FHAM 2017 to be held in April at Dharubaaruge
FHAM 2017 International Exhibition is poised as the event of the year for the Business and Hospitality Industry of Maldives. Over the past years...
25 New Resorts to Open in Maldives in 2017
President Yameen Abdul Gayoom has stated that 25 new resorts will be opening in the Maldives in 2017, during the Presidential Address at the...
7% increase in Exports in 2016
Statistics from Customs reports have shown a 7% increase in exports in the Maldives in 2016 compared to the previous year.
According to the records,...
Air France to launch new service to Maldives
As of 1st November 2017, Air France will be offering two weekly flights to Malé, the capital of the Maldives, on departure from Paris-Charles...
Coco Collection opens Maldives’ first Turtle Rescue Centre in partnership with the Olive Ridley...
Coco Collection celebrated the opening of the first Turtle Rescue Centre at Coco Palm Dhuni Kolhu on 2nd February 2017, in an official and...
BML Point-of-Sale network expansion continues with 4,000th Merchant
Bank of Maldives has expanded its Point-of-Sale (POS) network to 4,000 merchants as it continues to step up its support for retailers across the...
Economic Ministry Announces Efforts to Improve Maldives’ Placement in Ease of Doing Business Index
Ministry of Economic Development has announced plans to promote Maldives to the top 50 of the World Bank’s annual Ease of Doing Business Index.
The...
MIRA Announces Further Ease for Small Businesses
Maldives Inland Revenue Authority (MIRA) has announced that sole proprietorships and deemed partnerships with a monthly income below MVR 40,000 are no longer required...
MTCC Board approves Share Split and Rights Issue
On 08th January 2017, the Board of Directors of MTCC Plc has proposed a share split and a rights issue. Chairman Mr. Ahmed Niyaz...
Self Service Banking introduced in Fuvahmulah as a part of BML’s “Aharenge Bank” program
Bank of Maldives has continued to scale up its investment in communities with the introduction of a new Self Service Banking Centre in Fuvahmulah....
BML marks World Cancer Day with donation & participation at sports festival
Bank of Maldives has marked World Cancer Day with a donation to the Cancer Society of Maldives (CSM). The donation was announced at a...
Ooredoo Maldives’ Enterprise Support Center Opened
Ooredoo Maldives has inaugurated a new high-tech 24-hour support center for corporate clients, titled ‘Enterprise Support Center’.
The Enterprise Support Center has 15 engineers and...
Tourism Ministry Reinforces Mandate for Monthly Statistics Submissions
The Ministry of Tourism has released a circular announcing that Guesthouses and Safari Operators who fail to submit monthly statistics reports will be penalized...
ACE Hardware Announces Winners of ‘Bodu Faheh’ Promotion
ACE Hardware and Home Center has announced the two lucky winners of their ‘Bodu Faheh’ (Big Five) promotion.
The promotion was conducted to celebrate ACE...
MIRA Announces Record Income in January 2017
Maldives Inland Revenue Authority (MIRA) has announced a record income of MVR 2.2 billion in the first month of 2017, an amount never before...
Centurion Concludes Share Sales
Centurion PLC, the first Maldivian company to go public, has concluded the sales of their shares at the end of January 2017.
According to a...
GOLD 100 GALA to be held on 21 February 2017 at Kurumba Maldives
GOLD 100 GALA is an invitation-only networking event bringing together top executives of Maldivian business community. This event will be held at Kurumba Maldives...
New Promotion at VIA Awarding Free Motorbikes
A special promotion has been announced at ‘Dhovemi’ arrival shop at Velana International Airport, awarding a motorcycle to a lucky winner every three months.
The...
BML Launches ‘Aharenge Bank’ Community Campaign
Bank of Maldives has announced an extensive program of initiatives to support local communities. At a special event held at Champa Central Hotel this...
UAE World’s Top Halal Travel Destination
The “2016-2017 Global Islamic Economy Report”, developed and produced by Thomson Reuter has ranked the UAE as the world’s top halal travel destination.
The report...
Dream Hotel Group Signs Two Resorts in the Maldives
Dream Hotel Group signed two hotels in the Maldives with local entrepreneur Mohamed Manik and Alpha Kinam Holdings to develop The Chatwal Maaga Maldives and Dream Gasveli...
Dhiraagu Announces 16% increase in Profits
Telecom giant Dhiraagu has announced a 16 percent increase in annual profits for the year 2016, totaling MVR 840 million.
At a special ceremony to...
J A Manafaru Wins 10th Top Hotel in The World
JA Manafaru, a stunning island beach resort in the Maldives, owned and managed by JA Resorts & Hotels has taken the 10th spot in...
Ministry of Tourism Announces Change in Minimum Ratio of Staff Facilities Developed
The Ministry of Tourism has announced a change to the minimum ratio of staff facilities developed, to 1:1.5. The change was announced via a...
LATEST ARTICLES
Report: Maldives Sets Sail Towards Economic Diversification with Bunkering Ambitions
The Maldives is charting a new course in its economic journey. In a bold move to diversify its tourism-dependent economy, the government...
Adapting to Climate Change: Nature-Based Solutions Versus Hard Infrastructure in the Maldives
As highlighted in the Maldives Country Climate and Development Report (CCDR) by the World Bank, the Maldives faces significant challenges from climate...
President Muizzu to Attend 79th UN General Assembly
President Dr Mohamed Muizzu is set to participate in the 79th United Nations General Assembly (UNGA), marking his first appearance at the...
Singapore’s Chi Energie Proposes LNG-Based Power Generation in Maldives
The Ministry of Climate Change, Environment, and Energy has announced that Singapore-based company Chi Energie Private Limited has submitted a proposal to...
President Muizzu Ratifies First Amendment to Companies Act
President Dr Mohamed Muizzu has today ratified the first amendment to the Companies Act (Act No. 07/2023), introducing significant changes aimed at...
