Category: News in Brief

CMDA states that government will cooperate to appoint more females to boards of directors

The Capital Market Development Authority (CMDA) has had confirmation it will receive complete government support in its initiative to appoint more females to the boards of directors of various companies.

The CMDA stated that in meetings with its CEO President Abdulla Yameen has agreed to support the authority’s initiative to introduce changes to the Corporate Governance Code, making it obligatory that 30 percent of all company boards registered with the authority by 2016 must be female.

The development authority further stated that 24 percent of participants in the director training and corporate governance awareness programmes held to date are female. Thereby, the authority is confident that there are a high number of qualified and capable female professionals in the country.

The authority further revealed that it has plans to conduct training to increase female participation in company boards.

Likes(0)Dislikes(0)

Fenaka Corporation contracted to establish sewerage system in Maamendhoo

The government has contracted state utilities company Fenaka Corporation to establish a sewerage system in the island of Maamendhoo in Laamu Atoll.

In an event held in the Environment Ministry on Tuesday, the government contracted the Corporation to construct the sewerage system in a period of 18 months with a budget of MVR31 million.

The agreement was signed by Minister of Environment Thoriq Ibrahim and Fenaka Corporation Managing Director Mohamed Nimal.

Speaking to press after the event, Thoriq stated that the development of an island depended on the maintaining of peace and unity in the island, and that the government will keep this in mind when initiating such projects.

He also called on local councils in the islands to cooperate with development projects initiated by the government.

Feneka Corporation Managing Director Mohamed Nimal stated that physical work on the project will begin in the next 14 days and that the project is expected to be completed within the estimated timeframe.

On March 3, the government also contracted the Feneka Corporation to establish sewerage systems in the islands of Burunee and Madifushi in Thaa Atoll.

Likes(0)Dislikes(0)

Police arrest five for drug possession

Police arrested five young people yesterday (Monday 10) for possession of illicit narcotics.

The Maldives Police Service reported that they were a “22 year old, a 21 year old, an 18 year old and two 17 year olds, all locals”.

The Police Life website stated that they were taken in at 3:36pm on March 10 based on information which stated that these individuals were “involved in the trafficking and trade of illicit narcotics within the country”.

A search of their house revealed 80 cellophane packets of suspicious substances. The Drug Enforcement Department is investigating the matter further.

Police have made conducted a number of raids in recent weeks, with Home Minister Umar Naseer having vowed that the main target of his ministry for the next five years would be curbing drug-related crimes.

Likes(0)Dislikes(0)

Fiqh Academy advises against importing kosher meals

The Fiqh Academy of Maldives has issued a fatwa (legal opinion) stating that the importation and sale of kosher meals – foods that conform to Jewish dietary laws – is not advisable under Islamic Shariah.

Following its research of kosher foods, the academy however found that neither its ingredients nor production process involved elements forbidden by Shariah.

While consuming kosher meals was therefore not forbidden for Muslims, the fatwa stated that it was not advisable to introduce a Jewish product to an Islamic nation such as the Maldives.

The fatwa was signed by the academy’s President Sheikh Mohamed Rasheed Ibrahim – former chief justice and head of the Supreme Council for Islamic Affairs under President Maumoon Abdul Gayoom – and ten other members of the academy.

Likes(0)Dislikes(0)

Bandidhoo harbour construction resumes after five years

The Bandidhoo harbour project officially recommenced yesterday (March 10) after a five year pause in construction.

Minister of Housing and Infrastructure Dr Mohamed Muizzu and Meedhoo MP Ahmed Siyam Mohamed were at the ceremony to inaugurate the project, Sun Online reported.

The project was initially started by President Maumoon Abdul Gayoom’s government in 2008, and stopped during that year’s change in government.

Sun Online reported that Housing Minister Dr Muizzu said the present government would fulfil its pledges and produce results, as it has proved over the past few months.

Likes(0)Dislikes(0)

IUCN holding a free seminar on sustainable manta tourism

The International Union for the Conservation of Nature Maldives is holding a seminar to inform local residents about sustainable practises in “manta tourism” in the Maldives.

The free public seminar will be held on this Saturday (March 15), from 10:00 – 12:00 at the Faculty of Education Auditorium, Ameenee Building, Malé.

Based on surveys of experienced divers and tourists, the manta-related touristic activity is estimated to be worth about US$8.1 million per year in direct revenue.

There is a concern, however, that the large numbers of tourists flocking to popular manta sites could be having a negative impact on manta numbers.

The seminar will discuss different options for developing a responsible ‘manta Tourism’ and will describe some best practices to follow while viewing mantas because preventing disturbances will help keep a healthy population of rays in the Maldives.

Likes(0)Dislikes(0)

MWSC contracted to establish water and sewerage systems in three islands

The Ministry of Environment has on Monday contracted the state enterprise Maldives Water and Sewerage Company (MWSC) to build water and sewerage systems in three islands –  Mulah and Dhiggaru in Meemu Atoll and Maamigili in Alif Dhaalu Atoll.

The Environment Ministry stated that the main objective behind contracting the work to MWSC was to bring down the expenses that the state will need to spend on the projects, stating that the move saved 20 percent of the total cost.

The ministry further stated that physical work on the projects is expected to begin within a week from today.

MWSC stated that they have planned to complete the work in a period of 18 months. They further revealed that a total of MVR140 million (US$9 million) is estimated to be spent on the project.

Likes(0)Dislikes(0)

Criminal Court orders police to present Zaki and Siyam to hearing

The Criminal Court has released an order on Sunday asking the police to keep government coalition partner Maldivian Development Alliance leader and owner of Sun Travels Ahmed Siyam and Nasheed administration’s Special Envoy Ibrahim Hussain Zaki in police custody and to present them to court hearings.

The order was released as the court has been unable to deliver the summons for the hearings to the two individuals.

Siyam is being summoned to court regarding a case where customs discovered he had tried to bring in a bottle of alcohol in his luggage to the Maldives in March 2012.

Zaki is being tried for a case against him for possessing drugs and alcohol during a police raid of the island of Hondaidhoo in November 2012 where he and a number of others, including MDP parliament members Abdulla Jabir and Hamid Abdul Ghafoor were arrested.

Likes(0)Dislikes(0)

Economic Council to decide on how to proceed with TATA flats

Minister of Housing and Infrastructure Dr Mohamed Muizzu has stated on Monday that a decision on how to proceed with the flats constructed by Indian construction Company TATA can be made only after the Economic Council deliberates and decides on the matter.

The minister stated that it had been noticed that no physical work had been constructed at the site of the flats since the structure had been built. He said that the government has already held discussions with the subcontractor after work was halted.

“At the time, the concerns they raised had to do with agreements and amendments made to agreements before we started leading the ministry during the Waheed administration,” Muizzu is quoted as saying in local media.

“As the matters were raised outside the agreed contract, and the whole concept is a developer finance concept project, we were unable to accommodate their requests and we left it at that then.”

According to Muizzu, the current delays are due to the government’s refusal to conduct any work outside of the agreement.

“It is when the Economic Council decides on the manner that we will know how to proceed. We have even been deliberating with the Indian High Commission about the matter of work on these flats being halted,” he stated.

Likes(0)Dislikes(0)