TMA expands Aircraft fleet

Trans Maldivian Airways (TMA) has added another aircraft to its existing fleet. The additional aircraft, a De Havilland DHC-6 Series 300, arrived this afternoon...

Dhiraagu opens pre-order for Samsung Galaxy Note 9

Dhiraagu announced that Samsung’s popular Galaxy Note 9 mobile phone is available for preorder. Dhiraagu is offering instalment payment options available for postpaid customers. With...

Dubai surpasses 100,000 hotel rooms in portfolio & boasts highest spending tourists worldwide

The emirate of Dubai has officially reached 100,000 rooms across its expanding hotel and hotel apartment inventory. Dubai surpassed 100,000 rooms following the opening of...

350 Luxury Flats to Be Built in Rasfannu Area by 2020

The government of Maldives has handed over the huge project of constructing 4 towers of 25-story buildings containing 350 luxury flats to a Singapore...

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...

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...

Ministry of Finance and Treasury to Issue International Sovereign Bonds worth USD200 million

Ministry of Finance and Treasury has announced the decision to issue sovereign bonds worth USD200 million to the international market. The bonds are to...

Summer Island Maldives Scoops Two Accolades at South Asian Travel Awards

Summer Island Maldives has won two prestigious awards, for South Asia’s Leading Beach Resort / Hotel and Maldives’ Leading Beach Resort / Hotel, at...

Sri Lanka’s Hayleys buys Maldivian resort “Kudarah” for US$23mn

Sri Lanka’s Hayleys PLC has acquired a Maldivian resort named Kudarah Island Resort through their subsidiary Luxury Resort private limited for 23 million US...

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...

Think Advertising and Taste magazine to bring the largest coffee festival in Maldives together...

Local advertising & marketing leader Think Advertising and the first and only bi-monthly food magazine Taste, collaborate to bring the largest ever...

BML first half Net Profit up 152% to 570 million rufiyya

Bank of Maldives’ financial performance has continued its positive trajectory with first half Profit After Tax up 152% on the same period last year...

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...

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...

Damas Real Estate launches ambitious “One Avenue” project in Hulhumale’

One Avenue is the latest ambitious project by Damas Real Estate, a subsidiary of Damas Company Pvt Ltd. The residential neighborhood apartment complex is...

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...

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...
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