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A digest of news and opinion from the Maldives.

Business

Negotiations launching of China - Maldives FTA

Benefits from China – Maldives FTA

3 min read

The original Dhivehi article was published on Avas.mv website on 30th March 2017. The following is a loose translation: The decision to make a Maldives – China Free Trade Agreement (FTA) was taken in December 2014, in China. And to see if this was feasible, experts from both sides met on 4 February 2015. And […]

Maldives-China FTA could plunge Maldives into political crisis

Maldives-China FTA could plunge Maldives into political crisis

3 min read

NEW DELHI: Neighbouring Maldives could plunge into a fresh crisis with the main Opposition Maldives Democratic Party (MDP) led by former President Nasheed raising red flag over Maldives-China FTA that was rushed through Parliament on Wednesday in a record one hour without any debate. Sino-Maldivian trade balance remains considerably in favour of China, and there […]

Made in “China – Maldives” free trade agreement

Made in “China – Maldives” free trade agreement

4 min read

On 29 November, Abdulla Maseeh Speaker of Parliament called for an emergency sitting, to pass the FTA with China. 1000 page Agreement was sent to the Parliamentary oversight committee on national security affairs within 3 minutes of submission to the floor. The Committee reviews the Agreement took less than 10 minutes behind the close door […]

Maldives uses borrowings only for capital expenditure: Central Bank Chief

Maldives uses borrowings only for capital expenditure: Central Bank Chief

6 min read

Maldives Monetary Authority Governor Ahmed Naseer has said that since the expected total revenue (excluding grants) of the Government is 1.3 times higher than the expected current expenditure, the revenue is sufficient to cover current expenditure, and funds raised from borrowings are used solely for capital investments. On 22 November, a National Budget of MVR27.9 […]

Aerial view of HDh. Kulhudhuffushi, which shows the large mangrove swamp of the island. PHOTO/EYEWELL PORTRAIT

Ooredoo Maldives expands fixed broadband to Kulhudhuffushi

1 min read

Ooredoo Maldives has launched fixed broadband services at up to 100 Mbps in Kulhudhuffushi. As a special launch offer, Ooredoo is providing a 25 percent discount on monthly fees for three months for customers acquiring a SuperNet connection in Kulhudhuffushi before 31 December. The service is being provided with the support of Wavelength, Ooredoo’s infrastructure […]

Two staff of Fenaka lays the foundation of one of the towers to be developed under the mega "Hiyaa" project in Hulhumale's second phase of development. PHOTO/PRESIDENT'S OFFICE

Three more state companies open bids to develop towers in Hulhumale

2 min read

Two staff of Fenaka lays the foundation of one of the towers to be developed under the mega “Hiyaa” project in Hulhumale’s second phase of development. PHOTO/PRESIDENT’S OFFICE Maldives Transport and Contracting Company (MTCC), Maldives Ports Limited (MPL) and Waste Management Corporation Limited (WAMCO) have also opened bids to develop towers of 15-storeys in the […]

Dhiraagu-Guesthouse-TV-presentation.-Credits-to-Avas-696x465

Dhiraagu introduces Guesthouse TV

1 min read

Dhiraagu introduced special TV packages for guesthouses in Maldives. Guesthouse TV consists of 3 different packages. The impending plan for Guesthouse TV was announced by the company at the Dhiraagu Guesthouses Maldives Conference 2017 held at Paradise Island Resort and Spa. According to the leading telecommunications service provider of Maldives, Guesthouse TV will be available […]

MTCC's biggest dredger 'Mahaa Jaffar' entering H. Dh. Kulhudhuffushi on October 25, 2017. PHOTO : MTCC

6 Hectares of land reclaimed for Kulhudhuffushi Airport

1 min read

Mahaa Jarraafu entering Kulhudhuffushi – Image source: Mihaaru A land area of 6 Hectares has been reclaimed in HDh. Kulhudhuffushi according to Maldives Transport and Contracting Company (MTCC). CEO of MTCC Mr Ibrahim Ziyath gave a statement to Avas, saying that 6 Hectares of land has been reclaimed by now and that the project will […]

Mr Oisin Lunny,

Expert from OpenMarket to speak at Maldives CX Conference 2017

1 min read

Mr Oisin Lunny, a keynote speaker specialised in mobile technology is scheduled to speak at the first ever Maldives CX Conference 2017. Mr Lunny, who has shared information at events worldwide will be speaking about reaching modern consumers through proper usage of the new mobile technology. The conference organised by Customer Experience Foundation Maldives will […]