Author: Mohamed Reehaan
Dusit Thani Maldives has been recognized among the South Asian region’s best resorts in this year’s Condé Nast Traveller Readers’ Choice Awards. The resort stood out among thousands of contenders for its commitment to delivering exceptional hospitality experiences. “It is truly an honor to receive the Condé Nast Traveller Readers’ Choice Award for 2023. This accolade is a testament to the hard work and passion of our team, as well as the loyalty of our valued guests,” said Jean-Louis Ripoche, the General Manager of Dusit Thani Maldives.
Yamaha’s technical training focused on its motorbikes and outboard engines has concluded successfully, with certificates conferred to participants. A total of 25 participants from various companies participated in the training program held from September 12 to 25. The participants agreed they learned valuable and new skills in the program. “We received a lot of information under a short span. Everything in the training was conducted professionally, and it was as perfect as the training programs held previously,” a participant commented. The program held by Alia Investments in collaboration with Yamaha’s Technical Academy in Japan aimed to create trained professionals to…
Indira Gandhi Memorial Hospital (IGMH) has spent nearly MVR 1 billion for its outsourced departments. IGMH said that it outsourced only two of its departments to foreign hospitals. The hospital outsourced its National Cardiac Center and National Urorenal and Fertility Center to two Indian hospitals. IGMH signed the agreement with Meditrina Hospital on November 15, 2015 to manage the National Cardiac Center for a period of 10 years. The Indian hospital is also responsible with managing clinical services and providing training experiences for local doctors. From the date of the agreement until July 2023, IGMH has spent USD 28.7 million…
Maldives government has sold an additional MVR 3.1 billion worth of treasury bills (T-Bills) to adjust state expenditure. The Ministry of Finance has sold a 28-day repayment T-Bill worth MVR 1.7 billion and a 98-day repayment T-Bill worth MVR 230 million. Besides this, the government has announced the sale of T-Bills for the following; T-Bill worth MVR 200 million with a 182-day repayment plan T-Bill worth MVR 980 million with a 364-day repayment plan The T-Bills are sold at an interest rate between 3.50 to 4.60%. Earlier in September, Ministry of Finance sold T-bills worth MVR 2.6 billion.
Bank of Maldives (BML) has alarmed its customers notifying that the SMS messages sent by the bank will not consist of hyperlinks. The bank’s statement is in response to recent scams where SMS messages were sent under the BML’s name with hyperlinks. The bank confirms that the messages were part of a scam where the scammers masked the identity by using BML’s name. Following the recent stint, the bank has cautioned its customers to remain alert and not to click or open any links sent by messages from parties claiming to be BML. The number of scam calls, and online…
International Coaching Federation (ICF) and World of Tomorrow (WOT) announces coaching master classes in the Maldives. This is the first time coaching master classes will be held in the Maldives by the ICF. The classes are scheduled from October 23 to 25 at the recently rebranded Villa Nautica. ICF Vice President Robert Garcia will be leading the team of experts who will provide lectures in these master classes. Garcia is a renowned coaching expert with an impressive portfolio of providing similar master classes in globally renowned and prestigious organizations. He is also a pioneer in boosting organizational coaching culture. WOT…
Tree Top Hospital has launched a new contact center in Baa atoll Eydhafushi, which is part of the tertiary hospital’s efforts to streamline appointment bookings for its hospital and TTH Clinic services in Male’ region. The hospital said its workforce expansion is party Tree Top’s strategy to increase operational capacity, improve service accessibility and enhance the overall guest experience. The contact center of Tree Top is expected to significantly reduce wait times for contacting the hospital, which would come as relief in light of growing demands for individuals utilizing both OPD and IPD services. The hospital has already provided comprehensive…
The World Bank has forecast Maldives’ national debt to Gross Domestic Product (GDP) to increase by 115%. The bank said that though the Maldivian economy was expected to grow by 8.2% in 2023, the actual economic growth will cap at 6.5% by the year’s end. The Ministry of Finance however, projects a 9.4% growth for the economy. Statistics from the ministry reveal that state debts currently stand at MVR 108 billion. The World Bank said this figure could rise further if the debt-to-GDP ratio increases. World Bank in its South Asian Development Update said the Maldives would be impacted significantly…
The Maldives has a target of attracting 1.9 million annual tourists in 2023, which initially was at 1.8 million. Earlier, Maldives Ministry of Tourism revised the annual arrival target to increase it by an additional 100,000 from the initial projection on the back of Chinese tourist arrival resumption. While tourist arrival to the Maldives observed strong momentum around the first half of 2023, the same cannot be said anymore. In fact, tourist arrival momentum appears to be traversing through muddy waters as of now as the annual growth figure continues to slip gradually. The current annual growth in tourist arrivals…
Banyan Tree Vabbinfaru unveils ‘Madi Hiyaa’, the latest architectural gem, an exceptional standalone overwater Yakitori Restaurant and Bar. The new culinary outleat features an incredible sea saltwater infinity pool, breathtaking sunset panoramas, caressed by the gentle sea breez. The venue drew its title directly from Dhivehi Language, where “Madi” symbolizes the rays flapping and cruising gently underwater, and “Hiyaa” signifies shelter. The award-winning Nomadic Resorts, headquartered in Rotterdam, The Netherlands and renowned for sustainable architectural projects, played a pivotal role in bringing Madi Hiyaa to life.