Alia Investments Joins Maldives Travel Awards 2018 as a Gold Partner

Alia Investments Pvt Ltd becomes a Gold Partner of Maldives Travel Awards 2018. Organised by Maldives Association of Travel Agents and Tour Operators, MATATO....

Maldives awards USD53 million sewage project to Sri Lanka firm

Maldives' utilities company Fenaka Corporation on Tuesday awarded a mega sewerage system project worth USD53 million (MVR866 million) to a leading Sri Lanka firm. During...

World Bank grants USD13 milllion to strengthen government’s financial sector

A financial package of USD 13million has been granted by the World Bank to the Maldives for public financial management. The financial package was...

Prestigious “Asia’s Best Employer Brand” awarded to BML for second year in succession

Bank of Maldives’ progressive human resources policies have once again earned the Bank the coveted “Asia’s Best Employer Brand” award from the World HRD...

STO reported a net profit of MVR 47.3 million

State Trading Organisation (STO) generated a net profit of MVR 47.3million in the second quarter of this year. In their quarterly report, STO revealed that...

MTCC generated MVR 47.3million in Q2 net profit

Stated-owned Maldives Transport and Contracting Company has generated MVR 13million in net profit during the second quarter of 2018. MTCC, which offers a plethora of...

Finance Ministry estimates sovereign fund to increase over USD 500million

Ministry of Finance and Treasury estimates that the sovereign development fund, established last year, will increase to over USD 500 million by 2022. The fund...

Work commences on Hulhumale’ water theme park and city hotel

Construction work has commenced on the development of a water theme park and 6-storey city hotel at Hulhumale'. The project is estimated to cost...

Number of Maldivians seeking medical treatment from abroad decreases.

Maldives Monetary Authority (MMA) reveals that the number of peoples who are seeking  medical treatment from abroad has been decreased. According to a survey conducted...

Asphalt installation on roads linking to the bridge to begin next week

Ministry of Housing and Infrastructure has confirmed that the asphalt installation on roads linking to the bridge will begin next week. A section of Boduthakurufaanu...

15 hectares reclaimed for Thilafushi waste management project

15 hectares of land has been reclaimed from the lagoon of Thilafushi Island, for its waste management project. The reclaimed land is part of a...

Dhiraagu Maldives Aeropress Championship – A gathering for coffee lovers

This year’s premier coffee event, Maldives Aeropress Championship (MAC), is proudly sponsored by Dhiraagu. The championship, organized by Coffee Lab Roasters, will be a...

MATATO hosts destination stand at India International Travel Mart

Maldives Association of Travel Agents and Tour Operators, MATATO, hosts another destination stand for Maldives at the India International Travel Mart 2018, the Bangalore...

Qatar Airways became the long-term Official Airline Partner of FC Bayern München

Qatar Airways is delighted to bring the world’s most technologically advanced passenger aircraft, the A350-1000, to the United States for the first time, marking...

BML posts strong results for H1 2018.

Bank of Maldives has today reported positive financial results for the first six months of 2018 with Profit Before Tax of MVR 687 million,...

Seminar on Managing Tax Audits and Appeals to be conducted by CTL Strategies

CTL Strategies LLP, a law firm specialized in Maldivian tax law and commercial disputes, will be conducting a seminar on Managing Tax Audits and...

MAHRP Hosts Knowledge Share Event On Best HR Practices

Maldives Association of Human Resource Professionals (MAHRP) has hosted a knowledge share event on best practices in human resources. Titled “Great HR Best Practice Share”...

Conrad Maldives to provide internships for children living in shelter

Conrad Maldives Rangali Island signs a Memorandum of Understanding (MoU) with the Ministry of Gender and Family to provide internships for children living in...

‘Raaveribey’ food court officially opened

The recently developed harbor food courts were officially inaugurated on 23rd July. "Raaveribey" food court was inaugurated by the President of Maldives, H.E. Abdullah Yameen...

MMA launches ‘MMA’s Strategic Plan’

Maldives Monetary Authority (MMA) launched their 'MMA Strategic Plan' for 2022 on 22nd July by Minister of Finance Ahmed Munavvar and Minister of Tourism...

Laniakea Tech launches transport management module for resorts in RAS ERP

Laniakea Tech officially launches transport management software solution for resorts as a component of RAS ERP. The local company whom have been spearheading modern technology...

President inaugurates development of 25+ storey skyscrapers in Rasfannu

The 'Rasfannu Mixed Use Development Site' was officially inaugurated by the President of Maldives, H.E. Abdullah Yameen Abdul Gayyoom on 22nd July. Developed by Singaporean...

Faarufushi Maldives announces opening in December 2018

Faarufushi will welcome guests from 15 December 2018 with 80 spacious villas that offer a striking realization of contemporary design amidst a naturally stunning...

Winners of Dhiraagu and SparkHub’s AngelHack to participate in International HACKcelerator Program

Winner of the first Angelhack Maldives, organized by Dhiraagu and Sparkhub, has been announced on 22nd July. At the closing ceremony held to commemorate...

LATEST ARTICLES

Minister Shiyam Outlines Strategy to Deepen Fisheries Ties with Singapore

Minister of Fisheries and Ocean Resources, Ahmed Shiyam, has announced that the Maldivian government is working to strengthen partnerships with Singapore’s institutions...

GAGE Appoints New COOs for Security and Fire Safety Divisions

GAGE, a provider of security and fire safety services in the Maldives, has announced changes to its senior leadership, appointing two new...

Saudi Envoy Presents Credentials as Maldives Strengthens Ties with Riyadh

The new Ambassador of the Kingdom of Saudi Arabia to the Republic of Maldives, His Excellency Yahya Hassan Alhqahtani, formally presented his...

Parametric Insurance Could Help Restore Bleached Reefs, Says New Report

A new feasibility study has proposed a first-of-its-kind insurance scheme to protect the Maldives’ coral reefs from climate-induced marine heatwaves. Jointly developed...

Maldivian Tuna Now Canned in China, Drawing Mixed Reactions

A Chinese company has produced its first sample batch of canned tuna using fish exported from the Maldives, highlighting a new phase...
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