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A digest of news and opinion from the Maldives.

2020

Service Charge in Tourism Sector Mandatory from New Year

Service Charge in Tourism Sector Mandatory from New Year

8 min read

On New Year’s day, the law will make service charge a mandatory levy in the Maldives tourism sector. As many resorts and other tourism establishments prepare to implement the legal imposition, challenges are emerging in understanding what the law essentially says or what it precisely means. The difficulty is multiplied by the absence of rules […]

‘Workshop on Capacity Building of NGO Partners’ Has Begun!

‘Workshop on Capacity Building of NGO Partners’ Has Begun!

2 min read

The ‘Workshop on Capacity Building of NGO Partners’ has begun, held by the Global Environment Facility (GEF) Small Grants Programme (SGP) and the United Nations Development Programme (UNDP). The proposal writing and project management workshop is being held from 27 December 2020 to 2 January 2021 for the successful grantees of the latest round of the small grants […]

Renowned Businessman, Ibrahim Hassan Passes Away

Renowned Businessman, Ibrahim Hassan Passes Away

1 min read

Ibrahim Hassan or famously known as “Lakudi Seytu” has passed away aged 65. A well-known figure in the industry, Hassan built his business on the sale of timber in the Maldives. Hassan is a relative of business tycoon and parliamentarian, Qasim Ibrahim and was a huge supporter of his political works through Jumhooree Party (JP). […]

World’s Largest Dental Products Brand Now in Maldives!

World’s Largest Dental Products Brand Now in Maldives!

1 min read

Dentsply Sirona, the world’s largest dental products brand is now in the Maldives, distributed by Medtech Maldives. Ready stocks of consumables are available for the following specialities: Endodontics Orthodontics Prosthodontics Periodontics OMF – Oral & Maxillofacial Surgery Pedodontics General Dentistry The authorized distributor of this well-known brand is Medtech Maldives. Medtech Maldives Pvt Ltd is […]

More Routes from Ukraine! Two Airlines Begin Charter Operations to Maldives

More Routes from Ukraine! Two Airlines Begin Charter Operations to Maldives

1 min read

Ukraine International Airlines has begun charter operations to the Maldives with its first flight arriving at Velana International Airport on Saturday. This marks the second charter operation that commenced flights to the country from Ukraine along with Azur Air Ukraine which also commenced operations on 26th December. The country’s flag carrier Ukraine International Airlines (UIA) connects […]

Local Island Councils Retain Power to Allocate Areas for Tourism Development

Local Island Councils Retain Power to Allocate Areas for Tourism Development

2 min read

President Ibrahim Mohamed Solih has ratified the 10th amendment to the Maldives Tourism Act, outlining key changes in how islands are allocated for tourism purposes. The amendment was passed by the Parliament at the 28th sitting of its third session, on 07th December 2020. The new amendment vests the President with the powers to allocate […]

With a Shortage of Buses at the Airport, How Can We Cater to Growing Demand?

With a Shortage of Buses at the Airport, How Can We Cater to Growing Demand?

1 min read

As tourist arrivals spike for the peak holiday season, there has been an increasing number of delays in disembarkation at Velana International Airport (VIA). Some reports go so far as to claim that a single flight takes hours to disembark, resulting in a domino effect of congestion and complaints. The apparent culprit? A shortage of […]

BML Islamic Introduces Green Financing for Environment-Friendly Projects

BML Islamic Introduces Green Financing for Environment-Friendly Projects

2 min read

BML Islamic has today introduced Green Financing for individuals or businesses to finance environment-friendly projects such as solar power generation or investments in energy-efficient products. For the newly introduced unsecured Green Financing, eligible customers can finance from MVR 50,000 up to MVR 500,000 without any additional security or equity contribution for a 5-year tenor at […]

CEO of Ooredoo Maldives Wins Asia’s Most Inspiring Leaders Award!

CEO of Ooredoo Maldives Wins Asia’s Most Inspiring Leaders Award!

1 min read

Najib Khan, MD and CEO of Ooredoo Maldives, has been awarded Asia’s Most Inspiring Leaders Award at the Asia Corporate Excellence & Sustainability Awards 2020 (ACES). Najib Khan has been the CEO of Ooredoo Maldives since April 2017 and is a non-independent Executive Director. He is also the Managing Director of the company effective from […]