Author: Mohamed Reehaan
Bank of Maldives (BML) on Monday, March 25, 2024, announced the appointment of the board’s new Chairperson. The national bank has appointed Hassan Zareer as the new Chairperson of the BML Board of Directors. The appointment was confirmed at the meeting of the Bank’s Board held after its Extraordinary General Meeting on Monday evening. Besides Zareer’s appointment as the new Chairperson, BML also appointed Ali Faris Mohamed as a Board Director at the EGM. With the appointment of these two new directors, the current Board of BML consist of; Karl Stumke (Chief Executive Officer and Managing Director) Aishath Noordeen Hassan…
The Japanese government has signed a grant agreement with the Maldives towards extending support to strengthen the system and capacity of the Maldives Customs Service. The agreement was signed by Takeuchi Midori, the Japanese Ambassador to the Maldives on behalf of Japan, and Moosa Zameer, the Minister of Foreign Affairs on behalf of the Maldives government. Under the terms of Exchange of Notes, Japan is committed to grant approximately USD 1.9 million for the provision of a patrol vessel, and concurrently an additional USD 400,000 for the provision of equipment to support the operations of the support vessel. In line…
State Electric Company Limited (STELCO) has urged the public and stakeholders to practice caution while installing metal frames for campaign or other purposes in Greater Male’ region. According to STELCO, iron stands and other similar materials have been installed or placed over the 132kV cables; which are part of the Greater Male’ Interconnection Grid. The grid originates from STELCO powerhouse in Male’ City and runs from Usfasgandu area in the city, and through Sinamale’ Bridge up to the substation in Hulhumale’ powerhouse. STELCO further said the electricity consumed by Male’ City is distributed from Hulhumale’ via the interconnection grid, and…
Maldives Marketing and Public Relations Corporation (MMPRC) announces multiple nominations for the island nation at the World Travel Awards 2024, under the Indian Ocean’s category. This year, Maldives has been nominated for nine distinct titles under the Indian Ocean’s category, which include; Indian Ocean’s Leading Destination 2024 Indian Ocean’s Leading Beach Destination 2024 Indian Ocean’s Leading Dive Destination 2024 Indian Ocean’s Leading Green Destination 2024 Indian Ocean’s Leading Honeymoon Destination 2024 Indian Ocean’s Leading Tourist Board 2024 Indian Ocean’s Leading Adventure Tourism Destination 2024 Indian Ocean’s Leading Cruise Destination 2024 Indian Ocean’s Leading Wedding Destination 2024 Voting for the WTA…
Arising from India’s recent diplomatic tension with the Maldives, travel platform MakeMyTrip is now facing widespread backlash and boycott threats on social media platforms. Several users are alleging the platform does not support India’s nationalistic causes. Meanwhile, microblogging platform, X is filled with “boycott Maldives” calls by Indian netizens, claiming the platform was still providing bookings to the island nation.
Maldives President Dr. Mohamed Muizzu has reportedly said India will continue to remain the “closest ally” to the Maldives, as the country seeks a debt relief from the Indian government. According to NDTV, Maldives owed approximately USD 400.9 million to India by the end of 2023. Since oath-taking, President Muizzu has been viewed to purse a hardline stand towards India, and demanded Indian military personnel in the Maldives be repatriated from the country by May 10. On Thursday last week, President Muizzu said India was instrumental in providing aid to the Maldives, and also implemented the “greatest number” of projects…
Business Center Corporation (BCC) has announced that the participation in the 8th edition of the China-South Asia Expo (CSA) and the 28th Kunming Import Export Fair are now open. BCC said the CSA Expo is a great platform to market and promote local brands and products, and added that the event will attract visitors and interested businesses from around the world. Businesses and individuals interested in participating at the event were required to submit applications until March 23, 2024. This year’s CSA Expo and the Kunming Import Export Fair will be held from June 18 to June 23 at Kunming…
Maldives State Shipping (MSS) has expanded its maritime operations with new vessel inclusion. According to MSS, it has added ‘Barrier’ to its fleet and will be put for Male’-Colombo trade. ‘Barrier’ is the latest addition to MSS which currently consists of five commissioned vessels. Launched officially on February 04, 2020, MSS remains dedicated as the premier and primary shipping agent connecting Maldives with international trade destinations; and thereby become the leading logistical service provider.
Maldives has partnered with China to seek the latter’s assistance in the advancement of renewable energy initiatives in the island nation. Earlier on Thursday, March 21, Maldives government signed with China Tianying Inc. towards socioeconomic development initiatives and provision of industrial and technical expertise to the Maldives is renewable energy projects. The Minister of Climate Change, Environment and Energy Thoriq Ibrahim signed the agreement on behalf of the Maldives government, while president of China Tianying Inc (CNTY), De Biao Cao signed on behalf of the company. As part of the agreement, CNTY will help in capacity development of all relevant…
Bank of Maldives (BML) on Thursday announced holding its quarterly blood donation camp. The camp held for BML staff is conducted in collaboration with Maldivian Blood Services. The national bank, boasting a nationwide footprint of its services, take part in the quarterly blood donation, to assist those requiring regular transfusions. The blood donation is also aligned with the bank’s CSR initiatives as well.