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...

Hurawalhi Resort is Open

The luxury resort hotel has an undersea restaurant, a champagne pavilion, and 90 upscale villas, including 60 Ocean Villas and 30 Beach Villas. The...

Thailand’s Minor Hotels Group Signs First Avani Resort in Maldives

AVANI Hotels & Resorts has announce the development of its first resort in the Maldives. AVANI Fares Maldives Resort will be located on Fares...

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...

STO to organize projects to ensure food security in Maldives

State Trading Organization has planned to initiate numerous programs to ensure hassle-free food availability, announces Mr Hussain Amru, Managing Director of STO. Since all aspects...

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...

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,...

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...

Bank of Maldives opens new dedicated US Dollar ATM Centre

Bank of Maldives has today opened its dedicated US Dollar ATM Centre at a convenient location near Artificial Beach in Male’. The new facility...

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...

Ooredoo Maldives has gone public

Ooredoo Maldives has decided to become a public limited company and sell their shares on the Maldives Stock Exchange. Ooredoo Maldives which is a subsidiary...

Dhiraagu TV announces launch of A+E Networks™ channels in Maldives

Dhiraagu TV is proud to announce the launch of A+E Networks channels in Maldives for the first time. A+E is the home for some...

BML expands cash services in the atolls with 200th cash agent

Bank of Maldives has expanded its cash withdrawal service in the atolls by adding the 200th retailer to its network of cash agents. A...

Centurion is going public and putting up its shares for sale

Centurion Pvt Ltd a company that imports goods and provides logistics solutions has announced that they are going public (PLC) and their shares are...

Muslim Business Travel Segment at $22 Billion

New study on the growing Muslim travel indicated a staggering $22 billion worth Muslim business travel segment. It is further projected to reach $22...

ADB to Fund Expansion of Maldives’ Kulhudhuffushi Harbor

The Asian Development Bank (ADB) has approved a grant of $9.6 million to the Republic of the Maldives to expand Kulhudhuffushi Harbor, a project...

Growth momentum sustained at Amana Takaful Maldives: Pays 10% Dividends. Record Claims payments

Amana Takaful (Maldives) PLC, the only Shariah-compliant entity, listed in the Maldives Stock Exchange concluded its seventh Annual General Meeting on 6th May 2018. The...

Mark Zuckerberg sells another $95 million worth of Facebook Stock.

As another step towards his goal of donating 99% of his Facebook stake to improve the world within his lifetime, the CEO of Facebook...

The Tourism Industry in the first 100 days of Hon. Ibrahim Mohamed Solih

As part of his promises to the country in his first 100 days of reign, Hon. Ibrahim Mohamed Solih has announced that...

Bank of Maldives shareholders to receive record dividend

Bank of Maldives has confirmed that its shareholders will receive a record dividend for the fourth consecutive year. Shareholders voted to approve the proposed...

Fitch Assigns Maldives Sovereign Credit Rating of B+ : Highlights Progress

World’s leading credit firm, Fitch Ratings has maintained the sovereign credit rating of Maldives at B+ similarly to last year. A B+ rating indicates that...

Inaugural Islamic Finance Forum of South Asia on 26-27 July

The Inaugural Islamic Finance Forum of South Asia (IFFSA) will be held on 26 and 27 July at the Ramada, Colombo. Luminaries in the...

BML hosts corporate clients at special event “MALDIVES: A GREAT PLACE TO INVEST”

Bank of Maldives has hosted its corporate clients at a special event on tourism and the global real estate market. The event, titled “Maldives:...

BML first half Net Profit up 152% to 570 million rufiyya

Bank of Maldives’ financial performance has continued its positive trajectory with first half Profit After Tax up 152% on the same period last year...

LATEST ARTICLES

Report: Maldives Grapples with Dollar Crisis as Public Debt Surpasses MVR 135 Billion

The Maldives is facing a severe dollar crisis that has ignited intense discussions among government officials, business leaders, and citizens. The escalating...

Budget Committee Approves 2025 Budget with Enhanced Oversight Conditions

The Budget Committee of Parliament has approved the proposed 2025 budget, incorporating amendments aimed at increasing transparency and fiscal accountability. The decision...

Ministry of Fisheries Launches Work on 25-Year Fisheries Masterplan

The Ministry of Fisheries and Ocean Resources has commenced efforts to develop a 25-year masterplan aimed at guiding the sustainable growth and...

High Costs and Allegations of Corruption Plague Aasandha System

Aasandha CEO Aminath Zeeniya has raised concerns about the high prices charged by major private hospitals, revealing that discussions are ongoing to...

Destination Future Raises Concerns Over New Dollar Exchange Policies

Destination Future, a Maldivian NGO dedicated to sustainable development, has raised significant concerns about the government’s recent changes to the dollar exchange...
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