Business

MIFCO lowers the purchase price of tuna

October 11, 2020, 10:08

Male', Maldives - Maldives Industrial Fisheries Company (MIFCO) has lowered the purchasing price of tuna by MVR 2 per kilogram. Previously MIFCO purchased iced fishes weighing above 1.5Kgs and yellow… Continued

Education Ministry doesn’t have to pay fine to Mandhu College: High Court

October 11, 2020, 09:30

Male', Maldives - High Court of the Maldives has ruled that Education Ministry does not have to pay any amount of fine to Mandhu College. This cased was lodged by… Continued

Minister Ameer will keep proper records of debt: MDP

October 10, 2020, 21:00

Male', Maldives - Maldivian Democratic Party (MDP) has said that their party's Finance Minister Ibrahim Ameer would keep proper records of the national debt. This comes after the President of… Continued

Civil Aviation to meet the management of the flying school

October 10, 2020, 20:47

Addu City, Maldives - Civil Aviation has decided to meet the officials of Asian Academy of Aeronautics (AAA) that runs the flying school located in Addu City. State Minister of… Continued

No income to pay back the upcoming loans – Nasheed

October 10, 2020, 13:00

Male', Maldives - Former President and Speaker of the Parliament of Maldives Mohamed Nasheed said that Maldives has to pay the most number of loans taken by the previous administration in… Continued

Feydhoo Rashikeda Beach opens today

October 10, 2020, 10:30

Addu City, Maldives - Feydhoo Rashikeda Beach has been scheduled to official open today with a special event to be held at the area from 1600 to 1800 and from… Continued

Only MVR 183 from Addu to national Green Fund in August

October 10, 2020, 09:30

Male', Maldives - The latest Green Fund report by Ministry of Finance of Maldives has revealed that Addu City only contributed MVR 183 to the national Green Fund during the… Continued

Palm Beach Resort outs SBI’s predatory foreclosure

October 10, 2020, 09:00

Palm Beach Island Resort & Spa, Maldives - Palm Beach Island Resort and Spa has publicly raised multiple allegations against State Bank of India (SBI), based in Maldives, including unlawful… Continued

Students of AAA unable to fly – licenses in limbo

October 9, 2020, 16:01

Addu City, Maldives - The budding higher education system of Maldives takes pride in the progress which the country has made over the years, having have established multiple universities and… Continued

Large infrastructure investments should be postponed: World Bank

October 9, 2020, 14:30

Washington DC, USA - The World Bank has said that postponing large public infrastructure investments that are not urgently needed would help address Maldives fiscal and debt sustainability risks amid… Continued