Maldives keen on Indian investments in ports, airports
Maldives today sought investments from Indian Ocean Region countries including India, in areas such as airports, ports and maritime projects with a view to...
Government to launch a special initiative to aid resorts near completion
The government has launched a special initiative to aid resorts near completion in a bid to boost bed capacity in the Maldives
Tourism Minister Moosa Zameer...
National airline, Maldivian to ferry tourists to Laamu Baresdhoo
The National airline, Maldivian has been handed the responsibility to ferry tourists to the developing integrated tourist city, Laamu Baresdhoo. Baresdhoo is an integrated...
BML Islamic set to launch its first financing products
BML Islamic is set to launch its first financing products in October. The announcement was made at the opening ceremony of BML Islamic’s new...
Thilafushi Corporation to Open Spots for Leasing from the New Industrial Zone of Thilafushi
Thilafushi Corporation has mentioned that the development of Thilafushi Industrial Zone is ongoing at a fast pace and that they are planning to open...
350 Luxury Flats to Be Built in Rasfannu Area by 2020
The government of Maldives has handed over the huge project of constructing 4 towers of 25-story buildings containing 350 luxury flats to a Singapore...
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...
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...
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...
MTCC Board approves Share Split and Rights Issue
On 08th January 2017, the Board of Directors of MTCC Plc has proposed a share split and a rights issue. Chairman Mr. Ahmed Niyaz...
BML Prospect – Connecting Talent with Opportunity’ will help colleges produce job-ready graduates
Bank of Maldives has today signed an agreement with five leading higher education institutions to collaborate in a program to provide students with practical...
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...
Useable Reserves Up by 6%, T-bill Investments up by 23% – MMA
Maldives Monetary Authority has announced a 6% increase to the usable reserves and a 16% increase to the total national reserves of Maldives. The usable...
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...
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...
Dhiraagu introduces Fibre Broadband to Laamu Atoll
Dhiraagu announces the roll out of its Fibre Broadband Service, to Laamu atoll, with the fastest internet speed of 100 Mbps and the largest...
Saudi King to Visit Maldives in March to Explore Investment Opportunities, Strengthen International Ties
Saudi Arabia’s King Salman Bin Abdul Aziz Al Saud has embarked on a 31-day trip to six different Asian countries, including Maldives, in order...
Muslim Business Travel Segment at $22 Billion
New study on the growing Muslim travel indicated a staggering $22 billion worth Muslim business travel segment. It is further projected to reach $22...
Blackstone Looking to Sell Seaplane Operator in the Maldives
Blackstone Group LP may cash out from the Maldives, the tropical island chain known for its white-sand beaches and turquoise seascapes.
The buyout firm is exploring...
New Self Service Banking ATM to support local community in LH. HINNAVARU
Bank of Maldives has introduced Self Service Banking in Lh. Hinnavaru, with a new ATM that will support the banking needs of the local...
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...
MVR 450 million budget proposed for SME Bank
Ministry of Finance has proposed a budget estimated at MVR 450 million for SME Development Finance Corporation (SDFC) for 2020.
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...
USD 200 million worth Foreign Investments registered this year
The Ministry of Economic Development has released statistics revealing USD 200 million worth foreign investments registered in the Maldives in 2017.
The statistics were revealed...
LATEST ARTICLES
M.H.A. Private Limited Launches MVR 30 Million Parallel Istisna’ Sukuk to Finance Hulhumale’ Promenade...
M.H.A Private Limited, one of the leading FMCG distributors in the Maldives, has officially launched its MVR 30 million Parallel Istisna’ sukuk...
Dhiraagu Backs BVISM to Boost Inclusion in Shaviyani Atoll
Dhiraagu has extended its support to the Blind and Visually Impaired Society of Maldives (BVISM) as part of its corporate social responsibility...
June Breaks the Off-Season Mould as Tourist Arrivals Climb
Tourist arrivals to the Maldives rose by 15 percent in June 2025 compared to the same month last year, with 141,772 visitors...
At FfD4, Maldives Pushes for Equity in Global Finance and Resilience Building
Vice President Hussain Mohamed Latheef has called for urgent reforms to the international financial system, highlighting the structural barriers faced by Small...
MMA Opens Applications for 2025 Tamweel Islamic Finance Scholarships
The Maldives Monetary Authority (MMA) has opened applications for its 2025 Tamweel Islamic Finance Scholarship, offering a range of fully and partially...
