India’s Demonetization and Digital Transactions
Amidst the India's controversial demonetization process, some companies (mostly digital) excelled to triumph with surprising profits. Fulled by the cash crunch, people are summoned to digital...
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...
MTDC profits up by 69%
Maldives Tourism Development Corporation has released the official report for the fourth quarter of 2016, from October to December, indicating a clear 69% increase...
25 New Resorts to Open in Maldives in 2017
President Yameen Abdul Gayoom has stated that 25 new resorts will be opening in the Maldives in 2017, during the Presidential Address at the...
MAC to Increase the Size of Length and Width of Airport Arrival Belt
Maldives Airports Company (MAC) has been endlessly working on to improve the facilities and services for the passengers traveling through Velana International Airport.
Evidently, the...
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...
Centara Announces Two More Properties in Maldives
Centara Hotels and Resorts has announced plans to construct/operate two more properties in the Maldives.
In an interview with Bangkok Post, the Senior Vice President...
Male’ Sewerage System to be Overhauled
Male’ Water and Sewerage Company (MWSC) has started a project aimed to overhaul and redevelop the sewerage system in the capital island.
The project was...
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...
Investors Reached New CROSSROADS With The Investment Retail Opportunity
More than 15 local and international investors attended an open house event held on 17th January 2018, at Malé National Art Gallery organised by...
Ooredoo Maldives has gone public
Ooredoo Maldives has decided to become a public limited company and sell their shares on the Maldives Stock Exchange.
Ooredoo Maldives which is a subsidiary...
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...
BML expands cash services in the atolls with 200th cash agent
Bank of Maldives has expanded its cash withdrawal service in the atolls by adding the 200th retailer to its network of cash agents. A...
MMA announces sale of T-bills worth MVR 1 billion
Maldives Monetary Authority (MMA) has announced the sale of Treasury Bills worth MVR 1 billion in order to facilitate the cash flow of the...
Vista Rooms Expands to Maldives: Eyeing to be in 5 Countries by Year-End
Vista Rooms, one of South Asia’s brands of budget stays has launched in Maldives. Targeting the affordable accommodation segment, Vista Rooms aims to make...
AT&T acquires Time Warner for $85.4 Billion
The multi national conglomerate At&t has acquired Time Warner company for $85.4 billion after days of much speculation.
The massively popular show, Game of Thrones...
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...
Abu Dhabi Airports Co set to redevelop Seychelles International Airport
State-owned Abu Dhabi Airports Co will invest in redeveloping the international airport at Mahe in the Seychelles as the Indian Ocean country expands its...
BML Has Opened a New Customer Service Center in Male’ Square
Bank of Maldives (BML) has opened a new customer service center in Male’ Square located in Ameenee Magu, Gaakoshi Flat.
The new customer service center...
Equatorial Convention Centre of Addu City to be Converted into a 100-Bed Hospital
On 22nd February 2016, the Government of Maldives announced that the Equatorial Convention Centre in Hithadoo, Addu City will be converted into a 100-bed...
Maldives received a first time credit rating of B2 from Moody’s Investors Service, so...
The Maldivian Government has recently received a first time credit rating of B2 from Moody’s Investors Service. This rating is stable. So what does...
Global Halal Industry worth $3.66 trillion
The strength and the prosperity of the global halal industry has been trumpeted all over the news. The rise of Generation M - formally...
Srilankan Airlines to offer discounted rates to 40 destinations
Srilankan Airlines has begun selling tickets to over 40 destinations under a special fair.
Commenting on the fair, a Srilankan Airlines official from the Maldives...
The Government launches website to keep public informed of the Budget 2017
A booklet and a website to convey the information regarding the budget for the next year was launched today by the government.
In a function...
LATEST ARTICLES
Report: Maldives Grapples with Dollar Crisis as Public Debt Surpasses MVR 135 Billion
The Maldives is facing a severe dollar crisis that has ignited intense discussions among government officials, business leaders, and citizens. The escalating...
Budget Committee Approves 2025 Budget with Enhanced Oversight Conditions
The Budget Committee of Parliament has approved the proposed 2025 budget, incorporating amendments aimed at increasing transparency and fiscal accountability. The decision...
Ministry of Fisheries Launches Work on 25-Year Fisheries Masterplan
The Ministry of Fisheries and Ocean Resources has commenced efforts to develop a 25-year masterplan aimed at guiding the sustainable growth and...
High Costs and Allegations of Corruption Plague Aasandha System
Aasandha CEO Aminath Zeeniya has raised concerns about the high prices charged by major private hospitals, revealing that discussions are ongoing to...
Destination Future Raises Concerns Over New Dollar Exchange Policies
Destination Future, a Maldivian NGO dedicated to sustainable development, has raised significant concerns about the government’s recent changes to the dollar exchange...
