Maldives News Bulletin - Volume 189

President states the constitutional amendments have empowered the citizen

President Dr Mohamed Muizzu has stated that the constitutional amendments brought in have only empowered citizens. This, he said, would be apparent if political bias is set aside. He made the remarks while speaking with the residents of AA. Mathiveri Island.

In his address, the President reflected on this, stating that the purpose of the Constitution is to declare and define the sovereign power of the state and its territory, define the power of the people, define the rights and responsibilities of the people, and define the system, order and arrangements for the administration of the rule of law. The President went on to clarify the reasons under which the constitutional amendments were brought in. He referred to the amendment, which mandates that the approval of three-fourths of the Parliament and 143,332 citizens must be sought for any decision on the special economic zone.

The President added that Parliament approval now needs to be sought for any foreign military presence to be active on Maldivian soil, made possible by the amendment to Act 251 of the Constitution. It also prohibits the practical deployment of foreign troops in any form on its territory, for military purposes, except to participate in agreed military exercises, with the approval of a majority of the total number of members of Parliament.

The President also noted that the change in the conditions of becoming a member of Parliament also protected the rights of the people. Members contest elections as representing a particular ideology or party and therefore there is a covenant between the elected member and the people of the constituency, he said. In the covenant, the member agrees to fulfil his constitutional responsibilities, he said, adding that the amendment to the Constitution will protect the covenant made by the members.

Referring to the circumstances that must be passed by popular vote before an amendment to the Constitution, he noted that the power to decide on the referendum, which was in the hands of a few, has been left in the hands of the people.

He further added that the changes to the President’s roles and responsibilities addressed the gaps in the existing framework, where the President had no role in determining long- and short-term national developmental planning.

The 6th Amendment to the Constitution was ratified by the President on November 20, 2024.

SOURCE : The President’s Office

President’s visit to India marked a new chapter in ties: Munu Mahawar

Indian High Commissioner to the Maldives, Munu Mahawar, has highlighted President Dr Mohamed Muizzu’s recent visit to India as a significant milestone in the historical ties between the two nations. Speaking to PSM News, Mahawar characterised the October visit as fruitful and successful, noting that it enabled extensive discussions aimed at strengthening bilateral relations.

The High Commissioner indicated that the visit established a framework for enhancing ties between the two countries. Reflecting on his tenure since 2021, which concludes later this year, He emphasised the numerous developmental initiatives implemented with Indian assistance, encompassing both financial aid and human capacity development efforts.

Discussing military cooperation, the High Commissioner highlighted significant Indian contributions to the defence sector, citing the construction of the MNDF Senahiya Hospital and the development of the training centre in Maalifushi as notable examples of military sector assistance.

Regarding regional security, the High Commissioner emphasised India’s commitment to collaborating with neighbouring countries to ensure the safety of the Indian Ocean region, specifically noting the government’s desire to work closely with the Maldives in this regard.

Looking to the future, the High Commissioner expressed optimism about India’s continued role as a key development partner for the Maldives, anticipating enhanced bilateral relations and increased assistance in the years ahead.

SOURCE : PSM

Maldives and Japan sign Exchange of Notes for Enhancing Mobility and Operational Efficiency of the Anti-Corruption Commission 

The Government of the Maldives and the Government of Japan have signed the Exchange of Notes for a project to enhance mobility and operational efficiency of the Anti-Corruption Commission (ACC) at a ceremony held at the Ministry of Foreign Affairs. 

Foreign Affairs Minister Dr Abdulla Khaleel and Japanese Ambassador to the Maldives Takeuchi Midori signed the Exchange of Notes at the ceremony. 

Under Japan’s Economic and Social Development Programme, this Exchange of Notes initiates a project to improve the ACC’s operational capacity by enhancing its mobility infrastructure. The assistance, valued at 300 million Japanese Yen (USD 2.158 million), will enable the ACC to respond efficiently to corruption allegations and conduct investigations across the Maldives’ geographically dispersed islands. 

During the ceremony, Dr Khaleel emphasised the project’s importance in strengthening anti-corruption efforts and improving governance. He noted that the project represents a significant step towards building a more transparent and accountable Government, ensuring swift and effective action against corruption in the Maldives. Dr Khaleel expressed gratitude to the Japanese government for its continued support and pivotal role in strengthening Maldivian institutions. 

The Minister also highlighted the enduring friendly relations between the Maldives and Japan, noting the 57th anniversary of diplomatic relations between the two nations. He underscored Japan’s role as an integral partner in the Maldives’ socio-economic development and governance initiatives. 

Senior officials from the Ministry of Foreign Affairs, Ministry of Finance, Anti-Corruption Commission and the Japanese Embassy attended the signing ceremony. 

SOURCE : PSM 

President announces mechanism to disburse fishermen’s payments within 48 Hours, starting Tuesday 

President Dr Mohamed Muizzu has announced that the mechanism for disbursing payments owed to fishermen within 48 hours will be implemented starting Tuesday. 

He made this statement in his address to the citizens of K. Gaafaru on Monday morning, fulfilling a key presidential pledge. 

In his speech, the President noted that by Monday afternoon, the Administration had already disbursed MVR 38 million in payments to fishermen. Of this, MVR 32.4 million was deposited into the bank accounts of 196 individuals with accounts at BML, while an additional MVR 5.6 million was deposited into the accounts of 20 individuals with accounts at MIB. With these payments, the President confirmed that the backlog of payments had been cleared and assured that such a backlog would not occur again in the future. 

The President also affirmed that fishermen would no longer face issues accessing fuel. From December 10 onwards, fuel will be available at base rates from STO and/or FSM outlets in K. Himmafushi, GA. Kooddoo, Lh. Felivaru, and S. Hulhumeedhoo. Additionally, STO will provide fuel at base rates from MIFCO boats operating in GA. Kooddoo and Lh. Felivaru. 

Furthermore, the President announced that the Government would grant legal recognition to the fishermen’s registry, which will offer fishermen financial opportunities and benefits. The regulation for the fishermen’s registry is set to be gazetted on Thursday. Once published, those listed on the registry will be eligible for benefit schemes provided by BML, MIB, and STO. 

President Dr Muizzu emphasised that his administration is strategically working to develop and strengthen the resilience of the fishing sector. He added that the Administration is prepared to transfer the operation of ice plants to local councils if fishermen wish to maintain a decentralised governance system. He also revealed that efforts to expand cold storage capacity are already underway, with the goal of increasing fish processing capacity. 

The President further expressed his commitment to enhancing the capacity and investment in the sector, ensuring that it contributes significantly to the nation’s Gross Domestic Product. 

SOURCE : The President’s Office

The President affirms the Government aims to develop and address issues overlooked by past administrations 

President Dr Mohamed Muizzu has affirmed that the Government aims to pursue development and address major issues overlooked by previous administrations. He made the remarks while speaking with the residents of AA. Rasdhoo Island. 

Speaking at the meeting, President underscored that citizens have consistently called for the resolution of the drug issue, which remains a significant challenge inherited from previous administrations. He remarked that the nation has endured the impact of drug addiction for decades, with the problem escalating over the past 30 to 40 years due to a lack of effective measures. 

President emphasised that the drug issue has severely impacted every family, island, and community. He affirmed that the Government’s priority is to rehabilitate drug addicts and ensure a drug-free, constructive future for the youth, recognising its importance for every island. 

The President stated that the Maldives relies heavily on revenue generated by promoting the country’s positive image internationally, and this can only be sustained by ensuring the nation remains peaceful, secure, and stable. He emphasised that achieving this requires overcoming drug addiction. 

In his speech, the President highlighted the significant efforts made by the current Government over the past year in tackling the drug trade. He pointed out that the drug trade had been involving a large number of undocumented foreigners, many of whom have now been deported. He stated that in the last year alone, 153 foreigners had been caught, arrested, and deported following thorough investigations, marking a twofold increase from the previous year. 

President stated that search operations at drug vendors and consumption establishments have been significantly increased. He reported that over the past year, 13,435 such venues have been raided, with investigations conducted on those involved. He highlighted that, as of November 2023, the number of raids stood at 8,581. Furthermore, the President revealed that 655 kg of drugs had been seized and publicly disposed of in front of the media. In contrast, only 113 kg of drugs was seized during the last year. President stated that the total value of drugs seized by the current Government amounts to 1.3 billion ruffiyya. He noted that the value of drugs seized until November of the previous year stood at 255 million ruffiyya. The President also assured that individuals involved in such activities within the police and other enforcement agencies would not be included in the list. 

Noting that the current Government’s vision is to find a genuine solution to substance abuse, President emphasised that a bill has been introduced in Parliament to facilitate progress in this regard. He further underscored the critical role of public cooperation in achieving a sustainable solution. The President remarked that true growth and development extend beyond visible accomplishments and necessitate the resolution of societal challenges. He highlighted that, through collective effort, the nation has the potential to overcome significant obstacles. 

SOURCE : The President’s Office 

Climate Envoy reaffirms complete transparency in environmental projects 

The Government will implement climate and environmental development projects with complete transparency and accountability, Special Envoy for Climate Change Ali Ashraf assured on Monday. 

The climate envoy made this commitment whilst inaugurating the Anti- Corruption Conference, hosted by the Anti-Corruption Commission (ACC) in collaboration with Transparency Maldives. The theme of the 2024 conference is ‘Strengthening Climate Governance.’ 

Speaking at the ceremony, Ashraf addressed concerns regarding the utilisation of climate adaptation funding provided to small island nations like the Maldives by various international organisations and developed countries. He acknowledged allegations about the misuse of such funds by governments. 

Ashraf emphasised that the current Government would utilise climate adaptation funding transparently, stating that projects would be implemented with complete accountability. The climate envoy pledged to cultivate such a culture within the government. 

He explained that reports were required to be submitted to climate change treaties regarding climate finance and noted that whilst small island nations had been granted submission concessions, the Maldives had proactively submitted its biennial transparency report ahead of the deadline. 

Ashraf also highlighted special measures being taken to disclose Government expenditure on climate change and environmental issues, noting that climate-related expenses would be specifically highlighted in next year’s state budget. 

During the ceremony, ACC President Adam Shamil emphasised that instilling integrity in young people is crucial to preventing corruption and commended the current administration’s anti-corruption efforts. 

Shamil expressed strong support for the Government’s nationalism project, emphasising its importance for cultivating positive values in young people and developing an honest generation. He further highlighted how the national development plan would play a vital role in reducing corruption. 

The Anti-Corruption Conference, held biennially since 2020, aims to unite various stakeholders to discuss, raise awareness and develop solutions to combat corruption through extensive panel discussions and keynote speakers. 

SOURCE : PSM

Maldives relaxes new forex rule to offer revenue percentage option 

Following mounting concerns over the recently enforced strict foreign currency regulation, the Government has submitted a new foreign currency bill to Parliament which includes a revenue percentage option for tourist establishments. Parliamentarian Ibrahim Falah introduced the bill. 

The Central Bank, Maldives Monetary Authority (MMA), said in a press conference that the new bill had been drafted to address concerns raised by tourism industry stakeholders through intensive consultations. 

The regulation mandates that Category A establishments, which include tourist resorts, integrated resorts, resort hotels and tourist vessels, must exchange USD500 through a locally registered bank for each tourist they accommodate. For Category B establishments, which include tourist guest houses and hotels with fewer than 50 rooms, the exchange requirement is USD25 per tourist; however, the new bill now offers an option of exchanging 20 per cent of the total foreign currency revenue. 

Governor of MMA, Ahmed Munawar, told reporters that despite the concession, the Government’s ultimate target remained uncompromised. He noted that the new option had been included to ensure fairness to both sides. 

The bill also introduces new exceptions, with tax, debt and other foreign currency payments being deductible from the forex obligation. The local tax authority, Maldives Inland Revenue Authority (MIRA), has been granted enhanced powers to effectively enforce the new law. These powers include the authority to demand financial information from establishments in cases of suspected evasion and non-compliance. 

SOURCE : PSM 

True progress is societal and intellectual development and self-sufficiency alongside infrastructure development: President 

President Dr Mohamed Muizzu has stated that addressing societal challenges, promoting intellectual growth, and cultivating a constructive and self-sufficient society alongside infrastructure development through a holistic approach is the true progress he wishes for the Maldivian communities. He made the remarks while speaking with the residents of AA. Rasdhoo in North Ari Atoll. 

President mentioned that meaningful, lasting, and genuine development can be achieved by avoiding political divisions, thinking with self-awareness, and progressing together. 

The President expressed optimism regarding the infrastructure projects requested by the community. He highlighted that Parliament had approved the budget for the upcoming fiscal year 2025, ensuring that development initiatives can be undertaken in Rasdhoo as well as other regions of the country 

The President added that the 2024 budget was formulated by the Finance Ministry of the previous government without accounting for the contributions made during the transition period. 

Sharing his vision 2025 and 2026, the President underscored that the goal is to initiate and complete the promised projects across various development areas, ensuring no distinction between small and large islands. In this regard, the President assured the people of Rasdhoo that the island’s harbour would be developed according to their request. 

Since fishing is a crucial sector for Rasdhoo, the Government aims to enable the community to produce ice locally, ensuring the fish remains fresh, instead of centralising control. The President mentioned that the people of Rasdhoo share this goal, and his Government is collaborating closely with the Councils to facilitate the necessary support. 

As Rasdhoo continues to develop its tourism industry, the President emphasised the importance of promoting tourism in an environmentally sustainable way. He encouraged guesthouses in Rasdhoo to rely on solar power systems and make the switch to renewable energy. 

The President acknowledged that some requests from the community could not be met due to last year’s budget, stating that the primary focus last year was to stabilise the economy and prevent bankruptcy. He noted that the Maldivian economy would progress from this foundation and affirmed that the Government would continue to support Rasdhoo, which is home to both the fishing and tourism industries. 

The President stated that the island’s development projects would be carried out in 2025 in line with his presidential pledges. 

SOURCE : The President’s Office 

The President meets with Bodufolhudhoo Island Council 

President Dr Mohamed Muizzu met with the Bodufolhudhoo Island Council to discuss the community’s most pressing needs. The meeting was held at the Mathiveri Island Council Secretariat in North Ari Atoll tonight. 

During the meeting, the Council highlighted the housing shortage faced by Bodufolhudhoo residents and requested the development of the island’s harbour. They also stressed the importance of collaborating with teachers to address student behavioral issues at school. 

Cabinet ministers accompanying the President shared the latest updates on the development projects being carried out on Bodufolhudhoo. 

Speaking at the meeting, the President stated that he would look into the issues raised by the Council and noted that housing projects would be given high priority in next year’s budget.

SOURCE : The President’s Office 

The President states that development work will continue rebuilding on the bedrock of the economy 

President Dr Mohamed Muizzu has stated that development work will continue rebuilding on the solid bedrock of the economic measures implement now. He made the remarks while speaking with the residents of AA. Mathiveri Island. 

The President assured that while rebuilding the economy, his Administration will ensure the rights of citizens, the nation’s sovereignty are upheld and the foreign policy goals protects the will of the people. 

Reflecting on the work carried out to strengthen the economy, the President said the biggest achievements were a halt to currency overdrafts and reversing the economic trajectory from a bankruptcy. He said that while these achievements were intangible, these were a solid foundation for future economic development. As such, the President vowed that no subsidies, Aasandha payments or retirement payments would be slashed to bring about these changes but rather, the Government would prioritise on cost-cutting measures. 

The President said that after tackling the issue of economy, the Administration then turned attention to the core issues facing the nation that had been left unattended to. As such, the issue of vaping and undocumented immigrants are being addressed to, he said, with Maldives Immigration’s Operation Kurangi proving to be a resounding success. 

President Dr Muizzu stated that his Administration ranked housing and homeownership as the biggest developmental projects, closely followed by education and health sector development. Water and sewerage projects are ranked next, with road development carried out on those islands with completed water and sewerage networks, followed by sports and social projects. 

The President emphasised from 2025 onward, developmental projects will follow this order, with the positive results rolling in based on the development of the construction and small and medium sized enterprises. 

SOURCE : The President’s Office 

Mathiveri airport project among top priority airport projects to begin next year: The President 

President Dr Mohamed Muizzu has assured that the construction of an airport in Mathiveri, which he noted as being ‘economically viable’, will be among the priority new airport projects starting next year. The President made this statement whilst addressing the residents of Mathiveri tonight. 

Speaking at the meeting, the President emphasised that the Mathiveri airport development would benefit both the island and the surrounding region. He noted the project’s economic viability and called for the Council and Ministry to collaborate on finalising the plans, following consultations with residents. 

The President announced plans for coastal protection and land reclamation work in Mathiveri. He also confirmed that the construction of a new mosque and improvements to the Health Centre would commence next year. 

Addressing the issue of a 40,000-square-foot plot of land that has remained unused for eight years, the President requested the Attorney General to explore legal solutions and promised to work towards terminating the current agreement and transferring the land to island residents. 

Outlining the Government’s two-year development plan, the President announced housing projects as the top priority for next year. These would be followed by developments in the education and healthcare sectors. He added that water and sewerage projects would be the next priority, before moving on to road construction and other social development initiatives. 

The President concluded his visit with a tour of Mathiveri Health Centre, where he inspected the ongoing works. 

SOURCE : The President’s Office

The President meets with Mathiveri Island Council and WDC 

President Dr Mohamed Muizzu met with the Mathiveri Island Council and Women’s Development Committee (WDC) on Sunday evening at the Mathiveri Island Council Secretariat in North Ari Atoll to discuss the community’s most pressing developmental needs. 

During the meeting, the Council members expressed its desire to change the Mathiveri school project and urged the Government to expedite it. The Council also stated housing was needed and urged the Government to start the land reclamation project as soon as possible. Concerns regarding the provision of health care were also shared in detail. The Council urged the Government to build an airport on the island, which could potentially boost tourism and the local economy, and to ensure it is done in the best interest of the tourism industry. 

During the meeting, the ministers accompanying the President shared the latest updates on development projects in Mathiveri island. 

Speaking at the meeting, the President reassured the Council and the community that he would build an airport at Mathiveri Island. He added that he would work closely with the Council to design the project and that the Government would make every effort to address the issues raised by the Council. 

SOURCE : The President’s Office 

The President meets with Feridhoo Island Council 

President Dr Mohamed Muizzu met with the Feridhoo Island Council and discussed the development needs of the island. The meeting was held at the Mathiveri Island Council Secretariat in North Ari Atoll tonight. 

During the meeting, the Council members emphasised the Government’s role in promoting tourism on the island and raised concerns regarding the harbour project. The members urged to accelerate ongoing projects and prioritise the road project as part of the commitments. Additionally, they highlighted the challenges faced due to the absence of a police station. 

Cabinet Ministers accompanying the President shared the latest updates on projects planned for the island’s development. 

Concluding the meeting, the Council expressed its gratitude to State Electric Company Limited (STELCO) for its outstanding performance in the projects carried out in the island.

SOURCE : The President’s Office 

The President meets with Maalhos Island Council and WDC 

President Dr Mohamed Muizzu met with the Maalhos Island Council and Women’s Development Committee (WDC) members to discuss key development initiatives for the island. The meeting was held this evening at the Secretariat of Maalhos Island Council. 

During the meeting, members of the Maalhos Island Council expressed their concerns regarding the challenges faced in developing local tourism, highlighting areas where Government assistance is required. They also emphasised the need for the construction of a multipurpose hall for the island school and facilities for the youth to play football. Council members also provided details of other areas requiring developmental assistance to the President. 

Cabinet Ministers accompanying the President shared the latest updates on projects planned for the island’s development. 

Speaking at the meeting, President Dr Muizzu committed to addressing the concerns raised by the Council, particularly noting that he would expedite the school development project. 

SOURCE : The President’s Office 

The President meets with Himandhoo Island Council and WDC 

President Dr Mohamed Muizzu met with the Himandhoo Island Council and Women’s Development Committee (WDC) to discuss the community’s most pressing needs. The meeting was held at the Mathiveri Island Council Secretariat in North Ari Atoll today. 

During the meeting, councillors highlighted challenges arising from issues with the harbour entrance. They also expressed interest in developing the sports sector and protecting erosion-prone areas on the island. Additionally, the council emphasised the issues of land constraints and cramped conditions in the school. In response to these concerns, the President assured them that he would work towards swift solutions. 

Cabinet ministers accompanying the President shared details of planned Government projects for Himandhoo’s development and updated the council on current efforts regarding issues raised. 

At the meeting, the WDC shared details of a pipeline business venture and expressed gratitude to State Electric Company Limited (STELCO) for their continued support. 

SOURCE : The President’s Office 

The President meets with the K. Kaashidhoo Island Council and WDC 

President Dr Mohamed Muizzu met with the K. Kaashidhoo Island Council and Women’s Development Committee (WDC) and has reassured prioritising the agriculture sector. The meeting was held at the Secretariat of the Gaafaru Council, Male’ Atoll. 

During the meeting, Council members shared the concerns of the island’s residents and discussed the need for its development. They explained the current condition of the harbour and highlighted the challenges it presents to the community. 

Additionally, the members expressed worries about the health sector and emphasised the importance of addressing these issues. Council members expressed their desire to promote tourism on the island and implement the initiative. Furthermore, they inquired about the Government’s efforts to support agriculture in Kaashidhoo. 

Kaashidhoo Women’s Development Committee (WDC) also inquired about the structure of the WDC in the upcoming term during the meeting today. 

Responding to the inquiries and concerns raised, President Dr Muizzu outlined his plans for developing the agriculture sector. He also discussed the steps to enhance collaboration among various Government departments. The President provided details on the Government’s efforts to empower the WDC. 

SOURCE : The President’s Office 

Gaafaru development projects set for next year: The President 

President Dr Mohamed Muizzu has stated that development projects planned for Gaafaru will proceed next year. The President made these remarks whilst speaking at a meeting with Gaafaru residents during his ongoing tour of Malé Atoll islands. 

In his speech, the President acknowledged that development projects in Gaafaru had not progressed at his desired pace during the past year; however, he stated that the development projects he promised for Gaafaru would commence under the budget allocated for the coming year. 

Speaking about Gaafaru’s harbour and its need for expansion and repairs, the President revealed that he had tasked the Council and Ministry with developing an expanded design to address both medium and long-term development needs. Once finalised, he confirmed the project would be incorporated into the PSIP (Public Sector Investment Programme) and begin without delay. 

The President announced that improvements to the Gaafaru Health Centre and expanded school capacity would be implemented next year under new PSIP policy initiatives. Addressing concerns about the local ice plant, he explained that while its capacity would eventually be doubled as promised, the immediate priority would be establishing facilities in communities currently lacking such infrastructure; however, he reassured residents that the pledge to enhance Gaafaru’s existing ice plant remained firm. 

The President also assured residents that he would carefully attend to various other projects in different sectors, including sports and waste management, without neglecting any aspect of development. 

SOURCE : The President’s Office 

President meets K Gaafaru Council, WDC, assures of lasting solutions to issues raised 

President Dr Mohamed Muizzu has stated that the Administration would bring in lasting solutions to the issues raised by the members of the K Gaafaru Island Council and Women’s Development Committee. He made this statement at the meeting held Monday morning on his tour of the island. 

During the meeting, members of the K Gaafaru Island Council and Women’s Development Committee had shared pressing issues facing the island with the President. As such, they noted the urgent necessity of a functional health centre and the lack of land lease for residential purposes for the past 18 years, appealing the President to incorporate a land reclamation initiative for the island. They further noted that issue of space in the island’s school as well as issues facing the fishermen of the island. 

The Women’s Development Committee raised the issue of budgetary constraints and the delays in finishing the handball court. 

The Cabinet Ministers accompanying the President shared the latest updates on development projects in Gaafaru island at the meeting. 

Addressing the concerns shared, the President assured that the Administration would seek to fulfill the pledges, adding that in the coming year, special emphasis will be given to education and health sector projects. He also said that priority will be given to ensure that developmental projects of the island will be carried out without any halts.

SOURCE : The President’s Office 

MIFCO appoints first foreign CEO, Dr Lyubimov to assume role Tuesday 

Maldives Industrial Fisheries Company Ltd. (MIFCO) has appointed its first foreign specialist as Chief Executive Officer. Dr Vitaliy Lyubimov, a Ukrainian national with over 20 years of experience in the business sector, will commence his role on Tuesday, MIFCO announced. 

Dr Lyubimov brings extensive expertise to the position, with specialisation in crisis management, stakeholder management, risk and change management, planning, business analysis and analytics, production, technologies and engineering, and banking. He is also an experienced legal specialist, having resolved complex legal and regulatory issues in the financial and banking sectors, as well as labour relations. 

The appointment follows the departure of the previous CEO, Ahmed Samah Rasheed, who was dismissed in May. MIFCO subsequently made two recruitment announcements for the position. The Privatisation and Corporatisation Board (PCB), which oversees the monitoring and evaluation of Government-owned companies and state-owned enterprises, has yet to confirm Dr Lyubimov’s appointment. 

MIFCO, established in 1993 to promote and develop the Maldives’ fishery sector, has encountered significant financial challenges throughout its history, necessitating increased Government funding to maintain operations. The company believes that appointing individuals with substantial management experience will benefit its future development. 

According to MIFCO’s previous announcements, the company sought candidates with more than eight years of experience in fisheries sector-related companies and a minimum of four years managing international fisheries sector organisations. 

Maldives welcomes first cruise ship visit after regulatory reforms 

The Italian-flagged cruise ship AIDA, carrying 2,139 tourists from Switzerland, Austria and Germany, has arrived in the Maldives from Muscat, Oman, on 8 December 2024. This arrival marks the first cruise ship visit following regulatory changes implemented at the request of the Maldives Association of Yacht Agents (MAYA). 

The vessel’s arrival is expected to deliver substantial economic benefits to the local community. Various businesses in Malé and Hulhumalé, including restaurants, souvenir shops, local dhonis, guest houses and retail outlets, are anticipated to benefit from the increased visitor activity. This development represents a significant advancement in the tourism sector, further establishing the Maldives’ position as a leading cruise destination in the region. 

The AIDA’s visit demonstrates the nation’s ongoing commitment to expanding and diversifying its tourism offerings. Beyond immediate economic benefits to local businesses, this development is expected to strengthen foreign reserves, contributing to the country’s overall economic growth. The vessel is scheduled to depart on 9 December 2024 at 18:00. 

This milestone coincides with the Maldives’ recent achievements in the tourism sector, including securing the World Travel Awards’ World’s Leading Destination title for the fifth consecutive year and being named the World’s Leading Green Destination for the first time. This development in cruise tourism establishes a foundation for future visits, promising continued growth in the industry and sustained positive impact on the local economy.

SOURCE : PSM 

Tourist arrival numbers cross 2023 figures 

Minister of Tourism Ibrahim Faisal has announced that the Maldives’ tourist arrivals have exceeded the previous year’s figures. 

The island nation welcomed 1.87 million tourists in 2023, and with 23 days remaining in the current year, arrivals have already reached 1.88 million visitors. 

Current statistical data indicates that the Maldives receives an average of 5,700 tourists daily. Given the increased visitor numbers during the peak tourism season, the nation appears well-positioned to achieve its target of hosting 2 million tourists by year-end.

SOURCE : PSM