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A digest of news and opinion from the Maldives.

Corporate Maldives

Reethi Faru Resort to open in November 2017

Reethi Faru Resort to open in November 2017

1 min read

Source: reethifaru.com Reethi Faru, a brand new 4-star resort situated on the island of Filaidhoo in Raa Atoll is set to open in November 2017. The property which received its name from the stunning house reef (reethi faru) which is just 30 to 80 meters from shore, was leased to Mahagonhy group in 2015. The resort […]

Voting commences for Adventures of Maldives Video Competition

Voting commences for Adventures of Maldives Video Competition

1 min read

Voting started for Adventures of Maldives (Dhivehi Aahitha) Video Competition on Sunday, October 22. According to Maldives Marketing and Public Relations Corporation (MMPRC), voting will go on until 1400hrs (GMT +5) on 5th November 2017. The videos that receive most likes will be judged by a panel of specialists who will select the winner and […]

Sirru Fenfushi to open at Shaviyani Gaakoshibee in December 2017

Sirru Fenfushi to open at Shaviyani Gaakoshibee in December 2017

2 min read

Sirru Fenfushi, the ultra-luxury resort developed in Shaviyani Gaakoshibee is all set to open in December 2017. SC Capital Partners Group, a Singapore-based institutional real estate private equity investment firm acquired Gaakoshibee from ADK Travels Pvt Ltd of Maldives for an undisclosed amount. Since then, they have spent over USD 100 million on the property. […]

Martin Vossen to become the new CEO of Crown and Champa Resorts

Martin Vossen to become the new CEO of Crown and Champa Resorts

2 min read

Crown and Champa Resorts has appointed Mr Martin Vossen as the new Chief Executive Officer of the company. Mr Vossen will be succeeding current CEO Mr David Feinberg who will be retiring at the end of October 2017. Mr Feinberg, the outgoing CEO stated that a careful succession planning process is important, as it emphasises on […]

MTCC’s ‘Mahaa Jarraafu’ receives land reclamation offer from a Malaysian company

MTCC’s ‘Mahaa Jarraafu’ receives land reclamation offer from a Malaysian company

3 min read

Maldives Transport and Contracting Company’s (MTCC) colossal hopper suction dredger which is expected to reach Maldivian ports by October 25, received an offer for a land reclamation project from Malaysia In the press conference which was held yesterday by MTCC, CEO Ibrahim Ziyath confirmed that they have received a comprehensive offer from a Malaysian company, […]

WTM participation package handed over to Nilandhe Inn by Allied Insurance

WTM participation package handed over to Nilandhe Inn by Allied Insurance

2 min read

Allied Insurance handed over WTM participation package to the winner of Guesthouses Conference lucky draw, Nilandhe Inn. The prize was officially handed over to the guesthouse in a ceremony held in Allied Insurance on 23 October by General Manager of Turkish Airlines, Mr Faheem Bakova. Turkish Airways is the travel partner for this promotion. Co-owner […]

SABAH Maldives Annual Bazaar 2017 to be held in Addu City

SABAH Maldives Annual Bazaar 2017 to be held in Addu City

1 min read

SABAH Maldives, the Maldives chapter of the SAARC Business Association of Home-based workers will be holding the organization’s Annual Bazaar in Addu City. According to the Ministry of Economic Development, this bazaar will be held on the 24th November in Sharafuddin School, Hithadhoo and the opportunity to sign up for participation will be open until […]

MMPRC to participate in EMITT 2018

MMPRC to participate in EMITT 2018

1 min read

Source – EMITT Maldives Marketing and Public Relations Company (MMPRC) will be participating at EMITT 2018 (East Mediterranean International Tourism and Travel Exhibition) to be held in Istanbul, Turkey from 25 – 28 January 2018. EMITT is noted to be one of the top travel events held in the world annually. This tourism and travel […]

Happy Market opens 5th outlet to commemorate 25 years of service

Happy Market opens 5th outlet to commemorate 25 years of service

1 min read

Happy Market Trading Co, one of the leading importers and distributors of food and beverage items in Maldives opens 5th outlet to celebrate 25 years of running the business. “Happy Market Shop 5” which is located in Ameer Ahmed Magu, in front of the temporary building for Dharumavantha School, was officially opened by CEO of […]