Growth momentum sustained at Amana Takaful Maldives: Pays 10% Dividends. Record Claims payments

Amana Takaful (Maldives) PLC, the only Shariah-compliant entity, listed in the Maldives Stock Exchange concluded its seventh Annual General Meeting on 6th May 2018. The...

Corporate Wellness through “Rehabilitation Sailing”

Like in every other society, In Maldives there is rapid increase in mental health issues such as anxiety, depression, higher stress, OCD, bulimia, body...

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...

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...

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...

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...

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...

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...

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...

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....

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...

Foreign investments approved passes USD 1 billion mark

Foreign investments approved this year has already passed the USD 1 billion mark, according to Registrar of Companies, Ms Mariyam Visam. Over the past...

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...

Maldives Investment Forum to be held on the 18th of December 2017 in Dubai,...

Ministry of Economic Development of Maldives has announced that they are to host their prime investment event “Maldives Investment Forum” on the 18th of...

MTCC to revolutionize Maldivian stock market once again

Maldives Transport and Contracting Company Plc first sold their shares to the public in 1980. In 1984, they went for a second round of...

Emaar’s Address brand to manage new Maldives hotel

Dubai developer Emaar has announced the expansion of its hospitality division into South Asia with a management contract for a new resort in the...

Tree Top Hospital to Begin Operations Within 2 Months

Tree Top Hospital developed in Hulhumale’ by Tree Top Investments, the joint venture by Kasa Holdings Pvt Ltd, Champa Brothers, Crown Company and Kuredu Holdings...

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...

Investment program is on track – BML CEO

Following a year in which Bank of Maldives recorded its best ever financial performance, CEO Andrew Healy has emphasized that the Bank is keeping...

Bank of Maldives shareholders to receive record dividend

Bank of Maldives has confirmed that its shareholders will receive a record dividend for the fourth consecutive year. Shareholders voted to approve the proposed...

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...

Dhiraagu TV announces launch of A+E Networks™ channels in Maldives

Dhiraagu TV is proud to announce the launch of A+E Networks channels in Maldives for the first time. A+E is the home for some...

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...

Dhiraagu introduces Fibre Broadband to additional two new islands of K. Atoll

Dhiraagu have announced the roll out of its Fibre Broadband Service, to K. Dhiffushi and K. Guraidhoo, with the fastest internet speed of 100 Mbps...

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...
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