Luxury Maldivian resort “Soneva Fushi” is recruiting a bookseller
Philip Blackwell, the scion of bookseller family, needs a Man Friday for possibly the world’s most remote bookshop, based in the luxury eco-resort of...
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...
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...
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...
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...
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....
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...
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...
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...
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...
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...
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...
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...
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...
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...
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,...
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...
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,...
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...
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...
LATEST ARTICLES
Maldives Records USD 13.2 Billion in Remittances, While Expatriates Sent USD 143 Million Abroad...
Remittances continued to be a major feature of the Maldivian financial landscape in 2024, with the Maldives Monetary Authority reporting that banks...
Gov’t Finances Post Surplus in June as Revenue Outpaces Spending
The Ministry of Finance and Planning has reported that government finances turned to surplus in June 2025, as stronger revenues offset lower...
Maldives Police Urge Vigilance as Fake Certificates Increase
The Maldives Police Service has raised alarm over a growing number of cases involving fake certificates being submitted for jobs and higher...
Hanimaadhoo International Airport Nears Completion, Set to Open by November
President Dr Mohamed Muizzu has announced that the new international airport in Hanimaadhoo will be operational by November at the latest, marking...
Ooredoo Maldives Honoured with National Award on National Day
Ooredoo Maldives has been honoured with the National Award of Recognition in the category of Business and Economic Development, becoming the only...
