Economic Ministry has stated that in the first two months since the policy was passed, a total of 14 shops and restaurant have been granted...
Category: Economy
Happy Market Decreases Prices For Ramadan
One of the largest food suppliers in the Maldives, Happy Market has decided to lower the prices of their products for the month of Ramadan.In...
Temporary Markets To Be Set Up At Different Areas Of The City To Reduce Prices
Speaking on a programme on Raajje TV, Deputy Mayor Mr Shamaau Shareef stated that due to the inflation of agricultural goods, temporary markets are to...
Dhiraagu introduces two new projects with UNDP
Dhiraagu introduces two new programs in collaboration with the United Nation Development Program (UNDP).These two new programs will be carried out by the name ‘Drone...
MTCC Undertakes 22 Projects in the First Quarter
According to Maldives Transport and Contract Company (MTCC), they have undertaken a total of 22 projects in the first quarter of 2019, and finished a...
Employment rates increased in the first three months.
During the first quarter of 2019, employment rates have increased according to the Maldives Monetary Authority (MMA).Findings from a survey were done across multiple industries...
President Creates Company to Increase Investment Opportunities
To increase foreign and local investments in the Maldives, President Ibrahim Solih has established a new company this Wednesday by presidential decree.The President’s Office states...
MVR 200 to be set as the minimum wage given
MDP has decided that employees working in Maldives should get a minimum wage of MVR 200.According to the draft of the bill by MDP, the...
Recreational Fishing For Tourism
Sport Fishing is already a billion dollar industry in the world. Countries such as Costa Rica have fishing tourism as one of their good income...
Male and Hulhule Finally Connected via Bridge
The USD 300 million (MVR 4.6 billion) China-Maldives Friendship Bridge (CMFB) between Male City and Hulhule has been connected on July 10. Speaking at a...
Saudi Fund to aid Maldivian fisheries and housing
The Government signed an MOU with the Saudi Fund for Development on Monday regarding their participation with the Maldives’ Financing of Affordable Housing Scheme Project...
MVR 1.3 billion collected by State in June
The Maldives Inland Revenue Authority (MIRA) recorded a state revenue of MVR 1.3 billion for themonth of June. According the MIRA, this revenue was 41%...