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The World Bank Group engages FJS to provide logistical support to conduct its Country Opinion Survey in the Maldives.

The World Bank Group engages FJS to provide logistical support to conduct its Country Opinion Survey in the Maldives. The primary purpose of this Survey is to enable the World Bank to obtain systematic feedback from key stakeholders in the Country, to help enhance its responsiveness and to help improve its capacity to achieve results. […]

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The World Bank Group engages FJS to provide logistical support to conduct its Country Opinion Survey in the Maldives.

The World Bank Group engages FJS to provide logistical support to conduct its Country Opinion Survey in the Maldives. The primary purpose of this Survey is to enable the World Bank to obtain systematic feedback from key stakeholders in the Country, to help enhance its responsiveness and to help improve its capacity to achieve results. […]

FJS concludes tax review engagement carried out for Atmosphere Group of Hotels and Resorts

FJS concludes tax review engagement carried out for Atmosphere Group of Hotels and Resorts. This engagement covered the corporate office of the group, and the resorts operated and managed by the group. Namely, Ozen by Atmophere at Maadhoo, Oblu by Atmosphere at Helengeli, Oblu Select by Atmosphere at Sangeli and Kanifushi Island Resort in the […]

FJS signs a contract with Ministry of Finance to carry out a valuation of Addu International Airport Private Limited

FJS signs a contract with Ministry of Finance to carry out a valuation to determine a fair market value of Addu International Airport Private Limited on 10th January 2021. Addu International Airport, previously known as Gan International Airport was used as a domestic airport. Recently the airport was upgraded to international standards in preparation for international […]

FJS concludes valuation of assets owned by Fenaka Corporation Ltd

FJS concludes valuation of all the assets owned by Fenaka Corporation Ltd on 5th January 2021. The contract signed with Ministry of Environment to value the assets of Fenaka Corporation Ltd, under a project funded by Asian Development Bank (ADB). FJS along with our associate valuers, Kanthi Karamsey & Co successfully completed the valuation of […]

FJS concludes CG review of MIFCO

STO Plc engages FJS to conduct a corporate governance review of its subsidiary, Maldives Industrial Fisheries Company Ltd (MIFCO). This review includes evaluating the processes and structures implemented by the Board, assessing and making recommendation for improving governance process, evaluating the application of Corporate Governance Code of Maldives at MIFCO and the application of STO’s […]

FJS concludes organizational structure review of Maldives Sports Corporation Limited (MSCL).

FJS concludes organizational structure review of Maldives Sports Corporation Limited (MSCL). The primary purpose of the engagement was to recommend changes to the organizational structure to better streamline with the purpose and objectives of the Company.

Nielsen LLC engages FJS to implement a Survey.

Nielsen LLC engages FJS to implement a nationally representative survey on perception of different social economic segments in the Maldives.

UNRCO signs contract with FJS to develop an eLearning Platform for Civil Society Organizations (CSOs) on Sustainable Development Goals (SDGs) in the Maldives

A contract was signed between the UNRCO and FJS to develop an eLearning Platform for Civil Society Organizations (CSOs) on Sustainable Development Goals (SDGs) in the Maldives. The objective of the project is to design a self-paced and interactive online course with modules on all SDGs catered to the local context and relevant to civil […]

The Ministry of Finance engages FJS to develop a principle-based harmonized procurement policy for State-Owned Enterprises (SOEs).

The Ministry of Finance, Maldives engages FJS to develop a principle-based harmonized procurement policy for State-Owned Enterprises that is within the parameters set in the public finance regulations, to help the SOEs to procure goods and services in a more competitive, transparent and cost-effective manner. The project involves conducting an analysis of procurement of goods, […]

FJS becomes local partner for USAID funded PFM project in Maldives

FJS has partnered with DAI Global, as a key local partner on USAID 5-year Public Finance Management (PFM) Maldives Activity. The purpose of this activity is to improve the quality, efficiency and transparency of managing government budget processes and public investments. PFM will provide technical assistance to the Ministry of Finance, the Ministry of National […]

FJS has been appointed as the external auditors of Life Support Pvt. Ltd. for the year ended 31st December 2020

FJS has been appointed as the external auditors of Life Support Pvt. Ltd. for year ended 31st December 2020 in its Board of Directors’ meeting held on 26th December 2020. Life Support is a limited liability company incorporated in the Republic of Maldives on 2nd March 2012. The main objective of Life Support Pvt. Ltd. […]

FJS has been appointed as the financial auditors of Maldives Olympic Committee for the years ended 2019, 2020 and for the period from 01st January 2021 to 30th June 2021.

FJS has been appointed as the financial auditor of Maldives Olympic Committee for the years ended 31st December 2019, 2020 and for the interim period ended 30th June 2021 in their Annual General Assembly held on 26th December 2020. Maldives Olympic Committee is an independent body formed under the Maldivian Constitution under the law No. […]

Appointment as external auditors of Heavy Force Pvt. Ltd. for the year ended 2020

FJS has been appointed as the external auditors of Heavy Force Pvt. Ltd. for conducting financial audit for the year ended 31st December 2020 in its Board of Directors’ meeting held on 20th December 2020. Heavy Force is a marine and offshore construction company established in the Republic of Maldives during the year 2005, executing […]

FJS remains as the internal auditor of the Maldives Clean Environment Project till 31st December 2022

FJS has signed the first addendum to the contract signed with the Ministry of Environment on 24th September 2018 upon appointment of FJS as the internal auditor for the Maldives Clean Environment Project. FJS was initially appointed as the internal auditor of the Maldives Clean Environment Project for the period 1st January 2018 to 31st […]

Appointment as internal auditors of SDFC for the period ending 1st October 2019 to 30th September 2020

FJS has been appointed as the internal auditor of SDFC for the period ending 1st October 2019 to 30th September 2020. FJS is mandated to prepare a 3-year rolling plan for the internal audit function, and to carryout internal audit for the period ending 1st October 2019 to 30th September 2020. SDFC is a specialized […]

FJS undertakes the accounting function of Salon Femina for the year ending 2019

FJS continues to provide accounting function to its long-associated client, Salon Femina. Salon Femina is a sole proprietorship operated in the Maldives, providing beauty and hair treatments exclusively for women. FJS has been providing accounting services to Salon Femina from the year 2014 onwards. Accounting services provided to the client includes data entry, bank reconciliations, […]

FJS to assist formation of first SME Bank in Maldives

FJS concludes developing the 5-year business plan and corporate policies for the establishment of SME Development Finance Corporation (SDFC), the SME Bank of Maldives fully owned by the Government of Maldives. The project was spearheaded by the Ministry of Economic Development with the aim of easing access to finance for SMEs and entrepreneurial start-ups with […]

Public and Social Sectors; Banking and Finance; Climate Change, Environment & Sustainable Development

FJS concludes the Systematic Country Diagnostic (SCD) consultation for the World Bank Group in Maldives. The SCD is an evidence-based study which intends to inform the policy debate in Maldives and serve as an input to the World Bank Group’s program of engagement with the Government of Maldives. A number of focus group discussions were […]

FJS concludes valuation of land owned by Central Bank of Maldives, Maldives Monetary Authority (MMA)

FJS concludes valuation of land owned by MMA to assess the Fair Value, in accordance with International Financial Reporting Standards (IFRS). The purpose of the valuation is to present a true and fair value of the freehold land of MMA in the Financial Statements. The Valuation exercise was carried out by our associate valuers, Kanti […]

Summary of Income Tax Bill 2019

FJS takes a look at the newly proposed Income Tax Bill by the Government of Republic of Maldives before People’s Majlis on 14th October 2019. Through the Bill, the Government aims to enhance and combine the current taxes levied of Business Profit Tax (BPT), Bank Profit Tax, Remittance Tax, Land Sales Tax and Petroleum Tax. […]

Appointment as external auditors of the Sanitation in Five Islands Project for the years ended 2016, 2017, 2018 and 2019

FJS has been appointed as the external auditors of the Sanitation Project in 5 Islands for the years ended 31st December 2016, 2017, 2018 and 2019. The contract was signed between FJS Associates and the Ministry of National Planning, Housing and Infrastructure on 14th November 2019. The Project amounting to total USD 18 million is […]

FJS concludes revaluation of three landing crafts owned by Male’ Water and Sewerage Company Pvt Ltd (MWSC)

FJS concludes revaluation of three landing crafts owned and operated by MWSC. FJS concludes the revaluation of three landing crafts owned by MWSC for various works, including transporting materials to their work sites and fueling project sites and Hulhumale’ bottling factory.

FJS concludes the financial and compliance audit of forty-one island and atoll councils

FJS concludes the financial and compliance audit of forty-one island council secretariats, which includes seven atoll councils, for the financial year 2016. Awarded on 5th November 2017 by the Auditor General of the Republic of Maldives, this is first time the Auditor General has outsourced and appointed Contract Auditors to perform audit of island and […]

FJS engaged to undertake a Management Audit of a 300+ bed 4.5-star resort in Maldives

The Project involved appraising the efficiency and effectiveness of the business focusing on financial performance, operational performance, organizational structure, financial management and marketing operation. Following the appraisal, FJS proposed ways for improvement in these areas.

FJS undertakes the accounting review of Morteza Capital Limited for the year ending 2019

FJS is pleased to continue accounting review to its long-associated client, Morteza Capital Limited. Morteza specializes in opportunistic hospitality and leisure investments in some of the world’s most exotic destinations. Morteza’s current focus is on resort investment in Maldives islands. Accounting services provided to the client includes data entry, bank reconciliations, preparation of monthly income […]

Nielsen UAE engages FJS to conduct nationwide survey

FJS signs a contract with Nielsen UAE to implement a nationally representative survey on the use of information telecommunication technology in the Maldives. The Survey is conducted via Computer Assisted Personal Interviewing (CAPI).

Appointment as internal auditors of Allied Insurance Company of the Maldives Pvt Ltd for the year ending 2018

FJS has been appointed as the internal auditor of Allied Insurance Company of the Maldives Pvt Ltd for the year ending 2018. FJS was appointed as the internal auditor of Allied Insurance Company for the year ending 2018, by the Board of Directors of the Company on 13th June 2018. The engagement letter was signed […]

Appointment of FJS as the internal auditor of Silver Sands Pvt Ltd for the year ended 2018

FJS has been appointed as the internal auditor of Silver Sands Pvt Ltd for the year ended 2018, on a quarterly basis. The letter of engagement was signed between both parties on 10th February 2018. Silver Sands Pvt Ltd is a business established in the Maldives during the year 2000. Silver Sands Pvt Ltd operates […]

Palm Beach Resort & Spa engages FJS as a Financial Advisor.

Palm Beach Resort & Spa, a mid-range resort in the Maldives, engages FJS as a Financial Advisor to review the overall management of the resort’s financial/accounting information. This includes assisting with the introduction of accounting and inventory management systems and hotel management systems, recruiting and training staff as well as reviewing current procedures for tax-related […]

FJS develops the National SME Strategy and Action Plan for the Maldives

FJS concludes developing the National SME Strategy and Action Plan for the Maldives. The project was led by the Ministry of Economic Development with support from UNDP. As part of the project, FJS held individual consultation meetings and strategy development workshops with relevant stakeholders including government agencies, education and training providers, trade associations, members of […]

Evaluation of the implementation of the Enhanced Integrated Framework (EIF) program in the Maldives.

FJS was assigned to undertake an independent evaluation of the implementation of the Enhanced Integrated Framework (EIF) program in the Maldives by the Ministry of Economic Development. The aim of EIF programme is to support trade sector development in Maldives by building technical and institutional capacity of trade related agencies, strengthening resource mobilisation and mainstreaming […]

FJS assist MACL to enhance its procurement policy and procedures

FJS was engaged by the Maldives Airports Company Limited (MACL) to develop a company procurement manual. MACL is a 100% government owned limited liability company which operates the busiest international airport in Maldives. As part of the project, FJS created a detailed policy manual clearly defining authority, and responsibility, and sets guidelines for the company […]

FJS concludes policy review of STO Plc

The State Trading Organization Plc (STO Plc) engaged FJS as a policy consultant to review all the company’s policies and procedures. FJS reviewed all policies and procedures in all areas of operation, including accounting and financing, recruitment, human resources, IT and marketing. A comprehensive review was conducted with gaps identified in the current policy structure. […]

FJS engaged to facilitate Strategic Planning process for SHE

FJS concludes developing the 5-year Strategic Plan for Society for Health Education (SHE). The project included creation of a strategic planning methodology and timeline, the collection and analysis of all relevant contextual information through documents review and interviews, and the development of a strategic structure involving various stakeholders such as volunteers and staff of SHE, […]

FJS conducts the first ever study on domestic tourism in the Maldives.

FJS conducted the first ever study on domestic tourism in the Maldives, commissioned by the Ministry of Tourism. The aim of the study was to understand the domestic tourism landscape in the Maldives and to compile a Maldives Tourism Satellite Account as a means of evaluating and analyzing in depth the effect of tourism on […]

FJS conducts income generation training program for local councils

The Local Government Authority (LGA) engaged FJS to establish an income generation training program for local councils. A total of 8 modules with a detailed syllabus, trainers guide and session guide, slideshows, student handbooks were developed, with a pilot training conducted to local councilors/LGA training team. These 8 modules were: Avenues for revenue generation Assessment […]

Institutional consultancy to establish a training policy for the Civil Service Commission (CSC) of the Maldives

FJS provided institutional consultancy to establish a training policy for the Civil Service Commission (CSC) of the Maldives to facilitate the systematic training and development of all civil servants of the Country. The training policy was developed through extensive consultations with stakeholder groups, including all relevant government ministries, departments and agencies. Following a validation workshop […]

Market review of passenger vehicles and light commercial vehicles in the Maldives.

FJS conducted a market review of passenger vehicles and light commercial vehicles in the Maldives. The review was conducted based on secondary and primary data sources including in-depth interviews with industry participants and government agencies.

FJS conducts training and mentoring for business development skills for home-based workers

FJS conducted a consultancy and training on business development skills for home-based workers in the outer regions of the Maldives, as part of the efforts to SABAH project. SABAH is a cooperative society for home-based workers established by the Ministry of Economic Development with financial assistance from SAARC Development Fund. FJS undertook a market survey […]

Evaluation of the efficiency and effectiveness of trade services provided by the Ministry of Economic Development.

FJS carried out an evaluation of the efficiency and effectiveness of trade services provided by the Ministry of Economic Development (MED) and developed Standard Operating Procedures (SOPs) and Key Performance Indicators (KPIs). SOPs were developed for over 70 services provided by MED and an interactive user manual for trade service staff, an easy-to-use guide and […]

FJS develops an interactive online training program for NGOs

FJS concludes developing an interactive self-paced online training program on NGO management. 10 web-based multimedia modules and training materials on NGO management and civil society development, youth engagement, and women’s empowerment, were developed. Prior to developing the modules, existing training resources available on youth development, women’s empowerment and civil society development were mapped as well […]

FJS conducts a review of the Youth Leadership Programme

FJS reviewed the youth leadership programme (YLP) – a programme organized by a Maldivian NGO in collaboration with the Institute of Governance and Democracy. FJS developed a concept note and methodology on the evaluation process, conducted desk reviews and consultations with the organizers, partners, participants and other stakeholders of the YLP, and prepared a cumulative […]

Mid-term Review of United Nations Development Assistance Framework (UNDAF)

FJS seconded a National Consultant in undertaking UNDAF Mid-term Review. In the Maldives, UN Agencies implement a 5-year joint UNDAF for Maldives signed between the Government of Maldives and resident and non-resident UN Agencies. The mid-term review is conducted halfway through UNDAF cycle in order to review the changing circumstances and UNDAF’s progress and realign […]

FJS undertakes a comprehensive review of Maldives tourism related legal framework

FJS Consulting was engaged by UNDP Maldives to review the existing Maldives Tourism Act and draft a new tourism act following recommendations of the review. As part of the project, FJS reviewed and analyzed secondary data which included tourism policies, legislation that affects the tourism sector as well as conducted interviews with various stakeholders including […]

Curriculum and Content Development for a Certificate Level 1 Program in Local Governance

FJS developed a curriculum and content for a certificate 1 level program in Local Governance including detailed training materials for 10 modules of the course, for Local Government Authority (LGA). The project was supported by UNDP Maldives. The 10 modules developed were: Good Governance Decentralisation and Local Governance Planning and Development Economic Sustainability in Service […]

FJS engaged to implement an integrated ICT system for provision and collection of RTI data

A Consultant from FJS was engaged by UNDP Maldives/Transparency Maldives to implement an integrated ICT system for provision and collection of Right-To-Information (RTI) data, to facilitate and improve access to RTI related information and to assess the effectiveness of the RTI regime. The Consultant designed, developed and implemented a website with user friendly Content Management […]

National Socio-economic and Political Opinion Survey

FJS conducted a nationally representative opinion survey covering areas on media preferences, livelihood issues, security issues such as violence and terrorism and opinions of different countries. The face-to-face survey covered 1,600 respondents spread over 70 islands. FJS recruited and trained 30 enumerators to conduct this Survey. The final deliverables of the project were detailed sampling […]

FJS concludes the formulation of a human resource data collection framework for the tourism sector.

FJS concludes the formulation of a human resource data collection framework for the tourism sector. FJS conducted a situational analysis on existing data collection methods (identifying the limitations of existing data collection methods; reviewing of the supporting regulatory structure for data and statistics collection) and developed a comprehensive data collection framework for human resources data […]

FJS concludes the impact assessment of the SME Loan Scheme

FJS concludes the impact assessment of the Small and Medium Enterprises Loan Scheme initiated by the Maldives Government. The scheme was implemented by the Ministry of Economic Development in collaboration with Bank of Maldives. The impact assessment included evaluation on dimensions of effectiveness, relevance, efficiency and sustainability of the SME loan scheme, and provided recommendations […]

UNDP Maldives appoints FJS as local consultant to develop a fiscal formula for fiscal decentralisation process in the Maldives

UNDP appoints FJS as local consultant to develop a fiscal formula for fiscal decentralisation process in the Maldives. A study, for the Local Government Authority (LGA) and the Ministry of Finance, in association with Integrated Governance Programme supported by UNDP, commissioned to identify possible options for an allocation formula to provide island councils with financial […]

FJS develops concept note for the establishment of an agriculture information dissemination center

FJS concludes the development of a detailed concept note for establishing the Agricultural Information Dissemination Centre (AIDC) for effective and efficient dissemination of agricultural information to the farming community that lives across the 200 inhabited islands of Maldives. An operation manual identifying requirements of the staff managing the AIDC was also developed as part of […]

Comprehensive Study of The Maldivian Civil Society

This report presents the findings and recommendations of a comprehensive study of the civil society sector conducted during April – July 2011. The study was intended to describe the nature of the civil society sector in the Maldives, identify cross-cutting issues faced by Non-Governmental Organizations (NGOs) in the Maldives and to highlight gaps and areas […]

FJS undertakes nationwide survey on corruption.

FJS implemented a nationwide telephone survey on public opinion on corruption covering a nationally representative sample size. The project included detailed sampling design, translation and back-translation of the questionnaire, pre-test report, final field version of the questionnaire, ASCII and SPSS format data, codebook and methodological report.

FJS conducts business management training and consultancy for cooperative societies

FJS carried out a cooperative business management training and consultancy project for a newly established cooperative society in Addu Atoll supported by Business Development Service Centre. The project included development of a business plan, product design, branding and positioning and food safety standards and processes and the provision of on-the-spot training and mentoring for the […]

FJS develops interactive online training program on entrepreneurship and business skills

FJS developed an interactive online training program on entrepreneurship and business skills in Dhivehi for Business Development Service Centres (BDSC). The interactive self-learning online training program targeted MSMEs and business start-ups and featured training manual, multi-media content including audio-visual presentations and animations, downloadable written content and various business tools that can be used by MSMEs.

UNDP Maldives engaged FJS to conduct an economic policy analysis and discussion forum.

UNDP Maldives engaged FJS to conduct an economic policy analysis and discussion forum. The aim of this forum was to educate the general public about economic development problems. The project included the creation, management and presentation of a series of forums for discussion on economic issues which was broadcasted on MNBC, the national television of […]

Baseline Study on Corporate Social Responsibility Practices in Maldives.

The study presents the level of CSR engagement among the business community and non-corporate stakeholders of CSR promotion in the Maldives and provides recommendations for a CSR policy framework for the Maldives. The study was commissioned by the Ministry of Economic Development (MED) and the Maldives National Chamber for Commerce and Industry (MNCCI) with support […]

FJS assists MED to develop an induction training program for its staff

FJS conducted an induction training program for the Ministry of Economic Development. The main objectives of the consultancy service were to provide advice and recommendations on ways and means to strengthen Ministry’s in-house institutional mechanisms to continuously provide reliable and quality customer services to the public, in particular to the business community, and to upgrade, […]

FJS conducts business management and entrepreneurship training for argi-business SMEs

FJS concludes business management and entrepreneurship training for SMEs engaged in farming. The main objectives of the training were to develop business acumen and entrepreneurial attitude among farmers and introduce business development and management skills that are essential for a successful farming business. The training project covered 9 islands in the Maldives, which are HA. […]