THAI AIRASIA to begin Bangkok – Male’ flights

Thailand-based low-cost airline Thai AirAsia is to begin direct flight operations between Thai capital Bangkok and Maldives starting July. An official from the authority told local...

Summer Island Maldives Scoops Two Accolades at South Asian Travel Awards

Summer Island Maldives has won two prestigious awards, for South Asia’s Leading Beach Resort / Hotel and Maldives’ Leading Beach Resort / Hotel, at...

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...

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...

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...

MIFCO under STO Management

Maldives Industrial Fisheries Company (MIFCO) was reallocated as a subsidiary of the largest trading company in the country, State Trading Organization (STO) in September...

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...

Amãna Takaful Maldives has purchased 5% of the issued share capital of Maldives Islamic...

Amãna Takaful (Maldives) PLC has purchased 5% of the issued share capital of Maldives Islamic Bank held by Islamic Corporation for Development (ICD). The...

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...

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...

Corporate Wellness through “Rehabilitation Sailing”

Like in every other society, In Maldives there is rapid increase in mental health issues such as anxiety, depression, higher stress, OCD, bulimia, body...

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...

Emaar’s Address brand to manage new Maldives hotel

Dubai developer Emaar has announced the expansion of its hospitality division into South Asia with a management contract for a new resort in the...

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...

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...

Srilankan Airlines to offer discounted rates to 40 destinations

Srilankan Airlines has begun selling tickets to over 40 destinations under a special fair. Commenting on the fair, a Srilankan Airlines official from the Maldives...

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...

Dhiraagu introduces Fibre Broadband to Laamu Atoll

Dhiraagu announces the roll out of its Fibre Broadband Service, to Laamu atoll, with the fastest internet speed of 100 Mbps and the largest...

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...

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...

Hazana Maldives – A government finance company specializing in Islamic investment funds

Ministry of Finance has decided to establish Hazana Maldives Limited, a government finance company specializing in Islamic investment funds. The purpose of such establishment is...

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...

Happy Market to Invest in Increasing the Production of Life Water

It has been stated by the general manager of Happy Market, Ali Ihsaan, that they are all set to increase the production of life water....

Kuwait Fund gives a loan of 50 million dollars to build the new terminal

Kuwait Fund has given a loan of 50 million dollars to build the new terminal at Ibrahim Nasir International Airport. An agreement was signed between...

LATEST ARTICLES

Hoandedhdhoo Council Opens Bids for Major Sustainable Agricultural Project on Kannigillaa Island

Hoandedhdhoo Council has announced the launch of a large-scale sustainable agricultural project on Kannigillaa, an uninhabited island in Gaafu Dhaalu Atoll. Bidding...

MMPRC Launches Nationwide Landmark Design Competition to Showcase Maldivian Heritage

The Maldives Marketing and Public Relations Corporation (MMPRC) has announced a nationwide competition inviting Maldivians over the age of 18 to design...

Tourism Revenues Propel Maldives’ Fiscal Year as Infrastructure Investments Surge

The Maldives government’s financial report for the period ending 24 October 2024 reveals a persistent budget deficit, with expenditure outpacing revenue. Cumulative...

Future Summit 2024 Outlines Path for Sustainable Tourism in Maldives

Held at Kurumba Maldives, the Future Summit 2024 brought together over 150 industry leaders, government officials, and tourism experts to discuss the...

Maldivian Resumes Scheduled Flights to Kooddoo Airport Post-Runway Renovations

Maldivian, the national airline of the Maldives, has resumed scheduled flights to Kooddoo Airport following recent runway renovations. The route, connecting Gaafu...
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