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A digest of news and opinion from the Maldives.

Business

Six Senses Laamu triumphs as Eco-Hotel of the year

Six Senses Laamu triumphs as Eco-Hotel of the year

2 min read

Six Senses Laamu has taken home the 2017 Eco-Hotel of the Year award by AsiaSpa, in the 13th annual ceremony held in Hong Kong recently. The AsiaSpa Awards were created by AsiaSpa magazine in 2005 to recognize the leaders in Asia’s dynamic wellness industry. The prestigious accolade sets the benchmark for quality and innovation for […]

Negotiations launching of China - Maldives FTA

Island hopping — on Maldives-China FTA

3 min read

The announcement of a free trade agreement between the Maldives and China is another sign of Beijing’s success in its outreach in South Asia. After its push for maritime linkages across the Indian Ocean, including naval exercises and port projects, and for the enhancement of regional connectivity through the Belt and Road Initiative, China seems […]

Laniakea Tech partners with RepUp, future of Customer Experience & Reputation Management in Hotel Industry

Laniakea Tech partners with RepUp, future of Customer Experience & Reputation Management in Hotel Industry

2 min read

Laniakea Tech have partnered with RepUP to introduce StayMX/ReviewMX, which will be the future of Customer Experience & Reputation Management in Hotel Industry of Maldives. “Currently over 2000 beds across the country uses StayMX/ReviewMX & we expect it to reach over 20,000 beds by by 2020 catering to over a million tourists,” said Ali Akhthar, CEO of Laniakea Tech. […]

Aerial view of the over crowded Malé

Maldives CPI: Rents still on the rise

1 min read

The original Dhivehi article was published on Avas.mv website on 7th December 2017. The following is a loose translation: It is common to hear of soaring house rents. And it could be fair to say it is the main ailment of the Maldivian social sickness.In truth, the house rents are rapidly rising. The statistic bureau‘s […]

Sinomach International Sungrow company's vice president Ziyao Zian Don (L) and environment minister Thoriq Ibrahim sign contract awarding the installation of hybrid power plants in Shaviyani and Noonu atolls to Sinomach.

China firm to install hybrid power plants in Shaviyani, Noonu atolls

2 min read

Sinomach International Sungrow company’s vice president Ziyao Zian Don (L) and environment minister Thoriq Ibrahim sign contract awarding the installation of hybrid power plants in Shaviyani and Noonu atolls to Sinomach. The Maldives government has awarded the project to design and install hybrid power plants in all inhabited islands of Shaviyani atoll and Noonu atoll […]

Gasim’s Villa laying off staff

Gasim’s Villa laying off staff

2 min read

Jumhooree Party leader Gasim Ibrahim’s Villa Group conglomerate is laying off staff due to financial constraints, Mihaaru has reported. “We’re reducing staff from various places. But we assure that no common employee will be dismissed from any resort operated by Villa. Even if we dismiss some senior staff, we won’t fire any staff like room […]

Moody's

Moody’s indicates ratings push for Maldives if debt is lowered

2 min read

Ratings giant Moody’s has indicated that they would consider raising ratings for the Maldives if fiscal deficit is lowered. Moody’s said that if the deficit continues to increase, then it will impact the ability for the nation to borrow. At 65.7 percent of GDP in 2016, debt is significantly above the median for B-rated sovereigns […]

Sri Lanka's Spectrum College and Embassy of Maldives sign and exchange agreements for Spectrum to provide special discounts to Maldivian students that enroll at the college via MECC. PHOTO/EMBASSY OF MALDIVES

Sri Lanka’s Spectrum College to provide discounts to Maldivian students

2 min read

Sri Lanka’s Spectrum College and Embassy of Maldives sign and exchange agreements for Spectrum to provide special discounts to Maldivian students that enrol at the college via MECC. PHOTO/EMBASSY OF MALDIVES Spectrum College in neighbouring Sri Lanka signed an agreement with the Embassy of Maldives on Tuesday to provide special discounts for Maldivian students that […]