Author: Mohamed Reehaan
The Maldives government has announced its plans of selling MVR 5.2 billion worth treasury bills (T-Bills) to adjust the state’s expenditure. Ministry of Finance announced the sale of T-Bills has been set for the first working day of the new government, Sunday, November 19. Generally the Maldives government sells between MVR 1 to 2.5 billion per week in financial instruments including T-Bills. However, the latest announcement is a significant increment from this. The ministry has sold MVR 33 billion worth of T-Bills so far in 2023, which includes MVR 16.5 billion sold to commercial banks and another MVR 15 billion…
JW Marriott, part of Marriott Bonvoy’s global portfolio of more than 30 brands, recently launched the “Stay in the Moment” Asia-Pacific campaign. The initiative features the K-drama inspired campaign video starring Korean Actor Lee Minho. KW Marriott hotels invite guests to be inspired by the principles of mindfulness and to pause and appreciate each moment. The “Stay in the Moment” offers a wide range of activities from brand programs such as the JW Garden for guests who enjoy the multi-sensory pleasures of harvesting fresh herbs and vegetables while the ‘Family by JW’ offers experiences to appeal every generation of travelers,…
President Dr. Mohamed Muizzu, fresh off of his oath taking, appointed the ministers to his cabinet on Friday evening, November 17. The newly sworn-in President appointed Mohamed Saeed as the Minister of Economic Development and Dr. Mohamed Shafeeq as the Minister of Finance. The two, along with other cabinet ministers under the Dr. Muizzu administration were designated for their respective positions in a ceremony held at the President’s Office. Dr. Muizzu is focused on addressing the rising debt of Maldives, and revitalizing the country’s economic post Covid-19 pandemic, the two ministers are expected to play instrumental roles in steering the…
Tree Top Hospital announced its decision to host a roadshow to raise awareness about diabetes among public. The roadshow is aimed at spreading awareness about diabetes prevention measures and early diagnosis. General information related to the illness and basic tests will be carried out during the roadshow. Tree Top said the roadshow will feature a panel of doctors to provide prompt consultations for patients. The panel includes gynecologists, pediatricians, nutritionists, endocrinologists, and physiotherapists. People attending to the roadshow will be required to register on-site, and following this a basic diabetic screening will be conducted for them. The screening will help…
The Maldives Marketing and Public Relations Corporation (MMPRC) has launched a dynamic roadshow spanning three vibrant Eastern European cities; Warsaw, Prague, and Budapest. The roadshow is a series in Eastern Europe is aimed at strengthening trade relationships, and share the latest destination information in the European market. The event was held on November 13, 15, and 17. MMPRC was accompanied by 21 industry partners from the Maldives, and is the first such roadshow conducted by the Maldives tourism board in this region. MMPRC aimed to create meaningful interactions and partnerships while “showcasing the unique offerings of the Maldives for Eastern…
The first floor of the Ministry of Finance’s building has been renamed the ‘Mujuthaba Floor’ to honor Ahmed Mujuthaba, who served in the ministry for fourteen years. Mujuthaba was serving as Chief Procurement Executive at the ministry when he suddenly passed away in July 2022. The ministry announced on social media that the floor has been renamed in his name to honor the legacy of Mujuthaba. The floor houses the Maldives Inland Revenue Authority (MIRA). The renaming and unveiling of the floor’s title was inaugurated by Mujuthaba’s brother, Murtaza Majdhy. Mujuthaba earned his first degree in accounting from Malaysia’s Multimedia…
The Anti-Corruption Commission (ACC) has raided the Ombudsperson’s Office of Transitional Justice over allegations of tampering with allegation findings. The crackdown was confirmed by an official of the commission. The commission raided the office due to recent allegations that came to light after one of its Ombudsperson, Jihadha Anees, made serious allegations in her resignation. The outgoing Ombudsperson had alleged that the office was altering the findings of ongoing or completed investigations. Jihadha had specified challenges she faced in fulfilling her role as an Ombudsperson ranging from harassment to lack of cooperation from superiors. She alleged that the abrupt commencement…
Schengen Visa in the Maldives can be applied online via e-visa services. Minister of Foreign Affairs Abdulla Shahid via social media X said that the European Council is adopting new visa rules which would allow e-visa application by Maldivians for Schengen Visa once the process commences. Once the administrative work related to the newly adopted rules of the European Council concludes, the ministry would announce a date when the service will launch. Schengen Area includes 27 European countries. Previously, Maldivians were required to travel to Sri Lanka to seek visas for these countries. In 2020, a VFS Global Joint Session…
US President Joe Biden announced the designation of a presidential delegation to attend the inauguration of Dr. Mohamed Muizzu on November 17, as the country’s next president. Samantha Power, the Administrator of the United States Agency for International Development will lead the deelgation. Members of the presidential delegation include Hugo Yon, the US Ambassador to the Maldives, Sarah Ladislaw, the Special Assistant to the President and Senior Director for Climate and Energy, National Security Council.
The Minister of Environment Aminath Shauna has sustained the initial fine of MVR 69 million on Afcons Infrastructure, the contractor handling the development of the Thilamale’ Bridge project. The ministry issued a statement on Tuesday, November 14, nearly a year after the appeal was filed with the ministry by the contractor, that there was no reason to alter the initial decision which was decided based on the damage assessment survey of the Environmental Protection Agency (EPA). The collapse of a bridge survey platform used by Afcons atop Vilimale’ reef left the area significantly damaged. Afcons contested the ministry’s fine with…