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A digest of news and opinion from the Maldives.

2017

Satellite image of K. Himmafushi

Man arrested over expat death remanded until trial end

1 min read

Satellite image of K. Himmafushi The Thulusdhoo Magistrate Court in Kaafu atoll has ordered to remand a local man, who is under arrest in connection to the death of an expatriate in Himmafushi island, until the end of his trial. The local was arrested Tuesday after a Bangladeshi national, 38, employed at the Life water […]

Security officers surround Speaker Maseeh inside the parliament chambers, seen on the left. PHOTO: AHMED NIHAN

Parliament approves new central bank governor amidst chaos

2 min read

Security officers surround Speaker Maseeh inside the parliament chambers, seen on the left. PHOTO: AHMED NIHAN The parliament on Thursday approved to appoint Ahmed Naseer as the governor of Maldives Monetary Authority (MMA). Thursday’s sitting was also conducted amongst chaos as opposition lawmakers continued to protest against Speaker Abdulla Maseeh chairing the session. The parliament […]

Investment program is on track – BML CEO

Investment program is on track – BML CEO

3 min read

Following a year in which Bank of Maldives recorded its best ever financial performance, CEO Andrew Healy has emphasized that the Bank is keeping its promise to re-invest its earnings to support Maldivian individuals, families and businesses across the country. Addressing shareholders at the Bank’s AGM tonight, Andrew stated that the Bank had invested MVR […]

Bank of Maldives shareholders to receive record dividend

Bank of Maldives shareholders to receive record dividend

2 min read

Bank of Maldives has confirmed that its shareholders will receive a record dividend for the fourth consecutive year. Shareholders voted to approve the proposed pay-out of MVR 107.6 million (MVR 20 per share) at the Bank’s Annual General Meeting held in Hotel Jen, Male’ tonight. The state will receive just over MVR 370 million through […]

From the night market that was held in Male in 2016. PHOTO/MIHAARU

Night market cancelled due to lack of govt cooperation

2 min read

From the night market that was held in Male in 2016. PHOTO/MIHAARU Maldives National Chamber of Commerce and Industry (MNCCI) on Wednesday declared that the annual Night Market will not be held this year due to a lack of cooperation from the Ministry of Housing and Infrastructure. Last week, MNCCI announced that it was making […]

Jumhoory Party's flags and logo pictured at a party rally. PHOTO/MIHAARU

Lower court throws out case on Jumhoory Party’s flag ban

1 min read

Jumhoory Party’s flags and logo pictured at a party rally. PHOTO/MIHAARU The Civil Court has thrown out the lawsuit filed by opposition Jumhoory Party, regarding the Elections Commission ban of the party’s flag and logo, as JP failed to turn up at the trial. The Elections Commission banned the use of JP’s flag and logo […]

Kendhoo MP Ali Hussain talking at a Jumhoory Party rally held at 'Kunooz'. PHOTO / MIHAARU

Chief Justice has power to end parliament “hijacking”: opposition MP

2 min read

Kendhoo MP Ali Hussain talking at a Jumhoory Party rally held at ‘Kunooz’. PHOTO / MIHAARU Kendhoo MP Ali Hussain on Tuesday night claimed that only Chief Justice Abdullah Saeed has the power to end the military “hijacking” of the parliament and resolve the political crisis in the country right now. Speaking at an opposition press […]

ATA endorses the first ever travel trade workshop in South Africa

ATA endorses the first ever travel trade workshop in South Africa

2 min read

Association of Travel Agents in association with Perfect destinations is pleased to host the first ever travel trade workshop dedicated to the Maldives, in South African history. This is in line with celebrating the launch of the new direct flight route with Maldivian Airlines from South Africa to the Maldives. While ATA has endorsed this […]