Universal Basic Income: A Safe Harbor for Paradise in the AI Era?
In the wake of the Third Industrial Revolution, driven by the internet and mobile technologies, artificial intelligence (AI) and its ability to harness big data are propelling us into the Fourth Industrial Revolution. This revolution brings extraordinary potential, but also profound economic risks. The idyllic shores of the Maldives belie the looming storm of these transformations; as...
Dhiraagu to Host ‘Eid Boakibaa’ Breakfast for Third Consecutive Year
Dhiraagu has announced the return of their popular 'Dhiraagu Eid Boakibaa' breakfast event in celebration of Eid-ul-Fitr. This marks the third year the telecommunications company is hosting the event to uphold the Maldivian tradition of sharing boakibaa, a festive sweet dish, for breakfast on Eid.
The special 'Dhiraagu Eid Boakibaa' breakfast will be open...
Ooredoo Maldives Announces Exclusive Eid Offers For Enhanced Connectivity and Celebration
In celebration of the joyous occasion of Eid, Ooredoo Maldives unveils a collection of exclusive offers designed to keep customers seamlessly connected during the festive season. The exciting offers provide generous data packages, unlimited calls, and social media access, making it easy for customers to share greetings, cherished moments, and gifts with friends and family.
Last Chance to Participate in Allied Insurance Ramadan Promotion for Home Valuables Plan
Allied Insurance reminds customers that today is the final day to take advantage of their special Ramadan promotion for the Islamic home valuables insurance plan. Those who subscribe to the "Luxury" plan before the deadline will receive a complimentary gift pack worth the same value, offering an extra incentive to protect their belongings.
The...
Sirru Fen Fushi Charts Independent Path
Sirru Fen Fushi, a private island in the Maldives’ remote Shaviyani Atoll, will now operate as an independent luxury resort after six successful years with Fairmont Hotels and Resorts under the name Sirru Fen Fushi – Private Lagoon Resort. From May 1st, Sirru Fen Fushi will be joining the esteemed Leading Hotels of the World portfolio.
Italian Cruise Ship AIDAbella Docks in the Maldives
The eighth cruise ship of the season, MS. AIDAbella, has arrived in the Maldives with over 2,000 passengers. The Italian vessel, boasting 13 decks and 1035 cabins, docked outside Male' City on April 8th, 2024, after departing from Langkawi, Malaysia.
Carrying 2,148 passengers and 650 crew members, MS. AIDAbella will remain berthed in the...
Maldives Expects 2.4M Tourist Arrivals in 2024 Amidst Global Uncertainties
The Minister of Economic Development and Trade, Mohamed Saeed, projects 2.4 million tourist arrivals by the end of 2024, a significant increase from earlier targets. The optimistic outlook comes despite concerns about potential economic shocks that could negatively impact global travel.
In an exclusive interview with TRT News, Saeed acknowledged the tourism sector's vulnerability...
Dhiraagu and Lionsgate Play Unveils Exclusive Partnership
Telecommunications provider Dhiraagu has announced a strategic partnership with Lionsgate Play to bring exclusive and premium digital entertainment content to the Maldives.
Lionsgate Play, the streaming mobile application of the renowned entertainment powerhouse Lionsgate, is celebrated globally for its groundbreaking films, television series, and digital content. With acclaimed titles such as ‘The Hunger Games,’...
Air Ambulance Service Completes 75 Flights
The air ambulance service, launched in March, has successfully completed 75 flights, marking a significant milestone in enhancing the country's emergency response system. The service, operated in collaboration with Island Aviation, the national airline, leverages two dedicated aircraft: a converted DHC-8-200 and a seaplane.
"Our air ambulance service continues to make a difference in...
SIMDI Ramadan Promotion 2024 Week 4 Lucky Draw Winners Announced
SIMDI Group has unveiled the winners of the 4th Week of the company’s Ramadan Promotion 2024 Lucky Draw.
SIMDI reveals the draw was held at the SIMDI Head office on 07th of April 2024 and the prizes were handed over to the winners today at SIMDI Recrea Hulhumale’ Showroom.
The lucky...
China Remains Dominant Force in Maldives Tourism
China has solidified its position as the leading source of tourists for the Maldives, according to the latest statistics released by the Ministry of Tourism. With 70,394 Chinese tourists visiting so far this year, China maintains its significant 11% market share. This continued dominance reflects a return to pre-pandemic trends, where China consistently held the top spot.
Gov’t Eases Restrictions on Sand Mining Near Protected Areas
The government has faced criticism after amending regulations to potentially allow sand mining near environmentally sensitive zones. The Ministry of Climate Change, Environment, and Energy has revised regulations that previously prohibited sand mining operations within or near protected areas.
The changes, gazetted on Saturday, modify the 2013 regulations on land reclamation and dredging. The...
STELCO Launches “Eid Ali” Initiative to Illuminate Maldives for Fitr-Eid
State Electric Company Limited (STELCO) has unveiled “Eid Ali” (Shining Eid) – an initiative to illuminate islands across the Maldives with festive lights in celebration of Fitr-Eid.
Hussain Fahmy, Managing Director of STELCO, emphasised the significance of this initiative, describing it as a pivotal religious and national undertaking.
He underscored President Muizzu’s commitment...
Cosmopolitan Maldives Introduces Hardys ZERO Alcohol-Free Wines
Cosmopolitan Maldives, a leading supplier of specially curated food and beverage products in the Maldives, has expanded its offerings to include a selection of alcohol-free wines from the acclaimed Hardys winemaking brand from Australia. The company is introducing Hardys ZERO Shiraz, Hardys ZERO Chardonnay, and Hardys Zero Alcohol Sparkling to the Maldives, providing consumers with a variety...
Villa College and Pulse Hotels and Resorts Forge Educational Partnership
Villa College has strengthened its position in the hospitality education sector by signing a Memorandum of Understanding (MoU) with Pulse Hotels and Resorts on April 7th. The collaboration aims to bolster educational initiatives and enhance professional development within the Maldives' hospitality industry.
Under the MoU, Pulse Hotels and Resorts will actively support Villa College's...
SJ Constructions Opens Bookings for “SJ Nove Residence”
SJ Constructions has announced the opening of bookings for their project, the "SJ Nove Residence," a condominium development situated in Hulhumale’ Phase One.
With a track record of constructing five hundred high-rise apartments and social housing, SJ Constructions aims to cater to various preferences with three categories of apartments: typical, deluxe, and penthouses. Prices...
Maldivian Expands Domestic Network with New Southern Route
Maldivian, the national airline of the Maldives, is set to bolster connectivity in the southern atolls with a new domestic route linking Gan International Airport (GAN) in Seenu Atoll and Kooddoo Airport (GKK) in Huvadhoo Atoll. Scheduled to commence on 29th October 2024, the service will operate twice weekly.
This expansion is part of...
The Double Helix of AI: Promise and Peril in a Data-Driven Future
Artificial intelligence (AI), once the stuff of science fiction, is now firmly integrated into everyday life. From the algorithms tailoring our social media feeds to the facial recognition software unlocking our phones, AI promises a future overflowing with innovation. Leaders in the field see AI as a tool to tackle climate change, revolutionize healthcare, and personalize education....
Government to Prioritize Medicine Quality
The announcement by Health Minister Dr Abdul Khaleel regarding a new system to prioritize medicine quality highlights a shift in regulatory priorities within the nation. Speaking on World Health Day, Minister Khaleel emphasized the importance of authentic, high-quality medications as a cornerstone of effective healthcare.
The government's initiative signals potential opportunities for pharmacies capable...
Seaplane Services Set to Expand to Thoddoo
Seaplane services are set to expand within the Maldives as Island Aviation Services Ltd (IASL) announces plans to add Thoddoo, Alif Alif Atoll, to its network. Thoddoo will become the second inhabited island to gain a seaplane link.
IASL Managing Director Ibrahim Iyas emphasized the company's commitment to a thorough assessment process prior to...
President Muizzu Targets Self-Sustaining Economy
President Dr Mohamed Muizzu has made a bold pledge to transform the Maldives' economy into a self-sustaining model during his five-year term. In an exclusive interview with local media, the president outlined a series of fiscal reforms and development initiatives aimed at reducing the island nation's reliance on external factors.
President Muizzu emphasised that...
Ooredoo Maldives Awards Gifts to Lucky Hadhiyafoshi Winners
Ooredoo Maldives has awarded several lucky winners from Hadhiyafoshi by handing out coveted prizes such as AirPods, Apple Watches, and a juicer.
True to its name, Hadhiyafoshi is brimming with gifts this year, with some of the most sought-after prizes up for grabs. Among them is the Apple Vision Pro, while other prizes include...
Report: Behind the Fluctuating US Dollar in the Maldives
The Maldivian rufiyaa has recently gained ground against the US dollar, prompting Economic Minister Mohamed Saeed to call for the release of "hidden dollars" into the market. But is this depreciation a genuine shift or a temporary lull? The complexities of the situation warrant closer examination.
Conflicting Interpretations
The black...
BML Delivers Record Profit, Proposes Unprecedented Dividend
The board of directors at the Bank of Maldives (BML) has announced plans for the largest-ever dividend distribution to shareholders following a record-breaking net profit of MVR 2 billion.
The board has proposed a dividend of MVR 50 per share, a significant increase of MVR 10 from the previous year.
LATEST ARTICLES
Universal Basic Income: A Safe Harbor for Paradise in the AI Era?
In the wake of the Third Industrial Revolution, driven by the internet and mobile technologies, artificial intelligence (AI) and its ability to...
Dhiraagu to Host ‘Eid Boakibaa’ Breakfast for Third Consecutive Year
Dhiraagu has announced the return of their popular 'Dhiraagu Eid Boakibaa' breakfast event in celebration of Eid-ul-Fitr. This marks the third year...
Ooredoo Maldives Announces Exclusive Eid Offers For Enhanced Connectivity and Celebration
In celebration of the joyous occasion of Eid, Ooredoo Maldives unveils a collection of exclusive offers designed to keep customers seamlessly connected...
Last Chance to Participate in Allied Insurance Ramadan Promotion for Home Valuables Plan
Allied Insurance reminds customers that today is the final day to take advantage of their special Ramadan promotion for the Islamic home...
Sirru Fen Fushi Charts Independent Path
Sirru Fen Fushi, a private island in the Maldives’ remote Shaviyani Atoll, will now operate as an independent luxury resort after six successful...
