Ooredoo to launch 4G+ internet across the nation via their new submarine cable
After the completion of the Ooredoo submarine cable that began earlier this month, they would be broadening their mobile internet service and starting 4G+...
Dhiraagu signs on with Huawei and Nokia to provide 4G internet nationwide
Dhiraagu signs on with Huawei and Nokia to get the required equipment and necessary expertise to set up systems to provide 4G internet nation...
Ensis announces plans for residential apartments and puts them up for sale
Ensis has been given the green signal and are putting up their residential apartments for sale. Aptly named Aira, on of their "largest" selling...
Maldives dominates as the most searched travel destination on Google in the UK
According to Google analytics in the UK, Maldives is the most searched or looked up travel destination when people plan to travel abroad to spend...
Bank of Maldives expands nationwide presence with new branch in N. Holhudhoo
Bank of Maldives has further expanded its presence in the country with the opening of a new branch in Holhudhoo in Noonu Atoll.
The branch...
Bank of Maldives announces new Executive Team changes to support expansion plans
At a gathering today attended by over 100 senior staff, Bank of Maldives CEO and Managing Director Andrew Healy announced some changes to the...
Amana Takaful to distribute Interim Dividend this year as well
With the increase in profits this year, Amana Takaful has decided to distribute interim dividend, for the second time this year.
In a PR statement...
Asian economy boomed despite a downgrade caused by India – ADB
Recent publication by the Asian Development Bank indicated a steady growth for the Asian economies despite a temporary setback caused by the Indian demonetization. It...
MIRA donates to charity
Under their Corporate Social Responsibilities, MIRA donates a lot of items for the children at Fiyavathi, the orphanage located in Hulhumale.
The event took place...
The 7 companies to develop flats in Hulhumaale selected
Building the housing flats for the middle class income sector of the economy has been awarded to the 7 companies by Housing Development Corporation, HDC.
The...
Customs collected MVR 223 million in November
The most recent statistics by the Customs Authority stated that they have received an income of MVR 223 million in the month of November...
Nearly 100,000 Maldivian travelers to Srilanka
With the start of the school vacations, travelers outbound from the country rises, be it for holidays or medical reasons travelers go to neighboring...
Bank of Maldives seeks to appoint members to the Bank’s Shari’ah Advisory Committee
Bank of Maldives PLC seeks to appoint members to the Bank’s Shari’ah Advisory Committee to advise the Board of Directors and Management on Shari’ah...
First month of remittance tax totals at MVR 6.8 million
The remittance tax that had been implemented to tax the money foreign workers send out of the country has proven to be productive with...
Etihad Airways celebrates 5 years of operations in the Maldives
Etihad Airlines is one of the top airline brands that operate in the Maldives and today celebrated 5 years of success in the country...
Lily Beach Resort & Spa signs as a Premium Exhibitor for TTM 2017
Lily Beach Resort & Spa has signed as a Premium Exhibitor for first International Travel Trade Show of Maldives (TTM).
Lily Beach Resort & Spa...
AccorHotels invests US $16.8m in Banyan Tree
Banyan Tree Holdings and AccorHotels have entered into a long term partnership to develop and manage Banyan Tree-branded hotels around the world.
Banyan Tree will...
Nasandhura announces new apartment complex
The most iconic and historic hotel in Male' City has announced that they would be selling apartments from their new apartment complex that is...
Deployment of submarine cable commences by Ooredoo
The USD 25 million project to lay down a submarine cable in the country from the North to South.
Work has commenced and the landing...
A survey is being conducted about expenditure of Maldivians abroad
The Central Bank of the Maldives MMA has stated that they would be conducting a survey this month from the 24th to the 30th...
MIRA stats: income increased by 26%
The most recent stats released by MIRA has shown that the income generated has increased by 29% and has amounted to over MVR 1...
BML presents awards for long time service staff
Bank of Maldives has awarded and shown their gratitude towards 31 staff who have provided their services to the bank for the longest period...
A major change to the GST time of supply rules
An amendment has been brought to the GST Regulation, changing the time of supply rules of advance payments, non-refundable deposits and retention payments of...
Salary Enforcement Regulation published
The Ministry of Economic Development has published the Salary Enforcement Regulation on 24th November 2016 that sets out the administrative rules to be followed...
LATEST ARTICLES
MIRA’s Revenue Recovery Efforts Yielding Positive Results, Says Commissioner General of Taxation
The Commissioner General of Taxation, Hassan Zareer, has revealed that the Maldives Inland Revenue Authority’s (MIRA) ongoing efforts to recover outstanding revenue...
Dr. Mohamed Mahid Shareef Appointed CEO of Institute of Chartered Accountants of the Maldives
The Institute of Chartered Accountants of the Maldives (CA Maldives) has appointed Dr. Mohamed Mahid Shareef as its new Chief Executive Officer...
Targeted Cash Transfers Proposed to Mitigate Impact of Subsidy Reforms in the Maldives
A recent report by the World Bank has raised concerns about the potential impact of removing blanket subsidies in the Maldives, warning...
Maldives Strengthens Conservation Efforts for Whale Sharks with New Regulation
The Government of Maldives has introduced a new regulation, No. 2024/R-96, aimed at enhancing the conservation of whale sharks, reinforcing its commitment...
GEF Allocates MVR 1.5 Million to Community Organisations in Laamu Atoll Through ‘Endheri’ Project
The Global Environment Facility (GEF) has allocated MVR 1.5 million in financial aid to three community-based organisations in Laamu Atoll as part...
