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A digest of news and opinion from the Maldives.

Business

MATATO to take part in 19 international travel trade fairs

MATATO to take part in 19 international travel trade fairs

2 min read

Maldives Association of Travel Agents and Tour Operators (MATATO) have released their plans for the year 2018. They are expected to participate in no less than 19 international travel trade fairs and exhibitions respectively. Below is a detailed list: 1. Tehran International Tourism Exhibition in Tehran, Iran (January 23-26) 2. South Asian Travel and Trade […]

Government creating ‘youth slums’ in Maldives, says ex-minister

Government creating ‘youth slums’ in Maldives, says ex-minister

2 min read

The government is “creating youth slums” with new flats in Hulhumalé aimed at married couples, a former housing minister told the Maldives Independent on Tuesday. The Housing Development Corporation (HDC) earlier this month invited bidders to submit proposals for the construction of a 14-storey residential block comprising 322 one-bedroom apartments with 23 apartments on each […]

Maldives records MVR 166 million as Airport Development Charge

Maldives records MVR 166 million as Airport Development Charge

1 min read

The Maldivian government has revealed that they have received MVR 166 million as departure tax from all operating international airports collectively. According to Maldives Inland Revenue records, MVR 166 million was received as airport development charge (ADC) until the end of September 2017. MVR 47 million was recorded in September 2017 alone. In order to […]

Foreign investments approved passes USD 1 billion mark

Foreign investments approved passes USD 1 billion mark

2 min read

Foreign investments approved this year has already passed the USD 1 billion mark, according to Registrar of Companies, Ms Mariyam Visam. Over the past 3 years, each year the Ministry of Economic Developments has approved foreign investments worth commitment of USD 1 billion. This year, due to real estate and construction projects that are underway, […]

Maha Jahraaf to reclaim land for Kulhudhufushi Airport as its first project

Maha Jahraaf to reclaim land for Kulhudhufushi Airport as its first project

2 min read

MTCC has announced that their new suction hopper dredger “Maha Jahraaf” will work on the land reclamation project for the Kulhudhufushi Airport as its first project. MTCC CEO Ibrahim Ziyath said that once the dredger arrives in Maldives, it will make its way to Kulhudhufushi and will immediately begin works on the airport project. According […]

No Chinese, no business: The Peking Pound and the Maldives

No Chinese, no business: The Peking Pound and the Maldives

4 min read

On a Thursday evening, fishermen from the local market push buckets of fish guts to the low-lying seawall north-west of the capital, tipping the remains into the sea. Around a dozen whiptail stingrays, lured by the easy meal, scamper to the surface of the ocean for the feast. Ming Yang Hi and his wife follow […]

Seaplanes of Maldivian docked at Velana International Airport.

Maldivian looks to expand fleet with 2 airliners, 4 seaplanes

2 min read

Seaplanes of Maldivian docked at Velana International Airport. The Maldives’ national carrier Maldivian on Monday announced plans to expand its fleet with two more airplanes and four seaplanes. Maldivian’s managing director Abdul Haris revealed that the company is working to bring in a seaplane next month and a Dash 8 airliner, which seats 50 people, […]

Qatar Airways to operate Airbus A350 to Maldives

Qatar Airways to operate Airbus A350 to Maldives

2 min read

Qatar Airways has announced that all Qatar Airways flights to and from Maldives are to be upgraded to one of the world’s most modern aircraft; the Airbus A350. Qatar Airways was the launch customer for the A350 on the 15th January 2015, and the airline also has over 80 of them on order between the […]

Hotelier Maldives GM Forum to be held on April 18th 2018

Hotelier Maldives GM Forum to be held on April 18th 2018

2 min read

Perspective Pvt Ltd (PPL) has announced that they are to host the third Hotelier Maldives GM Forum on the April 18th, 2018 in Kurumba Maldives which is the first resort property in Maldives. Hotelier Maldives launched the Hotelier Maldives GM Forum in 2016 with keynote speeches from industry leaders and panel discussions from experts in […]