MTCC introduces new Yanmar fishing vessel, engine
Maldives Transport and Contracting Company (MTCC) has introduced its new Yanmar Fishing Cruiser and 1,400HP Yanmar Inboard Engine. Chief Operating Officer (COO)
Top 10 EV Battery Startups Innovating the Industry
E-Rickshaws Batteries – 48V (3.12 KWH) and 51V (3.57 KWH) E-Rickshaws Batteries – These are 3-W Li-Ion Battery Packs for E-Rickshaws with a nominal voltage of 48V and 51V. Their
Maldives Tightens Tobacco Regulations with New Amendments
The Health Ministry has announced amendments to the Tobacco Control Act, introducing significant changes to regulate tobacco and related products in the Maldives.
Merseyrail battery-powered trains ''introduced too soon''
Merseyrail''s battery-powered trains may have been introduced too soon, a leading railway journalist has said. There have been repeated problems with the new
Maldives introduces new banknotes
The UK-based company has been printing Maldivian banknotes since 1947. The central bank plans to introduce the new notes through the banking system as well as
MPL signs with three companies for Sea-to-Air Cargo
Maldives Ports Limited (MPL) has entered agreements with three companies to inaugurate the new Sea-to-Air Cargo Transshipment services, marking a significant
How Technology is Unlocking New Opportunities in
The Maldives has a strong focus on technology as an individual industry and its involvement in other industries, which has led to economic growth as new businesses arise. As we have limited natural resources, we are highly
Maldives Implements New Companies Act — Orbitax Tax News
The Maldives has implemented a new Companies Act (Law 07/2023), which was ratified on 27 December 2023 and replaces the prior Companies Act of 1996 with effect
Reinvent Introduces Victory Electrostatic Sprayers in Maldives
With resorts in the Maldives expected to adhere to new and stringent health and hygiene standards of the ''new normal'', Reinvent Maldives believes the newly introduced two
RuPay Cards to be Introduced in the Maldives by August
Dollar wallets for the Bank of Maldives (BML) and the Maldives Islamic Bank (MIB) have been activated. He also mentioned that the government has made significant
STELCO Announces Plans to Power Five Islands with
State Electric Company Limited (STELCO) has unveiled its strategy to introduce battery-powered electricity to at least five islands by the year''s end. During the commemoration of STELCO''s 74th anniversary,
STELCO Launches Wave Monitoring Project to Advance Maldives
The Maldives government has also introduced the Energy Policy and Strategy 2024–2029, guiding efforts toward its ambitious green energy targets. Supported by the Asian
Dhiraagu: 36 Years of Connecting the Maldives
For over three decades, Dhiraagu has been at the forefront of the Maldives'' telecommunications landscape, transforming a dispersed island nation into a digitally connected community. Since its establishment in 1988,
Amendment to Companies Act Passed: Shorter Deadlines for
Under the existing Companies Act, the Registrar of Companies has a 30-day window to mandate the appointment of managing directors and directors when vacancies
Parliament to Debate New Amendments to Companies Act
Under the existing law, the Registrar of Companies has a 30-day window to mandate the appointment of managing directors and directors for both public and private
Battery Energy Storage Systems to be built in 24 islands
The Ministry of Environment, Climate Change and Technology has signed a contract for the installation of 40 MWh capacity Battery Energy Storage Systems across 24 islands in the Maldives. The project was awarded
STELCO to Power Five Islands Using Battery
The initial phase aims to deliver 12 hours of electricity through battery storage, with plans for expansion to additional islands in the pipeline. Furthermore, Fahmy announced STELCO''s commitment to bolstering its
ILAA Maldives
Since 1925, Trojan Battery Company has been the world''s leading deep-cycle battery manufacturer. Durable, long-lasting and reliable, users around the globe rely on Trojan flooded,
STELCO to Provide Battery Electricity to 5 Islands
At a ceremony to mark the 74th anniversary of the introduction of electricity, Fahmy said the company is preparing to start providing at least 12 hours of battery power to at least five Islands in Kaafu Atoll, Alif Alif Atoll, Alif
Fahmy assures electricity in 5 islands
The Managing Director of State Electric Company (STELCO) Hussain Fahmy has assured provision of electricity in five new islands in 2024 via battery-powered electricity.
Maldives: What Does The New Government In Male Mean For
The engineering, procurement, and construction tender for Indian companies, for the development of the Gulhifalhu port, is expected to be floated by the South Asian island
New Companies Act Requirements Now in Effect in the Maldives
The Act, along with the Private Companies Regulation (Regulation Number: 2024/R-99), has introduced significant compliance obligations for companies operating in the
Sino Soar Won the Bid of Mini-grid Project in Maldives
Maldives. On August 26th 2021, Sino Soar won the bid of the 12 Islands PV-Diesel-Battery Mini-grid Project in Thaa Atoll Maldives. This project is SINOSOAR''s second mini-grid project in
Top 10 battery swap companies in the world
Company overview: Zhizu Swapping, as one of the top 10 battery swap companies in the world, established on January 18, 2018, is an innovative IoT technology company in the new energy
India''s top selling automotive battery introduced to
The number one battery brand of India Amaron has been introduced to the Maldives. Well-known for its durability, the batteries are being sold at a dedicated showroom named Amaron Battery House in Male'' City.
Maldives launches tender seeking 40MWh of BESS
The Republic of Maldives has launched a tender process, seeking to procure battery energy storage systems (BESS) in an energy transition project supported by Asian Development Bank (ADB) funding.
Companies Act
The Maldives parliament has passed a new Companies Act 7/2023 (the "Act") which has recently been assented to by the president. The law is set to replace the existing
Maldives awards contract to install 40 MWh battery energy
In a bid to store power produced from solar energy, a contract has been awarded to install 40 MWh battery energy storage system (BESS) in 24 islands across the
Digital Maldives Economy New
The monetary authority thus introduced a multi-phase initiative to address these challenges . Banks and telecom operators introduced digital wallet applications in 2022, as the country
Next Generation Battery Technology Companies
Several companies are leading the charge in the development of next-generation battery technology. Tesla, Inc. (NASDAQ:TSLA), for instance, has been a pioneer
India''s top selling automotive battery introduced to Maldives
Amazone, the number one battery brand of India, has been introduced to the Maldives Amazone, the number one battery brand of India, has been introduced to the Maldives. Well
Top Solid State Battery Companies Shaping the Future
BYD, another prominent player among Solid State Battery Companies, has made significant strides in developing its own solid state battery technology. Although BYD has
Coca‑Cola commits new investments to Maldives
Coca‑Cola is one of the world''s most famous and best-loved brands and has been refreshing the world for 136 years. The Coca‑Cola Company, through its bottling partner, Male'' Aerated
UPI payment service to be introduced in Maldives by India
Though the government of Maldives has been placing emphasis on economic diversification, tourism is still considered the primary source of economic activity of Maldives,
Maldives: POISED on the Road to Renewables
Something as simple as turning on a light has been an expensive proposition in the Maldives, until recently. With few sources of energy, the country has resorted to importing almost all of it. Tankerloads of diesel and
Today marks 50 years since Yanmar was introduced to the Maldives
Today marks 50 years since Yanmar was introduced to the Maldives. Yanmar has been instrumental in the mechanization and development of vessels, especially in the fishing industry. We take great
Rakeedhoo Pioneers Renewable Energy with New Hybrid
4 天之前· This new system now powers the island, using solar and battery storage to meet most of its energy needs while relying on the generator for just two hours each day. The project, fully