Malahini Kuda Bandos has finally arrived
Malahini Kuda Bandos, a medium ranged 4-star resort developed on the former picnic island has welcomed the first tourists last week.
Malahini Kuda Bandos resort offers well...
Construction of India’s first transshipment port begins, less than 500 km from proposed port...
Indian conglomerate Adani Group has started construction on India’s first trans-shipment port, Reuters reported. The Indian government will give the Adani Group a grant...
Dhiraagu first half net profit up by 22% to MVR 449 million
Dhivehi Raajjeyge Gulhun (Dhiraagu) has gained a net profit of MVR 449 million for company’s first half of 2016 (January to June of 2016).
Credited as the first...
Sri Lanka to abolish minimum hotel room rates next year
Sri Lanka’s often disputed minimum hotel room rates enforced many years ago in Colombo city to curb price cutting is to be terminated next...
STO makes first half net profit of MVR 191 million
State Trading Organization (STO) makes net profit of MVR 191 million during the first half of 2016. This
STO, in their second quarterly report, revealed...
STELCO eyes floating solar station
Considering that the Maldives receives an abundance of sunshine year-round, the country's vision to boost the installation of solar power should come as no...
Maldives named number 1 in the Condé Nast Traveler’s list of ‘25 Best Island...
Maldives has been named the number 1 spot in the Condé Nast Traveler’s list of ‘25 Best Island Beaches for Swimming and Snorkeling'.
"It's no...
“Target is 500,000 tourist arrivals for guesthouses by 2020”
The main target of Guesthouses Maldives Conference is 500,000 tourist arrivals for guesthouses by 2020 according to the organiser of the event.
Speaking to Corporate Maldives, Director Business...
Dhigufaru Island Resort to open in August
Dhigufaru Island Resort in Baa Atoll has been set to open on August 15th. This will be the second opening this year after "Finolhu"...
Land reclamation for airport’s new runway begins
President Abdulla Yameen Abdul Gayoom on Monday inaugurated the land reclamation work of Ibrahim Nasir International Airport (INIA) expansion project.
The project, which is set...
Inaugural Islamic Finance Forum of South Asia on 26-27 July
The Inaugural Islamic Finance Forum of South Asia (IFFSA) will be held on 26 and 27 July at the Ramada, Colombo. Luminaries in the...
Bank of Maldives introduces a new loan product to support victims of disasters
Bank of Maldives has today introduced a new loan product to support victims of disasters to rebuild their homes. The BML Disaster Relief Loan,...
Commercial Bank of Maldives to commence banking operations in last quarter
Tree Top Investments have announced the opening of Commercial Bank of Maldives (CBM). Commercial bank of Maldives is set out to enhance and improve the...
“Copier Plus” & “the GUEST” signs as partners for Guesthouses Maldives Conference 2016
“Copier Plus” & "the GUEST" signed a Memorandum of Understanding (MoU) with Guesthouses Maldives Conference to become the “Office Automation Partner’ & "Hotel Amenities Partner" respectively for...
MIRA revenue for first half totals to MVR 7.9 billion
With MVR 155 million earned as acquisition cost of three islands newly leased by the state for resort development, Maldives Inland Revenue Authority (MIRA)...
India’s GoAir eyes Maldives amid international expansion
GoAir, India’s fifth-largest airline, is reportedly targeting a number of Gulf countries as part of a major expansion to its network.
According to local media,...
George Weinmann | The man behind Maldives’ largest international airline “Mega Maldives”
Corporate Maldives speaks to George Weinmann, the man behind Maldives’ largest international airline;
What’s the story behind MEGA Maldives Airlines, what convinced you that Maldives...
Amana Takaful Life announces IPO of LKR 75Mn
Amana Takaful Life Limited (ATLL), a fully-owned subsidiary of Amana Takaful PLC, has announced an Initial Public Offering (IPO), via an Offer for Sale...
CDL Hospitality Trusts’ Maldives assets to continue floundering: analysts
CDL Hospitality Trusts will continue to be plagued by weak performance from its Maldives assets, on back of persistent forex losses and soft demand.
According...
World Tourism Conference 2016 to be held in Penang, Malaysia
The Ministry of Tourism and Culture Malaysia (MOTAC) is delighted to once again host the World Tourism Conference (WTC). This year’s edition will be...
BML first half Net Profit up 152% to 570 million rufiyya
Bank of Maldives’ financial performance has continued its positive trajectory with first half Profit After Tax up 152% on the same period last year...
MIB to open its new branch in Kulhudhuffushi
Maldives Islamic Bank (MIB) has announced the opening of its new branch in Haa Dhaal Kulhudhuhfushi.
MIB Kulhudhuhfushi branch is located at Ground and First floor,...
“BML MOBILEPAY” – A new and faster way of making payments
Bank of Maldives has introduced a major new product that will lead to faster check-out times at shops and which will allow customers to...
International tourism continues to grow above average in the first four months of 2016
Photo: Malahini Maldives
Destinations worldwide received 348 million international tourists (overnight visitors) between January and April 2016, some 18 million more than the same period...
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Maldives Slams COP29 Climate Finance Deal as Inadequate Amid Escalating Crisis
The Maldives has criticised the USD 300 billion annual climate finance target agreed upon at the COP29 summit, stating that it falls...
Ministry Teams Up with ESCAP and APCICT to Support Women in Business
The Ministry of Social and Family Development, in collaboration with ESCAP (Economic and Social Commission for Asia and the Pacific) and APCICT...
Maldives Secures Nine Prestigious Titles at World Travel Awards 2024
The Maldives has cemented its position as a global tourism leader, winning nine prestigious titles at the World Travel Awards 2024, held...
Parliament Committee to Probe Pending Payments to SOEs
The Public Accounts Committee of Parliament has resolved to seek details of all pending payments owed to State-Owned Enterprises (SOEs), following a...
MPL Targets USD 6.5 Million in Revenue by Year-End
Maldives Ports Limited (MPL) is aiming to achieve USD 6.5 million in revenue by the end of this year, according to its...
