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MACL Distributes MVR 25,000 Annual Bonus to Staff

Maldives Airports Company Limited (MACL), the operator of Velana International Airport, has paid its employees an annual bonus of MVR 25,000, marking the fourth consecutive year the company has mad...

Mohamed Hilmy

02 October 2025, 00:00

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MACL Distributes MVR 25,000 Annual Bonus to Staff

Maldives Airports Company Limited (MACL), the operator of Velana International Airport, has paid its employees an annual bonus of MVR 25,000, marking the fourth consecutive year the company has made such a payout.

Several employees confirmed on Wednesday that the bonus had been deposited into their accounts. The payout, which began in 2022, has become a yearly practice by the state-owned company. Last year, the bonus was issued in September.

With a workforce of more than 4,200, the total cost of this year’s bonus payments exceeds MVR 105 million. The payment underscores MACL’s ability to distribute significant employee benefits despite its financial commitments.

According to the Auditor General’s Office, MACL recorded a net profit of MVR 1 billion last year. However, the company also borrowed USD 80 million (approximately MVR 1.2 billion) to support government financing, raising questions about how such large-scale bonus payments align with its broader fiscal responsibilities.

MACL remains one of the country’s most profitable state-owned enterprises, managing the Maldives’ main international gateway while continuing major airport expansion and infrastructure development projects.

 

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