Maldives Instant Payment System “Favara” revolutionizes financial landscape as three banks join the innovation wave
The Maldives financial sector has taken a significant leap towards digital transformation with the official inauguration of the Maldives Instant Payment System, “Favara.” In a momentous ceremony on August 26, 2023, Vice President Faisal Naseem launched the pioneering payment system, highlighting its potential to revolutionize the nation’s financial infrastructure. The inception of the Favara payment […]
Joel Parkinson claims historic win at Four Seasons Maldives Surfing Champions Trophy
Joel Parkinson has made history by becoming the first surfer to win all three rounds and the grand final of the Four Seasons Maldives Surfing Champions Trophy. The Australian surfer put on a masterclass in wave selection and execution, scoring a perfect 10 in each of his heats to take the overall title. Parkinson faced […]
Senior executives at luxury hotels express concern about staffing issues
Maldives has long been a coveted destination for travelers seeking luxury and relaxation. However, behind the idyllic façade, the senior executives at luxury hotels are grappling with a pressing concern – staffing issues. A recent global research study commissioned by Communications Specialist Ltd, a leading communication technology company, sheds light on the challenges faced by […]
