Dhiraagu introduces Fibre Broadband to additional two new islands of K. Atoll

Dhiraagu have announced the roll out of its Fibre Broadband Service, to K. Dhiffushi and K. Guraidhoo, with the fastest internet speed of 100 Mbps...

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...

BML Prospect – Connecting Talent with Opportunity’ will help colleges produce job-ready graduates

Bank of Maldives has today signed an agreement with five leading higher education institutions to collaborate in a program to provide students with practical...

Investment program is on track – BML CEO

Following a year in which Bank of Maldives recorded its best ever financial performance, CEO Andrew Healy has emphasized that the Bank is keeping...

BML Islamic set to launch its first financing products

BML Islamic is set to launch its first financing products in October. The announcement was made at the opening ceremony of BML Islamic’s new...

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...

Dhiraagu launches fibre broadband in B. Dharavandhoo

Dhiraagu has announce the roll out of its Fibre Broadband Service, to Baa Atoll Dharaandhoo, with the fastest internet speed of 100 Mbps and...

MVR 450 million budget proposed for SME Bank

Ministry of Finance has proposed a budget estimated at MVR 450 million for SME Development Finance Corporation (SDFC) for 2020.

MMA increases Credit Guarantee Scheme Allotment to 100million

Maldives Monetary Authority has announced that the allocated budget for the Credit Guarantee Scheme has been raised by 50million due to exceptionally favorable response...

MIRA reveals first quarter report for 2018: Records MVR 4.99 billion as revenue

Maldives Inland Revenue Authority (MIRA) has announced that they have collected MVR 4.99 Billion as revenue in the first quarter of 2018. In their quarterly...

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...

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...

BML Has Positive First Quarter with Strong Financial Results and Increased Investment Nationwide

MVR 300 million investment plan on track which will benefit 22 different islands and create 150 new jobs Bank of Maldives has made a positive...

Maldives Showcased Maldivian Fishing in the 15th INFOFISH World Tuna Trade Conference and Exhibition

Maldives showcased Maldivian Fishing in 15th INFOFISH World Tuna Trade Conference and Exhibition. The conference commenced on 28th May in Bangkok at the Shangri-La...

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...

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...
Photo: Sun.mv

Maldives keen on Indian investments in ports, airports

Maldives today sought investments from Indian Ocean Region countries including India, in areas such as airports, ports and maritime projects with a view to...

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...

CMDA formulates requirements to register investment funds

Capital Market Development Authority (CMDA) tables requirements to formulate investment funds in the Maldives. CMDA is an independent body responsible for developing and regulating the...

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...

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...

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....

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...

Now Open: Four Seasons first private island escape at Voavah, Baa Atoll

Now open, the world’s first exclusive-use hideaway in a UNESCO World Biosphere Reserve, Four Seasons Private Island Maldives at Voavah, Baa Atoll is a...

LATEST ARTICLES

The Price of Residency: What the Maldives Must Fix Before Welcoming Wealth

This week, the Maldives officially entered the global investment migration market. In partnership with Henley & Partners, the country is launching its...

MMPRC Acknowledges Financial Losses, Outlines Reforms and Marketing Push

The Maldives Marketing and Public Relations Corporation (MMPRC) has responded to heightened scrutiny over its financial performance, after audit and parliamentary reports...

Maldives Sees Modest Inflation Rise in May, Driven by Electricity and Food Prices

Inflation in the Maldives edged up in May 2025, with the Consumer Price Index (CPI) rising by 0.48 percent compared to April....

Business Owners Must Apply for Tobacco Licence by 17 July, Says HPA

The Health Protection Agency (HPA) has reminded business owners that 17 July is the deadline to apply for a licence to conduct...

MMA Report: Resort Tourism Dips Even as Tourist Arrivals Surge in May

Tourist arrivals to the Maldives rose by 13 percent in May 2025 compared to the same period last year, according to the...
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