Category Archives: Local

China to loan USD 373 mln for Maldives airport’s new runway

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Source:http://www.haveeru.com.mv/


Export-Import (EXIM) Bank of China has agreed to loan USD 373 million for the development of Ibrahim Nasir International Airport (INIA)’s new runway, announced tourism minister Moosa Zameer on Sunday.
 
The minister, who is currently in Chinese capital Beijing to settle the final transactions of the loan, told Haveeru via telephone that the loan was arranged by China’s Ministry of Commerce.

Maldives vows platform for local craftsmen

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Source:http://www.haveeru.com.mv/


Government’s top priority is to encourage local craftsmen and provide them with more opportunities to showcase their talent, president Abdulla Yameen Abdul Gayoom said Tuesday.

Speaking after inaugurating the local handicraft exhibition named “Maldives Expo 2015,” the president pointed out that one of the biggest obstacles to encouraging and providing opportunities for Maldivian craftsmen was finding a market for their products.

Third time lucky for Maldives man as ambergris goes for over $1 mln

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Source:http://www.haveeru.com.mv/


It was third time lucky for a local businessman from Shaviyani Atoll Komandoo island after the third ambergris he found went for MVR17 million (USD1.1 million).

Abdul Raheem Hassan found the floating ambergris at sea around 7.30am on Saturday.

Lubna tops Maldives handicraft exhibition

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Local entrepreneur Lubna Zahir Hussein won Tuesday the first place at the national handicraft exhibition.

Lubna, who contested in the cosmetics category, owns Skin Candy, a shop located in capital Male that retails cosmetic products.

At the ceremony held Tuesday evening to inaugurate the Expo Maldives 2015, President Abdulla Yameen Abdul Gayoom handed over the award to Lubna. She was also given the Small and Medium Enterprises (SME) loan.

The 22 winners of second place were awarded certificates and prize by economic minister Mohamed Saeed, and the 17 people who won the third place were awarded certificates and prize by tourism minister Moosa Zameer.

Economic ministry also chose the first 10 candidates. Out of them, the top five were awarded SME loans. In addition to the first placed Lubna, those who received the loan are: Mohamed Mahid from the woodworks category, Moosa Shiyam from slippers category, Mariyam Halida from Kasabu (weavings of gold thread), and Abdu Rasheed Alifulhu from souvenir category.

This year’s expo features 3,500 handicraft items submitted by 250 participants from across the nation. It also includes cultural activities and stalls to demonstrate traditional livelihoods of Maldivians to audiences.

Expo Maldives is the largest nationwide handicraft showcase. It will be open to the public from late Wednesday to Monday.

 

 

 

Australian company to harness Maldivian waves

Stonehenge wave farm in Maldives

Stonehenge Metals, a Perth-based Australian wave energy developer, has acquired the company Clean Energy Maldives with a view to installing a 2MW wave farm off the coast of Hanimaadhoo island in Maldives.

Maldives tourist arrivals up by 5.7 percent in August

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According to the latest statistics by the Maldives tourism ministry, tourist arrivals to the Maldives has increased by 5.7 percent in August compared to the same period last year, reaching a total of 110,144 visitors during the month.

China remains the largest source market for tourists to the Maldives with a 31.6 percent market share. The number of Chinese tourists from January to August reached 260,491, representing a 3.2 percent increase from the corresponding period in 2014.

Holiday Inn Resort Kandooma Maldives crowned “Best Culinary Establishment”

Holiday Inn Kandoomaa

Holiday Inn Resort Kandooma Maldives was crowned “Best Culinary Establishment” in the 2015 Hotel Asia International Culinary Challenge that ran from 18th to 21st of September 2015 in the Maldives.

Triumphant victories at the Maldives Open 2015 finals

Ali Khushruwan

The final day of the Maldives Open 2015  at Lohis Point threw down a challenge to the contestants by offering up a variety of conditions to test their determination that required them to earn their share of the $15,000 USD prize money.

In the Men’s Open final, it was 3-time ASC Champion Raditya Rondi from Kuta, Bali (Indonesia) against Yoni Klein from Israel, battling it out in strong windy conditions for a 25 minute final. 

Buried ancient relics found in Hanyaameedhoo

Hanayaameedhoo ancient coral box

A  12 century old coral box has been discovered buried underground on the island of Hanyaameedhoo in Alif Dhaal atoll.

The relics were discovered by Jamshaad Mohamed at his home a week ago. He was digging a hole to plant trees when he came across the box containing a kilo of cowrie shells and an idol resembling a cow. Jamshaad’s house is situated at the centre of the island.

Kurumba Maldives joins ARC’s corporate ambassadorship program

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Kurumba Maldives has joined child rights group ARC’s Corporate Ambassadorship program to provide crucial funds needed for ARC’s shelter support.

As a Corporate Ambassador, Kurumba Maldives will be providing crucial funds needed for ARC’s Shelter Support Programme، which is driven by the purpose of helping children in alternative homes. The shelter program is designed to help children in alternative homes receive the care and support that they need and deserve to grow up happy and reach their true potential, ARC said.