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"...
Ayady Takaful launches Family Takaful package
In a press conference held in Mookai Hotel, Allied Islamic window; Ayady Takaful introduces family Takaful package. Family Takaful is a package especially designed...
MMA extends deadline to commence Commercial Bank of Maldives operations
MMA has decided to extend the deadline imposed in the conditions of CBM's Banking licence to 26th September 2016. The earlier deadline to commence...
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...
Luxury Maldivian resort “Soneva Fushi” is recruiting a bookseller
Philip Blackwell, the scion of bookseller family, needs a Man Friday for possibly the world’s most remote bookshop, based in the luxury eco-resort of...
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...
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...
Fitch Assigns Maldives First-Time ‘B+’ Rating; Outlook Stable
(The following statement was released by the rating agency) HONG KONG, May 15 (Fitch)
Fitch Ratings-Hong Kong-15 May 2017: Fitch Ratings has assigned The Republic...
Dhiraagu to Expand 4G LTE Service Nation Wide
Dhiraagu has announced that it has officially started its 4G expansion project to rollout the service across the entire country. Dhiraagu has engaged vendors to...
Hurawalhi Resort is Open
The luxury resort hotel has an undersea restaurant, a champagne pavilion, and 90 upscale villas, including 60 Ocean Villas and 30 Beach Villas. The...
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...
Maldives Investment Forum to be held on the 18th of December 2017 in Dubai,...
Ministry of Economic Development of Maldives has announced that they are to host their prime investment event “Maldives Investment Forum” on the 18th of...
Centara Announces Two More Properties in Maldives
Centara Hotels and Resorts has announced plans to construct/operate two more properties in the Maldives.
In an interview with Bangkok Post, the Senior Vice President...
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...
S.T.O records clean profit of MVR 288 Million: MVR 51 to be distributed per...
State Trading Organization (S.T.O) has decided to distribute MVR 51 as dividend per share at their Annual General Meeting based on their previous years...
STELCO to Construct Back-up Generator in Male’ Industrial Village
Ministry of Housing has awarded a 10,000 square feet land in Male’ Industrial Village to State Electric Company Limited (STELCO) to construct and operate...
MTCC to revolutionize Maldivian stock market once again
Maldives Transport and Contracting Company Plc first sold their shares to the public in 1980. In 1984, they went for a second round of...
“Corporate Maldives: Investor’s Guide” to be launched in the last quarter of 2017
"Corporate Maldives: Investor's Guide" will be launched in the last quarter of 2017. This guide will be written entirely in English and is divided into major sections...
Maldives invites developers to purchase islands and lagoons
The announcement, made on Wednesday by the Maldives’ Ministry of Tourism, included a series of different island plots, all of which are available on...
New Self Service Banking ATM to support local community in LH. HINNAVARU
Bank of Maldives has introduced Self Service Banking in Lh. Hinnavaru, with a new ATM that will support the banking needs of the local...
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...
Bank of Maldives shareholders to receive record dividend
Bank of Maldives has confirmed that its shareholders will receive a record dividend for the fourth consecutive year. Shareholders voted to approve the proposed...
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...
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...
LATEST ARTICLES
Report: Maldives Grapples with Dollar Crisis as Public Debt Surpasses MVR 135 Billion
The Maldives is facing a severe dollar crisis that has ignited intense discussions among government officials, business leaders, and citizens. The escalating...
Budget Committee Approves 2025 Budget with Enhanced Oversight Conditions
The Budget Committee of Parliament has approved the proposed 2025 budget, incorporating amendments aimed at increasing transparency and fiscal accountability. The decision...
Ministry of Fisheries Launches Work on 25-Year Fisheries Masterplan
The Ministry of Fisheries and Ocean Resources has commenced efforts to develop a 25-year masterplan aimed at guiding the sustainable growth and...
High Costs and Allegations of Corruption Plague Aasandha System
Aasandha CEO Aminath Zeeniya has raised concerns about the high prices charged by major private hospitals, revealing that discussions are ongoing to...
Destination Future Raises Concerns Over New Dollar Exchange Policies
Destination Future, a Maldivian NGO dedicated to sustainable development, has raised significant concerns about the government’s recent changes to the dollar exchange...
