First ever Medical Spa now officially opened in the Maldives
Local trading company, SIMDI Group has opened a medical spa by the name "Inspire". Inspire MediSpa was officially opened in a grand ceremony held...
Baa Atoll Summer Festival – Six Resorts, 14 Days, One Event
Summer is coming and what better way to welcome our guests than joining forces with other resorts in Baa Atoll to offer our best,...
BML Shareholders to receive Record Dividend
Bank of Maldives’ shareholders tonight voted to approve a dividend pay-out of MVR 118.4 million (MVR 22 per share) at the Bank’s Annual General...
BML CEO proud of the company’s progress
Following a strong year for Bank of Maldives, CEO Andrew Healy updated shareholders at tonight’s AGM on performance trends since 2014 when the Bank...
Main goal of TTM 2019 is to bring Top 200 operators from Top 30...
Organizers of TTM have announced that the main goal of TTM 2019 is to bring Top 200 operators from Top 30 markets to Maldives....
2017 – A prosperous year for Maldives tourism with $2.7 billion
The year 2017 was a prosperous one for the tourism sector, as evidenced by the impressive growth in tourist arrivals, which soared to its...
Reethi Faru Resort welcomed into the Preferred Hotels and Resorts Alliance
Recently opened in the Maldives during December 2017, Reethi Faru Resort joins the Preferred Hotels and Resorts Alliance, the world's largest independent hotel brand. Reethi...
Fushifaru launches ‘Maldivian Mind, Body & Soul’ with all-women Maldivian Gurus
Fushifaru Maldives is partnering with some of the Maldives leading female wellness and creative figures to launch its wellness programme Maldivian Mind, Body &...
STO to hold the company’s AGM on 30th of May
State Trading Organization (STO) has announced that the company will hold their Annual General Meeting on the 30th of May.
In an announcement made by...
HDFC introduces housing loan schemes for youth
Housing Development Financing Corporation (HDFC) has introduced a feasible housing loan scheme targeted towards youths.
HDFC finances several housing projects including housing loan schemes; with...
BML to open longer than other banks during ramazan
Bank of Maldives has today announced it will support its customers with longer hours and more services than other banks during Ramazan. All of...
ACE announces “Makeover with ACE” contest
ACE Hardware & Home Centre Maldives has introduced “Makeover with ACE” social media photo contest. This successful contest was first introduced last year Ramadan...
MACL signs agreement with Think Advertising for publishing “VIA Maldives” Magazine
Maldives Airports Company Ltd (MACL) has awarded Think Advertising the right to develop and publish the official magazine of Velana International Airport, “VIA Maldives”....
Dhiraagu becomes a platinum corporate member of Maldivian Red Crescent
As part of their plans to support the valuable work in humanitarian efforts across the Maldives, Dhiraagu becomes a platinum corporate member of the...
HDFC to issue 10,000 bonds worth MVR 100 million
Housing Development Finance Corporation (HDFC) has announced plans to issue 10,000 bonds worth MVR 100 million to finance housing projects.
The bond will be issued...
Net profit of banks decreased by 17 percent in 2017
Net profit of banks in Maldives has decreased by 17 percent during the previous year.
The Annual Report published by the Maldives Monetary Authority (MMA)...
Brand New Postpaid Schemes Launched by Ooredoo Maldives
Postpaid packages introduced in early March by Ooredoo Maldives has been revamped and reintroduced to the market.
Under the new postpaid package scheme, package allowances...
Ministry of Tourism Reveals Land Acquisition Fee Structure
Ministry of Tourism has revealed the acquisition fees for tourism-related projects.
Under the law of developing tourist resorts, hotels, guesthouses and marinas- acquisition fee can...
Housing Development Finance Corporation to distribute MVR 22 as dividend
Housing Development Finance Corporation (HDFC) has announced that they are to distribute MVR 22 per share as dividend for the financial year of 2017.
This...
TTM 3rd Edition to be held on April 20th to 22nd 2019
TTM, also known as Travel Trade Maldives have scheduled their annual Travel Tradeshow in the Maldives to be held on April 20th till the...
Dhiraagu TV and Dhiraagu Fiber Launched in Kuda Huvadhoo
Dhiraagu IP TV and Dhiraagu Fiber has been launched at Kuda Huvadhoo.
The launching took place with a colourful festival which included a lucky draw promotion...
MIRA reveals first quarter report for 2018: Records MVR 4.99 billion as revenue
Maldives Inland Revenue Authority (MIRA) has announced that they have collected MVR 4.99 Billion as revenue in the first quarter of 2018.
In their quarterly...
Growth momentum sustained at Amana Takaful Maldives: Pays 10% Dividends. Record Claims payments
Amana Takaful (Maldives) PLC, the only Shariah-compliant entity, listed in the Maldives Stock Exchange concluded its seventh Annual General Meeting on 6th May 2018.
The...
Ooredoo Maldives hosts AGM- Decides to distribute MVR 3.20 per share
Ooredoo Maldives has decided to distribute dividends of MVR 3.20 per share based on the profit made by the company in 2017.
This was decided...
LATEST ARTICLES
Report: The Maldives’ Role in Shaping Global Climate Finance
The 29th Session of the Conference of Parties (COP29) of the United Nations Framework Convention on Climate Change (UNFCCC) convened in Baku,...
Bunkering Service Generates USD 1.5 Million in Revenue, Says Minister
Economic Minister Mohamed Saeed has revealed that the Maldives’ recently launched bunkering service has generated approximately USD 1.5 million in revenue. The...
President Muizzu Meets AIIB President at COP29 to Strengthen Development Cooperation
On the sidelines of COP29, President Dr Mohamed Muizzu held a meeting with Mr Jin Liqun, President and Chair of the Board...
Ooredoo Maldives Announces Record Date for Extraordinary General Meeting
Ooredoo Maldives has officially announced that its upcoming Extraordinary General Meeting (EGM) will take place in December 2024. The telecommunications company confirmed...
MP Urges Parliament to Address Tourism Sector Concerns Over MMA’s Dollar Rules
Galolhu North MP Mohamed Ibrahim (MDP) has urged the parliament to summon representatives from the tourism sector to address growing concerns surrounding...
