Investing

Investing May 3, 2017

BML Prospect – Connecting Talent with Opportunity’ will help colleges produce job-ready graduates

Bank of Maldives has today signed an agreement with five leading higher education institutions to collaborate in a program to provide students with practical...

Investing May 1, 2017

The Global Halal Tourism Summit 2017: Arabian Travel Market

The inaugural ATM Global Halal Tourism Summit brings together some of the world’s leading Muslim Travel experts to discuss the nuances of this fast-growing...

Investing May 1, 2017

MEGA Maldives Airlines Announces Temporary Suspension of Operations

MEGA Maldives Airlines is to temporarily suspend commercial flight operations from the 2nd of May 2017 onwards as part of its restructuring and recapitalization...

Investing April 27, 2017

BML Has Positive First Quarter with Strong Financial Results and Increased Investment Nationwide

MVR 300 million investment plan on track which will benefit 22 different islands and create 150 new jobs Bank of Maldives has made a positive...

Investing April 25, 2017

MTDC profits up by 69%

Maldives Tourism Development Corporation has released the official report for the fourth quarter of 2016, from October to December, indicating a clear 69% increase...

Investing April 19, 2017

Dhiraagu AGM on April 20, 2017

Dhiraagu has announced their Annual General Meeting to be held on April 20, 2017 at the National Art Gallery. The AGM will include passing of...

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 April 17, 2017

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...

Investing April 17, 2017

Hilton 2016 Annual Report – Record Growth and Progress Globally

Hilton has publicized its annual report for the year 2016, revealing a year of record growth and remarkable progress. A leader in the global hospitality...

Investing April 16, 2017

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...

Investing April 15, 2017

New Self Service Banking ATM to support local community in LH. HINNAVARU

Bank of Maldives has introduced Self Service Banking in Lh. Hinnavaru, with a new ATM that will support the banking needs of the local...

Investing April 13, 2017

CMDA Issues Custodian License to Bank of Mauritius

Capital Market Development Authority (CMDA) has issued a license to provide custodial services to Mauritius Commercial Bank Maldives Private Limited (MCB) today. The license was...

Investing April 9, 2017

BML expands investment in Baa Atoll with new ATM in Dharavandhoo

Bank of Maldives has continued to scale up its investment in B. Atoll with the introduction of a new Self Service Banking ATM in...

Investing April 8, 2017

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...

Investing April 7, 2017

Singha, Hard Rock unveil Maldives venture

Singha Estate chief executive officer Naris Cheyklin says his firm has recently signed a deal with Hard Rock International Hotel Group to open the...

Investing April 7, 2017

Centara signed new management agreement for fourth resort in the Maldives “Centara Grand Muthaafushi...

Centara Hotels & Resorts, leading Thai hospitality group signed a new hotel management agreement for its fourth beach resort under the Centara umbrella in...

Investing April 5, 2017

Male’ Sewerage System to be Overhauled

Male’ Water and Sewerage Company (MWSC) has started a project aimed to overhaul and redevelop the sewerage system in the capital island. The project was...

Investing April 2, 2017

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...

Investing March 27, 2017

Gaja Capital in talks to invest $20 million in Kangaroo Kids

Mid-market focused private equity firm Gaja Capital is in talks to invest about $20 million (₹135 crore) in Kangaroo Kids Education Ltd (KKEL), in...

Investing March 25, 2017

Lily International Announces Plans to Go Public

Lily International, one of the largest Food and Beverages Importers/Distributors in the country and subsidiary of Lily Group has announced plans to go public. In...

Investing March 22, 2017

MITDC Invites Developers for New Picnic Island

Maldives Integrated Tourism Development Corporation (MITDC) has invited interested parties to tender for the reclamation of a lagoon near Male’, to be developed into...

Investing March 21, 2017

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...

Investing March 20, 2017

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...