget proposed by the Maldivian government underscored the significant fiscal deterioration… Continued

Not “selling” Dharumavantha, leasing under SPV beneficial ownership: Ameer

November 17, 2020, 11:30

Male’, Maldives –  Ministry of Finance has announced that they are not selling Dharumavantha Hospital building, but rather proceeding with a re-transfer of the beneficial ownership of the building to a… Continued

President Yameen calls to stop privatization of SOE’s

November 17, 2020, 10:30

Maafushi, Maldives - Former President Abdulla Yameen Abdul Gayoom has called out the current administration to stop auctioning off State Owned Enterprises (SOE's) under the false pretense of privatization. In… Continued

Dharumavantha to be mortgaged for USD 300 million bond

November 16, 2020, 21:25

Male’, Maldives – Maldives highest building Dharumavantha hospital is to be mortgaged for a bond of USD 300 million. Minister of Finance Ibrahim Ameer, in a now publicized letter to the… Continued