Dhigufaru Island Resort to open in August

Dhigufaru Island Resort in Baa Atoll has been set to open on August 15th. This will be the second opening this year after "Finolhu"...

Land reclamation for airport’s new runway begins

President Abdulla Yameen Abdul Gayoom on Monday inaugurated the land reclamation work of Ibrahim Nasir International Airport (INIA) expansion project. The project, which is set...

Inaugural Islamic Finance Forum of South Asia on 26-27 July

The Inaugural Islamic Finance Forum of South Asia (IFFSA) will be held on 26 and 27 July at the Ramada, Colombo. Luminaries in the...

Commercial Bank of Maldives to commence banking operations in last quarter

Tree Top Investments have announced the opening of Commercial Bank of Maldives (CBM). Commercial bank of Maldives is set out to enhance and improve the...

Amana Takaful Life announces IPO of LKR 75Mn

Amana Takaful Life Limited (ATLL), a fully-owned subsidiary of Amana Takaful PLC, has announced an Initial Public Offering (IPO), via an Offer for Sale...

CDL Hospitality Trusts’ Maldives assets to continue floundering: analysts

CDL Hospitality Trusts will continue to be plagued by weak performance from its Maldives assets, on back of persistent forex losses and soft demand. According...

BML first half Net Profit up 152% to 570 million rufiyya

Bank of Maldives’ financial performance has continued its positive trajectory with first half Profit After Tax up 152% on the same period last year...

Corporate Resident Maldives – Privileged Services for Foreign Investors

The Corporate Resident Maldives, a special investor scheme, introduced by the Government of Maldives, to recognize the contribution of foreign investors and their investments...

Sri Lanka’s Hayleys buys Maldivian resort “Kudarah” for US$23mn

Sri Lanka’s Hayleys PLC has acquired a Maldivian resort named Kudarah Island Resort through their subsidiary Luxury Resort private limited for 23 million US...

Singapore firm to develop second resort in Thaa atoll

Island Aviation Services (IAS) awarded the project to develop a tourist resort in the island of Ruhthibirah in Thaa atoll to a Singapore firm,...
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13 Things You Should Give Up If You Want To Be Successful

Founder of Zero to Skill, Mr Zdravko Cvijetic believes that to become successful and be the person you can be, you need to give up...

SSS Insurance Services assigned as official motor insurance partner for Kulee Bike

Kulee Bike has signed a MoU with SSS Insurance Services as official motor insurance partners. The signing took place in a ceremony held at...

Sun Online signs as media partner for Maldives Living Expo 2018

Sun Online signs as the media partner for the 6th edition of Maldives Living Expo, which is organized by HighRise. Living Expo 2018 is to...