The 7 companies to develop flats in Hulhumaale selected
Building the housing flats for the middle class income sector of the economy has been awarded to the 7 companies by Housing Development Corporation, HDC.
The...
Customs collected MVR 223 million in November
The most recent statistics by the Customs Authority stated that they have received an income of MVR 223 million in the month of November...
Nearly 100,000 Maldivian travelers to Srilanka
With the start of the school vacations, travelers outbound from the country rises, be it for holidays or medical reasons travelers go to neighboring...
Bank of Maldives seeks to appoint members to the Bank’s Shari’ah Advisory Committee
Bank of Maldives PLC seeks to appoint members to the Bank’s Shari’ah Advisory Committee to advise the Board of Directors and Management on Shari’ah...
First month of remittance tax totals at MVR 6.8 million
The remittance tax that had been implemented to tax the money foreign workers send out of the country has proven to be productive with...
Etihad Airways celebrates 5 years of operations in the Maldives
Etihad Airlines is one of the top airline brands that operate in the Maldives and today celebrated 5 years of success in the country...
Lily Beach Resort & Spa signs as a Premium Exhibitor for TTM 2017
Lily Beach Resort & Spa has signed as a Premium Exhibitor for first International Travel Trade Show of Maldives (TTM).
Lily Beach Resort & Spa...
AccorHotels invests US $16.8m in Banyan Tree
Banyan Tree Holdings and AccorHotels have entered into a long term partnership to develop and manage Banyan Tree-branded hotels around the world.
Banyan Tree will...
Nasandhura announces new apartment complex
The most iconic and historic hotel in Male' City has announced that they would be selling apartments from their new apartment complex that is...
Deployment of submarine cable commences by Ooredoo
The USD 25 million project to lay down a submarine cable in the country from the North to South.
Work has commenced and the landing...
A survey is being conducted about expenditure of Maldivians abroad
The Central Bank of the Maldives MMA has stated that they would be conducting a survey this month from the 24th to the 30th...
MIRA stats: income increased by 26%
The most recent stats released by MIRA has shown that the income generated has increased by 29% and has amounted to over MVR 1...
BML presents awards for long time service staff
Bank of Maldives has awarded and shown their gratitude towards 31 staff who have provided their services to the bank for the longest period...
A major change to the GST time of supply rules
An amendment has been brought to the GST Regulation, changing the time of supply rules of advance payments, non-refundable deposits and retention payments of...
Salary Enforcement Regulation published
The Ministry of Economic Development has published the Salary Enforcement Regulation on 24th November 2016 that sets out the administrative rules to be followed...
Donald J.Trump named person of the year by TIME Magazine
After dominating TV screens and mainstream media for the past year or so, after announcing to run for president, President elect of the United...
“GOLD 100 GALA” to be held on 21 February 2017 at Kurumba Maldives
GOLD 100 GALA is an invitation-only networking event bringing together top executives of Maldivian business community and also assist those in search of new...
Maldives 1,000 Rufiyaa Note nominated for the IBNS Banknote of the Year 2016 Award
Maldives 1,000 Rufiyaa Note from the Ran Dhihafaheh note series has been nominated for the International Bank Note Society (IBNS) Banknote of the Year...
Dhiraagu to Expand 4G LTE Service Nation Wide
Dhiraagu has announced that it has officially started its 4G expansion project to rollout the service across the entire country. Dhiraagu has engaged vendors to...
Maldivian to connect South to Gan
With scheduled international flights starting at Gan, Maldivian has set out to connect Gan International Airport to the Southern most local airports.
Last Thursday saw...
Changes to be brought to annual and registration fees for companies
The Economic Ministry has started work on plans to put an end to the annual fees registered companies have to pay.
During his address to...
Corporate Maldives to recognize Visionary Business Leaders with “Lifetime Achievement Award”
Corporate Maldives has established the Lifetime Achievement Award to recognize visionary business leaders who have made significant contributions to the Maldivian business community as well...
Boutique island resort in Baa Atoll, Milaidhoo now Open
Set in the heart of a UNESCO Biosphere Reserve in the Baa Atoll region, the luxury boutique resort Milaidhoo Island Maldives is now open....
VAMCo has launched a special promotion for “Nanni” engines
“VAMCo has launched a special promotion under the name “Nanni Mekuhah” on 27th Novmeber 2016. Under the promotion up to 15% discount will be...
LATEST ARTICLES
Parliament Pushes Through MVR 56.6 Billion Budget, Axes Accountability Measures
The Maldivian Parliament has approved a state budget of MVR 56.6 billion for 2025, despite criticism over the lack of specifics on...
MIRA Implements Changes to GST Regulation, Eases Rules for Staff Cafes
The Maldives Inland Revenue Authority (MIRA) has published the 31st Amendment to the Goods and Services Tax (GST) Regulation, introducing key updates...
Construction Minister Flags Misuse of Advance Payments by Contractors
Minister of Construction Dr Abdulla Muthalib has raised concerns over the misuse of advance payments by contractors, which has stalled several development...
Opening of New International Terminal at VIA Delayed Until Mid-2025
The opening of the new international terminal at Velana International Airport (VIA) has been postponed until mid-2025 at the recommendation of the...
The Cost of Control: What the Maldives Stands to Lose with Power Centralisation
In a move that has raised alarms about the erosion of democratic norms, President Mohamed Muizzu has ratified amendments to the laws...
