1 min read
Telecommunication services were first introduced to the Maldives way back in 1988 with the inception of Dhivehi Rajjeyge Gulhun Public Limited (Dhiraagu). With 41.8 percent Government shares and 6.2 percent...
2 min read
Maldives companies appear to be recovering incredibly quickly from the financial difficulties caused by the COVID-19 pandemic, as some state owned companies seem to be making a magnificent profit in...
2 min read
Ever since the COVID-19 pandemic, after being forced indoors, many people found peace and calmness in simple outdoor activities such as gardening. After being hauled up indoors for so long,...
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To the many residents of the greater Male’ area, Vilimale’ is like a get-away island. Even though people do reside on this small suburban island, for many it is an...
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Maldives is a small island nation with most islands not so well equipped to transport you from point A to point B without difficulty. Even though transportation may not be...
3 min read
Introduced on October 2, 2011, the Goods and Services Tax Act (Law Number 10/2011), widely known as GST or the Goods and Services Act, has been in effect.
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The Government has signed on July 4th, a grant agreement, that will provide USD 24 million for the Sustainable and Integrated Labor Services (SAILS) Project. The project would be implemented...
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Minister of Finance Ibrahim Ameer has on 22 June 2022 signed yet another loan agreement – this time borrowing EUR 18.4 million from the European Investment Bank (EIB), for the...
1 min read
Established in 1949, the State Electric Company Limited (STELCO) is a wholly owned state enterprise. Before settling on its current name, "state electric company" in 1997, the company had previously...
