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Annual Report 2017
ANNUAL REPORT 2017 STATE ELECTRIC COMPANY LIMITED TABLE OF CONTENTS Executive Summary About us 1 Chairman’s Message 3 CEO’s Message 4 Board of Directors 5 Executive Management 7 How we grew 14 Who we serve 15 Statistical Highlights 16 Financial Highlights 17 Our Footprint 18 Market Review 19 Strategic Review 20 - Power Generation 20 - Distribution System 24 - Human Resources 25 - Corporate Social Responsibility 29 - Customer Services 30 - Financial Overview 32 - Creating efficiency and reducing cost 40 - Business Diversification 41 - Renewable Energy 44 Moving Forward 45 - Grid of the Future 46 - An Efficient Future 47 - Investing for the Future 47 Audited Financial Statements 2017 48 Company Contacts EXECUTIVE SUMMARY The year 2017 is marked as a challenging yet Business was diversified into new areas such successful year in the recent history of State as water bottling and supply. Further STELCO Electric Company Limited (STELCO). The main showroom services were expanded to provide highlight of the year is that STELCO has more varieties of products. observed a net positive growth, after a few consecutive loss making years. Though STELCO has posted a positive growth, the increasing gearing ratio is an area of Some of the success stories in 2017 include the concern which needs to be addressed at the commencement of STELCO Fifth Power policy level with government authorities. Development Project as well as addition of generation capacity to the STELCO network. Based on current forecasts, the electricity Further upgrades on distribution network as demand doubles every five to ten years, hence well as adoption of new technologies to STELCO needs to generate a profit of over MVR improve service quality were implemented. -
Population and Housing Census 2014
MALDIVES POPULATION AND HOUSING CENSUS 2014 National Bureau of Statistics Ministry of Finance and Treasury Male’, Maldives 4 Population & Households: CENSUS 2014 © National Bureau of Statistics, 2015 Maldives - Population and Housing Census 2014 All rights of this work are reserved. No part may be printed or published without prior written permission from the publisher. Short excerpts from the publication may be reproduced for the purpose of research or review provided due acknowledgment is made. Published by: National Bureau of Statistics Ministry of Finance and Treasury Male’ 20379 Republic of Maldives Tel: 334 9 200 / 33 9 473 / 334 9 474 Fax: 332 7 351 e-mail: [email protected] www.statisticsmaldives.gov.mv Cover and Layout design by: Aminath Mushfiqa Ibrahim Cover Photo Credits: UNFPA MALDIVES Printed by: National Bureau of Statistics Male’, Republic of Maldives National Bureau of Statistics 5 FOREWORD The Population and Housing Census of Maldives is the largest national statistical exercise and provide the most comprehensive source of information on population and households. Maldives has been conducting censuses since 1911 with the first modern census conducted in 1977. Censuses were conducted every five years since between 1985 and 2000. The 2005 census was delayed to 2006 due to tsunami of 2004, leaving a gap of 8 years between the last two censuses. The 2014 marks the 29th census conducted in the Maldives. Census provides a benchmark data for all demographic, economic and social statistics in the country to the smallest geographic level. Such information is vital for planning and evidence based decision-making. Census also provides a rich source of data for monitoring national and international development goals and initiatives. -
Villas and Residences | Club Intercontinental Benefits | Opening Special | Getting Here
VILLAS AND RESIDENCES | CLUB INTERCONTINENTAL BENEFITS | OPENING SPECIAL | GETTING HERE RESTAURANTS AND BARS | OCEAN CONSERVATION PROGRAM & COLLABORATION WITH MANTA TRUST | AVI SPA & WELLNESS AND KIDS CLUB A new experience lies ahead of you this September with the opening of the new InterContinental Maldives Maamunagau Resort. Spread over a private island with lush tropical greenery, InterContinental Maldives Maamunagau Resort seamlessly blends with the awe-inspiring natural beauty of the island. Resort facilities include: • 81 Villas & Residences • 6 restaurants and bars • Club InterContinental benefits • “The Retreat” - an adults only lounge • An overwater spa • 5 Star PADI certified diver center oering courses and daily expeditions with an on-site Marine Biologist • Planet Trekkers children’s facility VILLAS AND RESIDENCES Experience Maldives’ breathtaking vistas from each of the spacious 81 Beach, Lagoon and Overwater Villas and Residences at the InterContinental Maldives Maamunagau Resort. Choose soothing lagoon or dramatic ocean views with a perfect vantage point from your private terrace for a spectacular Bedroom - Overwater Pool Villa Outdoor Pool Deck - Overwater Pool Villa sunrise or sunset. Each Villa or Residence is tastefully designed encapsulating the needs of the modern nomad infused with distinct Maldivian design; featuring one, two or three separate bedrooms, lounge with an ensuite complemented by a spacious terrace overlooking the ocean or lagoon with a private pool. GO TO TOP Livingroom - Lagoon Pool Villa Bedroom - One -
Table 2.3 : POPULATION by SEX and LOCALITY, 1985, 1990, 1995
Table 2.3 : POPULATION BY SEX AND LOCALITY, 1985, 1990, 1995, 2000 , 2006 AND 2014 1985 1990 1995 2000 2006 20144_/ Locality Both Sexes Males Females Both Sexes Males Females Both Sexes Males Females Both Sexes Males Females Both Sexes Males Females Both Sexes Males Females Republic 180,088 93,482 86,606 213,215 109,336 103,879 244,814 124,622 120,192 270,101 137,200 132,901 298,968 151,459 147,509 324,920 158,842 166,078 Male' 45,874 25,897 19,977 55,130 30,150 24,980 62,519 33,506 29,013 74,069 38,559 35,510 103,693 51,992 51,701 129,381 64,443 64,938 Atolls 134,214 67,585 66,629 158,085 79,186 78,899 182,295 91,116 91,179 196,032 98,641 97,391 195,275 99,467 95,808 195,539 94,399 101,140 North Thiladhunmathi (HA) 9,899 4,759 5,140 12,031 5,773 6,258 13,676 6,525 7,151 14,161 6,637 7,524 13,495 6,311 7,184 12,939 5,876 7,063 Thuraakunu 360 185 175 425 230 195 449 220 229 412 190 222 347 150 197 393 181 212 Uligamu 236 127 109 281 143 138 379 214 165 326 156 170 267 119 148 367 170 197 Berinmadhoo 103 52 51 108 45 63 146 84 62 124 55 69 0 0 0 - - - Hathifushi 141 73 68 176 89 87 199 100 99 150 74 76 101 53 48 - - - Mulhadhoo 205 107 98 250 134 116 303 151 152 264 112 152 172 84 88 220 102 118 Hoarafushi 1,650 814 836 1,995 984 1,011 2,098 1,005 1,093 2,221 1,044 1,177 2,204 1,051 1,153 1,726 814 912 Ihavandhoo 1,181 582 599 1,540 762 778 1,860 913 947 2,062 965 1,097 2,447 1,209 1,238 2,461 1,181 1,280 Kelaa 920 440 480 1,094 548 546 1,225 590 635 1,196 583 613 1,200 527 673 1,037 454 583 Vashafaru 365 186 179 410 181 229 477 205 272 -
School Statistics 2013
SCHOOL STATISTICS 2013 MINISTRY OF EDUCATION Republic of Maldives FOREWORD Ministry of Education takes pleasure of presenting School Statistics 2013, to provide policymakers, educational planners, administrators, researchers and other stakeholders with suitable and effective statistical information. This publication is an integral part of the Educational Management Information System (EMIS) which is an essential source for quantitative educational data which reflects the improvement in educational policies and educational development in Maldives. We have been carefully and continuously collecting, analyzing, revising and updating the qualitative and quantitative data to make it as interpretive as possible, to ensure accuracy and reliability. We thank all who have contributed by providing the requested data to complete and make this publication a success. We thank the schools for their part in providing the data, the bodies within Ministry of Education for their tireless and valuable contribution and commitment in the preparation of the book, and also, the Department of National Planning (DNP) for providing us with the data on population. We hope that School Statistics 2013 will fulfill its objective of providing essential information to the education sector. SCHOOL STATISTICS 2013 TABLE OF CONTENTS Pages Pages INTRODUCTION 1 SECTION 3: TEACHERS SECTION 1: ENROLMENT TRENDS & ANALYSIS Teachers by employment status by gender 46 Student enrolment 2001 to 2011 by provider 2 - 3 SECTION 4: STUDENT & POPULATION AT ISLAND LEVEL Transition rate -
Behind the Scenes
©Lonely Planet Publications Pty Ltd 179 Behind the Scenes SEND US YOUR FEEDBACK We love to hear from travellers – your comments keep us on our toes and help make our books better. Our well-travelled team reads every word on what you loved or loathed about this book. Although we cannot reply individually to your submissions, we always guarantee that your feedback goes straight to the appropriate authors, in time for the next edition. Each person who sends us information is thanked in the next edition – the most useful submissions are rewarded with a selection of digital PDF chapters. Visit lonelyplanet.com/contact to submit your updates and suggestions or to ask for help. Our award-winning website also features inspirational travel stories, news and discussions. Note: We may edit, reproduce and incorporate your comments in Lonely Planet products such as guidebooks, websites and digital products, so let us know if you don’t want your comments reproduced or your name acknowledged. For a copy of our privacy policy visit lonelyplanet.com/ privacy. OUR READERS ACKNOWLEDGMENTS Many thanks to the travellers who used the Climate map data adapted from Peel MC, Finlayson last edition and wrote to us with helpful BL & McMahon TA (2007) ‘Updated World Map of the hints, useful advice and interesting anec- Köppen-Geiger Climate Classification’, Hydrology and dotes: Earth System Sciences, 11, 163344. Barney Smith, Johann Schelesnak, Juan Miguel Mariatti, Kevin Callaghan Cover photograph: Hammock on tropical beach, Maldives; Sakis Papadopoulos, Corbis AUTHOR THANKS Tom Masters A huge thanks first of all to Moritz Estermann, who was my companion for much of my trip, and who provided excellent guidance on fine food and wine, was an expert with pillow menus and remained positive through some of the worst weather I’ve ever seen in Maldives. -
Cowry Shell Money and Monsoon Trade: the Maldives in Past Globalizations
Cowry Shell Money and Monsoon Trade: The Maldives in Past Globalizations Mirani Litster Thesis submitted for the degree of Doctor of Philosophy The Australian National University 2016 To the best of my knowledge the research presented in this thesis is my own except where the work of others has been acknowledged. This thesis has not previously been submitted in any form for any other degree at this or any other university. Mirani Litster -CONTENTS- Contents Abstract xv Acknowledgements xvi Chapter One — Introduction and Scope 1 1.1 Introduction 1 1.2 An Early Global Commodity: Cowry Shell Money 4 1.2.1 Extraction in the Maldives 6 1.2.2 China 8 1.2.3 India 9 1.2.4 Mainland Southeast Asia 9 1.2.5 West and East Africa 10 1.3 Previous Perspectives and Frameworks: The Indian Ocean 11 and Early Globalization 1.4 Research Aims 13 1.5 Research Background and Methodology 15 1.6 Thesis Structure 16 Chapter Two — Past Globalizations: Defining Concepts and 18 Theories 2.1 Introduction 18 2.2 Defining Globalization 19 2.3 Theories of Globalization 21 2.3.1 World Systems Theory 21 2.3.2 Theories of Global Capitalism 24 2.3.3 The Network Society 25 2.3.4 Transnationality and Transnationalism 26 2.3.5 Cultural Theories of Globalization 26 2.4 Past Globalizations and Archaeology 27 2.4.1 Globalization in the Past: Varied Approaches 28 i -CONTENTS- 2.4.2 Identifying Past Globalizations in the Archaeological 30 Record 2.5 Summary 32 Chapter Three — Periods of Indian Ocean Interaction 33 3.1 Introduction 33 3.2 Defining the Physical Parameters 34 3.2.1 -
Adaptive Capacity for Climate Change in Maldivian Rural Communities
Adaptive Capacity for Climate Change in Maldivian Rural Communities Ibrahim Mohamed, David King and Alison Cottrell Abstract The research presented in this paper studied the functional linkages between risk and adaptation appraisal and the psychosocial discourse variables that influence the outcomes for adaptive capacity of island communities to the impact of climate change. Qualitative data was gathered from focus group discussions and semi-structured interviews in five, purposively selected communities of the Maldives, from June to December 2015. The findings showed that risk appraisal was enhanced by direct experiences encountered and social construction of climate change. We found that a negative appraisal of adaptation arises due to lack of resources, fatalism and wishful thinking. While objective adaptive capacity was low, a higher subjective adaptive capacity was observed. The results also showed that people’s ecological knowledge of the reef-island systems depended on their livelihood practices, and that changes to modern livelihood practices can lead to loss of deep ecological knowledge and lead to dependency on external data only for adaptation. The findings add to the research on importance of meanings, ideas, behaviours and values of people, and the agency of such variables for positive appraisal of risks and adaptation. Keywords: adaptive capacity, risk appraisal, adaptation appraisal, climate change The Author 1. Ibrahim Mohamed, Environmental Protection Agency of the Maldives, Email: [email protected] 2. David King, College of Science and Engineering, James Cook University, Townsville, QLD 481, Australia 3. Alison Cottrel, Centre for Disaster Studies, James Cook University, Townsville, QLD 4811, Australia International Journal of Social Research and Innovation | Volume 4, Issue 1 - October 2020 1. -
Island Scoping Study of Islands Announced for Bidding 2021
Island Scoping Study of Islands Announced for Bidding 2021 Islands Included: 1. Alidhuffarufinolhu, Haa Alif 2. Seedhihuraa / Seedhihuraa Veligan’du, Meemu 3. Olhufushi / Olhufushifinolhu, Thaa 4. Kaaddoo, Thaa 5. Kanimeedhoo, Thaa 6. Bodu Mun’gnafushi, Laamu 7. Kashidhoo, Laamu 8. Funadhooviligilla, Gaaf Alif 9. Maarehaa, Gaaf Alif 10. Fereytha Viligilla, Koderataa, Gaaf Dhaalu 11. Kan’dahalagalaa, Gaaf Dhaalu Island Scoping Study for Resort Development Volume II 4 Alidhuffarufinolhu, Haa Alif 4.1 Island Profile Alidhuffarufinolhu is a sand bank located on the eastern rim of Haa Alif Atoll, facing Gallandhoo . The sand bank is located at approximately 73° 6' 12.406" E, 6° 51' 41.501" N. Table below summarises information about Alidhuffarufinolhu. Table 4.1: Summary of basic information about Alidhuffarufinolhu Island Island Name Alidhuffarufinolhu Location 73° 6' 12.406" E, 6° 51' 41.501" N Island Area Within Vegetation Line - Within Low Tide Line 2.13 Ha Est. Mean tide (sq. m) 1.60 Ha Reef Area Overall area 423.87 Ha Within shallow reef 421.74 Ha Length ~ 380 m Width at the widest point ~ 82 m Distance to Malé International Airport ~ 299.20 km Distance to nearest domestic Airport ~ 14.00 km Distance to nearest resort ~ 5.70 km from Hideaway Beach & Spa Page|50 Island Scoping Study for Resort Development Volume II 4.2 Terrestrial Environment The following table summarizes key findings from the rapid assessment of the terrestrial environment associated with Alidhuffarufinolhu sandbank on 13th September 2013. Table 4.2: Terrestrial environment of Alidhuffarufinolhu Parameter Description Air Quality - Overall ambient air quality on the sandbank was good. -
Maldives Brochure
MALDIVES SPECIALIST COLLECTION SPECIALIST OVER 40 YEARS OF TRUSTED TRAVEL EXPERIENCE EXPLORE DISCOVER EXPERIENCE World class Underwater beauty, An oasis of resorts crystal clear lagoons & intimate www.thompsons.co.za snowy white beaches islands THIS WAY TO PARADISE WHY MALDIVES WITH THOMPSONS? Discover the sunny side of life, all year round in an unspoiled paradise of magical islands scattered like tiny white pearls in the Indian Ocean. Each island is encircled by their own reef housing spectacular underwater life. Indulge yourself in the endless water- based adventure sport activities, island excursions or picnics on sandbanks and much more. Every encounter is an opportunity to discover paradise and what better way than with Thompsons, who can create innovative tailor-made holidays for your specific budget and requirements. #letsbepersonal and say, ‘Pack your bags and experience the colourful side of life’. TRAVEL WITH CONFIDENCE WITH A GLOBAL COMPANY With 40 years of trusted travel experience you will receive expert advice. No request too large, no detail too small. Thompsons Holidays, a division of Cullinan Holdings Group ICON INDEX and a member of THE TRAVEL CORPORATION, a fourth generation family owned group. FAMILY PLAYTIME Our financial stability is the key to a relaxed holiday. UNRIVALLED VALUE FOR MONEY GOLF ON TRIED AND TESTED HOLIDAYS As the largest South African tour operator our greater buying power means you get the best deal on your holiday, unrivalled value for money SPA and unexpected bonus offers. WE ARE WITH YOU 24/7 With you all the way – our care line is HONEYMOON / COUPLES your friend in an emergency. -
Climate Risk Country Profile: Maldives (2021): the World Bank Group and the Asian Development Bank
CLIMATE RISK COUNTRY PROFILE MALDIVES COPYRIGHT © 2021 by the World Bank Group 1818 H Street NW, Washington, DC 20433 Telephone: 202-473-1000; Internet: www.worldbank.org © Asian Development Bank 6 ADB Avenue, Mandaluyong City, 1550 Metro Manila, Philippines Tel +63 2 8632 4444; Fax +63 2 8636 2444 www.adb.org This work is a product of the staff of the World Bank Group (WBG) and the Asian Development Bank (ADB) and with external contributions. The opinions, findings, interpretations, and conclusions expressed in this work are those of the authors’ and do not necessarily reflect the views or the official policy or position of the WBG, its Board of Executive Directors, or the governments it represents or of ADB, its Board of Governors, or the governments they represent. The WBG and ADB do not guarantee the accuracy of the data included in this work and do not make any warranty, express or implied, nor assume any liability or responsibility for any consequence of their use. This publication follows the WBG’s practice in references to member designations, borders, and maps. The boundaries, colors, denominations, and other information shown on any map in this work, or the use of the term “country” do not imply any judgment on the part of the WBG or ADB, their respective Boards, or the governments they represent, concerning the legal status of any territory or geographic area or the endorsement or acceptance of such boundaries. The mention of any specific companies or products of manufacturers does not imply that they are endorsed or recommended by either the WBG or ADB in preference to others of a similar nature that are not mentioned. -
Protected Areas Distribution
73°0'0"E 74°0'0"E 73°0'0"E 74°0'0"E 73°0'0"E 74°0'0"E Northern Maldives Central Maldives Rasfari beyru Huraa Mangrove Area Southern Maldives Laamu Atoll Rasdhoo Madivaru Girifushi Thila Banana Reef Nassimo Thila 7°0'0"N 7°0'0"N Kuda Haa Lions Head Hans Hass Place; HP Reef Haa Alifu Atoll Mayaa Thila &% Kari beyru Thila Baarah Kulhi Emboodhoo Alifu Alifu Atoll Kanduolhi Orimas Thila 4°0'0"N Kaafu Atoll 4°0'0"N Haa Dhaalu Atoll Fish Head Guraidhoo &% Kanduolhi &% Keylakunu Neykurendhoo Mangrove Hurasdhoo Alifu Dhaalu Atoll 1°0'0"N 1°0'0"N Kudarah Thila Hithaadhoo Rangali Kandu Dhevana Kandu Shaviyani Atoll &% Farukolhu South Ari Atoll MPA Vaavu Atoll Filitheyo Kandu Gaafu Alifu Atoll Vattaru Kandu 6°0'0"N 6°0'0"N Faafu Atoll Noonu Atoll Gaafu Dhaalu Atoll Fushee Kandu Meemu Atoll 3°0'0"N Hakuraa Thila 3°0'0"N Kuredu Express Dhigulaabadhoo Raa Atoll &% Dhaalu Atoll &% Fushivaru Thila 0°0'0" 0°0'0" &% Bathala Region Anemone City &% Lhaviyani Atoll Mendhoo Region Angafaru Thoondi Area Dhandimagu Kilhi &% Maahuruvalhi &% &% &% &% Hanifaru Bandaara Kilhi Thaa Atoll Gnaviyani Atoll Baa Atoll Dhigali Haa &% 5°0'0"N Olhugiri 5°0'0"N Kan'di hera The Wreck of Corbin&% &% Hithadhoo Protected Area Goidhoo Koaru &% Seenu Atoll Mathifaru Huraa British Loyalty 2°0'0"N 2°0'0"N Laamu Atoll Makunudhoo channel &% Kaafu Atoll ¶ Rasfari beyru&% Huraa Mangrove Area 1°0'0"S 1°0'0"S &% Rasdhoo Madivaru &% Girifushi Thila &% Protected Areas &% Nassimo Thila &% Legend Kuda Haa &%Male' CityBanana Reef Kari beyru Thila &% &% Distribution Map Mayaa Thila Lions Head Hans Hass Place Protected Areas 2019 (Total 50 sites) 0 25 50 100 Km &% &% &% Sources: EPA 2019 Alifu Alifu Atoll Emboodhoo Islands Kanduolhi Map version Date: 30/06/2019 &% Orimas Thila Projection: Transverse Mercator (UTM Zone 43 N); 4°0'0"N &% 4°0'0"N Reefs Prepared by: Ministry of Environment, Maldives Fish Head &%Guraidhoo Kanduolhi Horizontal Datum: WGS84; 73°0'0"E 74°0'0"E 73°0'0"E 74°0'0"E 73°0'0"E 74°0'0"E.