Business

EIFEC Maldives Branch is here to “Vaccinate Your Business”

October 13, 2020, 15:00

Male', Maldives - The European Institute for Export Compliance (EIFEC) has opened their branch office in Maldives this week through the accreditation of EIFEC Private Limited as their regional organization… Continued

MIB to open call center in Addu

October 12, 2020, 23:45

Addu City, Maldives - Maldives Islamic Bank (MIB) has announced that the bank will be opening a call center in Addu City, located in the southern most part of the… Continued

Debt limit crossed threshold in 2016: Auditor General

October 12, 2020, 17:00

Male', Maldives - Auditor Generals Office has announced that the Public and Publicly Guaranteed Debt crossed the aggregate debt level stipulated Section 32 (B) of the Fiscal Responsibility Act (7/2013)… Continued

India loans USD 400 million for Greater Male Connectivity Project

October 12, 2020, 13:00

Male', Maldives - EXIM Bank of India and the Maldivian government has signed an agreement for USD 400 million for the development of Greater Male Connectivity Project and the Indian… Continued

Allied requests for an injuction to delay paying USD 22 million to Yacht Tours

October 11, 2020, 22:15

Male', Maldives - Allied Insurance company has requested High Court to grant an injunction in paying back USD 22 million (MVR 340 million) to Yacht Tours stating that paying it… Continued

MIRA collected MVR 843 million in September

October 11, 2020, 18:00

Male', Maldives - Maldives Inland Revenue Authority has said that the authority had collected MVR 843.04 million (USD 6.74 million) in September as revenue. According to the media release by… Continued

USD 480 million loan guarantee was given against guidelines: Auditor General

October 11, 2020, 16:15

Male', Maldives - Auditor Generals Office has said that the government guarantee for loans over USD 480 million was given against the requirements set forth in the Issuance of Government… Continued

Economic Minister Fayyaz is also against the China-Maldives FTA

October 11, 2020, 13:30

Male', Maldives - Economic Minister of Maldives, Fayyaz Ismail has told that even he does not support the China-Maldives Free Trade Agreement (FTA) which was signed during Former Presidet Yameen's… Continued

Maldives introduces special Covid-19 travel insurance for tourists

October 11, 2020, 12:00

Male', Maldives - Allied Insurance Company, in collaboration with the Ministry of Tourism of Maldives, has introduced special Covid-19 travel insurance packages for tourists. The insurance packages were introduced during… Continued

Mr. Crusty: Have you tried the ‘Bodu Gola’ version yet?

October 11, 2020, 11:00

Mr. Crusty is one of the newest SME business welcomed in the southernmost atoll of Maldives with the ongoing Covid-19 pandemic. What's interesting about this business is that, Mr. Crusty… Continued