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.

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...

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...

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...

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...

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...

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...

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...

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...

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...

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...

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...

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...

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...

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...

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...

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...

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.

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...

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...

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...

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...

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...

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....

LATEST ARTICLES

Report: Maldives Resorts’ Tax Evasion Practices Persist as Government Introduces Tougher Measures

The Maldives government is ramping up efforts to tighten the noose on tax evasion within its lucrative tourism sector. As Parliament reviews...

Climate Change: Challenges and Policy Priorities for the Maldives

The Maldives faces a pressing dual challenge: managing economic growth while addressing the increasing threats posed by climate change. According to the...

Three Days Left to Vote for Maldives in World Travel Awards 2024

With just three days remaining until voting closes for the 2024 World Travel Awards (WTA), the Maldives is urging travellers, tourism professionals,...

Illegal Business Activities Top Reports Submitted to Immigration Watch Platform

Maldives Immigration has received over 800 reports of unlawful activities involving expatriate workers through its recently launched online platform, Immigration Watch. The...

EOI Opens for Upscale Hotel Projects in Hulhumale’ Phase II Tourism Zone

Developers are being invited to express their interest in constructing and operating three upscale hotels at Urban Isle, located in the Integrated...
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