Islamic economy said to be worth more than $3000 billion in 2015

Global Muslim spend across sectors of the Islamic economy surpassed $1.9 trillion in 2015, while the Islamic Finance sector has around $2 trillion in...

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...

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...

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...

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...

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...

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...

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...

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...

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...

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...

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...

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...

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...

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...

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...

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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...
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