China warns against travel to Maldives due to Zika epidemic
China issued a notice on November 1 warning its citizens against travelling to the Maldives due to the Zika virus epidemic on the island.
The...
Professional Accounting body to be established
In a statement issued by the Auditor General's office, it was stated that work is underway to establish a professional accounting body in the...
Dubai surpasses 100,000 hotel rooms in portfolio & boasts highest spending tourists worldwide
The emirate of Dubai has officially reached 100,000 rooms across its expanding hotel and hotel apartment inventory.
Dubai surpassed 100,000 rooms following the opening of...
14 million in profits for MTCC
The governments largest construction and logistics company MTCC has performed well with over Rf. 297 million in business done and Rf. 14 million in...
7% increase in Tourism for the month of September
September this year saw an increase in the number of tourists that visited the country with over a 7% increase when compared with last...
Champa Central Hotel signs as Hotel Partner for TTM 2017
Champa Central Hotel has signed a MOU with Maldives Getaways Pvt Ltd to become the Hotel Partner for first International Travel Trade Show of...
St. Regis Maldives Vommuli Resort now open
Starwood Hotels & Resorts has opened its new property in Maldives, all-villa St Regis Maldives Vommuli Resort.
The 77-villa property is in the Dhaalu Atoll,...
Soneva Jani opens
New addition to the Soneva portfolio is the brand new resort; Soneva Jani located in Noonu Medhurafu.
With the opening of the resort last friday...
MEGA to start operations to Delhi on November 14th
With three flights per week, MEGA is going to start its operations to Dehli from Maldives this November and ticket sales have already begun...
BML doubles investment and to create 150 new jobs
Bank of Maldives today announced a major expansion of its nationwide presence and services which will include the creation of 150 new jobs within...
GMR wins $270 million award in Maldives airport dispute
GMR Group has been awarded compensation worth $270 million by a three-member international arbitral tribunal in its dispute with the Maldives government.
The award won...
600,000 cruise tourists to visit Dubai in 2016/17 season
Dubai tourism chiefs are aiming to record an 18 percent increase in cruise ship calls during the 2016/17 season, leading to 157 ship calls...
Ease of Doing Business: Maldives down by 6 ranks
In a research conducted by the World Bank, it has stated that it is much harder to do business activities in the Maldives.
The World...
Cathay Pacific Airways launches Special Promotional Fares from Maldives
Cathay Pacific Airways has introduced special promotional fares from Malé on the occasion of the 3rd anniversary since commencing operations in Maldives. These promotional...
Hassan Marine Year End Sale commences
Hassan Marine has commenced year end sales promotion of Mercury Portable outboard engines starting from 3.3 to 30hp, offering a huge discount of 15%....
Turmoil in the Tata Group
Tata Group abruptly ousted its chairman of almost four years. India’s biggest conglomerate, casting the specter of a leadership vacuum at the $100 billion...
Fines reduced, new alterations for the Pension Scheme law
The regulations of the Maldivian Retirement Pension Scheme have been altered, the 31st and 34th article of these regulations have been altered to reduce the...
Top 10: Facts about First International Travel Trade Show of Maldives (TTM)
TTM will be the very first and only international travel trade show dedicated to Maldives in the history of Maldivian Tourism Industry.
TTM...
New chairman appointed for the Maldivian Stock Exchange
Mr Alaau Ali, the Managing Director of Alia Investments was appointed as the Chairman of the Maldivian Stock Exchange.
In a statement issued by the...
Hotel Jen opened its door to hospitality and tourism students from the Maldives
Hotel Jen welcomed several groups of hospitality and tourism students from Ahmadhiyya, Kalaafaanu School and Maldives National University for a private tour of the...
MEGA to Launch Flights between Male’ and Colombo
MEGA Maldives Airlines is launching its third capital-to-capital link with new services between Male’, Maldives and Colombo, Sri Lanka. The flights will link the...
3.6 Billion Rufiyaa in the third quarter for the government
Maldives Inland Revenue Authority has stated that the government had an income of Rf. 3.6 Billion during the third yearly quarter.
During the same period...
Tabarak Investment Capital and Elite Capital & Co. Limited in discussion to finance projects...
Information Department at Elite Capital & Co. Limited (“ECC”) announced today that two separate discussions are currently on-going between Elite Capital & Co. and...
Maldives needs an International Travel Trade Show | LexisNexis Destination Marketing Report
A report by LexisNexis prepared for the Ministry of Tourism on Destination Marketing have highlighted the importance of a having an international travel trade...
LATEST ARTICLES
New Transport Links: Govt’s Strategy to Connect Key Development Zones
The Maldivian government has revealed plans to establish an integrated transportation network connecting Rasmale, Giraavaru Falhu, and Gulhifalhu. This project, in collaboration...
Amendment to the Maldives Securities Act Opens New Avenues for Foreign Investors
The People’s Majlis has passed the third amendment to the Maldives Securities Act 2/2006, marking a significant step towards enhancing foreign investment...
Adoption of Digital Banking: An Overview of Internet and Mobile Banking in the Maldives
In recent years, the Maldives has seen a significant shift towards digital banking services, reflecting a global trend in the financial sector....
Intour Maldives Marks 28 Years by Adopting 28 Sea Turtles
Intour Maldives, a leading luxury destination management company (DMC) in the Maldives, has celebrated its 28th anniversary by adopting 28 sea turtles...
Gov’t Reassures Investors Amid Sukuk Value Decline
The Maldivian government has moved to reassure investors following a dramatic fall in the value of its Sukuk bonds, amid escalating concerns...
