President Seeks Tourism Revenue Share for Local Councils
Seeking to empower local councils and communities, President Dr Mohamed Muizzu has pledged to amend laws to grant a direct share of tourism tax revenues to designated councils. The move aims to boost council budgets and decentralize authority within the nation.
President Muizzu emphasized the need for greater autonomy and financial independence for local...
Dhiraagu Announces Details for 35th Annual General Meeting
Dhiraagu has announced that its 35th Annual General Meeting (AGM) will take place on 28th April. The company will adopt a hybrid format for the meeting, allowing shareholders to participate both in person and online.
Online participation will be facilitated through the 'Fahivote' platform. Due to limited capacity at the physical venue, in-person attendance...
Ooredoo Maldives’ Eid Activities Bring Communities Together
Ooredoo Maldives marked the joyous occasion of Eid-al-Fitr by actively engaging in a series of initiatives aimed at promoting unity and happiness across the nation. From traditional celebrations to community partnerships, the telecommunications company endeavored to spread the spirit of Eid throughout the Maldives.
One of the notable activities spearheaded by Ooredoo Maldives was...
Kadhdhoo Airport to be Transformed into International Hub
The government of the Maldives has taken a significant step towards expanding its aviation capabilities by signing a Memorandum of Understanding (MoU) with China CAMC Engineering Co. Ltd. The agreement paves the way for the redevelopment of Kadhdhoo Airport into an international airport.
The signing ceremony took place in Laamu Fonadhoo on Thursday and...
Laamu Atoll Tourism Boost: Bodufinolhu Development Plans Unveiled
Tourism Minister Ibrahim Faisal has announced the government's plans to take control of Bodufinolhu island in Laamu Atoll for significant tourism development. The announcement was made during a ceremony in Gan, Laamu Atoll.
Minister Faisal expressed the administration's focus on progress and development, highlighting that Bodufinolhu has remained underutilised since it was initially allocated...
STO to Reclaim Lagoon for Expanded Oil Storage
The State Trading Organization (STO) has announced its intention to reclaim the Maagiri lagoon near Kaafu Atoll Thilafushi to increase its oil storage capacity. The project is expected to commence within the next 18 months, according to STO Managing Director Shimad Ibrahim.
In an interview with local media, Mr Shimad highlighted the importance of...
VIA Celebrates 58 Years of Contribution to the Maldives
Yesterday, the Maldives’ main international airport, Velana International Airport (VIA), commemorated its 58th anniversary. Since the airport's launch in 1960, VIA has evolved from a small airfield to a modern international airport and has played a vital role in the Maldives' tourism-dependent economy.
To fully understand the impact of...
MIRA Urges Online Payments Following Ramadan Service Hours Adjustment
The Maldives Inland Revenue Authority (MIRA) has urged the public to make payments using the authority’s online portals, as service hours were adjusted for Ramadan.
Starting from the onset of Ramadan through the first seven days of Shawwal, MIRA’s Taxpayer Service Centre will operate from Sunday to Thursday.
The centre will...
Interest Waived on COVID-Related Loans
Interest on loans acquired through the Housing Development Finance Corporation (HDFC) and the SME Development Finance Corporation (SDFC) during the COVID-19 pandemic will be waived, revealed Maldives President Mohammed Muizzu while speaking at a ceremony in Fonadhoo island on Thursday.
"We will open applications (to waive interest) once government offices re-open after the Eid...
Bunkering Services to be Launched in Laamu Atoll Gaadhoo
Maldives Ports Limited (MPL) CEO, Mohamed Wajeeh Ibrahim, has unveiled plans to introduce bunkering services in Laamu Atoll Gaadhoo.
A ceremony was held on Thursday to sign an agreement with China's CAMCE to develop a maritime hub in Gaadhoo, initiating the bunkering services project during President Dr Mohamed Muizzu's ongoing trip to the atoll.
Maldivian Resumes Flights Between Hanimaadhoo and Trivandrum
Maldivian, the national airline of the Maldives, announced yesterday that flights from Hanimaadhoo International Airport to Trivandrum, India will be available again; The operation of these flights had been temporarily suspended due to ongoing development work at Hanimaadhoo International Airport.
A ceremony was conducted to mark the recommencement of flights, attended by several senior...
Maldives Set to Accept Chinese Currency for Import Payments, Economic Minister Announces
The Maldives is poised to introduce the use of the Renminbi (RMB) for settling import payments, as announced by Minister for Economic Development & Trade Mohamed Saeed.
According to reports from Chinese media outlet Xinhua, Minister Saeed on Thursday unveiled plans to allow Maldivian businesses the option to utilize the Chinese currency for import...
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...
LATEST ARTICLES
President Seeks Tourism Revenue Share for Local Councils
Seeking to empower local councils and communities, President Dr Mohamed Muizzu has pledged to amend laws to grant a direct share of...
Dhiraagu Announces Details for 35th Annual General Meeting
Dhiraagu has announced that its 35th Annual General Meeting (AGM) will take place on 28th April. The company will adopt a hybrid...
Ooredoo Maldives’ Eid Activities Bring Communities Together
Ooredoo Maldives marked the joyous occasion of Eid-al-Fitr by actively engaging in a series of initiatives aimed at promoting unity and happiness...
Kadhdhoo Airport to be Transformed into International Hub
The government of the Maldives has taken a significant step towards expanding its aviation capabilities by signing a Memorandum of Understanding (MoU)...
Laamu Atoll Tourism Boost: Bodufinolhu Development Plans Unveiled
Tourism Minister Ibrahim Faisal has announced the government's plans to take control of Bodufinolhu island in Laamu Atoll for significant tourism development....
