Sri Lanka firm Malwatte Valley Plantations to invest in resort

Sri Lankan firm Malwatte Valley Plantations has announced its intention to invest US$26 million in a resort in the Maldives, consisting of 70 villas.

The company told the Colombo Stock Exchange that the project would begin in September and be completed in two years. The new property would be managed by the Hilton chain, following the signing of a Memorandum of Understanding (MoU).


MAAS to celebrate 50th anniversary of first man in space

The Maldives Association for the Advancement of Science (MAAS) is hosting an event this evening (April 12) to celebrate the 50th anniversary of the first many in space.

“Fifty years ago a Russian by the name of Yuri Gagarin became the first human to escape the confines of Earth’s atmosphere and to enter into orbit around the Earth in space,” MAAS said in a statement.

“Human spaceflight became a reality 50 years ago with the launch of a bell-shaped capsule called ‘Vostok 1’ on April 12th, 1961. The capsule was carrying Soviet cosmonaut Yuri Gagarin, who took his place in history as the first human to leave the bounds of Earth and enter outer space.”

“MAAS will join the Global Astronomy Month’s global ‘Yuri’s Night’ celebrations with a local event to mark the occasion of this landmark human achievement. There will be electronic down-tempo music played live by a group of local musicians and the movie First Orbit will be screened as part of its global premier. MAAS invites everyone to join in the celebration.”

‘Yuri’s Night’ in the Maldives will take place at Seahouse in Male’ from 8:00pm to 11:00pm, April 12.