7 reasons why RAS HRMS is a must for your organisation

Business September 11, 2018

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...

Investing February 5, 2017

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...

Investing August 18, 2016

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...

Investing June 28, 2017

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...

Business May 29, 2018

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...

Investing July 21, 2016

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...

Investing April 18, 2017

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...

Investing October 16, 2017

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...

Investing December 5, 2016

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....

Investing July 11, 2016

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...

Investing March 2, 2017

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...

Business January 15, 2018

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...

Investing December 28, 2016

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...

Investing May 11, 2017

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...

Business May 30, 2018

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...

Investing March 18, 2017

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...

Investing November 17, 2016

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...

Investing January 7, 2017

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...

Investing July 31, 2017

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...

Investing October 10, 2017

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...

Investing July 18, 2016

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,...

Investing February 25, 2017

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...

Investing October 20, 2016

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...

Investing November 1, 2016

St. Regis Maldives Vommuli Resort now open

Starwood Hotels & Resorts has opened its new property in Maldives, all-villa St Regis Maldives Vommuli Resort. The 77-villa property is in the Dhaalu Atoll,...