Announcements

<

announcement

Advertise your job/event/promo on Minivan News

 

announcement


Business

News in Brief

  • MBC warns DhiTV for airing ‘ADK’ Nashid’s picture upside down
  • Government to provide electricity to all islands before Ramadan
  • MIRA quarterly revenues shows 10.5 percent increase compared with previous year
Government says “iconic” Malé-Hulhulé bridge can be finished in two years thumbnail

Government says “iconic” Malé-Hulhulé bridge can be finished in two years

Describing the bridge as symbolic for all South Asia, the Minister for Economic Development has revealed that 12 of 19 companies having expressed interest are Maldivian. The long-awaited project is expected to improve local commerce and ease congestion in the capital.


Civil Court dismisses STO’s case against MP Riyaz Rasheed’s Meridian Services thumbnail

Civil Court dismisses STO’s case against MP Riyaz Rasheed’s Meridian Services

The State Trading Organisation had sued Meridian seeking to recover MVR19.3 million (US$1.2 million) released as credit to MP Riyaz’s company. The case was dismissed after the STO’s lawyers failed to attend the hearing.


Saudi investment firm to develop US$100 million resort in Laamu atoll thumbnail

Saudi investment firm to develop US$100 million resort in Laamu atoll

Vadinolhu island will be developed into a five star resort through the Best Choice Real Estate Development company, which has urged developers to take care of the Maldives’ “investment friendly policies”.


Fisheries ministry commences long line fishing training programme thumbnail

Fisheries ministry commences long line fishing training programme

Fisheries Minister Dr Mohamed Shainee told the press today that it was important for local fishermen to be active in all areas of the country to prevent encroachment by foreign fishing boats as the coastguard could not patrol the entire Exclusive Economic Zone.


Saudi prince’s Maldives visit makes global headlines thumbnail

Saudi prince’s Maldives visit makes global headlines

While the world’s media has focused on the Prince Salman’s alleged reservation of three entire resorts, Saudi papers have revealed that the visit will include discussions on investments in tourism, transport, energy, and Islamic affairs, as well as a US$300million soft loan facility.


Reduced petrol imports discussed as Indian minister concludes visit thumbnail

Reduced petrol imports discussed as Indian minister concludes visit

During his Maldives visit, Indian Minister of External Affairs Salman Khurshid also pledged US$10 million for the renovation of IGMH. The Maldivian government expressed gratitude for the resumption of construction material imports and the easing of visa restrictions.


TEAM fears resort workers’ income may be indirectly affected by T-GST rise thumbnail

TEAM fears resort workers’ income may be indirectly affected by T-GST rise

The trade union has suggested that certain resorts are reducing the amount of service charge given to employees, calling upon the government to improve regulation. Meanwhile, others in the industry have expressed doubt that such practices exist.


Government to reclaim property awarded to ferry service providers thumbnail

Government to reclaim property awarded to ferry service providers

More than 200 plots of land were awarded by the MDP government to companies contracted to provide ferry services at a loss to the state, President Yameen said last night, characterising the public-private partnership programme as wasteful and the most corrupt in Maldivian history.


Majority of dollar receipts spent on imports: MMA assistant governor thumbnail

Majority of dollar receipts spent on imports: MMA assistant governor

Three quarters of the US dollars entering the Maldives are spent on importing goods to the country, Maldives Monetary Authority Assistant Governor Dr Azeema Adam said yesterday at a ceremony launching the central bank’s Quarterly Business Survey.


announcement

Torture victims in the Maldives tell their stories