A digest of news and opinion from the Maldives.
“Athletica”, a store that sells fitness equipment and supplements was robbed early on November 15, 2017. MIHAARU PHOTO / HUSSEIN WAHEED A local store that sells fitness equipment and supplements was robbed early on Wednesday morning. According to the owner of “Athletica” in the Maafannu ward of the capital Male, a total of MVR 42,000 […]
Police officers on duty: two individuals were stabbed in the capital Male on November 14, 2017. Police arrested a group of people in relation to the stabbing hours after the incident occurred. PHOTO / MIHAARU The police have taken a group of suspects into custody in relation to the stabbing incident that took place in […]
The Economic Times Asian Business Leaders Conclave (ABLC) 2017 is expected to uncap opportunities to boost trade and cultural exchanges across Asia, ASEAN and the Middle East. Asia’s most influential and promising business leaders are coming together to a single platform, ABLC. Over 400 executives from across Asia and the globe are expected to gather […]
From the footage released by the police — a man is seen retrieving money deposited by another individual after the ATM rejected his money. Maldives Police Service revealed on Tuesday that it is looking for a man who stole money belonging to someone else, that was left in a Bank of Maldives (BML) ATM. The […]
Chairperson of MDP Hassan Latheef Speaking PHOTO: Hussain Waheed/Mihaaru Main opposition Maldivian Democratic Party (MDP)’s chairperson Hassan Latheef on Monday said that it is not likely that the party could hold its national congress this year. MDP had previously planned to hold the party congress in September; however, it was postponed as the finance ministry had […]
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, […]
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 […]
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 […]
Photo credits: Avas Maldives Airports Company (MACL) has begun preparations to expand the apron area of Velana International Airport (VIA). According to Managing company of VIA, MACL the expanded apron would be able to accommodate seven wide-body aircraft at a given time once completed. MACL opened up a brand new apron in 2015 with a […]