SEZ

Government tight-lipped amid growing clamour to reveal Saudi project for Faafu atoll

Speculation of the imminent sale of Faafu atoll to the Saudi royal family intensified this week when the media learned of the Saudi King’s upcoming official visit to the Maldives, prompting concerns over the scope for corruption, threats to sovereignty, and potential damage to the environment.

New chair for SEZ board after Vice President’s arrest

Mohamed Saeed, the economic minister, will chair the government’s powerful Special Economic Zone (SEZ) board, the president’s office has said.

Comment: Happy Independence Day

Happy Independence Day

“The future holds the prospects of foreign military bases on Maldivian territorial waters; becoming embroiled in Indian Ocean security issues and potential naval warfare; forced internal migration; living in slum cities; absolute loss of way of life and identity; and total subjugation to a ruthless dictatorship that will always put money before people,” writes Dr Azra Naseem.

Second amendment on foreign land ownership likely to pass

Some 64 MPs voted to consider the constitutional amendment and sent it to a special committee for review. Minority leader Ibrahim Mohamed Solih said the government must consider Indian Ocean security in awarding land to foreign parties. A final vote is expected on Wednesday afternoon.

Constitutional amendment on foreign land ownership up for debate tonight

A parliamentary debate on amending the constitution to allow foreigners to own land in the Maldives will be up for debate at an extraordinary parliament sitting tonight, only hours after it was submitted to parliament.

Government to charge US$25,000 for SEZ applications

Government signs MoU with Dubai Ports World

Government to sign MoU with Dubai Ports World to develop port at Thilafushi

Businesses need an “economic tsar” or a “tyrant” to succeed, says President Yameen

Foreign investments worth MVR9.8 billion expected in five years, says President Yameen

President Yameen urges Saudis to invest in Maldives and “get warmed up for” heaven

Thumburi Guesthouse Island invites bids for hotel development

Government terminates Tatva waste management deal

Government hands back Kaadehdhoo Airport to Villa Air

President Yameen hails passage of SEZ bill

President Yameen accuses opposition parties of inciting unrest, sabotaging economy

Comment: The scramble for the Maldives

Majlis disrupted over Tourism Ministry corruption allegations

Comment: SEZ bill opens doors for economic slavery