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As the years pass and the world continues to develop in all areas, one thing we have learned is that some areas of development have some negative consequences. One good...
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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...
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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...
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On 29 November 2021 the Maldives’ retail economy was virtually brought to a standstill. The Bank of Maldives, while doing some routine upgrades — that the company had failed to...
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The state enterprise Aasandha Company was first established in 2011 and is mandated to administer and manage the national health insurance scheme now known as “Husnuvaa Aasandha,” by facilitating access...
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All state organisations, just like private companies, are required to prepare annual financial statements, and get them audited by an external auditor. The external auditors are required to examine, inspect...
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The provision of public goods has been the main role of any government in all societies. Education, health, public transport, law enforcement, judicial services, public safety and other public infrastructure...
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On 19 November 2020, President Ibrahim Mohamed Solih inaugurated the Maldives' first ‘beach front airport’ in HA. Hoarafushi. However, just six months later, on 14 May 2021, disaster struck -...
