Author: Mohamed Reehaan
The test flight of Maldives’ national carrier; Maldivian landed sometime on Monday late afternoon at Faresmaathoda Airport, according to Maldives Transport and Contracting Company (MTCC). The Minister of National Planning, Housing, and Infrastructure Mohamed Aslam accompanied by an entourage of senior officials traveled on board the test flight. The General Manager of MTCC Ramzy Aboobakuru received the minister and his delegation at the airport. Earlier, Maldivian announced that the test flight will land at the airport around 17:00hrs on Monday late afternoon. The airport is scheduled for the official opening on Wednesday, 15th March while the first commercial flight is…
The Bank of Maldives (BML) enabled email alerts for all failed login attempts on the Internet or Mobile Banking. The login notification feature was added as a further step to protect customers, while an additional email alert will be sent if the Internet or Mobile Banking is disabled following three consecutive failed login attempts. BML said the notifications have been enabled to ensure customers are made aware of any attempts to log in to their Internet and Mobile Banking and will be sent to registered email addresses. Customers are advised to change passwords immediately if they notice any unusual login…
The Maldives government has fixed permitted hours for logistical services during Ramadan this year. The Ministry of Transport and Civil Aviation has prohibited commercial logistical services between 16:30hrs and 20:00hrs every evening during Ramadan. The ministry further said that any party found operating during the restricted hours will be fined MVR750. The ministry permitted logistical services between 09:00hrs and 16:30hrs and again from 20:00hrs until 06:00hrs the next day. Transportation of goods across the bridge is permitted between 09:00hrs and 16:00hrs and again from 01:00hrs until 06:00hrs. Moreover, the supply of cooking gas and water is allowed from 20:00hrs until…
AA. Thoddoo, an agriculture-centric island, will produce over 200 tons of watermelons for this year’s Ramadan, said the island’s council. The island is locally famous for its watermelons. Meanwhile, the president of Thodoo island council Ahmed Karam said that there are 112 farms on the island growing a large variety of produce, while the majority of them are harvesting watermelons. The island will reportedly produce between 5,000 to 8,000 kilograms of melons every day, Karam said. “About 2 million square feet are being utilized to grow watermelons. We’ll be making MVR 9 to 10 million, depending on the quantity we…
The Maldives government on Sunday contracted the Maldives Transport and Contracting Company (MTCC) for new developmental projects on four islands. According to the Ministry of National Planning, Housing, and Infrastructure, MTCC was awarded the harbor expansion projects in HDh. Kulhudhuffushi and N. Kendhikulhudhoo and the shore protection projects in K. Himmafushi and AA. Mathiveri. The project awarding ceremony was held at the ministry. The ministry’s Director General Fathimath Shaana Farooq signed on behalf of the state and the CEO of MTCC Adam Azim signed on behalf of the contractor. Kulhudhuffushi expansion project involves the extension of the existing seven jetties…
Ahead of the upcoming World Sleep Day on 18th March, The Westin Maldives Miriandhoo Resort has launched a 7-day recharge program with daily activations spread throughout the week. The program is aimed at improving the quality of sleep of the guests. Among these activities include one complimentary workout session per day, a sauna and steam room experience with aromatic essences, sports activities, and a wide variety of suggested spa treatments. In addition to the activities during the week, on the World Sleep Day, the resort will host their annual Pajama Party for guests with entertainment, surprises, and recommendations for a…
The Maldives government has formulated the policy of using credit cards in state offices and agencies. The policy has been put on the state gazette on Sunday and has come into effect already. The policy was formulated to enhance the state bodies to make online payments via credit cards, especially in circumstances where it is the only available payment option. The policy provides guidelines for state offices when making online transactions via credit cards for budgeted expenditures or any expense permitted according to the Public Finance Regulation. Government offices or state bodies required to make credit cards must request for…
The Maldives Minister of Tourism Dr. Abdulla Mausoom on Monday responded to his Sri Lankan counterpart Harin Fernando’s comment about Maldives tourism. Speaking to local news ‘Mihaaru’, the minister said the Sri Lankan minister’s claim carried no weight as there were several repeater tourists to the Maldives. Dr. Mausoom also stressed that he does not believe Fernando’s remarks were intended to harm the sentiments of the Maldivian tourism industry, nor was his remarks an attempt to derail the island nation’s tourism momentum. “I met him at the ITB fair. I thought he was a young and energetic minister. I don’t…
The state expenditures in cumulative terms reached a total of MVR7.3 billion as of 02nd March 2023, reported the Ministry of Finance. According to the ministry, government revenues inclusive of foreign grants by the review date reached MVR6.2 billion. Owing to higher spending compared to earnings, the overall balance for the period is a deficit of MVR1.1 billion. Revenues & Grants Tax Revenues: MVR5.3 billion Non-tax Revenues: MVR856.9 million Grants: MVR9.3 million Capital Receipts: MVR1.4 million Expenditure Recurrent Expenditure: MVR5.5 billion Capital Expenditure: MVR1.8 billion Top Revenue Contributors TGST: MVR2.2 billion Corporate Income Tax: MVR768.6 million GGST: MVR750.9 million Import…
Ooredoo Maldives spent MVR379 million on new projects last year, the company’s board of directors confirmed during its Annual General Meeting held last Wednesday. The company affirmed its commitment to expanding and improving services and said it will continue investing in new initiatives every year. The Chief Financial Officer of Ooredoo Maldives Suresh Kalpathy Chidambaram said that the company’s financial costs increased owing to the continued investment in new projects which included the underwater submarine cable initiative and the expansion of the 5G internet connectivity in the Maldives. Suresh further said that Ooredoo Maldives will invest in more projects in…