A digest of news and opinion from the Maldives.
Fuel Supplies Maldives (FSM) has celebrated 20 years of its inception on 18th December 2020. At a special function held upon the occasion, earlier yesterday, the guest of honour, the CEO of STO Group, Hussain Amru Mohamed Rashad extended his heartfelt gratitude and wishes upon the dedicated and loyal employees at FSM. Amru further remarked […]
Telecom giant Ooredoo has strengthened its internet infrastructure at Velana International Airport to cater to the increasing arrivals of tourists, ensuring that a great Internet experience is there to welcome them to the Maldives. According to a tweet by Najib Khan, the CEO of Ooredoo Maldives, the internet infrastructure provided by the company is now […]
President Ibrahim Mohamed Solih has on Thursday ratified the Transitional Justice Act (Act number: 28/2020). The Act was passed by the Parliament on 29 November 2020, at the 23rd sitting of the third session of the People’s Majlis. The key goals of the Transitional Justice Act are to end the culture of impunity and strengthen […]
Maldives Transport & Contracting Company (MTCC) will be celebrating its 40th anniversary tomorrow, the 18th of December. This momentous occasion marks four decades of incredible milestones for MTCC, which is now one of the strongest business entities in the country with a diversified range of products and services. MTCC was incorporated on 18 December 1980 […]
Housing Development Corporation (HDC) has signed a contract with Rainbow Mega Developers for the development of the infrastructure projects under “Mixed Residential Development” in Hulhumale’. In a signing ceremony held yesterday at HDC, the agreement was signed on behalf of Rainbow Mega Developers by its Director Mazin Ibrahim Rafiq, and by HDC’s Managing Director Shuhail […]
The national carrier, Maldivian has reported a loss of MVR 110 million. Statistics of Privatization and Corporatization Board (PCB) reveal that Island Aviation Services (IAS), the company which operates Maldivian, income fell by 76 per cent in the second quarter of 2020 when compared with the same period in 2019. PCB oversees state-owned companies IAS […]
As the festive season approaches, Hideaway Beach Resort & Spa wishes its guests a memorable stay and a joyful start to 2021. The team warmly invites guests to celebrate the season with a fabulous festive programme inclusive of indulgent culinary delights, unique activities, entertainment, and more special treats designed to ensure an unforgettable experience. This […]
The COVID-19 pandemic is the latest crisis facing the world, but unless humans release their grip on nature, it won’t be the last, according to a new report by the United Nations Development Programme (UNDP), which includes a new experimental index on human progress that takes into account countries’ carbon dioxide emissions and material footprint. The […]
State-owned companies or enterprises (SOEs) have reported a loss in earnings of 86 per cent in the second quarter of 2020, compared to the same period in 2019. The Privatization and Corporatization Board (PCB) publicized the second quarter statistics of state-owned companies yesterday. According to the PCB, only MVR 138 million was reported as the […]