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...
USD 220 million withdrawn from BML USD ATM service & MVR 23 billion worth...
Bank of Maldives has announced that over USD 220 million has been withdrawn from BML USD ATM service & MVR 23 billion worth transactions...
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...
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...
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...
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...
Interest Rates of SME loans decreased
Loans given for small and medium businesses, called SME loans, have had its interest rate decreased by 2% from 9% to 7%.
Speaking at ceremony...
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...
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...
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...
A Maldivian to Land The Etihad Airways A380 To VIA New Runway
Velana International Airport (VIA) is working on their last preparation to land Etihad Airways A380-800 flight in the new runway in this...
MVR 393 Million Investment by State Trading Trading Organization
State Trading Organization (STO) revealed in last night's Annual General Meeting that they have invested MVR 393 Million in the previous year and this...
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...
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.
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...
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...
Amana Takaful Life announces IPO of LKR 75Mn
Amana Takaful Life Limited (ATLL), a fully-owned subsidiary of Amana Takaful PLC, has announced an Initial Public Offering (IPO), via an Offer for Sale...
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...
India’s Demonetization and Digital Transactions
Amidst the India's controversial demonetization process, some companies (mostly digital) excelled to triumph with surprising profits. Fulled by the cash crunch, people are summoned to digital...
MMA announces sale of T-bills worth MVR 1 billion
Maldives Monetary Authority (MMA) has announced the sale of Treasury Bills worth MVR 1 billion in order to facilitate the cash flow of the...
Vista Rooms Expands to Maldives: Eyeing to be in 5 Countries by Year-End
Vista Rooms, one of South Asia’s brands of budget stays has launched in Maldives. Targeting the affordable accommodation segment, Vista Rooms aims to make...
World’s Largest Underwater Restaurant nears Completion
The underwater restaurant “Under” located near to the southernmost tip of Norway under five meters is the first of its kind in...
Construction of India’s first transshipment port begins, less than 500 km from proposed port...
Indian conglomerate Adani Group has started construction on India’s first trans-shipment port, Reuters reported. The Indian government will give the Adani Group a grant...
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...
LATEST ARTICLES
Employment Act Localisation Provisions Set for Full Enforcement This September
Maldivian employers, particularly those in the resort and hospitality sector, face a looming deadline to comply with new workforce localisation rules. Under...
Tourist Arrivals in August Up 7.6 Percent as Maldives Maintains Growth
Tourist arrivals to the Maldives in August have shown steady growth, with 158,434 visitors recorded between 1 and 24 August 2025. This...
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...
