MMA to conduct the third phase of the 5% housing loan scheme
Maldives Monetary Authority (MMA) is preparing a 5% loan scheme for the public to build houses.
On MMA's...
A Community Park Opens in Hdh. Nellaidhoo
A community park opened yesterday at Hdh. Atoll Nellaidhoo. The construction of the park was funded by the Bank of Maldives Aharenge...
HDC Accumulates Debt of MVR 14 Billion
Housing Development Corporation Limited (HDC) has accumulated a total debt of 14 billion rufiyaa as per an announcement by the...
Ooredoo Maldives’ CFO Resigns
Chief Financial Officer of Ooredoo Maldives, Mr. Thabavalan Poobalasingam has resigned from his position.
In addition to his...
A Children’s Book Series Named ‘Laara Amaan’ Launched
A children's book series by the name "Laara Amaan" has been launched on 6th July 2019.
This book series...
State reserves remained at USD 712 million by the end of 2018
Governor of MMA, Mr. Ahmed Naseer stated that the state reserves remained at USD 712 million at the end of 2018 during...
Rashu Market in Hulhumale leased to the bidders
Twenty eight businessmen selected through bidding for the stalls on the newly constructed Hulhumale Island Market have signed their agreements.
SeaLife Housing issue to be tackled outside court
Within President Yameen's regime, people who paid in advance for the 3,000 housing units to be built in Hulhumale under an announcement...
MTCC face decline in profit in 2018
Maldives Trasport and Contracting Company (MTCC) stated that Sinamale Bridge and Mahaa Jarraafu were the two main reasons for the decrease in...
8 reasons why you cannot miss out Corporate Maldives Business Expo 2019
The first edition of Corporate Maldives Business Expo is scheduled to be held from 29 – 30th September 2019 at Dharubaaruge.
Government to Award Projects Under MVR 2.5 Million to SMEs
The government has decided to award projects which cost MVR 2.5 million or less, to Small and Medium Enterprises (SMEs).
World Bank Approves 2 Projects for Maldives
The Board of the World Bank has approved 2 projects for Maldives equaling to USD 30 million.
According...
FHAM 2019 Premier International Trade Fair to boost Hospitality & Tourism industry in the...
FHAM Exhibition and International Culinary festival for the hospitality and tourism industry in the Maldives and region will be held on 15th,...
Mr. Mohamed Shimah Appointed Head of Liabilities and Recoveries at HBL
Habib Bank Limited (HBL) has appointed Mr. Mohamed Shimah as the Head of Liabilities and Recoveries for the Bank.
Land to be Leased in GDh. Vaadhoo to Develop Guesthouses
The government has finalized to lease land from Gaaf Dhaalu Vaadhoo in order to support local tourism with the development of guesthouses....
Visit Maldives Travel Expo 2019 Begins in Malaysia
Visit Maldives Travel Expo (VMTE) has kicked off on 5th July in Malaysia.
The first of its kind...
STO Warehouse Sale 2019 Commences
With tremendous discounts on many products, State Trading Organization Plc. (STO) has commenced their warehouse sale for 2019.
The...
Government Registers 30 Foreign Investments in Seven Months
The government has registered over 30 foreign investments over the course of 7 months, as per the Ministry of Economic Development.
Transport Ministry Amends Routine for Services
Ministry of Transport and Civil Aviation has amended the routine for providing their services from 3rd July 2019.
MAHRP to Host an HR Knowledge and Best Practice Share Session
Maldives Association of Human Resource Professionals (MAHRP) has announced a session targeted for professionals in HR and management field.
Smoking While Driving Will Receive Immediate Penalties
Maldives Police Service (MPS) has announced that they are conducting a special operation against motor cycle riders who smoke while driving.
MTCC Signs Harbour Projects for 3 Islands
Ministry of National Planning and Infrastructure has signed with Maldives Transport and Contracting Company (MTCC) for the development of harbours in 3...
Bestbuy Maldives Welcomes A.V.S as new COO
Bestbuy Maldives (BBM) has appointed Mr. A.V.S Subrahmanyam as their Chief Operating Officer on June 2019.
Before his...
Ooredoo Maldives Partners With Ugail Foundation for AI Maldives 2019
Ooredoo Maldives and Ugail Foundation has announced their partnership for AI Maldives 2019.
Under this agreement, Ooredoo Maldives...