Housing Development Finance Corporation to distribute MVR 22 as dividend

Investing May 8, 2018

Housing Development Finance Corporation to distribute MVR 22 as dividend

Housing Development Finance Corporation (HDFC) has announced that they are to distribute MVR 22 per share as dividend for the financial year of 2017. This...

Business December 27, 2017

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....

Investing January 21, 2017

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...

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 March 15, 2017

BML to disburse MVR 107 million as 2016 dividends

Bank of Maldives' Board of Directors has disclosed that MVR 107.6 million will be disbursed as dividends for the year 2016, at a rate...

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 June 13, 2017

MIRA records over MVR 1.2 Billion in revenue for May 2017

Maldives Inland Revenue Authority (MIRA) has revealed that they have received MVR 1.2 billion in revenue for the month of May 2017 showing an...

Investing December 24, 2016

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...

Investing May 31, 2017

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...

Investing April 19, 2017

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...

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 February 8, 2017

Talks Underway to Increase Saudi Investments in Maldives

Maldivian Ambassador for Saudi Arabia and Non-Resident Ambassador for Kuwait and United Arab Emirates Mr. Abdullah Hameed has begun talks with members of the...

Business January 13, 2018

MIRA reports increase in revenue by 6.8%

Revenue collected by Maldives Inland Revenue Authority (MIRA) has increased by 6.8% from expected figures. The government tax authority confirms that the state collected MVR...

Business January 15, 2018

MMA’s reserve increased by 10.8% compared to 2016

There has been a 10.8% increase in the Central Bank's reserve by the end of December 2017. In their financial statement for the month of...

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...