STO to organize projects to ensure food security in Maldives

State Trading Organization has planned to initiate numerous programs to ensure hassle-free food availability, announces Mr Hussain Amru, Managing Director of STO. Since all aspects...

The Tourism Industry in the first 100 days of Hon. Ibrahim Mohamed Solih

As part of his promises to the country in his first 100 days of reign, Hon. Ibrahim Mohamed Solih has announced that...

World’s Largest Underwater Restaurant nears Completion

The underwater restaurant “Under” located near to the southernmost tip of Norway under five meters is the first of its kind in...

Think Advertising and Taste magazine to bring the largest coffee festival in Maldives together...

Local advertising & marketing leader Think Advertising and the first and only bi-monthly food magazine Taste, collaborate to bring the largest ever...

MATATO Promotes Maldives in Russia and Malaysia

Maldives Association of Travel Agents and Tour Operators (MATATO) advertised the Maldives in Russia and Malaysia. MATATO has participated...

Summer Island Maldives Scoops Two Accolades at South Asian Travel Awards

Summer Island Maldives has won two prestigious awards, for South Asia’s Leading Beach Resort / Hotel and Maldives’ Leading Beach Resort / Hotel, at...

State revenue increases by 16 percent more than predicted figure

State revenue has increased by 16 percent more than the predicted figures. According to statistics report by government taxation...

7 reasons why RAS HRMS is a must for your organisation

RAS Human Resources Management System is a cloud-based HR and Payroll system specially designed for the Maldivian Market. The word RAS means...

A Maldivian to Land The Etihad Airways A380 To VIA New Runway

Velana International Airport (VIA) is working on their last preparation to land Etihad Airways A380-800 flight in the new runway in this...

Luxury Maldivian resort “Soneva Fushi” is recruiting a bookseller

Philip Blackwell, the scion of bookseller family, needs a Man Friday for possibly the world’s most remote bookshop, based in the luxury eco-resort of...

Dhiraagu opens pre-order for Samsung Galaxy Note 9

Dhiraagu announced that Samsung’s popular Galaxy Note 9 mobile phone is available for preorder. Dhiraagu is offering instalment payment options available for postpaid customers. With...

Test Flight lands at Noonu Maafaru International Airport.

The first test flights have successfully landed in the newly developed N.Maafaru Airport. Tourism Minister Moosa Zameer along with parliament members of Noonu Atoll arrived...

Over 30 Merchants have Signed up to be Partners for Koo.mv

More than 30 merchants have signed up to be partners for Koo.mv, the most advanced online marketplace and the first of its kind in...

Corporate launching of Maldives’ most advanced ecommerce platform Koo.mv held, open to public by...

Koo.mv, the most advanced online marketplace and the first of its kind in the Maldives, has been launched to corporates by Laniakea Trade at...

MVR 393 Million Investment by State Trading Trading Organization

State Trading Organization (STO) revealed in last night's Annual General Meeting that they have invested MVR 393 Million in the previous year and this...

Maldives Showcased Maldivian Fishing in the 15th INFOFISH World Tuna Trade Conference and Exhibition

Maldives showcased Maldivian Fishing in 15th INFOFISH World Tuna Trade Conference and Exhibition. The conference commenced on 28th May in Bangkok at the Shangri-La...

Madivaru Airport Project Handed to Kuredu Holdings

Madivaru Airport project has been handed to Kuredu Holdings. An initial signing ceremony took place yesterday at the underwater restaurant in Hurawalhi Maldives. From Kuredu Holdings,...

MTCC Thilafushi Land Reclamation Project on Schedule

Maldives Transport and Contracting Company (MTCC) states that a big part of the land reclamation project of K.Thilafushi has been finished. MTCC official stated the...

MWSC Obtains a Profit of MVR 264.7 Million

Male' Water and Sewerage Company (MWSC) has obtained a net profit of MVR 264.7 Million for the year 2017. This is a fall from...

Morteza Capital Becomes the First Regulated Hotel Investment Manager in the Maldives

Morteza Capital Ltd, an investment management and advisory firm specializing in hotel and leisure investments, has been awarded an Investment Adviser’s License by the...

Fitch Assigns Maldives Sovereign Credit Rating of B+ : Highlights Progress

World’s leading credit firm, Fitch Ratings has maintained the sovereign credit rating of Maldives at B+ similarly to last year. A B+ rating indicates that...

Ministry of Tourism Reveals Land Acquisition Fee Structure

Ministry of Tourism has revealed the acquisition fees for tourism-related projects. Under the law of developing tourist resorts, hotels, guesthouses and marinas- acquisition fee can...

Housing Development Finance Corporation to distribute MVR 22 as dividend

Housing Development Finance Corporation (HDFC) has announced that they are to distribute MVR 22 per share as dividend for the financial year of 2017. This...

MIRA reveals first quarter report for 2018: Records MVR 4.99 billion as revenue

Maldives Inland Revenue Authority (MIRA) has announced that they have collected MVR 4.99 Billion as revenue in the first quarter of 2018. In their quarterly...

LATEST ARTICLES

2024 Tourism Boom: Maldives Surpasses 400k Arrivals

The Maldives is off to a remarkable start in 2024, with tourist arrivals surpassing 400,000 within the year's first few months. This...

Maldives Team Leaves for ITB Berlin 2024

A delegation of Maldivian chefs has departed for Germany to attend the upcoming ITB Berlin 2024, the world's leading travel trade show,...

PCB Issues Ramadan Allowance Directive, LRA Urges Employer Compliance

The Privatization and Corporatization Board (PCB) has issued a directive addressing the payment of Ramadan allowances for employees working in state-owned companies....

Maldivian Economy: A Tale of Tourism Triumphs and Lingering Concerns

The palm-fringed beaches and turquoise lagoons of the Maldives, a tourism haven for honeymooners and luxury travellers, continued to propel the nation's...

Government’s Vision: Tax Base Expansion for Economic Growth

The government has outlined its economic vision, emphasizing the growth of business opportunities and increased prosperity for its citizens. Minister of Cities,...
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