Collected revenue until end of May is MVR 1.14 billion

MIRA has collected MVR 1.14 billion as revenue in May 2016. This amount is 19.6% more than the amount collected in May 2015. Also...

Dhiraagu records profit of MVR 210 million

Dhiraagu, the leading telecommunication service provider in Maldives had a successful third quarter with a recorded profit of MVR 210 million. According to the financial...

Maldives Projected to Achieve Record-Breaking Nominal GDP of MVR 100 Billion

The Ministry of Finance has announced that the country's nominal GDP is projected to reach MVR 100 billion this year, marking a...

Fuvahmulah City Internal Roads Construction Project 73% Complete!

Maldives Transport and Contracting Company (MTCC) has provided an update on the Fuvahmulah City Internal Roads Construction Project. The...

Maldives’ Government Unveils New Reduced Internet Prices and Speed

The Maldives' government has unveiled new and reduced prices for internet services as part of their plan to make broadband and mobile...

Dhiraagu Partners with CA Maldives for Maldives Accountants Forum 2024

Dhiraagu has announced its partnership with the Institute of Chartered Accountants of the Maldives (CA Maldives) for the Maldives Accountants Forum (MAF)...

Asia Forwarding – 15 Years in shipping and logistics support in the Maldives

Asia Forwarding is celebrating 15 wonderful years in shipping and logistics support in the Maldives. In the year...

Morteza Capital Becomes the First Regulated Hotel Investment Manager in the Maldives

Morteza Capital Ltd, an investment management and advisory firm specializing in hotel and leisure investments, has been awarded an Investment Adviser’s License by the...

Tourism Ministry Announces Investment Opportunity In A Tourist Hotel with A Yacht Marina

The Government of Maldives represented by the Ministry of Tourism invites eligible investors, local or foreign, to submit their interest to develop...

Addu City to Convert Entirely to Renewable Energy

Addu City is set to generate all its electricity from renewable energy sources, a significant step towards sustainability. Mayor Ali Nizar has...

Guesthouse symposium 2018 held on the 29th of December

A guesthouse symposium has been held in the Maldives as part of the first 100 day pledges of President Ibrahim Mohamed Solih. The symposium...

First National Guides MWSC’s MVR 400 Million Bond Launch

The Malé Water and Sewerage Company (MWSC) has launched its first bond offering, with First National Finance Corporation serving as the Principal...

Tourist Arrivals Surge by 11.9% in March Compared to Last Year

Tourism in the Maldives is on the rise as recent statistics from the Ministry of Tourism reveal a significant increase in tourist...

Vilimale’ to benefit from 24/7 self service banking and upgraded branch premises

Bank of Maldives today stepped up its investment in Vilimale’ with a new Self Service Banking Centre which will facilitate local individuals and businesses...

FENAKA’s Solar Project Set to Cut Diesel Consumption and Save Millions

FENAKA Corporation Limited is advancing its solar energy programme to enhance energy production and reduce reliance on diesel across the Maldives. The...

Maldives Ambassador to the UK Signs Global Pledge on Media Freedom

Maldives Ambassador to the United Kingdom (UK), Dr. Farahanaz Faisal has signed a Global Pledge on Media Freedom on 11th July 2019.

Mission for Migrant Workers Partners with the Space to Donate Meal Packs to Those...

Mission for Migrant Workers (MMW) has partnered with local restaurant, The Space, to donate Iftar meal packs to migrant workers in need...

Maldives Records 24% Rise in Outward Remittance Last Year

Maldives Monetary Authority (MMA) has revealed in its annual report that USD 92.4 million was recorded as outward remittance in 2020, up...

Visit Maldives Signs as Official Partner for Maldives Virtual Tour

Maldives Marketing and Public Relations Corporation (MMPRC) has signed as the official partner for Maldives Virtual Tour. Maldives Virtual...

Finance Ministry Renames Financial Controller Post to Accountant General

In a recent announcement, the Finance Ministry has renamed the post of Financial Controller to Accountant General, under Article 44 of the...

EyeCare Announces Exciting Promotion for Children’s Day

EyeCare Opticals has announced a promotion to celebrate Children’s Day.   During the one-day promotion, customers can enjoy 20% discount...

Swiss Developer Plans Major Resort Expansion

A Swiss-backed development company plans to reclaim eleven islands and 24 sandbanks in the Maldives' Noonu Dhigufaru lagoon as part of a...

Maldives First 360° Destination Video Launched by Maldives Virtual Tour

Maldives first 360° destination video has been launched by Maldives Virtual Tour, in association with Maldives Marketing and Public Relations Corporation (MMPRC). 

Premium Supplies – A year In

“Startup is a State of mind” according to Adora Cheung CEO of US start up Home JOY. “It’s when people join your company and...

LATEST ARTICLES

Maldives’ Usable Reserves Rise to USD 63.2 Million

The Maldives Monetary Authority (MMA) has reported that the country’s usable reserves stood at USD 63.2 million at the end of 2024....

New Companies Act Requirements Now in Effect in the Maldives

As of 1 January 2025, the regulatory changes introduced under the Companies Act (Law Number: 7/2023) are now fully in effect across...

VIA Starts Afcom Cargo Service with Tri-Weekly Flights from Chennai

On Sunday, Velana International Airport celebrated an important milestone with the arrival of the inaugural Afcom Cargo flight from Chennai, India. The...

Defence Minister’s India Visit Strengthens Maldives-India Ties

Defence Minister Mohamed Ghassan Maumoon’s three-day visit to India from 8 to 10 January marked an important milestone in bilateral relations, with...

Maldives Reaffirms Renewable Energy Commitments at IRENA 15th Assembly

The Maldives reaffirmed its commitment to renewable energy transition at the 15th Assembly of the International Renewable Energy Agency (IRENA) held in...
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