A digest of news and opinion from the Maldives.
First edition of Insurance Insights Seminar Series organised by Dhivehi Insurance has commenced on 30th October at Champa Central Hotel. Some of the leading finance and business personalities in Maldives were in attendance at this seminar which was on The Essentials of Corporate Insurance The chief guest of the event was Ms Aishath Zahira, Deputy […]
In its quarterly update published today, Bank of Maldives unveiled strong financial results for Quarter 3 2017. Profit After Tax at MVR 247 million was up 35% on the previous quarter due to solid performance in all core business activities, a robust loan book and notwithstanding the Bank’s significant ongoing MVR 300 million community investment […]
Photo by Summer Island Summer Island Maldives has won the prestigious award for ‘Leading Beach Resort / Hotel’ in South Asia, at the annual South Asian Travel Awards (SATA) held at Equator Village, Addu Atoll. The 4* resort, located in North Male’ atoll, fought off competition from rivals in the Maldives, Sri Lanka and India […]
A new media regulator proposed by government-sponsored legislation currently before parliament can impose hefty fines and temporarily shut down newspapers and TV stations. After investigating breaches of a new code of ethics, the Maldives Media Commission can order print and online outlets to make corrections, issue warnings, and impose fines of up to MVR100,000 (US$6,485 […]
Work began Saturday on a controversial airport project on the island of Kulhudhuffushi after fast-tracked environmental regulatory processes. The state-owned Maldives Transport and Contracting Company started digging on the beach near the island’s mangroves for a “bund wall” to mark a boundary for reclamation, a company spokesman told the Maldives Independent. But the deadline for public feedback […]
Civil Court Judge Mohamed Haleem scheduled a record 160 cases Thursday, heard 153 cases and delivered judgments in 66 cases. Haleem mainly adjudicates housing and real estate disputes. Starting at 8 am, an hour before the earliest hearings are normally scheduled, he heard the cases throughout the day with an average of about six minutes […]
The Employment Tribunal has ruled that the state-owned airport company’s dismissal of an employee for sharing an anti-government Facebook post was fair and legal. Ismail Sivaan, a driver at the Maldives Airports Company Ltd, which manages the main international airport, was sacked in May following an anonymous complaint about third-party content on his personal Facebook account. […]