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UNDP
NGO Conference – October 9



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Business

News in Brief

  • Terrorism trials begin for over 80 individuals from Thinadhoo
  • Hawaiian company acquires resort in Maldives
  • Velezinee barred from Supreme Court trial
Tourism key for community development, says government on World Tourism Day thumbnail

Tourism key for community development, says government on World Tourism Day

President Abdulla Yameen pledged to increase youth opportunities within the sector, as well as announcing the further award of five resorts for development before the end of the year.


Local sustainable fisheries auditor appointed in Maldives thumbnail

Local sustainable fisheries auditor appointed in Maldives

“It is great to have someone based in the Maldives who can take on new MSC assessment programmes and also manage existing ones, for example through surveillance audits,” said UK sustainable fisheries consultant MacAlister Elliott & Partners.


Potential of Islamic finance yet to be fully explored in Maldives, suggests MMA governor thumbnail

Potential of Islamic finance yet to be fully explored in Maldives, suggests MMA governor

“The phenomenal growth of Islamic insurance and Islamic banking in the Maldives in the last few years suggest that there is still significant market to capture,” said Azeema Adam at the opening ceremony of an Islamic banking and finance conference.


GMR surprised with decision to give airport development to Chinese firm thumbnail

GMR surprised with decision to give airport development to Chinese firm

Indian media has reported sources within the infrastructure company expressing surprise at the agreement signed this week as its terminated deal to develop Ibrahim Nasir International Airport remains in arbitration.


Agreements on bridge and airport penned during Chinese president’s visit thumbnail

Agreements on bridge and airport penned during Chinese president’s visit

Eight MoUs – including the promotion of the Malé-Hulhulé bridge construction – and a preliminary contract for the development of Ibrahim Nasir International Airport were signed as Xi Jinpeng became the first Chinese President to visit the Maldives.


Indian high commission welcomes renegotiation of TATA housing deal thumbnail

Indian high commission welcomes renegotiation of TATA housing deal

“The positive developments in the TATA Housing project would definitely encourage more such investments from Indian businesses into Maldives,” read statement praising the resumption of the stalled project.


Housing minister hopes to sign amended TATA contract next week thumbnail

Housing minister hopes to sign amended TATA contract next week

Minister of Housing and Infrastructure Dr Mohamed Muiz has expressed hope that the new contract with Indian infrastructure giant TATA Housing for the construction of two apartment complexes – initially agreed in 2010 – can be signed soon.


Dr Shakeela alleges conspiracy to drive her from office thumbnail

Dr Shakeela alleges conspiracy to drive her from office

Speaking to Haveeru, the former health minister alleged a campaign of death threats and negative media coverage designed to engineer her removal in order to facilitate corruption within the sector.


Maldives strategically unprepared for SEZs, argues former Finance Minister Inaz thumbnail

Maldives strategically unprepared for SEZs, argues former Finance Minister Inaz

In an opinion piece published on newspaper Haveeru last week, Inaz argued that SEZs could worsen income inequality, deprive local councils of sources of revenue, and lead to a large influx of foreign labour.


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Torture victims in the Maldives tell their stories