THE MALDIVIAN ECONOMY IN 2016: TOURISM SECTOR
Report by: Shifneen Rasheed & Daha Shuaib
The year 2016 was a year of ups and downs for the Maldivian economy. While some sectors experienced...
Zongshen eyes stakes in seaplane operators
Zongshen Group, a manufacturer of generators and engines, plans to purchase a stake in the biggest seaplane airline in the Maldives this year, in...
MIFCO under STO Management
Maldives Industrial Fisheries Company (MIFCO) was reallocated as a subsidiary of the largest trading company in the country, State Trading Organization (STO) in September...
MEGA Maldives Suspends Delhi Flights Temporarily
MEGA Maldives has announced a temporary suspension of flights between Male and Delhi, due to non-availability of aircraft and low demand.
The canceled flights are...
BML urges travelers to book USD at least 8 hours prior to flight
Bank of Maldives has released a statement urging all travelers using BML’s online portal to purchase USD to do so at least 8 hours...
BML to disburse MVR 107 million as 2016 dividends
Bank of Maldives' Board of Directors has disclosed that MVR 107.6 million will be disbursed as dividends for the year 2016, at a rate...
CCR Top Ten Tour Operators for 2016 Receive Plaques at ITB Berlin
Crown & Champa Resorts (CCR) awarded its Top Ten Tour Operators for 2016 at this year’s ITB Berlin with a commemorative plaque for their...
Maldives participates in Moscow International Exhibition Travel & Tourism (MITT)
Maldives is currently being exhibited in Moscow International Exhibition Travel & Tourism (MITT) which is held in Moscow, Russia from 14th – 16thMarch 2017.
MITT...
OZEN by ATMOSPHERE at MAADHOO wins the prestigious CONNOISSEUR CIRCLE AWARD for the “BEST...
Connoisseur Circle, the leading Luxury Lifestyle Magazine with the German speaking markets has just held its Annual Awards ceremony during ITB 2017, in Berlin,...
Ace Hardware Corp. at No.7 of Franchise 500
Ace Hardware Corp has placed at number 7 on Entrepreneur’s 38th annual Franchise 500 ranking, from among 988 companies.
Ace hardware and home center store...
STELCO to Construct Back-up Generator in Male’ Industrial Village
Ministry of Housing has awarded a 10,000 square feet land in Male’ Industrial Village to State Electric Company Limited (STELCO) to construct and operate...
Maldives Travel Awards 2017: People’s Edition to be hosted at TTM Gala Night
Maldives Travel Awards: People’s Edition 2017 will be held at Adaaran Select Hudhuranfushi during TTM Gala Night.
Maldives Travel Awards People’s Edition will recognize, successful...
MIRA reports MVR 1 Billion in Revenue in February 2017
Maldives Inland Revenue Authority (MIRA) has reported an income of MVR 1 Billion in February 2017.
According to MIRA, the received amount is 15.2% higher...
Kuredu awarded prestigious TUI Awards
Kuredu Island Resort & Spa, Maldives has been recognized as one of the top 100 for perfect holidays. For the 6th year in a...
Mr. Ismail Hameed | Director Marketing of Highrise
Mr. Ismail Hameed is an entrepreneur and one of the first people in the country to explore the publications and event industries of the...
Summer Island Maldives Awarded Prestigious ITS ‘Red Star’ Award
Summer Island Maldives has been awarded the prestigious ITS 'Red Star Award', placing the resort among the top 100 hotel properties in the ITS...
MATATO Launches Maldives Travel Awards 2017 with Two New Exclusive Categories
Two new editions and new categories were announced for Maldives Travel Awards, during an official launching for nominations, held in Berlin at the Maldives...
Bandos Maldives Signs as Premium Exhibitor for TTM 2017
Bandos Maldives has signed as a Premium Exhibitor for the first International Travel Trade Show of Maldives (TTM).
Conveniently located just 7km from Malé International...
Maldivian Negotiating Expansion to European Regions at ITB Berlin
The National Airline of Maldives, Maldivian, is reportedly negotiating with European airlines to expand their services, at the currently ongoing ITB Fair in Berlin.
According...
STO Sponsors Rent for Hope for Women Clinic
State Trading Organization has signed an agreement with ‘Hope for Women’ to sponsor the rent for their Legal Clinic premises.
The agreement was signed yesterday,...
PSM Officially Launches Maldives TV at ITB Berlin
Maldives TV, the first international channel of the Maldives has been officially launched at ITB Berlin by the Minister of Tourism, Mr. Moosa Zameer.
The...
Villa Hotels & Resorts signs as a Premium Exhibitor for TTM 2017
Villa Hotels & Resorts has signed as a Premium Exhibitor for first International Travel Trade Show of Maldives (TTM).
Villa Hotels & Resorts was established...
Maldives Destination Stand at ITB Berlin
A delegation of 280 participants from 88 different companies is participating at ITB Berlin 2017 in Germany from the 8th to 12th of this...
PATA to Offer Full Support to Make TTM 2017 a Success
Pacific Asia Travel Association (PATA) has pledged to offer their full support to make Travel Trade Maldives (TTM) 2017 a complete success.
PATA made this...
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