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A digest of news and opinion from the Maldives.

Business

ferry terminal auto gates

Hulhumalé population growing rapidly, but ferry system is derelict

6 min read

The original Dhivehi article was published on Mihaaru.com website on 15th January 2018. The following is a loose translation: In the Maldives, most of the commuters come from Hulhumalé city. Statistics show that for various purposes, 25,000 people travel back and forth from Hulhumalé to Malé via the ferry. In Hulhumalé city where people started […]

Development of a 50 megawatt power plant in Hulhumale by Dongfang Electric Corporation of China.

Male-Hulhumale high voltage cable project halted as graft probe begins

3 min read

Development of a 50 megawatt power plant in Hulhumale by Dongfang Electric Corporation of China. On the orders of the Anti-Corruption Commission, State Electric Company (STELCO) has halted awarding the project to lay a high voltage power cable between capital Male and reclaimed suburb Hulhumale to Dongfang Electric Corporation (DEC) of China. DEC had proposed […]

breakwater being done - new terminal area of VIA

New terminal work progressing at snail speed

4 min read

The original Dhivehi article was published on Avas.mv website on 10th January 2018. The following is a loose translation: There are many developmental works currently ongoing at Velana International Airport (VIA). There is no doubt about that. You would see new changes happening in every direction at the main airport. Especially, at the high-speed runway […]

Stealing paradise screen capture

USD 66.38 million: the biggest ever robbery from Maldives’ public fund

3 min read

The original Dhivehi article was published on Raajje.mv website on 14th January 2018. The following is a loose translation: Financial regulations were altered to enable the heist An exact figure of the money delivered to President Yameen’s residence is yet unknown Some works of the ministry of tourism’s were transferred to MMPRC Between 17 July […]

21 Million USD collected as airport development fee in 2017

21 Million USD collected as airport development fee in 2017

1 min read

Velana International Airport (VIA) collected 21.4 million dollars as airport development fee last year. The government started charging airport development fee from tourists starting May of 2017. Airport development fee was charged as means to increase government revenue. According to statistics reports from Maldives Inland Revenue Authority (MIRA), 21.47 million USD was collected as airport development […]

MIRA reports increase in revenue by 6.8%

MIRA reports increase in revenue by 6.8%

1 min read

Revenue collected by Maldives Inland Revenue Authority (MIRA) has increased by 6.8% from expected figures. The government tax authority confirms that the state collected MVR 15.1 billion at the end of 2017, which is a 4.8% increase compared to the revenue collected in 2016, which was MVR 14.5 billion. This has been registered as a […]

Malé land to be leased without bidding

Malé land to be leased without bidding

1 min read

The tourism ministry has added a plot of land from the capital to the list of properties up for long-term lease without any bidding process. The land is estimated to be 19,343 square feet with an acquisition cost of MVR1.4 million (US$90,800). Parliament authorised the government to lease islands for tourism development without any competitive […]

Anti-graft watchdog probes project handover to Chinese firm

Anti-graft watchdog probes project handover to Chinese firm

2 min read

Photo: @presidencymv The anti-graft watchdog wants to stop the handover of a project to a Chinese company over corruption complaints. Hassan Manik, information officer of the Anti-Corruption Commission, confirmed to the Maldives Independent that the watchdog was looking into complaints. The investigation is at the evaluation stage, he said, but declined to elaborate. Donfang Electric […]

AirAsia announces expansion plans: AirAsia X to begin flights into Maldives

AirAsia announces expansion plans: AirAsia X to begin flights into Maldives

2 min read

Malaysian low-cost airline AirAsia has announced that they are to expand their operations into the Maldives with the introduction of long-haul affiliate AirAsia X in addition to the daily flights currently operated by the main airline AirAsia. In a statement released by AirAsia, AirAsia X would operate four times weekly from Kuala Lumpur-Male service starting […]