Centara Announces Two More Properties in Maldives
Centara Hotels and Resorts has announced plans to construct/operate two more properties in the Maldives.…
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Investing
Investing in Maldives
Zongshen eyes stakes in seaplane operators
Zongshen Group, a manufacturer of generators and engines, plans to purchase a stake in the…
MIFCO under STO Management
Maldives Industrial Fisheries Company (MIFCO) was reallocated as a subsidiary of the largest trading company…
BML to disburse MVR 107 million as 2016 dividends
Bank of Maldives’ Board of Directors has disclosed that MVR 107.6 million will be disbursed…
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…
MMA Increases License Fee for Financial and Remittance Businesses
Maldives Monetary Authority has announced an increase to the license fee for money remittance and…
Federation of Indian Export Organisations (FIEO) to conduct an exhibition in Maldives to boost exports
The Federation of Indian Export Organisations (FIEO) will conduct an exhibition between April 27 and…
Saudi King to Visit Maldives in March to Explore Investment Opportunities, Strengthen International Ties
Saudi Arabia’s King Salman Bin Abdul Aziz Al Saud has embarked on a 31-day trip…
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…
China-Maldives Free Trade Agreement in June
The Minister of Economic Development Mr. Mohamed Saeed has revealed that China and Maldives will…
USD 220 million withdrawn from BML USD ATM service & MVR 23 billion worth transactions made from BML cards in 2016
Bank of Maldives has announced that over USD 220 million has been withdrawn from BML…
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…
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…
Talks Underway to Increase Saudi Investments in Maldives
Maldivian Ambassador for Saudi Arabia and Non-Resident Ambassador for Kuwait and United Arab Emirates Mr.…
25 New Resorts to Open in Maldives in 2017
President Yameen Abdul Gayoom has stated that 25 new resorts will be opening in the…
BML Point-of-Sale network expansion continues with 4,000th Merchant
Bank of Maldives has expanded its Point-of-Sale (POS) network to 4,000 merchants as it continues…
MTCC Board approves Share Split and Rights Issue
On 08th January 2017, the Board of Directors of MTCC Plc has proposed a share…
Self Service Banking introduced in Fuvahmulah as a part of BML’s “Aharenge Bank” program
Bank of Maldives has continued to scale up its investment in communities with the introduction…
Dream Hotel Group Signs Two Resorts in the Maldives
Dream Hotel Group signed two hotels in the Maldives with local entrepreneur Mohamed Manik and…
Challenges in the Maldivian Capital Market
Guest writer: Mr. Hassan Manik, CEO, Maldives Stock Exchange The financial sector is a very…
Maldives keen on Indian investments in ports, airports
Maldives today sought investments from Indian Ocean Region countries including India, in areas such as…
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…
MMA increases Credit Guarantee Scheme Allotment to 100million
Maldives Monetary Authority has announced that the allocated budget for the Credit Guarantee Scheme has…
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’…