Hurawalhi Maldives Resort to be powered by Solar Energy
The Maldives is well know for its great weather and warm climate, and Hurawalhi Maldives Resort has announced that it is at the forefront...
“Corporate Maldives Gold List” – Annual list of top companies of Maldives
Corporate Maldives will publish an annual list of top companies of Maldives in the last quarter this year. "The Gold List" will include 100 top...
Maldives has highest internet penetration in South Asia: ITU
Maldives has the internet penetration in South Asia, with 54.46 percent of the population having connectivity to the internet, according to a report by the International...
Asia Pacific needs 814,000 new pilots, technicians & cabin crew by 2035
The Asia Pacific will need 814,000 new pilots, technicians and cabin crew to meet air passenger demand in the region over the next 20 years,...
Maldives Travel Awards’ application for nominations till 15th August
Maldives Association of Travel Agents & Tour Operators (MATATO) has extended the deadline of Maldives Travel Awards’ application for nominations till 15th August 2016.
During...
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...
LATEST ARTICLES
Report: Promises Unfulfilled, President Muizzu’s First Year in Office
One year ago, President Dr Mohamed Muizzu assumed office amidst high hopes and towering promises to revitalise the Maldivian economy and streamline...
Maldives Pension Administration Office Recognised at ISSA Good Practice Awards 2024
The Maldives Pension Administration Office (MPAO) has been recognised for its innovative approaches to pension management at the International Social Security Association...
Gov’t Expenditure Rises Amid Declines in Development Spending
According to the latest Weekly Fiscal Developments report published by the Ministry of Finance, the Maldives government’s expenditure rose by MVR 756 million as...
Maldives Seeks Commissioner of Reform to Lead Economic Overhaul
The Ministry of Finance has released detailed terms of reference for the position of Commissioner of Reform, who will head the newly...
President Muizzu Lauds High Commissioner Mahawar’s Contributions to Bilateral Partnership
The High Commissioner of India to the Maldives, Munu Mahawar, made a farewell call on President Dr Mohamed Muizzu as his diplomatic...
