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...
Economic Ministry Relaxes Operational Hours of Businesses and Restaurants
Ministry of Economic Development has announced that they are to relax the operational hours of businesses and restaurants alike. Starting from May 11th, 2018...
BML & TFG successfully concludes BML Wow Kidz Run 2018
Bank of Maldives in partnership with Total Fitness Group (TFG) has successfully concluded BML Wow Kidz Run 2018 on May 5th, 2018.
According to BML,...
STO increases 31 Laari per litre for Petrol and Diesel
State Trading Organization (STO) has decided to increase 31 Laari per litre for petrol and diesel.
In a press release, the biggest importer of oil...
TTM concludes with the last day of Maldives Supplier Expo 2018
The largest annually held travel trade fair in the Maldives, Travel Trade Maldives (TTM) officially concludes its second year on the 5th of May....
Maldives in discussion with ADB for low interest loans
Ministry of Finance and Treasury has discussed with Asian Development Bank (ADM) to issue loans for low interest rates.
The discussion with ADB President, Mr....
Yazeed Mohamed wins the Asia Tax Commissioner of the Year award
Maldives Commissioner General of Taxation, Yazeed Mohamed wins the Asia Tax Commissioner of the Year award at the 2018 Asia Tax Awards given by...
The first cafe at the new food court is now open for service
The very first cafe at the new food court is now open for service at the southwest side of Male', in the harbour area. The...
Soneva Launches ‘Out of the Blue’
Soneva Fushi has launched Out of the Blue, their brand new dining destination- A two-story overwater structure that houses 5 brand-new dining experiences. Out...
Four Seasons Maldives now offering guests with exclusive submarine excursions
DeepFlight is probably the best name when it comes to building personal submarines and the marquee is now set to ride you in one...
The first ever Maldives Supplier Expo kicks off
The first ever Maldives Supplier Expo kicked off today at Dharubaaruge Dhoshimeyna Maalam. This is the first expo of its kind, targeted strictly towards...
2nd day of TTM 2018 comes to an end with an eventful Gala Night
Travel Trade Maldives (TTM), the largest tourism fair held in the Maldives, concluded the annual TTM Gala Dinner Night on the 2nd of May,...
Day 1 of TTM pre-scheduled meetings concludes with over 200 visitors
The largest tourism travel fair held in the Maldives, Travel Trade Maldives (TTM) concludes the first day of pre-scheduled meetings. More than 200 visitors...
TTM Hotelier Summit successfully concludes – TTM 2018 officially begins!
Travel Trade Maldives 2018 (TTM 2018), a six-day, multi-event trade fair organized by Maldives Getaways was launched at Bandos Maldives today. Minister of Economic...
Dhiraagu supports The Blind and Visually Impaired Society of Maldives (BVISM)
As part of their corporate social responsibility, Dhiraagu has been providing a special Add-On which would enable the Blind & Visually Impaired Society of...
LATEST ARTICLES
Addu City Council Opens Bidding for Tourist Facility on Savaahili Island
The Addu City Council has launched an invitation for bids to develop a tourist facility on Savaahili Island, offering both local...
Government Raises MVR 2.87 Billion Through Latest T-Bill Issuance
The Ministry of Finance and Planning has announced the successful sale of MVR 2.87 billion in Treasury Bills (T-Bills) under Series...
Q4 Data Shows Maldives Economy Grew 3% Year-on-Year, Driven by Tourism
The Maldivian economy grew by 3.0 percent in the final quarter of 2024 compared to the same period in 2023, according...
Maldives Signs Agreement to Install Battery Storage Systems on 18 Islands
The Maldivian government has signed a landmark agreement to deploy 38 megawatt-hours (MWh) of battery energy storage systems (BESS) alongside energy...
Maldives Opens First Salt Factory, Exports Begin to Japan
The Maldives has opened its first-ever salt manufacturing facility, a milestone that signals new possibilities for domestic production and international trade....
