Profit made by banks in the third quarter increased by 14%

Profit earned by banks in the Maldives increased by 14% during the third quarter of 2017. According to Maldives Monetary Authority (MMA), by the...

Maldivian acquires their 12th Seaplane

National Airline, Maldivian has acquired their 12th seaplane in order to expand their services. The aircraft landed at Velana International Airport on the 20th of...

Destination Marketing of Dubai and lessons for Maldives

As Dubai oil reserves drained off, many expected the same fate will happen to Dubai economy.  However, Dubai managed to overcome all barriers and...

Hard Rock Hotel Maldives to Debut in October 2018

Globally recognized as a world-class entertainment and lifestyle brand, Hard Rock International has announced their plans to expand its portfolio with Hard Rock Hotel...

Kurumba Maldives awarded the Best Luxury Family Beach Resort in the world

The multiple award-winning resort, the pioneer of the Maldives tourism industry, Kurumba Maldives has been recognised as 2017’s Best Luxury Family Beach Resort in...

Maldives registers prominent increase in Chinese tourist arrivals

Maldives recorded significant development from Chinese travel market due to increase in arrivals from China, the destinations biggest source market. This is the first...

National Reserve Expected to Increase by year end: MMA

According to Maldives Monetary Authority (MMA), the national reserve of Maldives will record an increase by the end of the year. The central bank forecasts...

Value of goods exported in November recorded at 99% more compared to 2016

Exported goods in November 2017, showed 99% increase compared to that of 2016. According to the reports published by Maldives Customs Service, in November...

Bain Capital and Tempus Group acquire TMA for around $550 million

Bain Capital LP, together with Chinese partner Tempus Group Co. has purchased Trans Maldivian Airways (TMA) from Blackstone for around USD 550 million. According...

Maldives Investment Forum 2017 commences in Dubai

The fourth edition of Maldives Investment Forum (MIF) began in Dubai International Convention and Exhibition Centre on 18 December 2017. The prime investment event...

Maldives among the countries with the fastest Islamic Finance development

Maldives was named as one of the countries with the fastest development of Islamic Finances. According to ICD-Thomson Reuters Islamic Finance and Development Report...

Corporate Maldives GOLD 100: The Award

The GOLD 100 award is an award presented by Corporate Maldives to recognize achievement mainly in the business sector of the Maldives. The annual...

Tourist arrivals in Maldives for 2017 expected to be 7 percent more than the...

The number of tourist arrivals in the Maldives during 2017 is expected to be 7 percent more compared to previous year.  According to Tourism...

Will an “Underwater Theme Park” boost Maldives Tourism Sector?

Globally theme parks are an important component in developing tourism demand. In some destinations theme parks can be the main reason why tourists consider...

Winners of ‘Adventures of Maldives’ videography competition awarded

The top ten videos of the Adventures of Maldives Video Competition have been awarded at a ceremony held in Hotel Jen. The ceremony was...

Dhiraagu handovers donations to partnering NGOs of Dhiraagu Maldives Road Race 2017

Donations of MVR 352,010 received for Dhiraagu Maldives Road Race 2017, was handed over to NGOs by the company. The donations were handover by the...

CTL Strategies highly recommended by Asialaw in Maldives taxation matters

CTL Strategies LLP has been ranked by AsiaLaw Profiles as one of the top-tier law firms in the Maldives. CTL Strategies has been highly recommended...

Bank of Maldives to host major Asian banking conference in 2018

Bank of Maldives (BML) is to host a major regional banking conference in the Maldives next year. The Asian Bankers Association (ABA) has announced...

Dhiraagu LTE Broadband – Instant internet connection for home

Revamped LTE Broadband services were launched by Dhiraagu, the leading telecommunications provider in the Maldives. Dhiraagu's LTE Broadband services allow users to install an...

Trump’s Travel Ban and its Implications to Maldives

Travel and Tourism is a sector which had continues growth despite the political, economic and other adversities. Supreme Court allowing President Trump's travel ban...

FIVE Higher Education Trends you will see in the Maldives in 2018

Maldives higher education sector has seen many changes in the recent past. Many new colleges and training institutes have entered the concentrated market. With...

BML supports community in Fares Mathoda with new ATM

Bank of Maldives has opened a new Self Service ATM in GDh. Fares Mathoda as part of its commitment to supporting local communities. In addition...

MIRA earns 7.5% more than the projected income for November

Maldives Inland Revenue Authority (MIRA), records MVR 910.7 million in income for November 2017. This is 7.5 % more compared to the estimated income...

Corporate Maldives Academy (CMA) to host Maldives Marketers Forum in February 2018

Conferences and industry events are incredibly valuable for the organization and its growth. It is the perfect platform to learn so much from some...

LATEST ARTICLES

Registration for Ooredoo Maldives Fun Run Closes Today

The deadline to register for Ooredoo Maldives Fun Run, described as "The Happiest Run in the Maldives," is set to expire today....

Maldives Begins Talks to Refinance Over USD 1 Billion in Debt, Says Finance Minister

Finance Minister Moosa Zameer has announced that the Maldives has initiated discussions to refinance more than USD 1 billion in debt. Speaking...

Finance Minister Announce Gradual Reforms to Subsidy and Insurance Systems

Minister of Finance Moosa Zameer has announced that the government will implement reforms to the subsidy-issuing system in phases, with a focus...

Dhiraagu Partners with National Skills Expo to Empower Maldivian Youth

Dhiraagu has officially signed on as the exclusive Digital Partner for the upcoming Dhaalan: National Skills and Career Expo 2024. The event,...

MIRA Issues Regulation for Special Economic Zones Following Agreement with IFZA

The Maldives Inland Revenue Authority (MIRA) has issued a regulation outlining the submission requirements for developers and investors operating within the country’s...
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