Maldives Marketing and Public Relations Corporation, (MMPRC/Visit Maldives) has participated in Travmedia’s International Media Marketplace (IMM) – Australia to market the Maldives as a destination. The Maldives is being represented at the fair on behalf of MMPRC by the PR agency designated for the Australian market, which took place on the 17th and 18th of February, 2022. Travmedia’s International Media Marketplace (IMM) is the leading global networking event, connecting the travel industry with top journalists, editors, influencers and broadcasters. This is the 10th edition of the annual event, which is unrivalled for relationship building and networking opportunities.
The main purpose of participating in this event is to promote the Maldives as a safe haven for travellers and to update the Australian travel trade with the latest information and travel guidelines from the destination. Through the event, MMPRC showcased the geographical advantages of the scattered islands of Maldives, allowing natural social distancing making Maldives one of the safest destinations for tourists. Our products, including resorts, hotels, guesthouses/homestays and liveaboards, were also marketed through this event.
The participation in IMM is in line with MMPRC’s strategy to maintain the destination presence in this market and to efficiently promote various segments of tourism to travel trade professionals. This strategy aims to assist the destination to increase future bookings and arrival figures from Australia and New Zealand. Before the pandemic, the Australian market was performing very well with positive growth each year. In 2019, the Australian market was in the top ten in terms of arrivals, with 39,928 tourists coming into the Maldives. Since the pandemic, Australia ceased outbound and inbound travels for the most part of the past two years. The market just reopened for outbound travels in January 2022, and numbers are predicted to gradually increase this year, considering pre-pandemic figures.
The Maldives has held several activities, such as webinars, social and digital media campaigns targeting the Australian travel trade as part of the effort to maintain destination momentum and increase arrivals from the market. Many similar activities are planned ahead for this market for 2022 as well.
The Maldives has been awarded the title of ‘World’s Leading Destination’ (among several other accolades) at the 2021 World Travel Awards, globally recognised as the hallmark of industry excellence. This is the second consecutive year that the Maldives had successfully earned this prestigious title, a shining testimony of the trust placed in the ‘magic of Maldivian hospitality’ by travellers from all over the globe.
This year also celebrates an exceptional year to visit the Maldives – the Golden Jubilee celebration of tourism in the Maldives kicked off earlier last year with plans to conduct new and exciting activities throughout the year.
STO signs agreement to purchase MSS Graphene
State Trading Organisation (STO) has signed the agreement for the purchase of MSS Graphene. This is the third vessel to be purchased by Maldives State Shipping (MSS).
Managing Director of STO Hussain Amr and the Managing Director of German-based company Kandlar, Jonas Keller, signed the agreement at a special ceremony held at the STO head office. Managing Director Amr said MSS Graphene is the latest addition to the MSS fleet and that it will facilitate direct cargo service between the Maldives, Singapore, and Malaysia. He said that the purchase of the new ship is a huge step towards expanding the services of MSS to the international sphere.
Furthermore, Amr noted the accomplishments MSS has been able to achieve within a short period of time and said that this was the first ever negotiations held to purchase a container ship for the Maldives. He added that work is now being done to obtain containers stamped with the MSS logo.
Additionally, Managing Director of MSS Abdulla Saeed said that MSS Graphene is similar in size to MSS Galena, with an on-board cargo capacity of 680TEU, and that the new ship will begin operations in August. He highlighted that the crew of all the ships in the MSS fleet are mostly made up of Maldivians and that the company is providing more training and employment opportunities for Maldivians interested in the shipping industry.
MSS is a shipping and logistics company owned by STO, offering an extensive international liner shipping service. MSS began its services in 2020 to reduce the price of goods imported into the country.
Bulgarian ‘Crypto Queen’ added to US most-wanted list
Ruja Ignatova was behind one of the most notorious scams in the frequently treacherous world of crypto currencies.
A Bulgarian woman dubbed the “Crypto Queen” after she raised billions of dollars in a fraudulent virtual currency scheme has been placed on the FBI’s 10 most wanted list.
The Federal Bureau of Investigation on Thursday put up a $100,000 reward for Ruja Ignatova, who disappeared in Greece in October 2017 around the time US authorities filed a sealed indictment and warrant for her arrest.
The 42-year-old, who is also a German citizen, was behind one of the most notorious scams in the frequently treacherous world of crypto currencies.
In 2014, she launched OneCoin, ostensibly aiming to replace Bitcoin as the world’s leading virtual money.
Tapping a global network to market the coin to friends and family in exchange for their own payouts, she and co-conspirators pulled in at least $3.4 billion and possibly over $4 billion, according to court documents.
Ruja Ignatova is the newest addition to the #FBI's Ten Most Wanted Fugitives List. She's #wanted for allegedly leading a fraud scheme that affected millions of investors worldwide. We're offering a reward of up to $100,000 for info leading to her arrest. https://t.co/5mk0NccE7x pic.twitter.com/xKoj0RN6BZ
— FBI (@FBI) June 30, 2022
Classic Ponzi scheme
Officials said that OneCoin was not backed by any secured, independent blockchain-type technology as other crypto currencies are.
Instead, they said, it was a classic Ponzi scheme, in which early investors are encouraged to find others and then paid out by receipts from later investors.
“OneCoin claimed to have a private blockchain,” said FBI Special Agent Ronald Shimko in a statement.
“This is in contrast to other virtual currencies, which have a decentralized and public blockchain. In this case, investors were just asked to trust OneCoin,” he said.
Rewards for information
Ignatova disappeared in 2017 as international investigators began to close in on her group.
“Investigators believe Ignatova may have been tipped off that she was under investigation by US and international authorities,” the FBI said Thursday.
“She travelled from Sofia, Bulgaria, to Athens, Greece, on October 25, 2017, and has not been seen since.”
On May 11, Europol announced it had added Ignatova to its most-wanted list, and offered a 5,000 euro ($5,200) reward for information on her whereabouts.
But on Thursday she was no longer on the list. It was not clear why or when she came off it, and authorities in Europe and the United States have not shown evidence of whether she is alive or dead.
Samsung starts mass production of advanced 3-nanometre chips
The new chips will be more powerful and efficient and will be used in high-performance computing applications before being put into gadgets such as mobile phones.
Samsung Electronics has become the first chipmaker in the world to mass-produce advanced 3-nanometre microchips as it seeks to catch up with Taiwan’s TSMC.
“Compared to 5nm process, the first-generation 3nm process can reduce power consumption by up to 45 percent, improve performance by 23 percent and reduce area by 16 percent,” Samsung said in a statement on Thursday.
The South Korean conglomerate last month announced a five-year plan to invest 450 trillion won (US$356 billion), saying it would “bring forward the mass production of chips based on the 3-nanometre process”.
The vast majority of the world’s most advanced microchips are made by just two companies – Samsung and Taiwan’s TSMC – both of which are running at full capacity to alleviate a global shortage.
Smaller, more powerful
The new chips will be smaller, more powerful and efficient, and will be used in high-performance computing applications before being put into gadgets such as mobile phones.
Samsung is the market leader in memory chips but it has been scrambling to catch up with TSMC in the advanced foundry business.
TSMC dominates more than half of the global foundry market, with clients including Apple and Qualcomm, while Samsung trails with around 16 percent market share, according to TrendForce.
TSMC plans to begin volume production of 3-nanometre technology in the second half of this year, and entered the development stage of 2-nanometre technology last year, according to the company’s 2021 annual report.
Parliament passes bill to change Green Tax rate for large guesthouses
STO signs agreement to purchase MSS Graphene
Bulgarian ‘Crypto Queen’ added to US most-wanted list
WHO calls for ‘urgent action’ as monkeypox cases in Europe spark concerns
Full text: Xi Jinping’s speech at HKSAR anniversary meeting, inauguration of sixth-term govt
Djokovic chases Sampras feat, cruises to Wimbledon last 16
MMPRC takes part in Travel and Tourism Fair in India
Elections Commission grants approval to form Maldives Solidarity Party.
Parliament’s 06th May Terror Attack Report Highlights Defence Minister Mariya Ali Didi’s Negligence.
President Abdulla Yameen officially calls for the removal of Indian military personnel in the Maldives.
Leaked documents show India refused to withdraw military personnel and helicopters from the Maldives even after their Visa’s expired.
Opposition invites all ruling coalition partners to join campaign to secure independence of the Maldives.
Former President Mohamed Nasheed revokes support for the current administration in an open letter.
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