Soneva Fushi signs agreement with UNDP to support SDGs in Maldives

Soneva Fushi has pledged to support the implementation of the Sustainable Development Goals in Maldives, by signing an agreement with UNDP The agreement was signed...

Fly to Bangkok for USD 425 with Sunland Travels

Sunland Travels have announced that they are to sell Male-Bangkok-Male return tickets for USD 425 during this holiday period. Sunland Travels is the official general...

MTCC appoints Maldives Securities Depository (MSD) as the service agent for Rights Issue

Maldives Transport and Contracting Company (MTCC) signed an agreement with Maldives Securities Depository (MSD) whereby MSD was appointed as the service agent for MTCC...

Condé Nast Traveler crowns Naladhu Maldives as best resort in the world

Naladhu Private Island Maldives, South Male’ Atoll has been crowned the best resort in the world in the Conde’ Nast Traveler Readers’ Choice Awards...

From Private Islands to A Barefoot Great Gatsby-themed New Year’s Eve Party, by Kanuhura...

Luxury resort Kanuhura Maldives rolls out its festive program, which includes bespoke festive options for luxury travellers.  Highlights of the Christmas and New Year...

Software Development Challenge to be held in November 2017

Five Best App Challenge, a mobile application software development challenge will be organised by the MInistry of Economic Development, with the purpose of bringing...

CMDA launches Company Secretaries Training Program 2017

Institute of Corporate Directors and secretaries of Capital Market Development Authority (CMDA) along with Women on Boards (WOB) started “Company Secretaries Training Program” aimed...

Palm Beach relaunched as Palm Beach Island Resort and Spa Maldives

Palm Beach Resort and Spa Maldives have relaunched as Palm Beach Island Resort and Spa Maldives under a local management. Italian operator Sun Sporting...

STO signs as a platinum sponsor for Maldives Investment Forum

State Trading Organization (STO) has signed as a platinum sponsor for the Maldives Investment Forum (MIF), which is to be held in Dubai on...

“MTCC has done everything possible in order to protect the rights of its shareholders”...

MTCC has done everything possible in order to protect the rights of its shareholders according to Registrar of Companies, Ms Mariyam Visam. Visam added...

MATATO to take part in 19 international travel trade fairs

Maldives Association of Travel Agents and Tour Operators (MATATO) have released their plans for the year 2018. They are expected to participate in no...

Maldives records MVR 166 million as Airport Development Charge

The Maldivian government has revealed that they have received MVR 166 million as departure tax from all operating international airports collectively. According to Maldives Inland...

Foreign investments approved passes USD 1 billion mark

Foreign investments approved this year has already passed the USD 1 billion mark, according to Registrar of Companies, Ms Mariyam Visam. Over the past...

Maha Jahraaf to reclaim land for Kulhudhufushi Airport as its first project

MTCC has announced that their new suction hopper dredger “Maha Jahraaf” will work on the land reclamation project for the Kulhudhufushi Airport as its...

Qatar Airways to operate Airbus A350 to Maldives

Qatar Airways has announced that all Qatar Airways flights to and from Maldives are to be upgraded to one of the world’s most modern...

Hotelier Maldives GM Forum to be held on April 18th 2018

Perspective Pvt Ltd (PPL) has announced that they are to host the third Hotelier Maldives GM Forum on the April 18th, 2018 in Kurumba...

Donad Investments opens their second outlet in Hulhumale’

Pioneers of Maldivian print and design industry, Donad Investments have opened up their second outlet “Print Sign” in Hulhumale’. Located at Handhuvaree Hingun, Hulhumale’ the...

State Trading Organization (STO) to restructure their pay distribution

State Trading Organization (STO) has decided to evaluate and restructure their pay distribution in order to improve the day to day running of the...

National airline, Maldivian to ferry tourists to Laamu Baresdhoo

The National airline, Maldivian has been handed the responsibility to ferry tourists to the developing integrated tourist city, Laamu Baresdhoo. Baresdhoo is an integrated...

Maldives Stock Exchange: MTCC has been essential in developing the Stock Market

In 1980, MTCC became the first company to issue public shares in Maldives and in 1984 they issued additional shares. In October 2017, the...

Hotel Jen Initiative on World Tourism Day

Hotel Jen welcomed a group of hospitality and tourism students from Imadhuddin School for a private tour of the hotel, both front and back...

Import and export of goods increases greatly in September 2017

Import and export of goods in Maldives are reported to have increased greatly in September 2017. The number of import goods increased by 10%...

Velana International Airport is expected to see a rise in flight numbers during winter

Velana International Airport is expected to see a rise in flight numbers over the European winter period. Minister Mohamed Saeed, who is in charge...

MIRA collects a total revenue of MVR 989.7 million in September 2017

Maldives Inland Revenue Authority (MIRA) collected a total revenue of MVR 989.7 million form tax earnings in September 2017. This is a 10.4 percent...

LATEST ARTICLES

Exchange Rate Pressures and Their Impact on Consumer Prices in the Maldives

The Maldives’ reliance on imports for essential goods has made exchange rate stability a vital factor in managing domestic inflation. With the...

EyeCare Distributes MVR 3.4 Million in Second Sukuk Payout

EyeCare has successfully distributed MVR 3.4 million in its second Sukuk profit payout, reinforcing its commitment to investors. The...

Dhiraagu Simplifies Fitr Zakat Payments with DhiraaguPay

Dhiraagu has announced that customers can now pay their Fitr Zakat easily and securely using DhiraaguPay. The service offers a seamless solution...

Maldives Revises Tourism Act with New Development and Lease Rules

President Dr Mohamed Muizzu has ratified the 15th amendment to the Maldives Tourism Act, introducing significant changes to the legal framework governing...

JLL Advises on Debt Refinancing for Hilton Maldives Amingiri Resort & Spa

JLL has announced its involvement in a significant debt refinancing transaction for Amingiri Holdings Pvt. Ltd., the owner of Hilton Maldives Amingiri...
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