Author: Mohamed Reehaan
Maldives Airports Company Limited (MACL) carried out a massive clean-up initiative dubbed “Salhi Hulhule'” at Velana International Airport (VIA) on Saturday, March 09, 2024. MACL Managing Director and CEO Ibrahim Shareef Mohamed inaugurated the efforts at 08:00hrs on Saturday morning. Shareef emphasized the importance maintaining the main airport’s cleanliness by everyone. He further requested support from all stakeholders and others to keep the main air gateway of the Maldives clean. A total of nine main areas of the airport were cleaned by splitting the teams. MACL was assisted by Road Development Corporation (RDC) and Maldives Transport and Contracting Company (MTCC)…
While the budget surplus has been maintained during the current fiscal year, it’s gap has constrained significantly as of February 29, 2024. According to the Ministry of Finance, the cumulative state expenditure as of the review date is MVR 6.49 billion while the cumulative total of revenues, inclusive of grants, is at MVR 6.5 billion. The overall balance for the period is a surplus of MVR 15.7 million only. The cumulative total of tax revenues is now MVR 5.66 billion, while the non-tax revenue total is MVR 817.7 million. State has received MVR 26.3 million in foreign grants. On the…
Minister of Tourism, Ibrahim Faisal, said the Maldives’ commitment to diversification of the tourism sector “towards a more enjoyable travel experience” and sustainable tourism future. Minister Faisal said this while speaking as the Guest of Honor at the Maldives Media Meet conference held at the sidelines of the ITB Berlin 2024. Speaking to the German and international media, the minister said Maldives remains committed in offering a “richer and more diverse visitor experience” which it will achieve through responsible tourism practices, technology integration, community-based tourism, and expanded tourism products and markets. “While Europe remains a significant contributor, we are seeing…
Maldives Transport and Contracting Company (MTCC), on Wednesday, said it was now working towards rectifying the errors of previous management. MTCC Chief Executive Officer Abdulla Ziyad said the company’s fiscal conditions were dire while its projects have muddied. He also bemoaned the lack of vehicles to adequately render Raajje-Transport Link (RTL) integrated ferry network services. Despite this, Ziyad however said the ongoing projects will proceed according to their original scope. He further said the corporation will increase trading activities to boost revenue to minimize reliance on developmental projects. According to MTCC’s Chief Project Management Officer Ahmed Latheef, the corporation was…
Maldives’ national airline, Maldivian, has announced the resumption of its direct flight services between Hanimaadhoo International Airport and Trivandrum, India, starting from April 12, 2024. This resumption signifies Maldivian’s commitment to connecting the country’s northern territory with key regional destinations and enhancing travel options for passengers. Commenting of Maldivian’s resumption of direct flights, the Managing Director of Maldivian, Ibrahim Iyas said, “This route greatly benefits our customers and the economy of the northern area of the Maldives.” “It reflects our commitment to improve air connectivity in the north region which will boost to the travel trade and support the socioeconomic…
Canareef Resort Maldives has announced the installation of 720 solar panels in the resort, to reduce its carbon footprint. The project is aligned with the core value of Canareef towards environmental stewardship and responsible tourism practices. The project will be completed within one month, and will change the resort’s energy landscape. Reportedly, the solar panels will generate 400 kilowatts of power. The power generated via the panels will be distributed to both staff and guest areas of the resort. This project will reportedly reduce 10% of fuel consumption by the resort, while Canareef also announced that plans are already underway…
The Maldives Marketing and Public Relations Corporation (MMPRC), under its Visit Maldives brand, is participating in the ITB Berlin 2024, the largest travel trade event in the world. In this year’s edition of the ITB Berlin, Visit Maldives will promote the Maldives tourism brand alongside 214 representatives from 107 industry partners. The largest tourism fair in the world, kicked off on Tuesday, March 05, 2024 and will last until Thursday, March 07, 2024. Participation in the ITB fair is also aligned with MMPRC’s tourism and brand marketing efforts in the European market, especially promoting the latest travel and trade updates…
Maldives President Dr. Mohamed Muizzu has highlighted the positive impact of his administrations’ decision to cease printing new banknotes. While speaking with Dhaalu atoll Meedhoo locals on Tuesday evening, March 05, 2024, during his visit, President Dr. Muizzu said that following the decision to stop overdraft, the exchange rate of US dollar has started to dip. The Maldives head of state underscored his administration stopped printing money as it would push the country towards bankruptcy. He also added that continual of money printing would have hiked US dollar exchange rates at unstable levels. While the Maldives Monetary Authority (MMA), has…
Maldives’ fish is an expensive commodity in the world in terms of quality and sustainable fishing practices, said the General Manager of Maldives Industrial Fisheries Company (MIFCO) Muaz Ali. While speaking to a program aired by PSM News, Muaz said that MIFCO is seeking potential international avenues where Maldivian fish products can be sold at premium prices. MIFCO is currently geared to export the first shipment to a high-tier market, where the Maldivian fish will be sold at premium rates. Muaz said Maldivian fish products were previously challenged with not being sold at its actual price, and added that MIFCO…
Villa Mart announces a special promotion for Ramadan this year. The “Roadha With Villa Mart” will launch on March 10, 2024 lasting until April 10, 2024. Customers stand to win MVR 500 worth vouchers during the promotional period, and they are required to shop from any one out of the five Villa Mart outlets during Ramadan. Upon shopping from any of the Villa Mart outlets, customers automatically get enrolled for the MVR 500 gift voucher lucky draw.