Business

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

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