Sports Tourism and Maldives
Destinations around the world welcomed 956 million international tourists between January and September 2016 according to the latest UNWTO reports. This is an increase...
From Oil to Coffee – The Gazprom Beans
Russia's Gazprom Neft is turning into a sort of Starbucks. Deflating fuel prices are not a concern for them anymore. Just sell coffee at...
India’s Demonetization and Digital Transactions
Amidst the India's controversial demonetization process, some companies (mostly digital) excelled to triumph with surprising profits. Fulled by the cash crunch, people are summoned to digital...
Hotel Jen Malé Maldives is Named “Leading Business Hotel” at Matato Maldives Travel Awards...
Hotel Jen Malé Maldives celebrates with great pleasure its win of the “Leading Business Hotel” award at the MATATO Maldives travel Awards held at...
Tesla completes acquisition of SolarCity
Tesla is officially in the solar energy business after their acquisition of SolarCity officially closed Monday morning, bringing together Elon Musk’s electric vehicle company with the...
Youth at MIF: not what you would expect
With over 400 participant from both Maldives and India, the Maldives Investment Forum has been quite the success story with many innovations and new...
“The country will always welcome investors”
"The country would be open 24 hours for investors without any constraints" said the Vice President of the Maldives, Mr Abdullah Jihadh, addressing the...
The next Investment Forum to be held at Doha
During the on going Maldives Investment Forum held at Delhi, the Economic Minister Mr. Saeed has stated that the next forum will be held...
Al Shaali Marine announces new boat series “Exclusive to Guest Houses”
Al shaali Marine is preparing to launch a new product in December exclusively tailored for the Guest Houses industry in the Maldives.
The 21 foot...
The Maldives’ first Investment Fund registered
Capital Market Development Authority (CMDA) has registered the first the Maldives' first investment fund under the name Watercress Growth Fund Pvt Ltd. The registration...
MATATO Travel Conference concludes
Maldives Association of Travel Agents and Tour Operators, MATATO has launched the First Edition of Maldives Travel Conference, at Bandos Maldives.
The conference was attended by 150...
Maldives Investment Forum ready to kick off
The Maldives Investment Forum will begin tomorrow with over 400 companies participating from both Maldives and India.
Speaking to press, Economic Executive Coordinator stated that...
Current system for US Dollar sales to be overhauled
Maldives Monetary Authority would take over and overhaul the current system for the sale of US dollars to ensure fast service to customers and...
New Five Rufiyaa note to be released by MMA
The previously announced MVR 5 coin is going to be released as a note that is in line with the current series of new...
Thomas Cook to open an own-branded resort in the Maldives
Thomas Cook is to open an own-branded hotel in the Maldives – one of 14 new properties to be developed in the next two...
Japanese mail-order firm opening Westin resort in Maldives
Catalog shopping giant Belluna is building a resort hotel in the Maldives under the Westin brand to tap the rise in Japanese, Chinese and...
SATA Awards concludes with Maldives taking home 18 awards
The SATA awards is one of the most prestigious awards aimed at recognizing and rewarding the best performing tourist destinations and businesses in the...
Chinese Yuan at an 8 year low
The Chinese yuan hit an eight-year low as the central bank set a weaker daily guidance rate.
The currency fell to 6.8729 against the greenback,...
“Maldives Travel Conference” to be held on 19th November
Maldives Association of Travel Agents and Tour Operators, MATATO will be launching the First Edition of Maldives Travel Conference, on 19th November 2016.
Over a...
Dhiraagu Provides Free Conference Calling Services to The Blind and Visually Impaired Society of...
Dhiraagu supports The Blind and Visually Impaired Society of Maldives (BVISM) under its corporate social responsibility programme, by providing a special Add-On which would...
Government earnings at 888 million last month
With Rf 888.4 million earned from different taxes in the previous month, the government has earned Rf 12.3 billion this year.
Statistics released by Maldives...
MATATO urges government to spend more on destination marketing
Maldives tourism industry is demonstrating immense growth in terms of bed capacity, and we have seen this figure almost double in the last ten...
Automatic check clearance has started
Automatic check clearance in all the banks in the country has started to day under the Automatic Check Clearance House system and Direct Debit is...
Sri Lanka imposes tax on online bookings
Sri Lanka last week introduced a tax for online accommodation bookings, increased its airport embarkation tax to US$50 from the current US$35 and announced...
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...
