BML CEO proud of the company’s progress
Following a strong year for Bank of Maldives, CEO Andrew Healy updated shareholders at tonight’s AGM on performance trends since 2014 when the Bank...
Main goal of TTM 2019 is to bring Top 200 operators from Top 30...
Organizers of TTM have announced that the main goal of TTM 2019 is to bring Top 200 operators from Top 30 markets to Maldives....
2017 – A prosperous year for Maldives tourism with $2.7 billion
The year 2017 was a prosperous one for the tourism sector, as evidenced by the impressive growth in tourist arrivals, which soared to its...
Reethi Faru Resort welcomed into the Preferred Hotels and Resorts Alliance
Recently opened in the Maldives during December 2017, Reethi Faru Resort joins the Preferred Hotels and Resorts Alliance, the world's largest independent hotel brand. Reethi...
Fushifaru launches ‘Maldivian Mind, Body & Soul’ with all-women Maldivian Gurus
Fushifaru Maldives is partnering with some of the Maldives leading female wellness and creative figures to launch its wellness programme Maldivian Mind, Body &...
STO to hold the company’s AGM on 30th of May
State Trading Organization (STO) has announced that the company will hold their Annual General Meeting on the 30th of May.
In an announcement made by...
HDFC introduces housing loan schemes for youth
Housing Development Financing Corporation (HDFC) has introduced a feasible housing loan scheme targeted towards youths.
HDFC finances several housing projects including housing loan schemes; with...
BML to open longer than other banks during ramazan
Bank of Maldives has today announced it will support its customers with longer hours and more services than other banks during Ramazan. All of...
ACE announces “Makeover with ACE” contest
ACE Hardware & Home Centre Maldives has introduced “Makeover with ACE” social media photo contest. This successful contest was first introduced last year Ramadan...
MACL signs agreement with Think Advertising for publishing “VIA Maldives” Magazine
Maldives Airports Company Ltd (MACL) has awarded Think Advertising the right to develop and publish the official magazine of Velana International Airport, “VIA Maldives”....
Dhiraagu becomes a platinum corporate member of Maldivian Red Crescent
As part of their plans to support the valuable work in humanitarian efforts across the Maldives, Dhiraagu becomes a platinum corporate member of the...
HDFC to issue 10,000 bonds worth MVR 100 million
Housing Development Finance Corporation (HDFC) has announced plans to issue 10,000 bonds worth MVR 100 million to finance housing projects.
The bond will be issued...
Net profit of banks decreased by 17 percent in 2017
Net profit of banks in Maldives has decreased by 17 percent during the previous year.
The Annual Report published by the Maldives Monetary Authority (MMA)...
Brand New Postpaid Schemes Launched by Ooredoo Maldives
Postpaid packages introduced in early March by Ooredoo Maldives has been revamped and reintroduced to the market.
Under the new postpaid package scheme, package allowances...
Ministry of Tourism Reveals Land Acquisition Fee Structure
Ministry of Tourism has revealed the acquisition fees for tourism-related projects.
Under the law of developing tourist resorts, hotels, guesthouses and marinas- acquisition fee can...
Housing Development Finance Corporation to distribute MVR 22 as dividend
Housing Development Finance Corporation (HDFC) has announced that they are to distribute MVR 22 per share as dividend for the financial year of 2017.
This...
TTM 3rd Edition to be held on April 20th to 22nd 2019
TTM, also known as Travel Trade Maldives have scheduled their annual Travel Tradeshow in the Maldives to be held on April 20th till the...
Dhiraagu TV and Dhiraagu Fiber Launched in Kuda Huvadhoo
Dhiraagu IP TV and Dhiraagu Fiber has been launched at Kuda Huvadhoo.
The launching took place with a colourful festival which included a lucky draw promotion...
MIRA reveals first quarter report for 2018: Records MVR 4.99 billion as revenue
Maldives Inland Revenue Authority (MIRA) has announced that they have collected MVR 4.99 Billion as revenue in the first quarter of 2018.
In their quarterly...
Growth momentum sustained at Amana Takaful Maldives: Pays 10% Dividends. Record Claims payments
Amana Takaful (Maldives) PLC, the only Shariah-compliant entity, listed in the Maldives Stock Exchange concluded its seventh Annual General Meeting on 6th May 2018.
The...
Ooredoo Maldives hosts AGM- Decides to distribute MVR 3.20 per share
Ooredoo Maldives has decided to distribute dividends of MVR 3.20 per share based on the profit made by the company in 2017.
This was decided...
Economic Ministry Relaxes Operational Hours of Businesses and Restaurants
Ministry of Economic Development has announced that they are to relax the operational hours of businesses and restaurants alike. Starting from May 11th, 2018...
BML & TFG successfully concludes BML Wow Kidz Run 2018
Bank of Maldives in partnership with Total Fitness Group (TFG) has successfully concluded BML Wow Kidz Run 2018 on May 5th, 2018.
According to BML,...
STO increases 31 Laari per litre for Petrol and Diesel
State Trading Organization (STO) has decided to increase 31 Laari per litre for petrol and diesel.
In a press release, the biggest importer of oil...
LATEST ARTICLES
Architecture That Breathes: How Aséria Balances Climate and Comfort
Situated on the northeastern edge of Hulhumalé, Aséria is emerging as a true architectural marvel in the Maldives. With strong interest from...
Maldives Halal Travel Wraps Up Major Campaigns in Bosnia, Malaysia, and the Philippines
Maldives Halal Travel has concluded three major destination marketing campaigns across Bosnia and Herzegovina, the Philippines, and Malaysia, wrapping up the initiative...
Maldives Targets New Wave of Investors With 50-Year Resort Leases
In its latest bid to expand high-value tourism infrastructure, the Government of Maldives has opened public tendering for the lease, development, operation,...
Gov’t Spending Trails Behind Revenue as Maldives Posts MVR 1.36 Billion Surplus
The Maldives recorded a budget surplus of MVR 1.36 billion as of 19 June 2025, despite subdued government spending on capital projects....
Gov’t Invites Bids to Develop Halal-Compliant Resorts on Long-Term Leases
The Ministry of Tourism and Environment has announced a public tender for the lease, development, and operation of six tourist resorts under...
