Bain Capital and Tempus Group associate to pursue ownership of TMA

American investment company Bain Capital LP has partnered with Chinese conglomerate Tempus Group Co. in a bid to purchase the controlling stakes of Trans...

Usable reserve of Maldives decreases by 8 percent

The central bank of the Maldives and the main regulator of the financial sector in the country, Maldives Monetary Authority (MMA) has stated that...

Carlson Rezidor to open Radisson Blu Resort Maldives in 2019

One of the world’s largest hotel companies with properties in 115 countries and territories, Carlson Rezidor Hotel Group has once again announced plans to enter...

Corporate Maldives and CTL Strategies officially Launches Gold 100

Corporate Maldives along with their advisory partner CTL Strategies have officially launched Corporate Maldives GOLD 100 Gala nominations as well as the selection criteria...

Air France begins direct flights to the Maldives

Air France has begun its direct flights to the Maldives on Thursday- 2nd of November 2017. The maiden Air France flight AF 222 departed Paris...

BML signs an agreement with Fenaka Corporation to expand its network of cash agents...

Bank of Maldives the leading financial institution in Maldives has signed an agreement with FENAKA corporation to expand its network of cash agents in...

MIFCO celebrates 24 years of service

Maldives Industrial Fisheries Company (MIFCO) celebrates 24 years of service in production, processing and marketing of fish and fish products. Established in 1993, the...

Alitalia commences operations to Maldives

Alitalia, the flag carrier of Italy commenced scheduled operations to Maldives, with the first flight Alitalia AZ 776 landing in Velana International Airport at around...

Bank of Maldives to go paperless for ATM withdrawals

Bank of Maldives (BML), the leading financial institution in Maldives announced that starting from November 8 customers will be receiving only digital receipts for...

Dh. Kudahuvadhoo Airport officially inaugurated

Domestic airport on the island of Kudahuvadho in Dhaalu Atoll, “Dhaalu Airport” was officially inaugurated by President Abdulla Yameen Abdul Gayoom during a special...

Dhiraagu unveils brand new Postpaid packages

Dhiraagu, the leading telecommunications provider in Maldives unveiled brand new Postpaid packages at an event held in National Art Gallery on 31st October. “Just set...

First ever Maldives Accountants Forum to be hosted by Auditor General’s Office

Auditor General’s Office (AGO) will host the first-ever Accountants forum in Maldives on Monday 6th November at Hotel Jen, Male’. This forum will go...

MTDC earns only MVR 4.6 Million in profits

Maldives Tourism Development Corporation (MTDC), the company established by Maldivian Government to give form and structure to the development of tourism in the country,...

MTCC records a profit of 17 Million in third quarter of 2017

Maldives Transport and Contracting Company (MTCC), reported a profit of MVR 17.4 million in the third quarter of 2017. The profit of this quarter is...

Qatar Airways starts their operations to Maldives on Airbus A350

Qatar Airways has started their operations to and from Maldives with one of the world’s most modern aircraft; the Airbus A350. Flight QR 674 departed...

First ever Guesthouse Edition of Maldives Travel Awards held in Maafushi

Flourishing guesthouse industry in the Maldives was celebrated in Maafushi Island on 30th October, with the first ever exclusive Guesthouse Edition of the Maldives Travel...

Dhiraagu records profit of MVR 210 million

Dhiraagu, the leading telecommunication service provider in Maldives had a successful third quarter with a recorded profit of MVR 210 million. According to the financial...

Islanders Tourism and Hospitality Academy appointed as a Global Education Partner of American Hotel...

In a ceremony held on 30th October at Hotel Jen, Male’, Islanders Tourism and Hospitality Academy (ITHA) was appointed as the Global Education Partner...

Maldives shows no signs of slowing down: Hottest 10 properties to be launched

The Maldives is currently going through a love-hate relationship with the demand and supply of the Tourism Industry. Maldives received no less than 1.2...

Cocoon Maldives Wins Leading Designer Hotel at The South Asian Travel Awards

On 28th October 2017, South Asian Travel Awards recognized Cocoon Maldives as South Asia’s Leading Designer Hotel. The event held at Equator Village, Addu City...

First edition of “Insurance Insights Seminar Series” commences

First edition of Insurance Insights Seminar Series organised by Dhivehi Insurance has commenced on 30th October at Champa Central Hotel. Some of the leading...

Summer Island Maldives Wins Prestigious Award for Leading Beach Resort in South Asia

Summer Island Maldives has won the prestigious award for ‘Leading Beach Resort / Hotel’ in South Asia, at the annual South Asian Travel Awards...

BML continues positive trend with strong third quarter

In its quarterly update published today, Bank of Maldives unveiled strong financial results for Quarter 3 2017. Profit After Tax at MVR 247 million was...

SATA 2017 Gala Dinner and Awards concludes, with Maldives receiving 24 Awards

One of the most prestigious tourism awards in South Asia region, South Asian Travel Awards (SATA), the 2017 edition of which was held in...

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Can Cricket Heal the Maldives’ India Tourism Crisis?

The Maldives’ tourism industry has been thriving with record visitor numbers, yet one notable weak spot has emerged: tourist arrivals from...

Blackstone Eyes TMA in Deal Valued Under USD 500M, Deutsche Bank Seeks Financing Partners

Deutsche Bank is in discussions with lenders and private credit funds to arrange a USD 200 million loan to support Blackstone's...

Nikita Sharma to Speak at Sun Siyam Olhuveli Maldives on Cultivating a Positive Mindset

Sun Siyam Olhuveli Maldives is set to host a motivational session for its staff featuring Indian influencer and speaker Nikita Sharma...

CPI Rises 0.27% in February as Utilities and Telecoms See Price Hikes

The Maldives’ Consumer Price Index (CPI) rose by 0.27% in February 2025 compared to the previous month, showing a slight easing...

Gov’t Seeks Contractors for Council Buildings Across Six Atolls

The government is moving ahead with plans to construct council secretariat buildings on islands across six atolls, with Minister of Cities,...
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