MIRA collected MVR 1.35 billion in July 2016

Maldives Inland Revenue Authority (MIRA) reveals that the earnings for this July has increased by 9.4 percent compared to the same period last year. MIRA...

Average expenditure $528, 58% travel for medical purposes – Maldivians Traveling Abroad Survey

The Central Bank of Maldives, Maldives Monetary Authority (MMA), published a survey 'Maldivians Traveling Abroad' conducted by the Statistics Division of MMA with the assistance...

Tax Ruling issued by MIRA on the GST treatment of imported goods

A Tax Ruling has been issued by the Maldives Inland Revenue Authority (MIRA) on 8 August 2016 clarifying the GST treatment of imported goods....

MEGA to Fly Hajj Pilgrims to Jeddah

MEGA Maldives Airlines will be flying a total of 603 Maldivian passengers for their annual pilgrimage to the Holy City of Mecca. The passengers,...

World Tourism Organization & Maldives Monetary Authority endorses Guesthouses Maldives Conference

Mr. Xu Jing, Regional Director for Asia & the Pacific of World Tourism Organization (UNWTO) has acknowledged the importance of Guesthouses Maldives Conference &...
Canareef Maldives

Maldives no longer a member of “Vanilla Islands”

Maldives is no longer a member after a decision taken at the recent Vanilla Islands ministerial meeting. The ‘Vanilla Islands’ group is made up...

Pulse Hotels & Resorts appoint new General Manager and Resort Manager for Kandima Maldives

Pulse Hotels & Resorts has appointed new General Manager and Resort Manager for Kandima Maldives opening in December 2016. Grant Jefferies is an Australian born,...

Corporate Maldives becomes the media partner for Dr. Joel Freeman Seminar

Dr Joel Freeman, author of many best-selling books in 28 foreign translations, “IGNITE Your Entrepreneurial Passion! CREATE THE DEMAND” endorsed by Steve Forbes, Brian...

Aitken Spence records 31% top line growth in Q1 despite low returns from Maldives

Reflecting top line growth across all sectors – tourism, maritime and logistics, strategic investments and services; leading blue chip – Aitken Spence PLC posted...

BML to provide a payment function in the newly announced Maldives Passport Card

Bank of Maldives has announced a collaboration with Maldives Immigration to provide a payment function in the newly announced Maldives Passport Card. A Memorandum...

Maldives Tourism to be promoted by Jacqueline Fernandez in India

Maldives has adapted various ways and techniques in promoting the country; thus, appointing ambassadors is one of the techniques to endeavor. Social media is...

Copier Plus introduces the latest L6000 printers from Brother Brand

Copier Plus Pvt Ltd today introduces the latest L6000 from Brother Brand which includes a mono laser printer (HL-L6400DW) and a 4-in-1 multi-function centre...

The Transcending Indian Outbound Travel Market

Recently, Indian economy portrayed a boom demonstrating a growth in the rising middle class and disposable income of the Indian population. The trend emulated a...

China’s outbound tourism slows amid weak yuan, Maldives tourism badly affected

The weaker yuan has slowed growth in China’s outbound tourism, said analysts, with the yuan down more than 7 per cent against the US...

CMDA formulates requirements to register investment funds

Capital Market Development Authority (CMDA) tables requirements to formulate investment funds in the Maldives. CMDA is an independent body responsible for developing and regulating the...

Kuwait Fund gives a loan of 50 million dollars to build the new terminal

Kuwait Fund has given a loan of 50 million dollars to build the new terminal at Ibrahim Nasir International Airport. An agreement was signed between...

“Lily International” – Main Partner for Guesthouses Maldives Conference 2016

“Lily International” has signed a Memorandum of Understanding (MoU) with Guesthouses Maldives Conference to become “Main Partner’ of the event. Taking place in 24th...

Ayady introduces ‘Family Takaful’

Ayady Takaful, a subsidiary division of Allied Insurance,  signs a Memoradum of Understanding (MoU) with Maldives Police Service for provision of Family Takaful plans to take...

“State Trading Organization” signs as a Premium Partner for Guesthouses Maldives Conference 2016

“State Trading Organization” has signed a Memorandum of Understanding (MoU) with Guesthouses Maldives Conference to become “Premium Partner’ of the event. Taking place in...

110,432 Tourist arrivals in July 2016

According to statistics published by Ministry of Tourism, 110,432 tourists arrived in the month of July 2016 compared to 104,517 compared to same period...

Bank of Maldives participates in the Credit Guarantee Scheme by MMA

Bank of Maldives has confirmed its participation in the Credit Guarantee Scheme which was launched this morning by the Maldives Monetary Authority (MMA). Under...

“Mega Maldives” & “Maldives Gas” signs as partners for Guesthouses Maldives Conference 2016

“Mega Maldives” & “Maldives Gas” signed a Memorandum of Understanding (MoU) with Guesthouses Maldives Conference to become the “Airline Partner’ & “Gas Partner” respectively for the event....

Maldivian to start flight operations to Mumbai & Delhi

Island Aviation has revealed that Maldivian will start traveling to Mumbai & Delhi in India. Managing Director of Malivian, Abdul Haris said that the to...

USD 622.6 million in national reserve at start of July – MMA

Maldivian Monetary Authority (MMA) has announced that the money in national reserve at start of July amounted to USD 622.6 million. Monthly economy review by...

LATEST ARTICLES

PGO Requests ACC to Investigate Settlement Payments by Former Administration

The Prosecutor General’s Office (PGO) has formally requested the Anti-Corruption Commission (ACC) to conduct an investigation into compensation payments made to private...

The Final Stretch: Will Maldives Shatter Its Tourism Target?

The Maldives remains steadfast in its quest to achieve the milestone of 2 million tourist arrivals by the end of 2024. As...

Maldivian Introduces Additional Flight to Hanimaadhoo Amid Peak Season

Maldivian, the national carrier of the Maldives, has announced an additional flight to Hanimaadhoo, enhancing its domestic connectivity during the peak travel...

Green Fund Allocates MVR 57.6 Million for Coastal Protection Projects in September 2024

The Maldives Ministry of Finance has released its Green Fund Report for September 2024, providing an in-depth look at the nation’s environmental...

Mauroof Jameel Takes Helm at HDC as Corruption Allegations Rock Corporation

The government has appointed Mohamed Mauroof Jameel as the new Managing Director of the Housing Development Corporation (HDC). The announcement, made on...
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