The Illustration of the 80 Trillion Dollar World Economy

The world economy has been growing at a fast pace. The nominal estimate of the global GDP is around 80 Trillion in...

Pizza Buona opens outlet in Hulhumale

The number of food and beverages establishments in Hulhumale has rapidly increased upon the opening of the Sinamale' Bridge. Pizza Buona has...

Rethinking Nationalism: Why Embracing Globalisation is Vital for the Maldives

As the Maldives celebrates its National Day, it’s an opportune moment to reflect on what nationalism means for our island nation in...

STELCO Holds Annual General Meeting 2020

State Electric Company (STELCO) has held its Annual General Meeting 2020. According to a tweet made by the company,...

Foreign Secretary Participates in 10th Anniversary Ministerial Meeting of Freedom Online Coalition

Foreign Secretary Abdul Ghafoor Mohamed has yesterday participated in the 10th Anniversary Ministerial Meeting of the Freedom Online Coalition (FOC). The virtual...

Debt, Debt, and More Debt! Government to Create a Loan Restructuring Committee

A report was passed in the Parliament yesterday, suggesting that the government restructures all debt except for those payable to foreign parties...

Lh. Kanuhura Resort to Be Sold Off!

Kanuhura Resort, located in Lhaviyani atoll, has been put up for sale. The Ministry of Tourism yesterday announced that...

MTCC Successfully Completes V. Rakeedhoo Projects with President Solih’s Inauguration

HEP Ibrahim Mohamed Solih officially inaugurated the Design & Build of V. Rakeedhoo Harbor Project & the V. Rakeedhoo Shore Protection project...

Councils Directed to Suspend Activities to Cut State Spending

In a bid to address the economic challenges posed by the country’s significant state debts, the Maldivian government has issued a directive...

Investment Forum for Addu Guesthouses on 22nd April

Maldives Integrated Tourism Development Corporation (MITDC) is preparing to host an Investment Forum for parties interested in investing in the guesthouse industry in Addu. MITDC’s...

Tourism Minister begins a tour of three atolls

Minister of Tourism Ali Waheed has begun a tour to Noonu Atoll, Raa Atoll and Lhaviyani Atoll. Minister...

3 Tech Trends Businesses Can’t Ignore in 2021

Spending 2020 under the shadow of calamity has affected what we now need from technology. Covid-19 and social distancing have shifted our...

Southeast Asia slow to adopt content marketing: LinkedIn

The digital landscape in Asia Pacific is constantly shifting. Finding creative ways to skirt ad blocking and engage online buyers. The trend is further...

Resort Rent Revenues Falls, While TGST Rise

Recent financial reports released by the Ministry of Finance show that even though revenue generated from resort rents have fallen, revenue generated...

MACL gives MVR 7,879.79 per staff as 2018’s annual bonus

Maldives Airports Company Limited (MACL) has distributed MVR 7,879.79 per staff as 2018's annual bonus. MACL stated in a...

Urbanco Partner with Bighat Logistics for Seaside Oasis Development in Phase II

On Monday, Urbanco formalised a framework agreement with Bighat Logistics Pvt Ltd for the Seaside Oasis development project in Phase II.

Maldivian Ambassador-designate to UK Meets Secretary General of Commonwealth

H.E Dr. Farah Faizal, Maldivian Ambassador-designate to UK has met with the Secretary General of Commonwealth, Baroness Patricia Scotland.

MMA Reports Increase in Foreign Reserves for February

The Maldives Monetary Authority (MMA) has announced a month-on-month increase in the country's official state reserves for February 2024. Following a slight...
MATATO President Abdulla Ghiyas launches "CONNECT" Conference Manager for TTM

“CONNECT” Conference Manager launched for TTM

CONNECT, a specialized conference management software, has been launched for the international Travel Trade Show of Maldives (TTM).  This software, which innovates meetings and...

Investment Threshold for SEZs Lowered to USD 100 Million

President Dr Mohamed Muizzu has implemented a revised investment threshold for Special Economic Zones (SEZs), setting a new minimum investment amount at...

The Future of Air Travel Lies Beyond the “New Normal”

By Ilaciyah Madhushan The aviation industry has been drastically affected throughout the COVID-19 crisis which began with travel...

Atmosphere Hotels & Resorts Appoints Ali Shakir as Its First Maldivian Resort Manager for...

Atmosphere Hotels & Resorts (AH&R) appoints Ali Shakir as the Resort Manager at OBLU NATURE Helengeli. This appointment marks an important milestone,...

Government Funds New Office Building for Cost Savings

To cut down on the expenses of running government offices, Minister of Construction and Infrastructure Dr. Abdulla Muththalib has announced the launch...

Radisson Blu Resort Maldives Scoops Key Title in Luxury Lifestyle Awards 2021

After opening in August 2020, the Radisson Blu Resort Maldives is the first of its kind to make this tropical location it’s home. With...

LATEST ARTICLES

Report: Maldives Sets Sail Towards Economic Diversification with Bunkering Ambitions

The Maldives is charting a new course in its economic journey. In a bold move to diversify its tourism-dependent economy, the government...

Adapting to Climate Change: Nature-Based Solutions Versus Hard Infrastructure in the Maldives

As highlighted in the Maldives Country Climate and Development Report (CCDR) by the World Bank, the Maldives faces significant challenges from climate...

President Muizzu to Attend 79th UN General Assembly

President Dr Mohamed Muizzu is set to participate in the 79th United Nations General Assembly (UNGA), marking his first appearance at the...

Singapore’s Chi Energie Proposes LNG-Based Power Generation in Maldives

The Ministry of Climate Change, Environment, and Energy has announced that Singapore-based company Chi Energie Private Limited has submitted a proposal to...

President Muizzu Ratifies First Amendment to Companies Act

President Dr Mohamed Muizzu has today ratified the first amendment to the Companies Act (Act No. 07/2023), introducing significant changes aimed at...
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