Money Changing Licenses Expire as MMA Receives 98 Applications Under the New Regulation
The Maldives Monetary Authority (MMA) has announced the expiration of money-changing licenses for businesses that failed to apply under the new Regulation...
Second Techstars Startup Weekend Maldives will commence from 4th to 6th May 2018
The Techstars Startup Weekend Maldives – Womens Edition is to be commenced on 4th May and will go until 6th May 2018, organized by the...
384 Dormant Accounts at Bank of Ceylon Announced, Funds to be transferred to MMA...
Bank of Ceylon has identified and announced 384 accounts which have had no activity for the past 5 years, to be closed and all...
President Extends Government Office Closure Till July 3
President Ibrahim Mohamed Solih has extended the duration of the previously announced government office closure, from June 29 to July 3, 2021....
Four Seasons Private Island Maldives at Voavah to Open This Year
At the end of this year it’s possible for luxury travelers to book an entire private island at the Four Seasons on the Maldives...
Patina Maldives, Fari Islands Announces Two Key Promotions
Patina Maldives, Fari Islands has announced the promotion of Afaag Ibrahim to Director of Sales of the Australian and Middle Eastern market...
Ahmed Didi Appointed as the Director of Sales and Marketing at Dhigufaru Island Resort
Ahmed Didi is an experienced sales and marketing professional with a demonstrated history of working in the hospitality industry over the years....
Maldives Emphasizes Sustainability and Diversification at ITB Berlin Press Conference
The Maldives' tourism officials used their platform at the ITB Berlin travel trade show to promote a vision of sustainable and inclusive...
Maldives Becomes a Member of Asian Oceanian Standard Setters Group
On 15th November 2022, Institute of Chartered Accountants of the Maldives was admitted as a member of the Asian Oceanian Setters Group...
Government Eases Bank Loan Repayment Conditions Amid COVID-19 Pandemic
The government has decided to extend the loan repayment period to 6 months to help business in the economic downfall caused by...
MMA Instructs Banks to Halt Dollars Being Used for Local Transactions Within Maldives
Central bank, Maldives Monetary Authority (MMA) has instructed commercial banks to only permit Maldivian Rufiya to be used for transactions conducted within...
Smuggling Scandal Sparks Parliamentary Scrutiny of Customs and Private Companies
The smuggling of 8,400 cartons of cigarettes into the Maldives last October has sparked fresh concerns over governance and corporate accountability, as...
Veligaa Opens Metabo Experience Center
Veligaa Hardware has opened up a Metabo tools experience center in the first floor of their Majeedhee Magu outlet. Veligaa Hardware is...
MIFCO Changes Payment Method to Solve Fishermen’s Biggest Problems
As an attempt to solve the delay in payments faced by fishermen in the country, MIFCO has changed the fixed payment rate...
Maldives Bans Foreigners from 25 Business Sectors to Tackle Illegal Immigration
The Ministry of Economic Development and Trade has announced a prohibition on foreigners conducting business in 25 specific areas in the Maldives....
Maldivians Travelling to Kazakhstan Now Exempted from Visa
Maldivian nationals travelling to Kazakhstan will be exempted from visa effective today, 14 September 2022.
The visa exemption...
President Concludes His Visit to Five Islands of Meemu Atoll
President Ibrahim Mohamed Solih, on Monday, concluded his official visit to five islands of the Meemu Atoll and returned to Malé. He...
This May Not be the Right Time to Implement Minimum Wage – Wage Advisory...
Minimum wage advisory board Chairman Mariyam Khaleedha has stated that when the decision of establishing a minimum wage was taken there was...
Maldives Olympic Committee in Partnership with ARC Launches Child Safeguarding Policy
President of the Maldives H.E. Ibrahim Mohamed Solih has launched the "Maldives Olympic Committee (MOC) Child Safeguarding Policy” developed by the Maldives...
Maldives Accountants Forum 2021 Now Open for Registration
The largest forum held in the country for Accounting professionals has opened for registration yesterday.
The Maldives Accountants...
Palm Beach Resort & Spa Ceases Operations
Palm Beach Resort & Spa, a property of Sun Sporting Holidays Ltd has announced that they are to cease operations of the resort due...
Dhiraagu launches exciting promotions for Ramadan
Following their trend for the past years, Dhiraagu kicks off Ramadan with exciting new promotions. Dhiraagu makes an extra effort to ensure that their customers...
Ooredoo Maldives Hosts SMB Meetup to Celebrate International MSME’s Day
On the occasion of International Micro, Small and Medium Enterprise (MSME) Day, Ooredoo Maldives hosted their SMB Meetup yesterday, where several SMB's...
MMA Reports Financial Growth in December 2024
The Maldives Monetary Authority (MMA) has published its financial position for December 2024, providing a window into the country's economic health and...