The Government launches website to keep public informed of the Budget 2017

Investing November 13, 2016

The Government launches website to keep public informed of the Budget 2017

A booklet and a website to convey the information regarding the budget for the next year was launched today by the government. In a function...

Investing April 17, 2017

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...

Investing July 31, 2017

BML Has Opened a New Customer Service Center in Male’ Square

Bank of Maldives (BML) has opened a new customer service center in Male’ Square located in Ameenee Magu, Gaakoshi Flat. The new customer service center...

Investing November 17, 2016

Japanese mail-order firm opening Westin resort in Maldives

Catalog shopping giant Belluna is building a resort hotel in the Maldives under the Westin brand to tap the rise in Japanese, Chinese and...

Investing September 5, 2017

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...

Investing April 27, 2017

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...

Business May 29, 2018

MWSC Obtains a Profit of MVR 264.7 Million

Male' Water and Sewerage Company (MWSC) has obtained a net profit of MVR 264.7 Million for the year 2017. This is a fall from...

Investing February 18, 2017

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 location near Artificial Beach in Male’. The new facility...

Business October 4, 2018

World’s Largest Underwater Restaurant nears Completion

The underwater restaurant “Under” located near to the southernmost tip of Norway under five meters is the first of its kind in...

Investing April 13, 2017

CMDA Issues Custodian License to Bank of Mauritius

Capital Market Development Authority (CMDA) has issued a license to provide custodial services to Mauritius Commercial Bank Maldives Private Limited (MCB) today. The license was...

Investing October 3, 2016

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...

Business January 1, 2018

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...

Investing September 3, 2017

Blackstone Looking to Sell Seaplane Operator in the Maldives

Blackstone Group LP may cash out from the Maldives, the tropical island chain known for its white-sand beaches and turquoise seascapes. The buyout firm is exploring...

Investing September 13, 2016

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...

Investing April 7, 2017

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...

Investing October 19, 2016

MTCC plans to list themselves in the Mauritius Stock Exchange

MTCC, which is the one of the largest construction and logistics companies in the Maldives is in discussions with the Mauritius Stock Exchange to get listed...

Investing February 7, 2017

25 New Resorts to Open in Maldives in 2017

President Yameen Abdul Gayoom has stated that 25 new resorts will be opening in the Maldives in 2017, during the Presidential Address at the...

Business May 30, 2018

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...

Business June 10, 2018

Corporate launching of Maldives’ most advanced ecommerce platform Koo.mv held, open to public by...

Koo.mv, the most advanced online marketplace and the first of its kind in the Maldives, has been launched to corporates by Laniakea Trade at...

Investing October 23, 2016

AT&T acquires Time Warner for $85.4 Billion

The multi national conglomerate At&t has acquired Time Warner company for $85.4 billion after days of much speculation. The massively popular show, Game of Thrones...

Investing August 9, 2016

Bank of Maldives participates in the Credit Guarantee Scheme by MMA

Bank of Maldives has confirmed its participation in the Credit Guarantee Scheme which was launched this morning by the Maldives Monetary Authority (MMA). Under...

Investing February 6, 2017

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...

Investing July 26, 2016

Dhigufaru Island Resort to open in August

Dhigufaru Island Resort in Baa Atoll has been set to open on August 15th. This will be the second opening this year after "Finolhu"...

Investing May 4, 2017

BML TO LAUNCH NEW INTERNET BANKING PLATFORM

Bank of Maldives is set to launch a technologically advanced and user friendly new internet banking platform for its personal customers. Details were unveiled...