Connect with us

News

TMA and SATS consortium leads the bids to acquire SriLankan Airlines

Published

on

Tran Maldivian Airways (TMA) and Singapore Airport Terminal Services (SATS) have jointly offered to acquire SriLankan Airlines through their join venture, Super Group Partners Company Ltd.

According to the Sunday Times, Super Group scored highest among ten bidders vying for a management stake in cash-strapped airline. It also revealed that Super Group, which wants an 80 percent stake in SriLankan, has scored 68 marks while closest scorer, Peace Air has sought a 70 percent stake and scored 65.

The bids were evaluated by the National Savings Bank, the lead manager appointed by the Sri Lankan cabinet, assisted by the audit firm KPMG.

Super Group have offered a total investment of US$ 5 billion spread out over ten years. A billion out of this will go towards covering SriLankan’s existing debts. “That is their total package, not just into the airline,” said a source who had examined the document to the Sunday Times.

The lead manager’s recommendations have been sent to the Cabinet Committee on Economic Management. One aspect the CCEM will have to look at is the size of the stake sought by the respective parties in SriLankan.

 

 

Awards

Villa Park secures second straight HolidayCheck Award

Published

on

Villa Park has been recognised with the HolidayCheck Award 2026 for the second consecutive year, reflecting continued guest trust and consistently strong feedback.

Set on one of the Maldives’ largest natural islands in the South Ari Marine Protected Area (SAMPA) region, Villa Park is a standout choice for families seeking a lush, activity-filled escape. With tropical greenery woven throughout the island, long stretches of beach, and a wide range of experiences to suit every age, the resort offers the space and variety that make family travel feel effortless. From active lagoon days to slower, restorative moments, families can shape each day around what matters most to them.

Villa Park is also home to an extensive range of Beach Pool Villas, offering picture-perfect settings designed for easy indoor-outdoor living. Surrounded by palms and gardens, these private stays deliver the bright, tropical backdrop guests return for and love to capture.

For families, the island experience is elevated further by Park Players, positioned as the Maldives’ largest kids’ club, with a dedicated world of play, creativity, and discovery. The combination of nature, space, and things to do across the island continues to shape Villa Park’s reputation as one of the Maldives’ most trusted family resorts.

Continue Reading

Love

Azur rooftop at JEN Maldives sets stage for Valentine’s Day dining

Published

on

JEN Maldives by Shangri-La is set to mark Valentine’s Day with a curated rooftop dining experience at Azur Rooftop, combining ocean views, live music and a specially designed menu for couples.

Taking place against the backdrop of the Malé skyline and the Indian Ocean, the Valentine’s Day dinner is designed for couples seeking an intimate yet lively evening. The experience begins with a Tropical Sweetheart welcome drink, blending strawberry, lime and honey, followed by an amuse-bouche served as a shared moment between partners, featuring romesco mousse in a rye tart.

The dinner continues with a selection of starters including Indonesian chicken satay with peanut sauce and a chilled watermelon coconut gazpacho. A passion fruit and mango sorbet is served as a palate cleanser ahead of the main courses.

For the main course, guests may choose between roasted chicken with thyme and beet jus, seared seabass with smoked paprika mashed potatoes, or beetroot risotto finished with burrata. The dining experience concludes with a dessert sequence titled Kiss Me Goodnight, accompanied by petit fours such as dark chocolate passion bites and strawberry rose macarons. Illy coffee, teas, chilled juices and soft drinks are also included.

Live music performances by Akku will accompany the evening, adding to the rooftop ambience created by soft lighting, décor and panoramic views.

The Valentine’s Day dinner at Azur Rooftop is priced at USD 110 per couple, inclusive of all taxes and service charges. Advance reservations are recommended and can be made by calling +960 330 0888.

Continue Reading

Action

InterContinental Maldives Maamunagau Resort launches ‘Swim with Nurse Sharks’ experience

Published

on

Nestled in the pristine waters of the Raa Atoll, InterContinental Maldives Maamunagau Resort introduces Swim with Nurse Sharks, a new guided marine experience offering guests a rare opportunity to encounter these gentle creatures in their natural lagoon habitat.

Located just minutes from the island, the calm, shallow waters provide ideal conditions for observing nurse sharks at rest and in motion. The one-hour experience operates three times a week by speedboat and is designed for small groups, making it suitable for families and confident swimmers seeking a meaningful connection with the ocean.

Guided with care and respect for the environment, the experience reflects the resort’s ongoing commitment to marine awareness and responsible interaction with wildlife. Guests gain insight into the behaviour of nurse sharks while exploring one of the region’s few accessible snorkelling sites dedicated to this species.

Available at USD 95++ per person, with special rates for children under 12, Swim with Nurse Sharks adds a distinctive new chapter to the resort’s immersive ocean experiences.

For more information on “Swim with Nurse Sharks” at InterContinental Maldives Maamunagau Resort, please visit the resort’s website.

Continue Reading
Advertisement

Trending

Copyright all rights reserved by Maldives Promotion House 2023.