A digest of news and opinion from the Maldives.
Maldives’ president Abdulla Yameen and China’s president Xi Jingping watch as Maldives’ economic minister Mohamed Saeed and China’s commerce minister Zhong Shan sign the free trade agreement between the Maldives and China. PHOTO/PRESIDENT’S OFFICE The governments of the Maldives and China signed the long-discussed free trade agreement (FTA) on Thursday. The agreement was one of […]
BEIJING, Dec. 7 (Xinhua) — China and the Maldives agreed to strengthen cooperation on tourism, as Chinese Premier Li Keqiang met with the Maldives President Abdulla Yameen Abdul Gayoom in Beijing Thursday. “China has been the Maldives’ biggest source of tourists for seven consecutive years, and there is huge potential for more cooperation,” Li said. […]
Twelve key agreements were signed today between the Government of Maldives and Government of China. The ceremony was held at the Great Hall of People in Beijing this afternoon. President Abdulla Yameen Abdul Gayoom and President Xi Jinping witnessed today’s signing ceremony. The agreements signed today are as follows: 1. MoU between the Government of […]
An employee of BML pictured counting US Dollars. Following a drop in US Dollar revenue, the usable reserve of the state treasury declined to USD 179 million by the end of October. According to Maldives Monetary Authority (MMA)’s economic review, the central bank’s usable reserve stood at MVR 179.8 million by October end, which is a […]
President Abdulla Yameen (C) speaks at the Business Leaders Forum during his first state visit to China. PHOTO/PRESIDENT’S OFFICE The Maldives would always welcome foreign investments and the best time to invest in the archipelago is now, proclaimed president Abdulla Yameen on Thursday in China. Yameen and first lady Fathimath Ibrahim is currently on a […]
Alia Investments, one of the leading trading companies in Maldives received two prestigious awards at the Maldives Boating Awards 2017. The company was named the “Marine Engineering Service Provider of the Year” for the outboard engines. Along with the “Most Preferred Marine Engine Brand of the Year 2017” for their Yamaha engines. The company which […]
Doosan Engine secures “Most Preferred Marine Engine Brand of the Year” for the third consecutive year. The engine brand which is distributed in the Maldives by VAMCO is being used in more than 400 vessels across the country. VAMCO also received the Boat Equipment Supplier of the Year Award at the Boating Awards ceremony. According […]
Latvian food and beverages producer Ilgezeem has started selling its products in Israel, Iran, the Maldives, the Netherlands and Finland, the company’s marketing and sales head Rihards Jablokovs told LETA. Jablokovs said that Ilgezeem is currently shipping products to Israel, Iran and the Maldives in containers and that smaller amounts of Ilgezeem products – two […]
Jumeirah Vittaveli villa and resort in Maldives is delighted to be named the 2017 Global Hotel of the Year, in the 11th edition of the World Luxury Hotel Awards, held in St. Moritz, Switzerland over the weekend. Voted by over 300,000 travellers to name their favourite luxury hotel over a four-week period, Jumeirah Vittaveli in Maldives stood out. Renowned for its […]