Author: Mohamed Reehaan
Maldives Marketing and Public Relations Corporation (MMPRC) participated in the Kazakhstan International Tourism Fair (KITF) 2023 from 19th to 21st April 2023. The three-day event was held in Almaty, Kazakhstan and had 24 co-exhibitors with 45 participants alongside MMPRC partaking in it. KITF is regarded as one of the leading B2B fairs in the CIS region, and has been held since 2001. The exhibition serves as a wide-ranging professional platform for the tourism industry of the whole Central Asian Region. The event is also considered to be the pinnacle event of the sector in Kazakhstan. Corporate travel decision makers, investors,…
The Maldives Monetary Authority (MMA) injected a total of USD993.7 million to the domestic market in 2022; which is a 53% increment compared to the preceding year. According to the central bank, this surge is attributed to the significant bump in US dollar sales to cater to the rising foreign exchange demand of the public and state-owned enterprises (SOEs). The largest proportion of the total US dollar sales was made to SOEs at USD726.0 million; which is 73% of the total. This is also an annual increment of 90%; largely due to the rise in global oil prices and the…
State Trading Organization (STO) has generated a revenue of MVR4.4 billion in the first quarter of 2023, which is a 10% increment compared to the same period last year. According to the largest state-owned enterprise in the Maldives, its revenues saw this increase mainly due to the increment in its other business areas. However, due to the slip in global oil prices, STO’s major business activity; fuel sales saw a quarterly drop because of which the Q1-2023 revenue dropped 3% compared to Q4-2022. STO reported a gross profit of MVR809 million in the quarter, which is a 19% increment from…
Hideaway Beach Resort & Spa is proud to host renowned German model, actress, and motivational speaker Victoria Jancke who will be offering her highly acclaimed classes on social media and self-growth. Jancke will be staying at one of the resort’s most premium villas, The Signature Collection at Hideaway. Victoria began her career at the age of 16 and has since worked on a range of projects including on-screen acting, voice-over work, and modeling. The model has also amassed a following of 1.1 million on Instagram where she provides daily inspiration and guidance. During her classes, Victoria will share her insights…
Atmosphere Core has appointed Bharat Raheja as the Senior Vice President, Sales and Marketing for South Asia. The company is expanding its footprints, with carefully chosen hotels and resorts to open within three brands; The OZEN COLLECTION, Atmosphere Hotels & Resorts, and COLOURS OF OBLU. Speaking about Bharat’s appointment, Stephane Laguette the Chief Commercial Officer of Atmosphere Core said, “As we accelerate our growth in South Asia, Bharat is exactly who we need to carve out our niche in luxury hospitality, through refreshing new experiences. Atmosphere Core offers three powerful brands – and Bharat’s ground knowledge and commercial expertise will…
Waste Management Corporation (WAMCO) announced that they will charge MVR35.00 for bundles of standard-size bags for waste collection. The sale of bin liners will start on Thursday, 27th April 2023, customers can purchase it from the front office of WAMCO’s main building and from the customer front offices of its waste transfer stations in Male’, Vilimale’, and Hulhumale’. Bin liner Prices Normal (L Size) bin liners (17-inch): MVR35 – bundle of 100 bags Size XXL (27-inch): MVR165 Size XXXL (48-inch): MVR165 The Maldives government began charging a fee of MVR2.00 on plastic bags under the Waste Management Act last week.…
Luxury airline Beond announced it will be holding an open day walk-in interview event to recruit cabin crews on Wednesday, 26th April 2023. The walk-in interview will be held on Wednesday from 0900hrs until 1500hrs at the fourth floor of State Trading Organization (STO) Trade Center. Eligibility Criteria Must be at least 21 years of age Fluent in written and spoken English Minimum academic qualification of High School Diploma or equivalent Beond also said that candidates with previous customer service experience will be given preference during selection. “We want to provide this opportunity to as many people as possible from…
The St. Regis Maldives Vommuli Resort and Reefscapers Maldives has celebrated the World Earth Day 2023. The luxury tourist property organized the first-ever local resort and community coral restoration event in the Maldives, in collaboration with Dhaalu atoll Kudahuvadhoo Council and the Eco Friends Club of Dhaalu Atoll School. St. Regis Maldives aimed to increase the awareness among the local community and youth about emerging threats to coral reefs and the importance of ecosystem preservation. The event included an awareness session by the resort’s resident marine biologist Hazel Araujo, for a group of 17 students from Dhaalu Atoll School. The…
The total exported goods from the Maldives increased by 51% in March 2023, reported the Maldives Customs Service. The authority revealed in their most recent statistics, that Maldives exported MVR344 million worth of goods in March. Imported goods, including fuel, increased by 10% which is MVR4.3 billion. On the other hand, imported goods, excluding fuel, increased by 14% which is MVR3.6 billion. Major Importing Categories Food items (excluding pork, alcohol, tobacco): MVR924 million Fuel (marine gas oil (diesel), petrol, aviation gas): MVR706 million Machinery and mechanical appliance: MVR596 million Vessels, aircraft and parts thereof: MVR435 million Base metal and articles…
The Maldives Food and Drug Authority (MFDA) has ordered all entities operating staple food warehouses to register them. According to the authority all warehouses storing staple food items must register with MFDA before 01st August 2023. MFDA has demanded registering such warehouses with them in order to enhance regulatory standards of staple foods, and ensure its safety. The authority has continued to monitor and regulate importation of staple foods in the Maldives. However, MFDA has ordered warehouses to register with the authority in accordance with the policy of safe storage, management, and transportation of foods. Moreover, registration of the warehouses…