News
Asia Capital and Belluna to develop Miriandhoo resort
Maldives.net.mv – Asia Capital PLC (ACAP) from Sri Lanka has announced plans for a resort project in the Maldives together with Belluna Co. Ltd. of Japan.
The project, which is expected to cost approximately $ 45 million, envisions the development of a 70-room luxury property on the island of Miriandhoo, situated in the Baa Atoll.
The scope of the project covers developing accommodation and other associated facilities with particular attention being focused on guest services, staff facilities, and other related guest and infrastructure facilities which are expected from a star class resort. As part of the development of resort facilities, the project also entails building support service facilities in the resort.
Speaking about the potential for this project, Asia Capital PLC Group Chief Executive Officer Stefan Abeyesinhe said: “Given the rapid growth in tourist arrivals experienced by Asia and the Pacific as well as the Maldivian government’s support to investors, several new development projects have been initiated in the Maldives. However, the increase in bed capacity may not be adequate to cater to the faster growing tourism industry; hence, ample opportunities are available for new investments into the Maldivian tourism industry. Investing into Maldives is a new area of focus for Japanese investors and we are happy to partner with Belluna to assist them in this endeavour.”
International tourism set a new record by the end of 2014 as 1.1 billion international tourists were recorded as travelling the world. The target, 1.2 million arrivals by 2014, set for the Maldives was achieved as a total of 1,204,857 tourists visited the country during the year; an increase of 7.1% compared with that of 2013. The growth rate was in line with the South Asian tourist arrival rates and outpaced global tourist arrivals.
Established in 1968, Belluna Co., Ltd. operates in the mail order industry in seven segments: General Mail Order, Specialty Mail Order, Retail Store Sales, Solution, Finance, Property, and Other and is headquartered in Ageo, Japan. The company possesses a comprehensive database and other management resources that have been cultivated through its mail order business, and has expanded into related fields to realise steady and continuous growth.
Asia Capital PLC is the largest investment bank in Sri Lanka to be listed on the Colombo Stock Exchange. As a group, Asia Capital has identified strong potential in the property, leisure and real estate sectors and is focused on these avenues of growth. However, whilst focusing on the leisure sector, Asia Capital continues to maintain its strong footing in investment banking operations.
Action
Dhawa Ihuru to celebrate marine heritage with Rannamaari Dive Fest this May
A story long resting beneath the surface returns this May, as Dhawa Ihuru invites guests and ocean enthusiasts to experience the Rannamaari Dive Fest 2026, taking place on 23 May 2026.
Set against one of the Maldives’ most accessible and vibrant house reefs — recognised among the Best House Reefs in the Maldives by Travel + Leisure Asia (2025) and awarded Best Dive Resort by Travel Trade Maldives (2025) — Dhawa Ihuru offers a compelling setting for discovery both above and below the surface.

At the centre of the experience lies the Rannamaari Shipwreck, a former dredger deliberately sunk in 1999 just off the island’s shore. Today, it has evolved into a thriving artificial reef, drawing an abundance of marine life and offering an accessible yet captivating dive site for both beginners and experienced divers.
On 23 May, the island comes alive with a full-day programme designed to bring this underwater legend to life. Guests can explore the wreck through guided dives led by the resort’s PADI-certified Dive Centre, alongside activities such as underwater treasure hunts, marine discovery sessions, and interactive experiences with the resort’s Marine Lab.

Founded in 2004 as the first of its kind in the Maldives, our Marine Lab continues to pioneer reef protection and restoration efforts. During the festival, guests can engage with our marine biologists and gain deeper information into the ecosystems that sustain island life.
As part of the experience, guests will also be introduced to the resort’s pioneering underwater initiatives, including the Barnacle Project — the Maldives’ first electric reef, launched in 1996 — and the Necklace Reef, established in 1998. Today, these structures have evolved into thriving marine habitats, supporting coral growth and attracting a rich diversity of fish and marine life.

Beyond diving, the festival extends across the island with a vibrant mix of experiences for all. From watersports and island crafts to relaxed beachfront dining and family-friendly activities, the event reflects Dhawa Ihuru’s easy-going, all-inclusive approach – where everything is thoughtfully in place, so guests can simply arrive and enjoy.
“The Rannamaari is more than a shipwreck – it is a living symbol of how responsible marine initiatives can transform history into habitat. From its unexpected sinking in 1999 to becoming a thriving artificial reef and the heart of our signature dive events, Rannamaari reflects our commitment to marine conservation, meaningful guest experiences, and celebrating the Maldives’ deep connection with the ocean,” said Mujuthaba Ali, Marine Recreations Manager, Marine Centre, of Dhawa Ihuru and Banyan Tree Vabbinfaru.
Just 25 minutes by speedboat from Velana International Airport, Dhawa Ihuru offers seamless access to an island where reef, wreck, and relaxed island living come together.
News
Angsana Velavaru introduces curated day visit packages
Angsana Velavaru has introduced a curated collection of day visit experiences, inviting guests to step into the rhythm of island life, even if only for a day. Designed for those seeking a brief yet meaningful escape, the new offerings combine relaxation, dining, and wellness within the resort’s expansive lagoon setting.
Set against the backdrop of white sands and turquoise waters in the South Nilandhe Atoll, Angsana Velavaru’s day visit experiences present an opportunity to pause, unwind, and reconnect. Guests may choose to spend their day by the pool, enjoying access to the resort’s facilities while taking in uninterrupted ocean views. A leisurely lunch unfolds at either Kaani restaurant or Kuredhi bar, accompanied by a selection of beverages, creating a relaxed and effortless dining experience by the sea.
For those seeking a more private retreat, the beachfront villa day experience offers a tranquil setting framed by lush greenery and direct access to the beach. Thoughtfully designed for comfort and seclusion, the beach villa experience allows guests to enjoy their own space while still being connected to the island’s vibrant surroundings.
Wellbeing remains at the heart of the experience, with guests invited to indulge in rejuvenating spa treatments, complemented by exclusive privileges throughout the day. Whether spent lounging poolside, enjoying a private villa escape, or simply embracing the natural beauty of the Maldives, each experience is shaped by a sense of ease and balance.
Available from 01 May to 30 September 2026, the day visit package offers a seamless way to experience Angsana Velavaru’s distinctive island setting within a limited timeframe, making it an ideal option for residents and visitors alike.
At its core, the day visit experience reflects Angsana Velavaru’s philosophy of creating moments that are both simple and memorable—where time slows, and the essence of island life can be felt in every detail.
To learn more about Angsana Velavaru, please visit the resort’s website.
Drink
Thomas Ling returns to The St. Regis Maldives for two-day sake series
This October, guests of The St. Regis Maldives Vommuli Resort are invited to immerse themselves in the refined world of Japanese gastronomy as Thomas Ling, Japanese Cuisine Goodwill Ambassador and internationally acclaimed sake authority, returns for an exclusive two day sake experience celebrating culture, craftsmanship, and culinary artistry.
Curated on the secluded shores of Vommuli Island, the experience offers discerning traveler intimate access to one of Japan’s most respected voices in the world of Nihonshu, set against a backdrop of pristine natural beauty and serene seclusion.
Conferred by the Ministry of Agriculture, Forestry and Fisheries of Japan as a Japanese Cuisine Goodwill Ambassador—an honour shared among a select circle of global culinary luminaries including Nobu Matsuhisa and Tetsuya Wakuda—Thomas Ling has further received the Ambassador’s Commendation Award from Japan’s Ministry of Foreign Affairs. With more than 24 years of refined expertise, he is celebrated for his dedication to promoting Japan’s “Kokushu,” the national collective heritage beverages of sake, shochu, and awamori, while safeguarding the cultural traditions that define them.
This collaboration forms part of The St. Regis Maldives Vommuli Resort’s Tastemaker Series, which brings together influential global talents to one of the Maldives’ most captivating private island destinations. The programme continues to define the resort as a place where creativity, excellence, and cultural expression converge, offering guests rare opportunities to connect with leading voices across culinary arts, fine wine, mixology, wellness, and sport.
A Curated Programme of Japanese Artistry
The experience begins on 5 October with an intimate Sake Masterclass hosted at T•Pan, the resort’s refined Japanese dining venue. Designed for a maximum of just 12 guests, the complimentary session offers an in depth exploration of premium sakes, guided by Ling’s expert commentary on brewing techniques, regional expression, and cultural significance.
The programme begins on 5 October with an intimate Sake Masterclass at T•Pan, hosted by Thomas Ling. Taking place from 15:00 to 16:00, the complimentary experience is limited to 12 guests, offering a rare opportunity to explore premium sakes through expert insight into craftsmanship, regional expression, and cultural significance.
On 6 October, guests are invited to indulge in a meticulously curated four course Sake Pairing Dinner at Orientale, where contemporary Japanese cuisine is elevated through thoughtful pairings that enhance flavour, texture, and balance. Designed as a one night only experience, the evening celebrates harmony between dish and drink in the spirit of true omotenashi.
The Four Course Sake Pairing Dinner will be served from 19:00 to 22:30, priced at USD 295++ per person.
For more information and details, please visit www.stregismaldives.com.
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