Cocoon Maldives launched in Italy
Cocoon Maldives has been officially inaugurated in Italy with the opening of their new European office in Milan. The opening ceremony was attended by Italian...
Maldives Immigration Awarded Prestigious IAIR Award
Maldives Immigration has accepted the prestigious IAIR Award for ‘Most innovative high-security ePassports and eGates’ award during the official award ceremony in Milan, Italy,...
Gaja Capital in talks to invest $20 million in Kangaroo Kids
Mid-market focused private equity firm Gaja Capital is in talks to invest about $20 million (₹135 crore) in Kangaroo Kids Education Ltd (KKEL), in...
COPE to SLIC: Reveal reasons for Maldives, Seychelles branch closures
Sri Lanka Insurance Corporation (SLIC) has been directed by the Committee on Public Enterprises (COPE) to submit a detailed report on its abrupt closure...
Grand Park Kodhipparu to Open Mid 2017
Singapore's famous Park Hotel Group will be entering the Maldives hotel and resort market with their flagship property in Maldives, Grand Park Kodhipparu, scheduled...
CBM Launches ‘Kulhadhaana Anhenun’
Commercial Bank of Maldives (CBM) has launched new products targeted for women and female entrepreneurs, named ‘Kulhadhaana Anhenun’.
A special savings account for women, and...
Lily International Announces Plans to Go Public
Lily International, one of the largest Food and Beverages Importers/Distributors in the country and subsidiary of Lily Group has announced plans to go public.
In...
Business Center Corporation Limited Formed
A new company titled ‘Business Center Corporation Limited’ (BCC) has been formed this week by Presidential Decree in order to provide support and assistance...
STO Home Improvement Announces Ramadan Sale
STO Home Improvement has announced a special Ramadan sale, beginning from Sunday, 26th March 2017.
According to Mr. Mohamed Murad, General Manager of STO Home...
How Important is Visual Marketing for Your Business?
Experts and specialists throughout the world agree that the future of marketing is digital, and now that the entire country has high speed 4g...
Tourism Ministry Signs MOU with Bileifahi Council
The Ministry of Tourism has signed a Memorandum of Understanding with the council of Sh. Bileifahi to expand tourism in the island.
The MOU was...
MITDC Invites Developers for New Picnic Island
Maldives Integrated Tourism Development Corporation (MITDC) has invited interested parties to tender for the reclamation of a lagoon near Male’, to be developed into...
TMA expands Aircraft fleet
Trans Maldivian Airways (TMA) has added another aircraft to its existing fleet. The additional aircraft, a De Havilland DHC-6 Series 300, arrived this afternoon...
Hondaafushi Resort to Open in April
Hondaafushi, a new 4-star 400 room resort in North Haa Dhaalu atoll will be opening at 80 room capacity next month.
Proprietor AAA Hotels &...
Maldives Among Top 50 Healthiest Countries in the World
Maldives has ranked at number 41 of the 50 healthiest countries in the world, according to Bloomberg 2017 Healthiest Country Index.
The ranking was based...
66% Revenue Increase from Tourism Land Rent
The revenue from Tourism land rent has increased by 66% within the first two months of the year, according to Maldives Inland Revenue Authority...
Centara Announces Two More Properties in Maldives
Centara Hotels and Resorts has announced plans to construct/operate two more properties in the Maldives.
In an interview with Bangkok Post, the Senior Vice President...
First ever “Hotelier Summit – Maldives” to be held during TTM 2017
First ever "Hotelier Summit - Maldives" has been scheduled to be held during TTM 2017. The summit will be first of its kind and...
Mr. A U M Fawzy | Chief Executive Officer of Trans Maldivian Airways (TMA)
Mr. A U M Fawzy is the Chief Executive Officer of Trans Maldivian Airways (TMA), home to the world’s largest fleet of seaplanes. TMA’s...
Kuda fushi Resort and Spa Opens
Kuda fushi Resort and Spa, located in Raa Atoll, has begun welcoming visitors to their magical little island resort beginning from 10th March 2017.
Kuda...
Over 60 resorts/hotels confirm participation in “TTM 2017”
Over 60 resorts have confirmed their participation in the first International Travel Trade Show of Maldives "TTM 2017". TTM is scheduled to be held...
THE MALDIVIAN ECONOMY IN 2016: TOURISM SECTOR
Report by: Shifneen Rasheed & Daha Shuaib
The year 2016 was a year of ups and downs for the Maldivian economy. While some sectors experienced...
Zongshen eyes stakes in seaplane operators
Zongshen Group, a manufacturer of generators and engines, plans to purchase a stake in the biggest seaplane airline in the Maldives this year, in...
MIFCO under STO Management
Maldives Industrial Fisheries Company (MIFCO) was reallocated as a subsidiary of the largest trading company in the country, State Trading Organization (STO) in September...
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...
