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A digest of news and opinion from the Maldives.

Death penalty violent and ineffective form of punishment, says UK

Death penalty violent and ineffective form of punishment, says UK

2 min read

The death penalty is a violent and ineffective form of punishment that has no deterrent or protective value, the UK has said following the Maldives’ decision to lift its moratorium on executions. British minister Lord Ahmad of Wimbledon told the House of Lords Monday the government had engaged the Maldives at the highest levels on […]

Education ministry hits out at professor ‘ban’ reports

Education ministry hits out at professor ‘ban’ reports

2 min read

The Education Ministry Tuesday hit out at reports that a popular professor has been banned from giving lectures at local schools. Mihaaru said that Professor Hassan Ugail, the first Maldivian scientist and PhD holder in mathematics, was banned by the Education Ministry. The report was later edited to say he faced “challenges” to appear at […]

Two Islamic State suspects charged over suicide attack plot

Two Islamic State suspects charged over suicide attack plot

2 min read

Two people with connections to the Islamic State group have been charged for planning and attempting to take part in a suicide attack, officials confirmed Tuesday. The men are affiliated with the jihadi group operating out of parts of Syria and Iraq, the Prosecutor General’s office said. PG spokesman Adam Thaufeeq told the Maldives Independent […]

Kuredhivaru Resort is steps away from completion

Kuredhivaru Resort is steps away from completion

2 min read

The resort being developed on the island of Kuredhivaru in northern Noonu Atoll is near completion. According to sources, the island which was being developed as a space-age resort is almost complete, with the planned underwater hotel structure visibly constructed above water. A brainchild of Polish company Deep Ocean Technology and backed by Swiss investors, […]

Coconuts or progress? President’s question for Kulhudhuffushi

Coconuts or progress? President’s question for Kulhudhuffushi

4 min read

President Abdulla Yameen has told the people of Kulhudhuffushi they can either stay in the past or move with the times. He has not visited the island for two years but was there on Sunday for the ruling party’s annual rally. PPM supporters, heads of state-owned firms and senior government officials have been flocking to […]

Controversial airport project inaugurated despite lack of contractor

Controversial airport project inaugurated despite lack of contractor

3 min read

Kulhudhuffushi airport will be completed by the middle of next year, authorities have said, despite the government not yet hiring a contractor to build it. Tourism Minister Moosa Zameer and other ruling party figures were on the remote island Sunday to inaugurate the project, which involves the destruction of mangroves. Building the airport was a […]

Maldives Stock Exchange & Maldives Securities Depository appoints new CEO

Maldives Stock Exchange & Maldives Securities Depository appoints new CEO

1 min read

On 18 September 2017, the Board of Directors of the Maldives Stock Exchange (MSE) Company and the Maldives Securities Depository (MSD) appointed Mr Aushan Latheef as their new CEO and Managing Director. Mr Aushan Latheef was appointed following a rigorous application process, which included an interview by the Board of Directors. He completed his Master’s Degree […]

MIRA earns MVR 983.5 million in October 2017

MIRA earns MVR 983.5 million in October 2017

1 min read

Maldives Inland Revenue Authority (MIRA) earned MVR 983.5 million revenue in October 2017. This includes USD 38.1 million earnings and is 10.7 percent higher than the October earnings of 2016. The highest percentage of earnings came from Goods and Services Tax (GST) which is MVR 539.5 million. Total tax revenues for October 2017 was MVR […]