Author: Mohamed Reehaan
TFG has launched the first children’s gym in the Maldives, dubbed “Kid’s Gym”. The new gym for the younger fitness enthusiasts was opened as part of TFG’s initiative to promote health and fitness among children. According to TFG, the Kids’ Gym will create an enjoyable and educational environment for the children to engage in various physical activities, learn new skills, and develop a foundation for a healthy lifestyle. TFG CEO Hussain Zinan said that the gym was designed to foster children’s interest in fitness and physical well-being. The new Kids’ Gym will be open for children between the age of…
Baa atoll Goidhoo Island Council approved the lease of 275,000 square feet land for tourism development. The council’s announcement stated that the land will be leased for the development of two types of tourist properties, which include; Guesthouse development: 05 plots between 5,000 to 10,000 square feet Villa/Service Residences: 200,000 square feet plot The council said bid books for the project will be available from Sunday, August 20 to Monday, August 28 between 09:00hrs and 12:00hrs. Bids books can be obtained either from the council’s office or online. Bid books for guesthouse development is priced at a non-refundable MVR 5,000…
Maldives government has awarded the land reclamation work for L. Kadhdhoo Airport project to Maldives Transport and Contracting Company (MTCC) for MVR 390 million. A ceremony held at the Ministry of Economic Development, the agreement was signed by the ministry’s Director Fathimath Shaana on behalf of the government, and MTCC Managing Director Adam Azim signed on behalf of the contractor. The project scope involves land reclamation of the airport island, with a completion period of 10 months. The initiative also includes shore protection work which falls within the 10-month period for completion. Kadhdhoo Airport island’s land is being reclaimed for…
SIMDI Group has opened its first-ever outlet in Hulhumale’. The new outlet dubbed ‘SIMDI Recrea’ is located in Hulhumale’ 1, Reethi Gas Magu. The outlet was officially inaugurated by the company’s general manager, Yooshau Saeed. SIMDI Recrea features a wide array of products imported and distributed under SIMDI’s portfolio. The company believes that the outlet will cater to the consumer population in Hulhumale’. SIMDI Recrea’s ground floor features an extensive range of personal hygiene and cosmetics collections including shampoo, shower gel, and personal care products, children’s diapers and baby products. The showroom will feature other products such as Boncafe’, Dilmah…
Urbanco has inaugurated its “Urban Center”, a specialized hub for customer services. The new customer care service center is located on the ground floor of Centro Mall in Hulhumale’ 1. Urbanco’s Managing Director Ahmed Athif said the company developed the center to offer a comprehensive range of services to customers all in one location. He stressed the absence of a dedicated customer area had previously limited service accessibility for customers such as making bill payments, information seeking, and bid applications. The center features 6 counters to provide Urbanco’s services, and features a meeting area specific for customers seeking information on…
Maldives Civil Aviation Authority (MCAA) has granted the Continuing Airworthiness Management Organization (CAMO) approval to BEOND, the world’s first premium leisure airline. The airline received the approval under the recently enacted MCAR-CAMO regulations. “We are pleased to have received approval from the MCAA for our CAMO,” said Nantha Lenin, the Chief Operations Officer of BEOND. “Our team undertook a thorough setup audit internally, which was then followed by rigorous MCAA audits.” Lenin further said the cooperation between MCAA and BEOND is exemplary, and thanked the authority for its support. He said the CAMO approval was a step forward for the…
State Trading Organization (STO) has introduced globally famous and technologically superior medical brand Nihon Kohden from Japan. STO introduced Nihon Kohden’s ventilators and G-5 monitors, which will be applicable in all the hospital departments including the intensive care unit (ICU) and operation theater. The new medical equipment brand was introduced at a special ceremony held at Crossroads Maldives, which was graced by the Japanese Ambassador to the Maldives Takeuchi Midori. STO Managing Director Abdulla Saeed, State Minister of the Ministry of Health Ahmed Adil, and the Managing Director of Nihon Kohden Singapore Hirotushi Kobayashi participated in the event as well.…
Urbanco has contracted local developers on Sunday, August 13, for the construction of 10 residential apartment complexes in Hulhumale’ 1 and 2, and another six mixed residential apartment complexes in Hulhumale’ 1. A total of 15 companies signed with Urbanco for the apartment complex project at the Living Expo 2023, held at Hulhumale’ Central Park. Contractors for Mixed Residential Apartments FW Construction Pvt Ltd Kandoofaa Pvt Ltd Rainbow Construction – 02 buildings Renaatus Projects Pvt Ltd Singuhaal Contractors for Residential Apartments Alaaf Private Limited Antrac Holding Pvt Ltd Big Hut Logistics Pvt Ltd Built Spaces Pvt Ltd Epoch Associates Pvt…
Maldives President Mr. Ibrahim Mohamed Solih has affirmed the Raajje-Transport Link (RTL) integrated national ferry network services will commence in Noonu atoll before 2023 end. Maldives Transport and Contracting Company (MTCC) led RTL service sees the residential islands in administrative atolls connected via sea transportation. MTCC uses high-speed ferries for the transportation. Before Noonu atoll, RTL services were launched in upper-northern atolls of Haa Alif and Haa Dhaalu followed by Shaviyani atoll in north. The three atolls come under Phase 1 of the nationwide project which has been distributed into six phases. “With RTL ferry services, this atoll will observe…
Maldives government has secured a loan of USD54.9 million (MVR844 million) from a foreign private investor for budget support. Though the Ministry of Finance said that the state will be acquiring the loan from a private party, it did not disclose details of the investor. The government had earlier secured a loan of USD34 million (MVR520 million) from International Development Association (IDA) in June 2023. The state’s foreign debt for the current year has now reached USD117 million. The state budget for 2023 is USD 2.8 billion with an annual budget deficit of USD 933 million. To address this deficit…