Fitch Assigns Maldives First-Time ‘B+’ Rating; Outlook Stable

(The following statement was released by the rating agency) HONG KONG, May 15 (Fitch) Fitch Ratings-Hong Kong-15 May 2017: Fitch Ratings has assigned The Republic...

Over 100 International Travel Trade Professionals confirm participation in TTM 2017

Over 100 international travel trade professionals (tour operators, media, industry experts) have confirmed their participation in the upcoming Travel Trade Maldives (TTM), the first ever international...

Dhaalu Regional Airport shown off to the public

Dhaalu Airport, located in Dhaalu Atoll, which was developed by reclaiming land from Dhaalu Kudahuvadhoo lagoon, has been showed off to the public. According...

WAMCO to start collecting waste in Hulhumale’

WAMCO- Waste Management Corporation has opened up registration to collect waste from interested parties in Hulhumale’. WAMCO has been experimenting with their capacity throughout...

AG Calls for Strengthening Governance and to Create an Enabling Environment for the Pension...

The Maldives Finance Forum 2017, organized by the Maldives Pension Administration Office (MPAO), was held in Kurumba Maldives on 11th May. Hassan Ziyath, the...

Maldives: From a beach getaway to the ultimate leisure boating paradise

Marine tourism is set to take a considerable hike in the Maldives. This is largely due to the much-anticipated expansion plan for Male’s Velana...

Accelerated growth in Topline & Reserves enables YOY Dividends and Surplus Payments to Participants

Amana Takaful (Maldives) PLC, the only Shariah Compliant listed entity in the Maldives Stock Exchange, has concluded its Sixth Annual General Meeting on 14th...

MATATO to launch a Tourism Training program

Maldives Association of Travel Agents and Tour Operators (MATATO) along with a former consultant of Google has started a tourism training program in training...

Qatar to finalize the design of Hulhumale’ Stadium

According to Housing Development Corporation (HDC), the design work of the international stadium intended to open in Hulhumale’ by the government of Qatar has...

“Farukolhufushi” : Future of events in the Maldives

Maldives has ever struggled with managing events. As a growing economy, the challenges for event organizers range from managing capacity as well as sourcing...

Over 100 resorts/hotels confirm participation in “TTM 2017”

Over 100 resorts/hotels properties in Maldives have confirmed their participation in the first International Travel Trade Show  of Maldives “TTM 2017”. TTM is scheduled...

The upcoming Top hotels in the Maldives this year

Bagliono Resort Maldives, Dhaalu Atoll Baglioni is an Italian hotel group and are all set to open their first hotel outside Europe; in the Maldives...

BML Reveals Plans to Scale Up Investment in Hulhumale’

Bank of Maldives has announced that it will expand its presence in Hulhumale’, starting in October with a new Self Service Banking ATM in...

Dhiraagu launches fibre broadband in B. Dharavandhoo

Dhiraagu has announce the roll out of its Fibre Broadband Service, to Baa Atoll Dharaandhoo, with the fastest internet speed of 100 Mbps and...

BML HONORS TOP PERFORMING EMPLOYEES AT “STAFF AWARDS 2017”

Bank of Maldives has honored its top performing employees with a series of accolades at its annual staff awards ceremony, held last night at...

STO to sell Onion, Potato and Eggs equivalent to the Market Price

STO has begun to sell onion, potato and eggs at the same price as the market. The price of an onion sack is Mrf...

Maldives records 11% rise in bed capacity: Tourism Ministry

Tourism Ministry statistics has revealed that Maldives experienced an 11 per cent increase in bed capacity from January till March compared to the same...

BML DECLARES PROUD INVESTMENT IN STATE-OF-THE-ART TREETOP HOSPITAL

Bank of Maldives’ senior management have taken the opportunity to inspect the development of the new Treetop Hospital in Hulhumale’ which was part-financed by...

MIRA earns revenue of Mrf 1.1 Billion in April

Maldives Inland Revenue Authority (MIRA) to earn revenue of Mrf 1.1 billion in April month through several taxes and fees. Statistics published by MIRA stated...

The Imports of April Month to increase by 9 %

It has been reported that the imports of this April month have increased by 9% compared to last year’s April month. Statistics by Maldives Customs...

Travel Trade Maldives (TTM) signs with partners

Partners Signing ceremony has been held for International Travel Trade Show of Maldives (TTM).  TTM will be held from 12th to 13th July 2017...

STO brings Eggs, Onion and Potato for Ramadan

STO has mentioned that they have brought eggs, onion and potato for Ramadan. These goods will be available for purchase from this Friday throughout...

MMA unveils new 5 Rufiyaa Bank Note: Captain Ali Ashfaq into the history books

Maldives Monetary Authority unveiled the new 5 Rufiyaa Polymer Bank Note at a special ceremony this morning at Iskandhar School led by governor Dr....

MATATO to Take Part in Australia International Dive Expo 2017

Maldives Association of Travel Agents & Tour Operators (MATATO), has announced that together with the tourism industry,  will be participating at the Australia International...

LATEST ARTICLES

Report: New Housing Loan Scheme, Ambitious Vision or Economic Gamble?

The Maldivian government's recent launch of the 'Hiyaavahi' finance scheme has been hailed by many as a significant step towards addressing the...

Dhiraagu Supports Kulhudhuffushi Knowledge Centre with Digital and Educational Contributions

Dhiraagu has extended its support to the newly established Knowledge Centre in Kulhudhuffushi City, an initiative launched by the Kulhudhuffushi City Council...

Foreign Minister Praises Indian High Commissioner for Strengthening Bilateral Ties

The High Commissioner of India to the Maldives, Mr. Munu Mahawar, paid a farewell call on the Minister of Foreign Affairs, Dr....

Seaplane Services to Take Off at Hanimaadhoo International Airport, Says MACL

Maldives Airports Company Limited (MACL) has unveiled plans to introduce seaplane services at Hanimaadhoo International Airport as part of efforts to diversify...

Gov’t Plans to Double Travel Allowance by Early 2026

President Dr Mohamed Muizzu has commented on proposed measures to improve dollar circulation in the Maldives' banking system, including mandatory exchange requirements...
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