Maldivian issues a Request For Proposals (RFP) for the damp lease of a single...
Maldivian has issued a Request For Proposals (RFP) for the damp lease of a single A330-200 one a one-year contract beginning July 23, 2017.
According...
Maldives prints debut US$200m sovereign bond
The Republic of Maldives printed their debut USD dollar bond on June 1st, 2017 in a deal arranged by BoCom International, making it the...
Dubai surpasses 100,000 hotel rooms in portfolio & boasts highest spending tourists worldwide
The emirate of Dubai has officially reached 100,000 rooms across its expanding hotel and hotel apartment inventory.
Dubai surpassed 100,000 rooms following the opening of...
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...
TMA signs agreement with Addu International Airport to start seaplane operations in Gan Airport
Trans Maldivian Airways (TMA) has on Tuesday signed an agreement with Addu International Airport to setup and operate a seaplane base in Gan Airport.
According...
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...
China-Maldives Free Trade Agreement in June
The Minister of Economic Development Mr. Mohamed Saeed has revealed that China and Maldives will sign a Free Trade Agreement in June 2017.
According to...
MTCC plans to list themselves in the Mauritius Stock Exchange
MTCC, which is the one of the largest construction and logistics companies in the Maldives is in discussions with the Mauritius Stock Exchange to get listed...
Boutique island resort in Baa Atoll, Milaidhoo now Open
Set in the heart of a UNESCO Biosphere Reserve in the Baa Atoll region, the luxury boutique resort Milaidhoo Island Maldives is now open....
MMA’s reserve increased by 10.8% compared to 2016
There has been a 10.8% increase in the Central Bank's reserve by the end of December 2017.
In their financial statement for the month of...
MMA Increases License Fee for Financial and Remittance Businesses
Maldives Monetary Authority has announced an increase to the license fee for money remittance and consumer finance businesses.
According to the announcement in the Government...
MIRA reports increase in revenue by 6.8%
Revenue collected by Maldives Inland Revenue Authority (MIRA) has increased by 6.8% from expected figures.
The government tax authority confirms that the state collected MVR...
Maldives: From a beach getaway to the ultimate leisure boating paradise
Marine tourism is set to take a considerable hike in the Maldives. This is largely due to the much-anticipated expansion plan for Male’s Velana...
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"...
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...
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...
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...
The Construction Works of the New Runway Begins
The construction works of the new runway in Velana International Airport (VIA) has officially begun last Thursday. Currently, the construction works of laying asphalt...
“Corporate Maldives: Investor’s Guide” to be launched in the last quarter of 2017
"Corporate Maldives: Investor's Guide" will be launched in the last quarter of 2017. This guide will be written entirely in English and is divided into major sections...
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...
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...
Ooredoo Shares at MVR30
Ooredoo Maldives has announced plans to sell 41% of shares from the company at a price of MVR 30 per share.
According to the prospectus...
BML announces nominations for their board of directors
Bank of Maldives (BML) announces vacancies for the post of Directors in their board. The vacancy is open to their public shareholders.
In their announcement...
BML Reveals Plans to Scale Up Investment in Hulhumale’
Bank of Maldives has announced that it will expand its presence in Hulhumale’, starting in October with a new Self Service Banking ATM in...
LATEST ARTICLES
Cold Storage Facility Underway as Part of Broader Food Security Strategy
The State Trading Organisation (STO) is developing a cold storage facility in Malé’s Industrial Village as part of broader government efforts to...
Maldivian Youth Demand Climate Action Ahead of COP30
Thirty-seven young people from across the Maldives gathered in Malé to call for urgent action on climate change at the recent 'Youth...
Tourism Sector Contracts Sharply in Q2, But Signs Point to Gradual Recovery Ahead
The Maldives’ tourism sector experienced a significant slowdown in the second quarter of 2025, with business activity contracting across almost all key...
New Rules for Tourism Ads in the Maldives: What You Need to Know
The Ministry of Tourism and Environment has introduced a new regulation that affects how tourist establishments can advertise in the Maldives. Gazetted...
Ooredoo Maldives Receives Bronze Stevie for Employer of the Year
Ooredoo Maldives has been awarded the Bronze Stevie® Award for Employer of the Year – Telecommunications at the 2025 Asia-Pacific Stevie Awards,...
