Author: Mohamed Reehaan
Housing Development Corporation (HDC), on Thursday, January 18, 2024, has reverted to using its original title on ‘effective immediate’ capacity. HDC reinstated the original name as its corporate identity with the “aim of connecting with” its roots. In its post on X, HDC said that under its original title once again, it would strive to “create diverse initiatives” to benefit the community. “As master developers of smart and safe cities, we are dedicated to improving our community through ongoing work on community projects aimed at fostering a sense of belonging,” said HDC on X. In April 2023, HDC was officially…
The State Electric Company (STELCO) has signed an agreement with Maldives Transport and Contracting Company (MTCC) on relocation the utility provider’s fuel pump station. The agreement was signed between STELCO and MTCC on Wednesday, January 17, 2024 at a special ceremony held for the occasion. MTCC Chief Executive Officer Abdulla Ziyad signed on behalf of the contracting company while STELCO Managing Director Hussain Fahmy signed on behalf of the utility provider. The project scope entails demolition of the existing structure in harbor basin along with the development or construction of a 29-meter quay wall, 103-square-meter backfill operation, 50.44-square-meter paving operation,…
Enforcement action by the Civil Aviation Authority (CAA) of the United Kingdom against Wizz Air has led to USD 1.57 million being refunded to passengers, reports Travel Weekly. More than 25,000 claims have already been re-examined and additional payments have been disbursed to around 6,000 cases, as per CAA. Earlier, Wizz Air claimed USD 114 million had been invested to improve the airline’s operations after CAA took “unprecedented enforcement action” against Wizz Air in 2023, for “falsely refusing passenger compensation claims for flight disruption”. WIzz Air claimed that this investment had resulted in a flight completion rate of 99.24%. The…
The Maldives Marketing and Public Relations Corporation (MMPRC), under its Visit Maldives brand has announced the Maldives will be represented at Arabian Travel Market (ATM) 2024. The ATM 2024 is the leading global event for the inbound and outbound travel industry in the Middle East from May 6 to 9, 2024 at the Dubai World Trade Center, United Arab Emirates (UAE). A circular was earlier sent by MMPRC announcing that the expression of interest for the ATM 2024 was now open, which would be used to estimate the overall number of companies interested to participate in this event. Visit Maldives…
Maldives Marketing and Public Relations Corporation (MMPRC), under its Visit Maldives branding, has announced that Maldives will be represented at ITB China 2024. The ITB China is one of the largest B2B exclusive trade shows focused on the Chinese travel market, scheduled from May 27 to 29, 2024 at the Shanghai World Expo Exhibition and Convention Center. A circular was earlier dispatched by MMPRC about expression for interest for ITB China 2024, in order to “estimate the overall number of companies interested” to participate in this year’s event.
All major perishables items saw notable decline in imported quantity during December 2023, reports Maldives Ports Limited (MPL). MPL, that manages and oversees operations of the Male’ Commercial Harbor reports, the most significant decline in import numbers of fast moving perishable commodities like Pineapple, Cabbage and Banana. The first two observed 29% drop each with the third observing a 24% decline. During the month, MPL cleared 4,540 containers, which is 6,443 twenty-foot equivalent units (TEUs). This includes 2,637 units of 20 feet containers and 1,903 of 40 feet containers.
Students of Himandhoo School visited Urbanco for a career exploration trip on Monday, January 16, 2024. The students explored the available career paths at the corporation during their visit, and learned about Urbanco’s operations including its hiring process, fields of work and career opportunities. Urbanco, regarding the visit, said on X, that it remains committed to “empowering the next generation” and to provide knowledge and experience to the younger generations to pursue “a future in urban development.”
Maldives Inland Revenue Authority (MIRA) reports a total revenue of MVR 2.21 billion in December 2023, out of which 97.21 million was collected in US Dollar. The total revenue collection for the month was however, a 15.4% decline compared to December 2022. This decrement was due to the Lease Period Extension Fee; which was one of the highest revenue contributors in December 2022. Pursuant to the amendment on Lease Period Extension Fee regulation, one-off payment were made during December 2022 with a receipt of USD 57.50 million, which led to a steep increment of revenue in the said month. However,…
As of January 10, 2024 the Maldives has attracted a little over 50,000 arrivals according to the Ministry of Tourism. Ministry of Tourism in its most recent update revealed a total of arrival of 50,983 as of January 9, which is a 6.4% annual increment compared to the 47,931 arrivals registered in the same duration last year. While Russia leads the pack with over 7,500 arrivals, Italy is currently at second spot with a little over 7,200 arrivals. India is the third strongest market with more than 3,700 arrivals. The United Kingdom is closely tailing behind India with a little…
The Standard, Huruvalhi Maldives in Raa atoll, has announced the installation of solar panels as part of the property’s commitment to sustainability and eco-friendly practices. The resort has been using solar power energy as its main source electricity since November 2023, and plans to transition into a fully solar-powered resort. “Replacing carbon-intensive products with climate-friendly alternatives is an important step in winning the climate battle,” said Boripat Louichareon, the Managing Director of Standard Asia. “Currently, our new solar system has a capacity of 750 kWp (kilowatt-peak), which enables us to save about 230,000 liters of fuel per year. This translates…