Author: Mohamed Reehaan

Urbanco has announced that the Vinares housing flats will be handed over to its tenants during July 2023. Urbanco’s Public Relations Manager, Ahmed Mimrah reported that the flats will be handed over to the applicants before the end of the current month, and added that applicants have been requested to submit their credit reports to the Maldives Monetary Authority (MMA) for financial evaluation. A total of 1,094 parties from non-registrants in Male’ City category, but having lived in the city for over 15 years, along with another 267 Male’ City registered parties for over 15 years have been selected for…

State Trading Organization (STO) has signed with Hulhumale’ Hospital to develop the medical institution’s new intensive care unit (ICU) and neonatal intensive care unit (NICU) departments. The signing took place on Tuesday, July 04, at STO headquarters. STO’s Managing Director and Chief Executive Officer Abdulla Saeed signed the agreement on behalf of the contractor while Hulhumale’ Hospital’s Chief Executive Officer Mariya Saeed signed on behalf of the hospital. Upon completion of the project, the ICU and NICU departments of Hulhumale’ Hospital will feature latest and state-of-the-art medical equipment along with infrastructure. At the moment the hospital’s ICU department has only…

Maldives Marketing and Public Relations Corporation (MMPRC) has launched a campaign with the Bangkok Post, Thailand to showcase the unique sights and experiences available from the island nation. The campaign which commenced on July will last until the end of August 2023. MMPRC reports the campaign will strengthen the Maldives’ brand presence and visibility in the Thai market, and showcase the destination’s uniqueness. Bangkok Post is the leading English-medium mass publication in Thailand, and attracts a monthly audience of over 2 million readers. The campaign is expected to reach a wide audience in Thailand. Thailand is an important market in…

The Maldives government has announced a series of new Treasury Bills on sale. In an invitation to subscribe published by late June 2023, the Maldives government offered four specific Treasury Bills (T-Bills) with differing maturity dates. While the sale date of the T-Bills were July 2, 2023, Sunday with settlement date falling on next day, July 3, 2023. The T-Bills offered include; TBT28-2023-3107 | Offered Amount: MVR 1,013,000,000.00 | 3.50% IR | 28 Days Maturity | July 31, 2023 – Maturity Date TBT98-2023-0910 | Offered Amount: MVR 301,000,000.00 | 3.87% IR | 98 Days Maturity | October 09, 2023 -…

The governments of United States and the United Kingdom have issued advisories to respective travelers to the Maldives, noting they may face threats related to terror incidents due to civil unrest at tourist locations, transportation hubs, local government facilities and shopping areas. US government has warned that terrorist groups may conduct attacks with little to no warning, which are likely to occur on remote islands. It was advised by the US government to its nationals to obtain assistance from the US embassy located in Colombo, Sri Lanka. Earlier, it was reported that the UK government had come out with similar…

The large scale land reclamation project of Kaafu atoll Gulhifalhu will be officially inaugurated on July 02, Sunday. According to the Ministry of National Planning, Housing and Infrastructure (MNPHI), a special ceremony is scheduled at 17:00hrs on Sunday afternoon, which will be broadcast live from state-run media. The second phase of Gulhifalhu land reclamation was contracted to Netherlands’ contractor Boskalis, which it was assigned to without bidding on October 17, 2019. The contractor reports the project will cost an approximate total of MVR 2 billion. Moreover, the contractor said a total of 18 million cubic-meters of sand will be filled…

The total tourist arrivals to the Maldives stood less than 80,000 from hitting the 1,000,000 arrival mark by June 28, 2023. According to the statistics published by the Ministry of Tourism, the tourist arrivals as of the last reviewed date stood at 920,156, which is a 14.2% annual increment compared to same period in 2022. Arrivals for the same period last year stood at 805,998 and at just 507,131 the year before that. Meanwhile, tourist arrivals for the period exclusively from 01st to 28th June stood at 110,912 which is a modest 7.0% increment compared to the same period in…

Hilton Maldives Amingiri Resort & Spa celebrates one year of exceptional service with a plethora of activities. The 109 all-pool villa resort marked the expansion of Hilton’s award-winning flagship brand in the Maldives on July 1, 2022. The property was recently voted among the Top 10 Resorts in the Maldives at the 2023 Travel + Leisure Luxury Awards Asia Pacific. “As we being our second year of operations, we are committed to delivering an even more outstanding overall experience at Hilton Maldives, where meaningful reconnections are made and lasting memories are created,” said Gaurav Thakur, the resort’s General Manager. The…

Vakkaru Maldives welcomes seasoned hospitality veteran Patrick Duff as the property’s new Resort Manager. With an illustrious career spanning nearly four decades and having had experienced some of the world’s most prestigious luxury hotel brands, Patrick’s appointment marks a new chapter in Vakkaru Maldives’ quest to deliver unparalleled service to its guests. Duff’s international track record includes roles in 14 different countries with well-known brands such as the Starwood Luxury Collection, Fairmont, Four Seasons, Ritz-Carlton, Shangri-La, Sukhothai Bangkok, and One & Only among others. He was most recently serving as the Director of Operations [Task Force Rebrand] for Accor Resorts…

Maldives Marketing and Public Relations Corporation (MMPRC) has initiated a joint marketing campaign with Kompas Tours. The campaign was commenced earlier in April 2023 and will last until the end of July. With the aim of promoting the Maldives in CIS region, the campaign will utilize native language to promote the Maldives and strengthen the destination brand in the CIS market. MMPRC’s partner in the campaign, Kompas Tours is a tour operator with over 17 years of experience in the CIS region. With a team of over 200 experienced managers, the firm is a multidisciplinary tour operator implementing its own…