BML Prospect – Connecting Talent with Opportunity’ will help colleges produce job-ready graduates

Bank of Maldives has today signed an agreement with five leading higher education institutions to collaborate in a program to provide students with practical...

AccorHotels invests US $16.8m in Banyan Tree

Banyan Tree Holdings and AccorHotels have entered into a long term partnership to develop and manage Banyan Tree-branded hotels around the world. Banyan Tree will...

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...

Talks Underway for Haa Dhaalu Naagoshi Resort Project – MITDC

Maldives Integrated Tourism Development Corporation has announced that talks are underway for the Haa Dhaalu Naagoshi resort project to be switched to MITDC’s tenure. MITDC’s...

Habib Bank opens a branch in Hulhumale’

Habib Bank Limited (HBL), the second bank to open their business in Maldives, opened one of its branches in Hulhumale’ on Sunday morning. This is...

Second Round of Get Set MV Loan Scheme Announced

The second round of the Maldives Youth Entrepreneurship program, Get Set MV, has been announced. The Get Set MV scheme was launched to assist young Maldivians...

BML supports first privately owned company to go public in Maldives

Bank of Maldives has extended its support to the first Initial Public Offering (IPO) of a privately owned company in Maldives. The Bank signed...
Photo: Avas

MTCC Board approves Share Split and Rights Issue

On 08th January 2017, the Board of Directors of MTCC Plc has proposed a share split and a rights issue. Chairman Mr. Ahmed Niyaz...

Dhiraagu introduces Fibre Broadband to Laamu Atoll

Dhiraagu announces the roll out of its Fibre Broadband Service, to Laamu atoll, with the fastest internet speed of 100 Mbps and the largest...

MTDC profits up by 69%

Maldives Tourism Development Corporation has released the official report for the fourth quarter of 2016, from October to December, indicating a clear 69% increase...

Boutique island resort in Baa Atoll, Milaidhoo now Open

Set in the heart of a UNESCO Biosphere Reserve in the Baa Atoll region, the luxury boutique resort Milaidhoo Island Maldives is now open....

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...

Maldives becoming a hub for Islamic Banking & Halal industry in South Asian region

Mostly people know about Maldives as an idyllic tropical island holiday destination, but little is known about the fact that the country is making...

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...

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...

STO to organize projects to ensure food security in Maldives

State Trading Organization has planned to initiate numerous programs to ensure hassle-free food availability, announces Mr Hussain Amru, Managing Director of STO. Since all aspects...

LATEST ARTICLES

Restaurant and Hotel Prices Surge Nearly 30 Percent Year-on-Year in Maldives

Prices in the restaurant and accommodation sector have risen by nearly 30 per cent over the past year, according to the...

Gov’t Eyes Fast-Paced Rollout of 550 Development Projects

President Dr Mohamed Muizzu has announced that physical work on more than 550 development projects—including both new and previously stalled initiatives—will...

Bayfancy Residence: Smart Living with a Personal Touch

Start your day with the warmth of natural light filtering in as your bedroom adjusts to a comfortable 22°C, a thoughtful touch...

President Hails Rise in Dollar Remittances, Says USD 150M Sent to Banks Since January

President Dr Mohamed Muizzu has revealed that USD 150 million has been remitted to local banks since January under the new...

Last Chance to Tap and Win: Ooredoo’s Karaa Felhun Game Ends Soon with Grand...

Gaming fans across the Maldives are being reminded that time is nearly up to join Ooredoo Maldives’ popular Ramadan mobile game, Karaa...
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