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...
Demand for Omni-Channel Marketing in Maldives
Technology plays a vital role in Maldives consumer decision-making process. Marketers are coming up with innovative ideas and concepts to satisfy the customer demand....
Government to launch a special initiative to aid resorts near completion
The government has launched a special initiative to aid resorts near completion in a bid to boost bed capacity in the Maldives
Tourism Minister Moosa Zameer...
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 to six different Asian countries, including Maldives, in order...
Business Trends That Will Drive Success in 2018
Business Trends That Will Drive Success in 2018
With the dawn of a new year, new business aims and objectives are set or renewed to...
Over 30 Merchants have Signed up to be Partners for Koo.mv
More than 30 merchants have signed up to be partners for Koo.mv, the most advanced online marketplace and the first of its kind in...
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...
Maldives drops three position on Doing Business ranking
Maldives plunges three position down from the recent report on "Doing Business 2016", published annually by the World Bank. Doing Business 2016 is an...
Accelerated growth in Topline & Reserves enables YOY Dividends and Surplus Payments to Participants
Amana Takaful (Maldives) PLC, the only Shariah Compliant listed entity in the Maldives Stock Exchange, has concluded its Sixth Annual General Meeting on 14th...
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...
USD 220 million withdrawn from BML USD ATM service & MVR 23 billion worth...
Bank of Maldives has announced that over USD 220 million has been withdrawn from BML USD ATM service & MVR 23 billion worth transactions...
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...
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...
Madivaru Airport Project Handed to Kuredu Holdings
Madivaru Airport project has been handed to Kuredu Holdings.
An initial signing ceremony took place yesterday at the underwater restaurant in Hurawalhi Maldives. From Kuredu Holdings,...
Ministry of Finance and Treasury to Issue International Sovereign Bonds worth USD200 million
Ministry of Finance and Treasury has announced the decision to issue sovereign bonds worth USD200 million to the international market. The bonds are to...
Commercial Bank of Maldives to commence banking operations in last quarter
Tree Top Investments have announced the opening of Commercial Bank of Maldives (CBM). Commercial bank of Maldives is set out to enhance and improve the...
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...
Damas Real Estate launches ambitious “One Avenue” project in Hulhumale’
One Avenue is the latest ambitious project by Damas Real Estate, a subsidiary of Damas Company Pvt Ltd. The residential neighborhood apartment complex is...
Global Halal Industry worth $3.66 trillion
The strength and the prosperity of the global halal industry has been trumpeted all over the news. The rise of Generation M - formally...
Dream Hotel Group Signs Two Resorts in the Maldives
Dream Hotel Group signed two hotels in the Maldives with local entrepreneur Mohamed Manik and Alpha Kinam Holdings to develop The Chatwal Maaga Maldives and Dream Gasveli...
State revenue increases by 16 percent more than predicted figure
State revenue has increased by 16 percent more than the predicted figures.
According to statistics report by government taxation...
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 to step up its support for retailers across the...
BML expands investment in Baa Atoll with new ATM in Dharavandhoo
Bank of Maldives has continued to scale up its investment in B. Atoll with the introduction of a new Self Service Banking ATM in...
Maldives prints debut US$200m sovereign bond
The Republic of Maldives printed their debut USD dollar bond on June 1st, 2017 in a deal arranged by BoCom International, making it the...
LATEST ARTICLES
Tourism Sector GST Falls as Key Revenue Source in First Two Months of 2025
Maldives’ revenue collection for the first two months of 2025 reveals a mixed picture, with February marking a year-on-year increase while...
Tourism Ministry Announces New Resort Bids in Key Atolls
The Ministry of Tourism and Environment has opened bidding for the lease, development, operation, and management of tourist resorts in three...
President Muizzu Visits Liverpool to Kick Off Tourism Campaign with Liverpool FC
President Dr Mohamed Muizzu has departed for Liverpool, United Kingdom, to inaugurate a high-profile tourism promotion campaign in partnership with Liverpool...
Maldives Ups Minimum Spend on Sovereignty Projects to USD 100 Million
President Dr Mohamed Muizzu has amended Presidential Decree No. 2025/6, significantly increasing the minimum investment threshold for strategic development projects deemed...
Restaurant and Hotel Prices Surge Nearly 30 Percent Year-on-Year in Maldives
Prices in the restaurant and accommodation sector have risen by nearly 30 per cent over the past year, according to the...
