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...

LATEST ARTICLES

Maldives, India Hold Talks to Deepen Trade and Investment Links

The governments of the Maldives and India have held discussions to further strengthen bilateral trade and investment relations, reaffirming a shared commitment...

Maldives Secures USD 25 Million for Early Warning Climate Project

The Green Climate Fund (GCF) has approved a USD 25 million grant to the Maldives under the SAP050 project, titled "Toward Risk-Aware...

Maldivian Introduces New Onboard Rules for Power Banks Starting July 6

Maldivian, the national airline of the Maldives, has announced the introduction of strict new safety regulations concerning the carriage and use of...

Ooredoo Strengthens eSIM Security with New Features to Combat Fraud

Ooredoo Maldives has announced a significant upgrade to its eSIM activation process, introducing enhanced security measures aimed at protecting users from fraud...

The Price of Residency: What the Maldives Must Fix Before Welcoming Wealth

This week, the Maldives officially entered the global investment migration market. In partnership with Henley & Partners, the country is launching its...
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