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A digest of news and opinion from the Maldives.

2017

Kuredhivaru Resort is steps away from completion

Kuredhivaru Resort is steps away from completion

2 min read

The resort being developed on the island of Kuredhivaru in northern Noonu Atoll is near completion. According to sources, the island which was being developed as a space-age resort is almost complete, with the planned underwater hotel structure visibly constructed above water. A brainchild of Polish company Deep Ocean Technology and backed by Swiss investors, […]

Coconuts or progress? President’s question for Kulhudhuffushi

Coconuts or progress? President’s question for Kulhudhuffushi

4 min read

President Abdulla Yameen has told the people of Kulhudhuffushi they can either stay in the past or move with the times. He has not visited the island for two years but was there on Sunday for the ruling party’s annual rally. PPM supporters, heads of state-owned firms and senior government officials have been flocking to […]

Controversial airport project inaugurated despite lack of contractor

Controversial airport project inaugurated despite lack of contractor

3 min read

Kulhudhuffushi airport will be completed by the middle of next year, authorities have said, despite the government not yet hiring a contractor to build it. Tourism Minister Moosa Zameer and other ruling party figures were on the remote island Sunday to inaugurate the project, which involves the destruction of mangroves. Building the airport was a […]

Maldives Stock Exchange & Maldives Securities Depository appoints new CEO

Maldives Stock Exchange & Maldives Securities Depository appoints new CEO

1 min read

On 18 September 2017, the Board of Directors of the Maldives Stock Exchange (MSE) Company and the Maldives Securities Depository (MSD) appointed Mr Aushan Latheef as their new CEO and Managing Director. Mr Aushan Latheef was appointed following a rigorous application process, which included an interview by the Board of Directors. He completed his Master’s Degree […]

MIRA earns MVR 983.5 million in October 2017

MIRA earns MVR 983.5 million in October 2017

1 min read

Maldives Inland Revenue Authority (MIRA) earned MVR 983.5 million revenue in October 2017. This includes USD 38.1 million earnings and is 10.7 percent higher than the October earnings of 2016. The highest percentage of earnings came from Goods and Services Tax (GST) which is MVR 539.5 million. Total tax revenues for October 2017 was MVR […]

Coco Bodu Hithi Maldives to giveaway luxury holiday for festive season

Coco Bodu Hithi Maldives to giveaway luxury holiday for festive season

3 min read

It’s the season of giving and Coco Collection has the perfect gift for holidaymakers. Take part in a game live on www.cococollection.com and stand a chance to win a luxury Maldives holiday for two at Coco Bodu Hithi. In the joyous spirit of Christmas and to celebrate the season of giving, Coco Collection is offering […]

Maldives National-team

Palestine in no mood to relax against Maldives

2 min read

West Bank: Coach Abdel Nasser Barakat insists Palestine have no intention of taking their “foot off the gas” in Tuesday’s meeting with the Maldives despite qualification for the 2019 AFC Asian Cup already being secured. The penultimate outing in Group D will allow Palestine to celebrate their second consecutive AFC Asian Cup Finals appearance with […]

The Maldives digital ID drives multi-application to the next level

The Maldives digital ID drives multi-application to the next level

3 min read

Want to see the future of multiple application digital IDs? Aim your gaze at a tiny spot in the Indian Ocean, where the Maldives, an island country known more for exotic tourism than technological advancement, is moving forward with one of the most innovative digital ID projects in the world. The new card is also […]

BioElectronics

BioElectronics Vietnam Distributor, PharmEvo, Announces Electroceutical Symposium, Expansion into Cambodia & The Maldives

2 min read

FREDERICK, MD–(Marketwired – Nov 13, 2017) – BioElectronics Corporation (OTC PINK: BIEL) is the maker of advanced, non-prescription pain management medical devices. We are pleased to announce that PharmEvo, our distributor in Vietnam, is hosting an Electroceuticals symposium following a successful launch of their sales & marketing strategy. Additionally, PharmEvo is expanding their territory to […]