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...
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