7 reasons why RAS HRMS is a must for your organisation
RAS Human Resources Management System is a cloud-based HR and Payroll system specially designed for the Maldivian Market. The word RAS means...
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...
MTCC Board approves Share Split and Rights Issue
On 08th January 2017, the Board of Directors of MTCC Plc has proposed a share split and a rights issue. Chairman Mr. Ahmed Niyaz...
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...
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...
CDL Hospitality Trusts’ Maldives assets to continue floundering: analysts
CDL Hospitality Trusts will continue to be plagued by weak performance from its Maldives assets, on back of persistent forex losses and soft demand.
According...
Ooredoo Shares at MVR30
Ooredoo Maldives has announced plans to sell 41% of shares from the company at a price of MVR 30 per share.
According to the prospectus...
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...
Boutique island resort in Baa Atoll, Milaidhoo now Open
Set in the heart of a UNESCO Biosphere Reserve in the Baa Atoll region, the luxury boutique resort Milaidhoo Island Maldives is now open....
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...
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...
MMA Increases License Fee for Financial and Remittance Businesses
Maldives Monetary Authority has announced an increase to the license fee for money remittance and consumer finance businesses.
According to the announcement in the Government...
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...
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...
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...
Japanese mail-order firm opening Westin resort in Maldives
Catalog shopping giant Belluna is building a resort hotel in the Maldives under the Westin brand to tap the rise in Japanese, Chinese and...
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...
Leased Plots at ‘Guesthouse Island’ Baresdhoo will be Handed Over in February – MITDC
Maldives Integrated Tourism Development Corporation (MITDC) has announced that land plots leased from ‘Guesthouse Island’ Baresdhoo in Laamu Atoll, will be handed over as...
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...
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...
BML’S investment program continues with new branches in Hoarafushi and Ihavandhoo
Bank of Maldives has extended its reach in the atolls with the opening today of two new branches in Hoarafushi and Ihavandhoo in Haa...
Singapore firm to develop second resort in Thaa atoll
Island Aviation Services (IAS) awarded the project to develop a tourist resort in the island of Ruhthibirah in Thaa atoll to a Singapore firm,...
BML supports first privately owned company to go public in Maldives
Bank of Maldives has extended its support to the first Initial Public Offering (IPO) of a privately owned company in Maldives. The Bank signed...
Maldives: From a beach getaway to the ultimate leisure boating paradise
Marine tourism is set to take a considerable hike in the Maldives. This is largely due to the much-anticipated expansion plan for Male’s Velana...
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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...
