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A digest of news and opinion from the Maldives.

Business

MMA Seeks Technical Consultant for Establishment of National Payment System

MMA Seeks Technical Consultant for Establishment of National Payment System

1 min read

Maldives Monetary Authority (MMA) has announced that it is seeking a technical consultant to assist in the development of a national payment system. The instant payments infrastructure, once implemented, will serve the payment needs of all entities in the Maldives, consistent with global best practices that promote innovation and healthy competition. MMA is seeking individuals […]

Mohamed Mihad to be Appointed as MD of Island Aviation

Mohamed Mihad to be Appointed as MD of Island Aviation

1 min read

The President’s Office has proposed to the Privatization and Corporatization Board (PCB) to appoint Mohamed Mihad as Managing Director of Island Aviation. PCB is currently evaluating Mihad for the position, and he will be officially confirmed for the position by PCB after the vetting process. The decision to appoint Mihad for the MD position has […]

F. Dharanboodhoo Harbour Project 36% Completed: MTCC

F. Dharanboodhoo Harbour Project 36% Completed: MTCC

1 min read

Maldives Transport and Contracting Company (MTCC) has announced a project update regarding the F. Dharanboodhoo Harbour. According to MTCC, work on the design and build of F. Dharanboodhoo Harbour is well underway, with an overall 36% project progress. Installation of precast concrete blocks required for quay wall construction is currently ongoing, with an overall 85% […]

HDC Seeks Developer for Fuel Station in Hulhumale’ Phase 2

HDC Seeks Developer for Fuel Station in Hulhumale’ Phase 2

1 min read

Housing Development Corporation (HDC) is seeking potential parties to submit a proposal for the development and operation of fuel stations in Hulhumale’ Phase 2. The land plots identified for the project are Plot: RD-4(a) (Lot 20455), measuring an area of 7,327.20 sqft Plot: N4-24(C) (Lot 20435), measuring an area of 10,179.31 sqft According to HDC, […]

Maldives Among Top 6 Trending Destinations of 2021!

Maldives Among Top 6 Trending Destinations of 2021!

2 min read

Lonely Planet has compiled a list of the top six destinations travellers are looking forward to travelling to in 2021 and Maldives has landed a spot on it. In surveys and search results alike, the remote archipelago of Maldives, famed for its pristine beaches and lively underwater ecosystem is trending high. Named the top destination […]

Mohamed Rizvi Appointed as the Managing Director of Regional Airports

Mohamed Rizvi Appointed as the Managing Director of Regional Airports

1 min read

National flagship carrier, Maldivian Aero’s Managing Director, Mohamed Rizvi has been appointed as the Managing Director of Regional Airports Company. Privatization and Corporatization Board (PCB) has stated that Mohamed Rizvi was nominated for the post by the President’s Office. Regional Airports Company was established to manage and operate all the regional airports within the atolls. […]

MATI Endorses Maldives Butler Academy

MATI Endorses Maldives Butler Academy

2 min read

Maldives Association of Tourism Industry (MATI) has endorsed Maldives first training institute dedicated to the training of Butlers in the Maldives, Maldives Butler Academy. “MATI recognizes the importance of an institution that is focused on developing Butlers that will serve in the Maldives hospitality and beyond,” MATI commented. Maldives Butler Academy is the first Butler […]

Maldives Post to Initiate Postal Banking and Financial Services

Maldives Post to Initiate Postal Banking and Financial Services

1 min read

Maldives Post has yesterday signed a Memorandum of Understanding (MoU) with Ms Fathimath Shafeega to carry out research and consultancy work with the aim of initiating postal banking and financial services in the Maldives. In developed countries all over the globe, postal banking and related financial services are often utilized through the post, especially due […]

Maafaru International Airport Wraps Up 2020 with 253 Jet Landings

Maafaru International Airport Wraps Up 2020 with 253 Jet Landings

2 min read

In spite of the temporary halt in the industry in 2020, Maafaru International Airport has wrapped up the year with 253 jet landings. Mumthaz Ali, General Manager of Maafaru International Airport highlighted that the tourist arrivals to the airport were dominated by the Russian market with most arriving in private jets. The airport witnessed the […]