BML DECLARES PROUD INVESTMENT IN STATE-OF-THE-ART TREETOP HOSPITAL
Bank of Maldives’ senior management have taken the opportunity to inspect the development of the new Treetop Hospital in Hulhumale’ which was part-financed by...
The New Roads that are being Developed in Hulhumale’ is Prepared for Concrete Works
Housing Development Corporation (HDC) have mentioned that the new roads that is being developed under the second phase of Hulhumale’ Development project is equipped...
Zongshen eyes stakes in seaplane operators
Zongshen Group, a manufacturer of generators and engines, plans to purchase a stake in the biggest seaplane airline in the Maldives this year, in...
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...
Ministry of Finance and Treasury to Issue International Sovereign Bonds worth USD200 million
Ministry of Finance and Treasury has announced the decision to issue sovereign bonds worth USD200 million to the international market. The bonds are to...
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...
“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...
MIRA reveals first quarter report for 2018: Records MVR 4.99 billion as revenue
Maldives Inland Revenue Authority (MIRA) has announced that they have collected MVR 4.99 Billion as revenue in the first quarter of 2018.
In their quarterly...
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...
BML first half Net Profit up 152% to 570 million rufiyya
Bank of Maldives’ financial performance has continued its positive trajectory with first half Profit After Tax up 152% on the same period last year...
Dhiraagu to Expand 4G LTE Service Nation Wide
Dhiraagu has announced that it has officially started its 4G expansion project to rollout the service across the entire country. Dhiraagu has engaged vendors to...
Challenges in the Maldivian Capital Market
Guest writer: Mr. Hassan Manik, CEO, Maldives Stock Exchange
The financial sector is a very volatile field in any part of the world and in...
MVR 393 Million Investment by State Trading Trading Organization
State Trading Organization (STO) revealed in last night's Annual General Meeting that they have invested MVR 393 Million in the previous year and this...
Centara Announces Two More Properties in Maldives
Centara Hotels and Resorts has announced plans to construct/operate two more properties in the Maldives.
In an interview with Bangkok Post, the Senior Vice President...
MIRA records over MVR 1.2 Billion in revenue for May 2017
Maldives Inland Revenue Authority (MIRA) has revealed that they have received MVR 1.2 billion in revenue for the month of May 2017 showing an...
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...
Corporate Resident Maldives – Privileged Services for Foreign Investors
The Corporate Resident Maldives, a special investor scheme, introduced by the Government of Maldives, to recognize the contribution of foreign investors and their investments...
BML Has Opened a New Customer Service Center in Male’ Square
Bank of Maldives (BML) has opened a new customer service center in Male’ Square located in Ameenee Magu, Gaakoshi Flat.
The new customer service center...
CMDA Issues Custodian License to Bank of Mauritius
Capital Market Development Authority (CMDA) has issued a license to provide custodial services to Mauritius Commercial Bank Maldives Private Limited (MCB) today.
The license was...
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...
Dream Hotel Group Signs Two Resorts in the Maldives
Dream Hotel Group signed two hotels in the Maldives with local entrepreneur Mohamed Manik and Alpha Kinam Holdings to develop The Chatwal Maaga Maldives and Dream Gasveli...
Maldives drops three position on Doing Business ranking
Maldives plunges three position down from the recent report on "Doing Business 2016", published annually by the World Bank. Doing Business 2016 is an...
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...
Thomas Cook to open an own-branded resort in the Maldives
Thomas Cook is to open an own-branded hotel in the Maldives – one of 14 new properties to be developed in the next two...