A digest of news and opinion from the Maldives.
Luxury resort Kanuhura Maldives rolls out its festive program, which includes bespoke festive options for luxury travellers. Highlights of the Christmas and New Year high season include gourmet dining across its eight restaurants and bars culminating in a stunning poolside Christmas Eve gala dinner and a Great Gatsby-themed New Year’s Eve party on the beach […]
Institute of Corporate Directors and secretaries of Capital Market Development Authority (CMDA) along with Women on Boards (WOB) started “Company Secretaries Training Program” aimed for those interested in the field. With 35 participants this program was started in the MME training hall on the 18 October and will go on until 19 October 2017. This […]
Palm Beach Resort and Spa Maldives have relaunched as Palm Beach Island Resort and Spa Maldives under a local management. Italian operator Sun Sporting Holidays ceased operations in September 2017 citing external pressure. Palm Beach Island Resort and Spa Maldives is set on one of the largest islands in Maldives, Madhiriguraidhoo in the northern Lhaviyani […]
State Trading Organization (STO) has signed as a platinum sponsor for the Maldives Investment Forum (MIF), which is to be held in Dubai on 18th December 2017. The documents were officially signed by General Manager of Business Development Mr Muslih Maseeh on behalf of STO and Deputy Minister Mr Adam Thaufeeq on behalf of Ministry […]
MTCC has done everything possible in order to protect the rights of its shareholders according to Registrar of Companies, Ms Mariyam Visam. Visam added that Maldives Transport and Contracting Company Plc is one of the most important companies to be formed in the Maldives and even during its inception, it had all the features of […]
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 […]
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 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, […]
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 […]