Kandima Resort Announces 250 Job Opportunities

Kandima Resort, a newly developed resort in Dhaalu Atoll, has announced 250 job opportunities in time for their reported opening in February 2017. According to news...

Large Portion of Loan has been Repaid – MTDC

Maldives Tourism Development Corporation (MTDC) has stated that they have repaid a large portion of the loan owed to the Government of Maldives. According to...

MTCC tests ‘Mahaa Jarraafu’ Dredger

Maldives Transport and Contracting Company (MTCC) has undocked and begun initial tests of their new dredger ‘Mahaa Jarraafu’. The dredger was constructed by Netherlands company...

Maldives will Participate in 14 Fairs this Year – MMPRC

Maldives Marketing and Public Relations Corporation (MMPRC) has announced that Maldives will participate in and be promoted at 14 different travel and tourism fairs...

Hassan Marine wins Mercury Marine’s Marketing Excellence award

Hassan Marine, which imports and sells Mercury Marine engines in the Maldives, has been awarded the Marketing Excellence Award. The award is given to the...

“Ban the Bags” signs as CSR Partner for TTM 2017

“Ban the Bags” has signed as CSR Partner for the first international Travel Trade Show of Maldives (TTM). TTM will be held on 12th...

Market Research on the Luxury Goods Industry

A report published by Bain & Company revealed some unexpected outcomes. As per this report, the global unsteadiness and political turns have led to...
MATATO President Abdulla Ghiyas launches "CONNECT" Conference Manager for TTM

“CONNECT” Conference Manager launched for TTM

CONNECT, a specialized conference management software, has been launched for the international Travel Trade Show of Maldives (TTM).  This software, which innovates meetings and...

Goods Imported on Behalf of a Third Party Subject to GST

The MIRA has published a circular concerning the GST implications for businesses that import goods on behalf of a third party. The circular reminds...

Media Partners signs for TTM 2017

Public Service Media (PSM), Avas Online, Maldives.net.mv, The Island Chief and Corporate Maldives have signed a MOU with Maldives Getaways Pvt Ltd to become...

MIRA Reports 14.5 billion in Revenue in 2016

Maldives Inland Revenue Authority has reported a total of MVR 14.5 billion in revenue in 2016. According to the official statistics released by MIRA, their...

16% Increase During First Month of Maldives Tourism Season

The first month of Maldives tourism high season (spanning from November to April) has shown a 16% increase in arrivals in comparison to last...

6 Hotel Trends Projected for 2017!

The hospitality industry is an industry that implements the most recent and up to date trends which they carry on either for a short...

MWSC to Establish Water and Sewerage System for Hulhumale’ Second Phase

Male’ Water and Sewerage Company (MWSC) has been awarded a 25-million-dollar project to establish the water and sewerage system for Hulhumale’ Second Phase. The agreement...

MATATO to host destination stand at WTM Connect Asia 2017

MATATO invites its members and industry partners, to participate in WTM Connect Asia 2017, to be held from the 17th to 19th of May...

15.2 Million Dollars Sold to Over 30,000 Travelers– MMA

Maldives Monetary Authority has publicized that 15.2million US dollars were sold to over 30,000 local travelers between 20th November 2016 and 9th January 2017. MMA,...

Top 12 events for Maldives Businesses in 2017

2016 was a year of many firsts in the Maldives, with several new events that popped up and made headlines throughout the country. With...

Qatar Airways Travel Festival 2017

Qatar Airways’ popular Travel Festival is back and is bigger than ever for 2017, with exceptional deals and more than 500 incredible prizes to...

MMA increases Credit Guarantee Scheme Allotment to 100million

Maldives Monetary Authority has announced that the allocated budget for the Credit Guarantee Scheme has been raised by 50million due to exceptionally favorable response...

Dhiraagu Becomes Development Partner for Young Fishers Club

Dhiraagu has signed on to become the official Development Partner of Maldives Fishermen’s Associations' Young Fishers Club. According to Dhiraagu, this is an initiative under Dhiraagu’s...

CARE Ratings closes Maldives Office

Credit Analysis and Research Limited (CARE), the second largest credit rating agency in India, has closed their Maldives Branch Office. CARE has been operating in...

BML Launches Online Portal for Dollar Purchase

Bank of Maldives (BML) has launched an online portal for convenient purchase of US dollars. With this new portal, BML account holders travelling to other...

US President Obama Denies All Pending Permits for Seismic Airgun Blasting in Atlantic Ocean

As seen on http://www.ecowatch.com The Obama administration has formally denied all pending permits to conduct seismic airgun blasting in the Atlantic Ocean. Seismic airgun blasting, an extremely...

Ooredoo Maldives Nationwide Submarine Cable Project Complete

Ooredoo Maldives has successfully completed their 25million dollar project to extend their submarine cable network to all corners of the Maldives. With seven landing stations...

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Import-Driven Growth Propels Maldives’ Retail Sector Forward in Q3 2024

The Maldives’ Quarterly National Accounts for Q3 2024 reveal an optimistic trajectory for the wholesale and retail trade sector, with Gross Value...

Roads and Municipal Infrastructure Development in Gulhifalhu Set to Begin Under New Agreement

An agreement was signed between the Maldivian government and China Machinery Engineering Corporation for the development of roads and municipal infrastructure in...

Registrations Open for Corporate Maldives “Bizweek”

Corporate Maldives opens registrations for its flagship event, “Bizweek”, which will be held from 14 – 15 May 2025.

High Commissioner of India G. Balasubramanian Begins Mission in Maldives

The newly appointed High Commissioner of India to the Maldives, G. Balasubramanian, presented his Letters of Credence to President Dr Mohamed Muizzu...

2025 Set for Record Housing Projects in the Maldives

President Dr Mohamed Muizzu has revealed that the Maldivian government will begin the search for contractors to implement all planned housing projects...
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