Cocoon Maldives now open

Cocoon Maldives has opened its doors for the visitors on 26 December 2016, over a month ahead of schedule. Alessandro Azzola, Managing Director of Cocoon Investment...

Maldivian issues a Request For Proposals (RFP) for the damp lease of a single...

Maldivian has issued a Request For Proposals (RFP) for the damp lease of a single A330-200 one a one-year contract beginning July 23, 2017. According...

China-Maldives Free Trade Agreement in June

The Minister of Economic Development Mr. Mohamed Saeed has revealed that China and Maldives will sign a Free Trade Agreement in June 2017. According to...

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...

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...

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...

Official Groundbreaking Ceremony Marks Start of Construction on Maldives’ New Multi-island Resort Concept

Mr. Moosa Zameer, Minister of Tourism, joined Chairman of Singha Estate Public Company Limited, Mr. Chutinant Bhirombhakdi; Director, Chairman of Executive Committee, Mr. Chayanin...

Bank of Maldives expands nationwide presence with new branch in N. Holhudhoo

Bank of Maldives has further expanded its presence in the country with the opening of a new branch in Holhudhoo in Noonu Atoll. The branch...

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...

Srilankan Airlines to offer discounted rates to 40 destinations

Srilankan Airlines has begun selling tickets to over 40 destinations under a special fair. Commenting on the fair, a Srilankan Airlines official from the Maldives...

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...

Test Flight lands at Noonu Maafaru International Airport.

The first test flights have successfully landed in the newly developed N.Maafaru Airport. Tourism Minister Moosa Zameer along with parliament members of Noonu Atoll arrived...

MTCC plans to list themselves in the Mauritius Stock Exchange

MTCC, which is the one of the largest construction and logistics companies in the Maldives is in discussions with the Mauritius Stock Exchange to get listed...

STELCO to Construct Back-up Generator in Male’ Industrial Village

Ministry of Housing has awarded a 10,000 square feet land in Male’ Industrial Village to State Electric Company Limited (STELCO) to construct and operate...

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...

Koo.mv to Launch “Donate” – A Simple, Automatic way for Customers to Donate

As online shopping grasps its roots in the Maldives, Koo.mv has decided to launch a service within Koo.mv, which allows individuals to donate.

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...

THAI AIRASIA to begin Bangkok – Male’ flights

Thailand-based low-cost airline Thai AirAsia is to begin direct flight operations between Thai capital Bangkok and Maldives starting July. An official from the authority told local...

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...

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...

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...

TMA expands Aircraft fleet

Trans Maldivian Airways (TMA) has added another aircraft to its existing fleet. The additional aircraft, a De Havilland DHC-6 Series 300, arrived this afternoon...

Dhiraagu launches fibre broadband in B. Dharavandhoo

Dhiraagu has announce the roll out of its Fibre Broadband Service, to Baa Atoll Dharaandhoo, with the fastest internet speed of 100 Mbps and...

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...

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...
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