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...
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...
LATEST ARTICLES
WAMCO to Offer Jobs to People with Disabilities and Impoverished Through New Agreement
The Waste Management Corporation Limited (WAMCO) has entered into an agreement with the Ministry of Social and Family Development to offer...
MIRA Issues Guidance on Input Tax Claims for Capital Expenditure Under GST
The Maldives Inland Revenue Authority (MIRA) has issued a new guide to clarify how registered businesses can claim input tax under...
Dhiraagu Offers Customers Chance to Win Smart Home Kits Until End of April
Dhiraagu has rolled out a limited-time promotion giving customers the chance to win a complete Smart Home Kit every other day,...
President Says Fishing Sector Projects to Conclude Within Two Years
President Dr Mohamed Muizzu has said that ongoing projects to support the Maldivian fishing community will be completed within the next...
What Does a Healthy Economy Look Like for the Maldives?
In the Maldives, discussions around economic health frequently hinge on metrics such as GDP growth, tourist arrivals, and foreign investment flows....
