Bank of Maldives opens new dedicated US Dollar ATM Centre
Bank of Maldives has today opened its dedicated US Dollar ATM Centre at a convenient location near Artificial Beach in Male’. The new facility...
MEGA Maldives Airlines awarded Air Operators Permit from the Directorate General of Civil Aviation...
MEGA Maldives Airlines has been awarded an Air Operators Permit from the Directorate General of Civil Aviation (DGCA) of India, to launch direct flights...
Abu Dhabi Airports Co set to redevelop Seychelles International Airport
State-owned Abu Dhabi Airports Co will invest in redeveloping the international airport at Mahe in the Seychelles as the Indian Ocean country expands its...
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...
BML ISLAMIC scales up presence with opening of new headquarters and full-fledged branch
Bank of Maldives’ Islamic Banking arm, BML Islamic, has significantly scaled up its presence with the opening of its new headquarters, including a full-fledged...
Talks Underway for Haa Dhaalu Naagoshi Resort Project – MITDC
Maldives Integrated Tourism Development Corporation has announced that talks are underway for the Haa Dhaalu Naagoshi resort project to be switched to MITDC’s tenure.
MITDC’s...
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...
Equatorial Convention Centre of Addu City to be Converted into a 100-Bed Hospital
On 22nd February 2016, the Government of Maldives announced that the Equatorial Convention Centre in Hithadoo, Addu City will be converted into a 100-bed...
BML to disburse MVR 107 million as 2016 dividends
Bank of Maldives' Board of Directors has disclosed that MVR 107.6 million will be disbursed as dividends for the year 2016, at a rate...
Moody’s assigns first-time B2 issuer rating to the Government of Maldives
Moody's Investors Service has today assigned first-time local and foreign-currency issuer ratings of B2 to the Government of the Maldives. The rating outlook is...
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...
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...
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...
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...
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...
Lily International Announces Plans to Go Public
Lily International, one of the largest Food and Beverages Importers/Distributors in the country and subsidiary of Lily Group has announced plans to go public.
In...
MITDC Invites Developers for New Picnic Island
Maldives Integrated Tourism Development Corporation (MITDC) has invited interested parties to tender for the reclamation of a lagoon near Male’, to be developed into...
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.
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...
Ayady Takaful launches Family Takaful package
In a press conference held in Mookai Hotel, Allied Islamic window; Ayady Takaful introduces family Takaful package. Family Takaful is a package especially designed...
Maldives becoming a hub for Islamic Banking & Halal industry in South Asian region
Mostly people know about Maldives as an idyllic tropical island holiday destination, but little is known about the fact that the country is making...
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...
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...
Habib Bank opens a branch in Hulhumale’
Habib Bank Limited (HBL), the second bank to open their business in Maldives, opened one of its branches in Hulhumale’ on Sunday morning. This is...
LATEST ARTICLES
Restaurant and Hotel Prices Surge Nearly 30 Percent Year-on-Year in Maldives
Prices in the restaurant and accommodation sector have risen by nearly 30 per cent over the past year, according to the...
Gov’t Eyes Fast-Paced Rollout of 550 Development Projects
President Dr Mohamed Muizzu has announced that physical work on more than 550 development projects—including both new and previously stalled initiatives—will...
Bayfancy Residence: Smart Living with a Personal Touch
Start your day with the warmth of natural light filtering in as your bedroom adjusts to a comfortable 22°C, a thoughtful touch...
President Hails Rise in Dollar Remittances, Says USD 150M Sent to Banks Since January
President Dr Mohamed Muizzu has revealed that USD 150 million has been remitted to local banks since January under the new...
Last Chance to Tap and Win: Ooredoo’s Karaa Felhun Game Ends Soon with Grand...
Gaming fans across the Maldives are being reminded that time is nearly up to join Ooredoo Maldives’ popular Ramadan mobile game, Karaa...
