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...

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.

Business Trends That Will Drive Success in 2018

Business Trends That Will Drive Success in 2018 With the dawn of a new year, new business aims and objectives are set or renewed to...

Koo.mv to Launch “Donate” – A Simple, Automatic way for Customers to Donate

As online shopping grasps its roots in the Maldives, Koo.mv has decided to launch a service within Koo.mv, which allows individuals to donate.

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...

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...

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...

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...

STO reports increase of net profit in the last quarter of 2017

State Trading Organization PLC has reported that their net profit has increased in the last quarter of 2017, generating MVR 46 million. STO reported...

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...

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...

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...

Corporate Lessons to Learn from DC Universe

Batman, Superman, Flash, Wonder Women, Green Lantern are few of the DC universe superhero names we grew up with. In business terms, these are...

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...

Demand for Omni-Channel Marketing in Maldives

Technology plays a vital role in Maldives consumer decision-making process. Marketers are coming up with innovative ideas and concepts to satisfy the customer demand....

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...

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...

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...

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...

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...

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...

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...

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...

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...

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President Muizzu, Singapore Leaders Chart Future of Bilateral Ties

President Dr Mohamed Muizzu and First Lady Sajidha Mohamed were formally welcomed in Singapore yesterday, as part of the President’s ongoing state...

Architecture That Breathes: How Aséria Balances Climate and Comfort

Situated on the northeastern edge of Hulhumalé, Aséria is emerging as a true architectural marvel in the Maldives. With strong interest from...

Maldives Halal Travel Wraps Up Major Campaigns in Bosnia, Malaysia, and the Philippines

Maldives Halal Travel has concluded three major destination marketing campaigns across Bosnia and Herzegovina, the Philippines, and Malaysia, wrapping up the initiative...

Maldives Targets New Wave of Investors With 50-Year Resort Leases

In its latest bid to expand high-value tourism infrastructure, the Government of Maldives has opened public tendering for the lease, development, operation,...

Gov’t Spending Trails Behind Revenue as Maldives Posts MVR 1.36 Billion Surplus

The Maldives recorded a budget surplus of MVR 1.36 billion as of 19 June 2025, despite subdued government spending on capital projects....
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