Dhiraagu Records Profit after tax of MVR 209 Million Within the Second Quarter of...

Dhiraagu, the largest telecommunication company in Maldives have announced that they have recorded MVR 209 Million as Profit-after-tax. Financial reports published by Dhiraagu revealed that...

MTCC Announces Revenue of MVR 24.6 Million Within the Second Quarter of this Year

Maldives Transport and Contracting Company (MTCC) has announced that they have earned revenue of MVR 24.6 Million within the second quarter of this year....

Maldivians travelling to Sri Lanka has Dropped This Year Compared to Last Year

Statistics of June month have revealed that the number of Maldivians travelling to Sri Lanka has dropped. Sri Lanka is one of the top...

Both the Imports and Exports Have Increased Last Month: Maldives Customs Service

  According to the statistics revealed by Maldives Customs Services, The CIF value of goods imported on this year’s June Month has increased by 7%...

India Renews Export of Staple Food Quota to Maldives

India has renewed the quota of exporting onion and potato to Maldives for one year. This news was published in Indian media after receiving...

Deadline Extended for Filing BPT Return

Maldives Inland Revenue Authority (MIRA) has extended the period for the submission of last year’s Business Profit Tax (BPT) Return and reports to 16th...

STO to Reduce the Price of Petrol and Diesel

State Trading Organization Plc (STO) has reduced the price of petrol and diesel. 1-liter of diesel which was being sold for MVR 8.95 has been...

Massive Increase in the Revenue Generated from Tourism Land Rent

It has been revealed by Maldives Inland Revenue Authority (MIRA) that the revenue generated from tourism land rent has increased tremendously. Statistics issued by MIRA...

THE MALDIVIAN ECONOMY IN 2016: AVIATION SECTOR

By: Shifneen Rasheed & Daha Shuaib Regardless of the ups and down in the economy, the aviation sector managed to achieve several developmental targets in...

THE MALDIVIAN ECONOMY IN 2016: HEALTH SECTOR

Health is a basic right to every citizen in the Maldives. Health services in the Maldives are delivered through primary health care. Most people...
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Investment program is on track – BML CEO

Following a year in which Bank of Maldives recorded its best ever financial performance, CEO Andrew Healy has emphasized that the Bank is keeping...

Bank of Maldives shareholders to receive record dividend

Bank of Maldives has confirmed that its shareholders will receive a record dividend for the fourth consecutive year. Shareholders voted to approve the proposed...

Thailand’s Minor Hotels Group Signs First Avani Resort in Maldives

AVANI Hotels & Resorts has announce the development of its first resort in the Maldives. AVANI Fares Maldives Resort will be located on Fares...