Author: Mohamed Reehaan

Maldives Marketing and Public Relations (MMPRC) is taking part in the TTG Travel Experience 2022. The top tourism promoter of Maldives is participating in the travel trade fair to market the destination in the Italian market. TTG 2022 is held at Rimini, Italy with the event kicking off on Wednesday, 12th October and scheduled to run until 14th October, Friday. MMPRC is partaking along with several industry partners. The TTG Travel Experience, organized by the Italian Exhibition Group (IEG), is one of the leading B2B fairs to sell tourism products in the Italian market, as well as at a global…

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Ministry of Health has contracted MedLand Private Limited to improve the services at Faafu Atoll Hospital. Government contracted the private company, to develop a central oxygen medical air and vacuum system. According to the ministry, the project aims to strengthen the provision of oxygen to the patients. Signing took place at a special ceremony on Tuesday, 11th October. The ministry’s Senior Executive Director Abdulla Hannan, signed on behalf of the state while MedLand’s Managing Director Fathuhulla Ali signed on behalf of the company. The project is reportedly valued at a total of MVR2.3 million.

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Addu City Council has revealed its decision to issue a total of 298 land plots from the city’s Feydhoo island; nearly a decade since plots were issued from the island. Magudhoo district’s council member of Feydhoo, Ms. Aminath Salma had spoken to a local news media on Tuesday, 11th October, claiming a total of 320 land plots were planned for issuance under the first land use plan. After the plan was submitted to Ministry of National Planning, Housing and Infrastructure (MNPHI) for approval, the ministry instructed to exclude certain plots that have been declared as green zones. “The land use…

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According to Travel News Asia, British tennis player Ms. Emma Raducanu, who was set to host a tennis clinic at Amilla Maldives Resort later in October, has pulled out of hosting the event. Ms. Raducanu was initially scheduled to fly to the Maldives to host a tennis clinic at the Amilla Maldives property. According to Travel News Asia, the British born tennis player was going to stay at the private island in Baa atoll from 25th October until 01st November 2022. Ms. Raducanu was expected to share her top tips and expert knowledge with guests, who wished to improve their…

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Securities Exchange Commission (SEC) has showcased the digital transformation milestones, as part of its ease of doing business initiatives at the 2022 Corporate Registers Forum (CRM) annual conference in the Maldives. The conference was attended by representatives from 26 jurisdictions. The CRF is an association of international corporate registries with government agencies, which include United States, the UK, UAE and Singapore as members. At the forum, the SEC highlighted its digitalization efforts and how it helped the Philippine corporate sector, specifically amid the Covid-19 pandemic. During the forum, Chairman Emilio Aquino states the shift to digital transactions “was envisioned to…

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Four Seasons Resorts Maldives at Kuda Huraa appoints its new General Manager, Mr. Didier Jardin. Mr. Jardin is a hospitality veteran, who has been with the Four Seasons since 1994. While he spent most of his formative years as a ‘jack-of-all-trades’ and a thrill-seeking daredevil, Mr. Jardin found a new calling in the hospitality field for which he completed a two-year apprenticeship to become a fine-dining waiter. While born in La Ferte Bernard and grew up in Loire Valley, Mr. Jardin moved to Paris after completing his apprenticeship, where he spent the next three years studying hotel management and earning…

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Pakistan’s President Dr. Arif Alvi on Tuesday, 11th October, called for the need to further cement the bilateral ties between Maldives and Pakistan. He called to strengthen the ties in all fields “of mutual interest, especially in the education, health and tourism” sectors. The Pakistan head of state made the remarks while talking to Pakistan’s High Commissioner-designate to the Maldives Vice Admiral Muhammad Fayyaz Gilani. In their discussion, President Alvi advised the envoy-designate to “especially focus on establishing strategic ties with the Maldives” in trade, business and investment sectors, and strengthen people-to-people contacts. President Alvi also sought for bilateral cooperation…

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Maldives Transport and Contracting Company (MTCC) has completed the construction of Haa Alif Thakandhoo ferry hut. The hut development falls under the purview of the string of ferry stops constructed at Zone-1 of the “Raajje Transport Link” (RTL) initiative. The project scope involved construction of a kiosk, universal toilet and a passenger waiting area. The developer has been constructing several of these huts in residential islands of Zone-1 where the RTL services commenced earlier.

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Bank of Maldives (BML) appoints new Chief Executive Officer. The national bank of the island nation has appointed a South African national, Mr. Karl Stumke as the bank’s newest chief. Speaking about the new chief, the bank claims Mr. Stumke brings over 36 years of experience from leading banks at Executive and Board level in the Middle East, Africa, Indian Oceans and the UK. Mr. Stumke is an associate of the Chartered Institute of Banks, South Africa. He had completed Bachelors in Accounting Science, at the University of South Africa. Prior to his appointment as the new BML CEO, Mr.…

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According to Maldives Inland Revenue Authority (MIRA), state collected a total revenue of MVR1.41 billion for the month of September 2022. Out of the total, it had collected 59.12 million in US Dollars. The collection for September was a 29.0% drop in comparison with the same month last year. MIRA claims this decrement came due to the drop in the collection of Income Tax and Tourism Land Rent. Moreover, deadline for the submission of the first interim tax payment for 2021 was deferred to September last year. However, such a deadline extension was not granted this year. Moreover, tourism land…

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