MMPRC Invites Top Journalists from Italy to Experience the Sunny Side of Life
Maldives Marketing and Public Relations Corporation (MMPRC / Visit Maldives) has welcomed journalists from prominent Italian publications to experience the world-class hospitality and luxury awaiting tourists in the Sunny Side of Life.
This team of journalists will stay in the Maldives from 26th March 2023 till 2nd April 2023. During their time in...
Sri Lanka Implements Fuel Price Reductions to Alleviate Economic Crisis
Sri Lanka's government has announced significant cuts in fuel prices, offering relief to a country in the midst of an economic crisis with shortages and skyrocketing prices over the past year.
Minister of Power and Energy Kanchana Wijesekara stated that prices for different categories of petrol and diesel will be reduced by 8%...
Bill Proposed to Amend Waste Import Clause in Waste Management Act
An amendment bill to the Waste Management Act has been proposed to eliminate the provision that permits the importation of waste. Parliamentarian Mohamed Rashid, acting on behalf of the government, proposed the bill to amend the act.
The Waste Management Act, which was ratified in December 2022, empowers the government to oversee waste production...
Government to Build First Port City in Northernmost Region of Maldives
The Minister of Economic Development, Fayyaz Ismail, has announced that the Maldives will build its first port city in the northernmost region, according to a letter sent to the Parliament of the Maldives. The government is currently focused on developing the port city and has begun preparations to reclaim land for the project.
ADB and BML Sign USD 41 Million Finance Package to Support SMEs and Tourism
The Asian Development Bank (ADB) has recently signed a finance package worth USD 41 million with the Bank of Maldives (BML). This initiative aims to provide financial support to small and medium-sized enterprises (SMEs) and tourism companies in the Maldives, which are locally owned.
The entire financing package has been arranged, structured, and syndicated...
Ibrahim Waheed Appointed as New Minister at President’s Office
President Ibrahim Mohamed Solih appointed Ibrahim Waheed as a Minister at the President's Office on Wednesday. Mr Waheed was presented his letter of appointment at a ceremony held at the President's Office yesterday afternoon.
Mr Waheed had earlier served as the Chairman of the National Social Protection Agency (NSPA) from April 2009 to February...
Ooredoo Maldives Opens Registration for Thrilling Bumper Football Tournament — Ooredoo Boki Bolha!
Ooredoo Maldives, in collaboration with Maziya Sports & Recreation Club, has announced the launch of the Ooredoo Boki Boalha tournament. This fun-filled and thrilling sports event offers a unique and innovative twist on the world's most popular sport, football, as participants will be playing while wearing a bumper ball.
The tournament is open for...
Millions Spent Every Year to Rent Government Offices — Huge Waste of Taxpayer Money!
The scarcity of suitable infrastructure for state institutions poses a significant obstacle for the government. It was hoped that the construction of a 14-story office building on the premises of Velana building would mitigate this issue. However, the enactment of the new constitution resulted in the establishment of new institutions and the creation of fresh positions.
Nammos Hotels & Resorts Reveals Plans for New Maldives Property by 2025
Nammos Hotels and Resorts, a new hospitality brand from ADMO, has confirmed plans to open a new property in the Maldives by 2025. The brand, which is a joint venture between UAE-listed company Alpha Dhabi and private equity firm Monterock International, is known for its beach clubs and chic dining restaurants around the world.
Abdulla Saeed to be Appointed Managing Director at STO
The Privatisation and Corporatisation Board (PCB) has been requested by the President's Office to appoint Abdulla Saeed as the new Managing Director of the State Trading Organisation (STO), following the dismissal of Hussain Amr.
Saeed is currently serving as the Managing Director of the Maldives State Shipping Company Private Limited (MSS). Saeed previously held...
The Cabinet Deliberates on the Rollout of the New GEMS Workspace
The cabinet deliberated on Tuesday on the rollout of the new version of the Government E-letter Management System (GEMS)—GEMS Workspace—and revisions to the messaging and correspondence guidelines. The cabinet meeting was held on 28th March at the President’s Office.
Deliberating on a paper presented to the cabinet by the Ministry of Environment, Climate Change...
Maldives Coral Institute to Hold ‘Coral Festival 2023’ in Addu
The Maldives Coral Institute (MCI) will host a ‘Coral Festival 2023’ in Addu, Hithadhoo from 28-30 April, bringing together scientists, NGOs, politicians, environmentalists, and members of the public to celebrate the Maldives’ coral reefs and marine ecosystems.
The Festival, held over three days, will feature prominent Maldivian and international scientists and marine experts for discussions and...
MIFCO Holds Discussions with JETRO Representative to Explore Partnership Opportunities
JETRO, the governmental organization responsible for promoting trade and investment between Japan and the world, is exploring partnership and collaborative opportunities with Maldives Industrial Fisheries Company (MIFCO).
Mr Hiroki Oi, the Resident Representative of JETRO Colombo, recently met with Ismail Fauzee, the CEO of MIFCO, and members of the company's executive committee to...
5 Good Financial Habits to Help Make Positive Changes for Your Future
As the old saying goes, “the best time to plant a tree was 20 years ago, and the second-best time is now.” The same applies to our finances: the decisions we make today can significantly impact our financial future, so it’s never too early or too late to cultivate good financial habits.
As we...
Tourist Arrivals in Maldives Surpass 500,000 So Far This Year!
Statistics publicised by the Tourism Ministry show that Maldives has recorded over 500,000 tourist arrivals so far this year.
The statistics show that the Maldives saw a total of 1,675,303 tourist arrivals last year, of which 409,426 tourists arrived as of 26th March 2022. The number of tourist arrivals this year stands at 500,597....
Government Begins the Dredging of Thilafushi Phase 2 Area C
The government has commenced the second phase of land dredging in accordance with the Thilafushi Master Plan.
On March 27th, the dredging of 20 hectares of land in Area C of Thilafushi Phase 2 began, with Capital Marine and Civil Construction Company Pvt Ltd winning the contract for the...
Maldivian Announces Discounted Flights to Cochin and Trivandrum
National flag carrier, Maldivian has announced a promotion offering a discounted fare for flights to two Indian destinations: Cochin and Trivandrum.
The promotion provides a discount of over 50% on tickets for these destinations, and booking for the tickets is open until the end of March. The tickets under this promotion will be...
SDFC Disburses USD 77.8 Million in Loans to SMEs Empowering Over 500 Businesses
To date, the SME Development Finance Corporation (SDFC) has disbursed loans totalling USD77.8 million to small and medium enterprises (SMEs). The corporation has witnessed a surge in the number of businesses applying for loans, leading to the approval of 1,200 loans and the disbursement of 1,100 loans. SDFC has granted loans to over 500 SMEs and other...
LRA Opens Submission of Complaints Regarding Non-Receipt of Ramadan Benefits
The Labour Relations Authority (LRA) is currently accepting public complaints regarding the non-receipt of Ramadan benefits in compliance with the Employment Act.
As per the act, every Muslim employee should receive USD195 prior to the commencement of Ramadan. The LRA has noted instances in the past where employers failed to disburse the benefits...
MoU Signed Between the Maldives and Korea on Cooperation in the Field of Tourism
A Memorandum of Understanding (MoU) on cooperation in the field of tourism was signed between the Government of Maldives and the Government of the Republic of Korea.
The MoU was signed during the visit of a Special Envoy and representatives of the Korean government to the Maldives on 22nd March 2023 at the Ministry...
CFO Nizam Takes Over STO Temporarily After Amr’s Dismissal
Managing Director of State Trading Organization (STO), Hussain Amr Mohamed Rashad was dismissed from his post on Sunday. In his stead, the Chief Financial Officer of STO, Mohamed Nizam has been appointed as interim head.
Nizam boasts over 12 years of experience with STO, having been appointed to the STO Board in 2020...
Kalhu Odi Restaurant Unveils Mouthwatering Iftar Menu for Ramadan 2023
As the holy month of Ramadan approaches, Kalhu Odi Restaurant has unveiled its exquisite Iftar menu for 2023. The restaurant, known for its exceptional culinary offerings, has created a menu that is sure to delight diners during the month-long fasting period.
The menu features a wide variety of dishes, ranging from traditional Maldivian delicacies...
Kudagiri to Offer Special Packages for Ramadan
Housing Development Corporation (HDC) has announced that during the month of Ramadan, Kudagiri Picnic Island will be offering special Iftar buffet packages.
Those interested in partaking in the buffet must reserve in advance, but individuals are also welcome to bring their own food for Iftar on the island.
HDC...
Bangladesh High Commission in Maldives Celebrates 52nd Independence and National Day
The Bangladesh High Commission in Maldives celebrated the 52nd Independence and National Day of Bangladesh on March 26th at the Chancery in Hulhumale. During the event, H.E. Rear Admiral S M Abul Kalam Azad raised the national flag while the national anthem of Bangladesh played in the background. All employees of the High Commission and the Bangladesh...
LATEST ARTICLES
MMPRC Invites Top Journalists from Italy to Experience the Sunny Side of Life
Maldives Marketing and Public Relations Corporation (MMPRC / Visit Maldives) has welcomed journalists from prominent Italian publications to experience the world-class hospitality...
Sri Lanka Implements Fuel Price Reductions to Alleviate Economic Crisis
Sri Lanka's government has announced significant cuts in fuel prices, offering relief to a country in the midst of an economic crisis...
Bill Proposed to Amend Waste Import Clause in Waste Management Act
An amendment bill to the Waste Management Act has been proposed to eliminate the provision that permits the importation of waste. Parliamentarian...
Government to Build First Port City in Northernmost Region of Maldives
The Minister of Economic Development, Fayyaz Ismail, has announced that the Maldives will build its first port city in the northernmost region,...
ADB and BML Sign USD 41 Million Finance Package to Support SMEs and Tourism
The Asian Development Bank (ADB) has recently signed a finance package worth USD 41 million with the Bank of Maldives (BML). This...
