STO Announces a Third Quarter Net Profit of MVR 100 Million!

State Trading Organisation (STO) has announced a profit after tax of MVR 100 million for the year's third quarter.

State Expenditure is MVR 10 Billion Higher Than Revenue

On Wednesday, the Ministry of Finance released a report on the weekly fiscal developments, which revealed that the government's expenditure stands at...

Guesthouses in Greater Male’ to Hopefully be Opened by Mid-December: Tourism Minister

Tourism Minister Dr. Abdulla Mausoom has stated that there is hope of reopening guesthouses in the Greater Male' area as early as...

BML Supports to Establish a Community Picnic Area at Kan’doodhoo Beach

Bank of Maldives yesterday has announced the opening of a picnic area at Th. Kandoodhoo beach with the support of 'Aharenge Bank'...

Maldives’ Real GDP Projected to Grow by 13.5% in 2021

The real gross domestic product (GDP) is projected to grow by 13.5% next year, according to a report released by Maldives Monetary...

Sheraton Maldives Full Moon Resort & Spa to Introduce Marine Conservation Purpose-Driven Experience

Against the backdrop of the global pandemic, and with travelers increasingly aspiring to make a positive impact on the communities they visit...

BML Supports Establishing Safe Drinking Water System in GA. Atoll School

Under its community fund, Bank of Maldives (BML) has supported the GA. Atoll School located in Kolamaafushi in providing safe drinking water...

Komandoo Maldives Welcomes Back Chef Christian Wiedenmann

Komandoo Maldives has welcomed back Christian Wiedenmann as its Executive Chef. After leaving in 2013 to continue his culinary journey back in...

Maldives Showcased at the Arabian Travel Market!

Maldives is being showcased at the Arabian Travel Market (ATM) which is the market leading international travel and tourism event for the Middle...

FM Shahid Officially Sworn In as President of UN General Assembly

Foreign Minister of the Maldives Abdulla Shahid has been officially sworn in as President of the 76th Session of the United Nations...

MTCC Generates MVR 485 Million as Revenue in Third Quarter

Maldives Transport and Contracting Company (MTCC) has earned MVR 485 million in revenue during the third quarter of 2021, up 14.5 percent...

UNDP Maldives Together with Dhiraagu Commences ‘Film for Change: Climate Edition’

The United Nations Development Programme (UNDP) in the Maldives in partnership with Dhiraagu has commenced ‘Film for Change: Climate Edition’, with an...

Underwater Experiences in the Maldives Showcased at Malaysia International Dive Expo 2021

Dive and underwater experiences available in the Maldives showcased at Malaysia International Dive Expo (MIDE) 2021. Visit Maldives is taking part in...

First Lady Inaugurates 50-Hour Dive Event “Ocean 6|50”

First Lady Fazna Ahmed on Thursday afternoon inaugurated "Ocean 6|50"—an extreme diving event organised to mark the 50th anniversary of the Maldives’...

The Muslim World League Secretary-General Calls on the President

H.E. Sheikh Dr Mohammed bin Abdulkarim Al-Issa, the Secretary-General of the Muslim World League (MWL), on Monday morning paid a courtesy call...

Keiretsu — Leading the Way Forward in Technology and Human Connection

A technological revolution is upon us, fundamentally altering the way we live, work, and relate to one another. In its scale, scope,...

BML Reports Positive Second Quarter Results

Bank of Maldives has reported positive financial performance for the second quarter of 2022. With good performance in all core business lines...

TTM Maldives 2022 Gold Partner: Maldives Airports Company Limited (MACL)

Operator of Velana International Airport (VIA), Maldives Airports Company Limited (MACL) is a gold partner for TTM Maldives 2022, the country’s leading...

Villa College to Hold Open Day on 16th December

Villa College has announced that it will hold an Open Day on Friday, December 16, 2022, to provide information about the courses...

Flydubai Delays Addu Flights to June 24th, Offers Alternatives for Affected Passengers

Flydubai, a government-owned low-cost airline from the UAE, originally planned to begin direct flights to Addu in February. However, these flights have...

MTCC Completes M. Kolhufushi Shore Protection Project

Maldives Transport and Contracting Company (MTCC) has completed the M. Kolhufushi shore protection project. Kolhufushi residents earn mainly...

Bank of Maldives Reduces Kiyaavaa Loan and Education Financing Rate to 5%

Bank of Maldives has announced the reduction of its student Kiyavaa Loan and Education Financing rate to 5%, effective 1st February 2023....

83 Teams Sign Up for Ooredoo Masrace 2023

Ooredoo Maldives announced the overwhelming success of the registration phase for Ooredoo Masrace 2023, the highly anticipated annual fishing competition. With an...

Planning Ministry Reveals Socio-Economic Insights from RTL Ferry Service Survey in Zone 1

The Ministry of National Planning, Housing, and Infrastructure has recently published the findings of the socio-economic impact study conducted on the Raajje...

LATEST ARTICLES

SBI Announces Sale of Maldivian Resort Lease Rights for Potential Investors

The State Bank of India (SBI) Male' branch has launched the sale of leasehold rights for two prominent Maldivian resorts—Dholhiyadhoo Island Resort...

Finance Ministry to Resume Weekly Fiscal Reports After Four-Month Hiatus

The Ministry of Finance has confirmed that it will resume publishing the Weekly Fiscal Developments (WFD) report this week, ending a four-month...

Maldives Secures Position on CATA’s Management Committee, Appointed as Regional Director for Asia

The Maldives has been elected to the Management Committee of the Commonwealth Association of Tax Administrators (CATA) and has been appointed as...

Maldives to Host Tourism Symposium in Addu to Boost Southern Tourism

The Maldivian government has announced plans to host a tourism symposium in Addu next year, an initiative aimed at elevating the city’s...

Maafaru International Airport Resumes International Flights Following Runway Expansion

Maafaru International Airport in Noonu Atoll has resumed international flight operations after a period of halted service due to runway expansion. Originally...
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