Connect with us

News

Asia Capital and Belluna to develop Miriandhoo resort

Published

on

1Maldives(s)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.

News

Sun Siyam Iru Fushi Maldives Partners with Manta Trust, Strengthening Commitment to Marine Conservation

Published

on

Sun Siyam Iru Fushi Maldives proudly announces its recent certification as a partner of Manta Trust, a global leader in manta ray conservation . This exciting partnership underscores Sun Siyam Iru Fushi’s proactive efforts towards environmental stewardship and underscores its dedication to preserving the delicate marine ecosystems of the Maldives. 

The Manta Trust is a globally recognized organization registered in England and Wales and is dedicated to the research, protection, and conservation of manta rays and their habitats worldwide. Through research, education, and advocacy, the Manta Trust strives to ensure the long-term survival of these majestic creatures and the ecosystems they inhabit.

Guests visiting Sun Siyam Iru Fushi now have the opportunity to safely interact with manta rays if they are spotted during any resort excursion activities. This allows guests to create unforgettable memories while also respecting the natural habitat of the mantas. In addition, guests can contribute to citizen science by submitting their photographs to the Manta Trust. This helps researchers with the identification and tracking of individual mantas, providing valuable data on population dynamics and habitat preferences in the Maldives. To further enhance the experience, Sun Siyam Iru Fushi team members, who have received specialized training, are available to answer questions and provide insights into the captivating world of manta rays.

The resort pledges to actively support the Manta Trust’s initiatives through collaborative efforts, including participation in research expeditions, hosting educational programs, and engaging in community outreach initiatives throughout the year. In addition, the resort will educate its team members on responsible interactions with mantas and to actively contribute to manta ray conservation efforts. 

Caitlin Ruth Rentell, Marine Biologist at Sun Siyam Iru Fushi, expressed her enthusiasm about the partnership, stating, “We are thrilled to join forces with the Manta Trust in their mission to conserve manta rays and their habitats. At Sun Siyam Iru Fushi, we recognize the importance of preserving the marine environment for future generations, and this partnership underscores our ongoing commitment to sustainable practices.”

Sun Siyam Resorts is dedicated to operating sustainably and responsibly in the Maldives and Sri Lanka while offering authentic guest experiences. The group-wide Sun Siyam Cares program prioritizes sustainability through initiatives such as reducing energy and water use, managing waste to reduce plastic use, supporting community development, and investing in renewable energy. It also focuses on conservation efforts and work to preserve local heritage and cultural practices. By following these sustainability practices, the resorts aim to minimize the environmental impact, carbon footprint and contribute to the socio-economic well-being of the communities in which they operate.

For more information about Sun Siyam Cares and its sustainability initiatives, please visit the website at www.sunsiyam.com/sun-siyam-cares/.

Continue Reading

News

The Nautilus Maldives welcomes Christopher Terry as Executive Chef

Published

on

The Nautilus Maldives has announced the appointment of Christopher Terry as their new Executive Chef. Chef Terry brings a wealth of experience and a global flair to the resort’s diverse dining experiences.

A native of Antigua and Barbuda, Chef Terry’s culinary skills encompass a wide range of cuisines, including Mediterranean, French, Caribbean, European, and Asian. This makes him a perfect fit for The Nautilus, which is known for its eclectic and unique dining options.

Throughout his 15-year career, Chef Terry has honed his craft at some of the world’s most prestigious luxury resorts, including Aman, Rosewood Resorts, and Sandals Resorts. His exceptional talent has been recognized with numerous awards, such as the Artisan Award at the Antigua & Barbuda National Youth Awards and Young Chef of the Year by the Antigua Hotel’s and Tourist Association.

Chef Terry believes in using the finest ingredients, with a focus on fresh, local produce. His culinary philosophy aligns perfectly with The Nautilus’s commitment to providing exceptional experiences and unforgettable taste journeys for its guests.

Under Chef Terry’s leadership, guests at The Nautilus can expect to explore the following:

  • Zeytoun: Offering a focus on the aromatic herbs and spices of the Mediterranean.
  • Ocaso: Blending Japanese cuisine with a modern Latin American twist.
  • Thyme: Featuring comforting international cuisine, with flavors ranging from Asian to Mediterranean.

Chef Terry’s creations promise to be a reflection of pure, high-quality ingredients, thoughtfully paired for a delicious dining experience.

Equipped with a degree in Culinary Arts and a Wines and Spirits certification, Chef Terry brings a spirit of curiosity and a passion for culinary innovation to The Nautilus. Inspired by the Maldives’s rich natural bounty and pristine ingredients, he aims to elevate The Nautilus’s menus with his signature Caribbean-infused creations.

To discover the epicurean journeys available at The Nautilus Maldives, visit www.thenautilusmaldives.com.

Continue Reading

Business

Waste Management Corporation (WAMCO) Marks a Significant Step Towards Transforming Urban Waste Management

Published

on

Waste Management Corporation (WAMCO) marked a significant step towards plastic waste management with the adoption of dedicated vehicles handed over to boost this transformation of urban waste management supported by The Coca-Cola Foundation (TCCF) and the United Nations Development Programme (UNDP) in the Maldives.  

In March 2024, UNDP Maldives officially handed over a fleet of six vehicles to WAMCO, which included two electric vehicles (EVs), as part of an initiative aimed at enhancing waste management across the Greater Male’ Area (GMA). This acquisition, facilitated through the financial support of TCCF paves the way for a crucial advancement in bolstering PET collection efforts and tackling the challenge of plastic waste in the Maldives.

“This initiative marks a significant step towards boosting recycling rates and combating environmental pollution in the Maldives,” stated Pek Chuan Gan, Deputy Resident Representative of UNDP Maldives speaking at the handover ceremony. “Integrating electric vehicles into WAMCO’s fleet and improving PET recycling processes not only lowers carbon emissions but also pioneers renewable energy use in waste management. It’s a vital move for steering the Maldives towards a sustainable and renewable-powered future.”

The provision of electric vehicles marks a continuation of UNDP Maldives’ support to the Government’s vision to introduce renewable energy in key sectors such as waste management that significantly contribute to the country’s renewable energy transition ambition. By embracing clean energy solutions, such as electric vehicles in waste management practices, the Maldives can further reduce its carbon footprint and move closer to achieving its renewable energy goals.

“Utilizing eco-friendly vehicles is a pivotal change for WAMCO, signifying a major leap towards modernizing waste management in the Maldives,” remarked Mujthaba Jaleel, Managing Director, from WAMCO. “This collaboration highlights the shared commitment to environmental stewardship and the potential for such partnerships to catalyse meaningful progress in sustainability and about the positive impact these vehicles will have on our operations and the environment.”

Representatives from UNDP Maldives, WAMCO, and The Coca-Cola Foundation’s unified efforts towards a sustainable future. Photo courtesy: CIAO Advertising.

“Our commitment goes beyond just recycling; it’s about fostering a culture of sustainability,” remarked Saadia Madsbjerg, President, Coca‑Cola Foundation and VP Community Affairs. “By enhancing waste management in the Maldives, we aspire to set a benchmark for environmental stewardship.”

For The Coca-Cola Foundation, together with the stakeholders, the aim is to propel Maldives towards a future where plastic circularity is not just envisioned but actively pursued. By channelling resources and expertise into the heart of waste management, TCCF has made a sizeable contribution in enhancing and attracting investment to this crucial sector in the Maldives. This initiative is a testament to TCCF’s commitment to fostering sustainable practices and promoting the reuse and recycling of plastics, thereby reducing environmental impact, and paving the way for a circular economy.

The fleet handover event held on March 18, 2024, served as a celebration of collaboration in waste management. Representatives from UNDP Maldives, WAMCO, The Coca-Cola Foundation, government officials, and stakeholders came together to mark this significant step and reinforced their collective dedication to building a more sustainable future for the Maldives.

Continue Reading
Advertisement

Trending

Copyright all rights reserved by Maldives Promotion House 2023.