| Posted: 10 Jan 2012 11:44 AM PST 
The FINANCIAL -- Before I fly to Male, the tiny capital of Maldives Islands, I am invited to meet with Ali Umar Manikku, the man who, over a 50 year period, took a tiny nation of islanders from total obscurity to a well-to-do country which, just a few days ago, created the record of having pulled in one million tourists for 2011. Maldives per capita tourist influx is phenomenal. The ratio of 350,000 population to the tourist population of one million is staggering. Maldives does not... [This is summary only, visit www.maldiveslive.blogspot.com for more detail]  |
| Expect Rs 900 cr loss from Delhi Airport in CY12: GMR Infra Posted: 10 Jan 2012 11:40 AM PST 
A newspaper report said GMR Infra will be allowed to collect airport development fee from Maldives Airport. Last month, a local court had banned the company from collecting it. Speaking to CNBC-TV18, Sidharath Kapur, CFO-Airports at GMR Group says, "New tariff hike has not yet been finalised by the regulators. The company expects requisite approvals to come in by March." Below is the edited transcript of Kapur's interview with CNBC-TV18's Latha Venkatesh and Reema Tendulkar. Also watch the... [This is summary only, visit www.maldiveslive.blogspot.com for more detail]  |
| Maldives faces tides of change Posted: 10 Jan 2012 11:33 AM PST 
MOHAMED Nasheed carries the air of a man without much time. ''How did it go? Did we win?'' he asks an aide as he sweeps, almost at a run, down the marbled corridors of the presidential office. Told yes, the vote on the reappointment of his Minister of Islamic Affairs succeeded in his country's fractious parliament, he is pleased: ''That's good, our minister keeps his job. Now, what's next?'' The West Wing Bartlet-esque manner is no mere affection. Mohamed Nasheed is a man running out... [This is summary only, visit www.maldiveslive.blogspot.com for more detail]  |
| Maldives president orders resort spas to reopen pending court decision on conformity to Islam Posted: 10 Jan 2012 11:29 AM PST 
The president of the Maldives ordered the country's upscale resorts to reopen their spas on Wednesday pending a Supreme Court decision on whether they violate Islam, just days after they were shut under pressure from protesters led by an opposition party. The court decision could be critical to the tourism-dependent island nation's economic future. "The government has decided we will open all spas and give all the services to tourists which we have been giving before,"... [This is summary only, visit www.maldiveslive.blogspot.com for more detail]  |
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