Land reclamation for airport’s new runway begins
President Abdulla Yameen Abdul Gayoom on Monday inaugurated the land reclamation work of Ibrahim Nasir International Airport (INIA) expansion project.
The project, which is set...
USD 200 million worth Foreign Investments registered this year
The Ministry of Economic Development has released statistics revealing USD 200 million worth foreign investments registered in the Maldives in 2017.
The statistics were revealed...
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...
STELCO eyes floating solar station
Considering that the Maldives receives an abundance of sunshine year-round, the country's vision to boost the installation of solar power should come as no...
The Master Plan of “iHavan” Project will be Completed by the end of this...
Ihavandhippolhu Integrated Development Project (iHavan) is an integrated project which will be developed in Ihavandhippolhu atoll in Northern Maldives. This project aims in capitalizing...
Apollo Holdings Pvt Ltd unveils its first luxury real estate project ‘The Apollo Towers’
Apollo Holdings Pvt Ltd has today unveiled its first luxury real estate project ‘The Apollo Towers’ set to rise with a beach front view...
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...
Investment Forum for Addu Guesthouses on 22nd April
Maldives Integrated Tourism Development Corporation (MITDC) is preparing to host an Investment Forum for parties interested in investing in the guesthouse industry in Addu.
MITDC’s...
MMA issues licence to a new insurance company
Maldives Monetary Authority gives license to a 100% Maldivian company to provide insurance service in Maldives. The new company is called Dhivehi Insurance Company...
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...
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,...
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...
Federation of Indian Export Organisations (FIEO) to conduct an exhibition in Maldives to boost...
The Federation of Indian Export Organisations (FIEO) will conduct an exhibition between April 27 and 29 this year in the Maldives to boost exports...
MATATO Promotes Maldives in Russia and Malaysia
Maldives Association of Travel Agents and Tour Operators (MATATO) advertised the Maldives in Russia and Malaysia.
MATATO has participated...
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...
Blackstone Looking to Sell Seaplane Operator in the Maldives
Blackstone Group LP may cash out from the Maldives, the tropical island chain known for its white-sand beaches and turquoise seascapes.
The buyout firm is exploring...
Useable Reserves Up by 6%, T-bill Investments up by 23% – MMA
Maldives Monetary Authority has announced a 6% increase to the usable reserves and a 16% increase to the total national reserves of Maldives. The usable...
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...
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...
Second Round of Get Set MV Loan Scheme Announced
The second round of the Maldives Youth Entrepreneurship program, Get Set MV, has been announced.
The Get Set MV scheme was launched to assist young Maldivians...
Over 30 Merchants have Signed up to be Partners for Koo.mv
More than 30 merchants have signed up to be partners for Koo.mv, the most advanced online marketplace and the first of its kind in...
Investment program is on track – BML CEO
Following a year in which Bank of Maldives recorded its best ever financial performance, CEO Andrew Healy has emphasized that the Bank is keeping...