MTDC profits up by 69%
Maldives Tourism Development Corporation has released the official report for the fourth quarter of 2016, from October to December, indicating a clear 69% increase...
“Helium Haveeru” event held by Maldive Gas
Maldive Gas hosted an event called “Helium Haveeru” to promote their helium gas cylinders and canisters on Friday afternoon. The event took place simultaneously...
Customs announces 6% increase in imports, 17% increase in exports in March 2017
Maldives Customs Service has released their monthly statistics for March 2017, showing a 6% increase in imports, 17% increase in exports, and 23% increase...
STO Announces Reductions to Fuel and Staple Prices
State Trading Organization has announced reductions to fuel and staple prices beginning from 23rd April 2017.
According to a press release by STO, the price...
Dhiraagu opens pre-registration for Samsung Galaxy S8 and Samsung Galaxy S8+
Dhiraagu, as the Maldives’ leading digital services provider, has announced that the cutting-edge Samsung Galaxy S8 & S8+, with its stunning Infinity display, will...
BML Has ‘Best Ever Year’ In 2016, Confirms Nationwide Investment Program Will Continue
Highlights
- Profit After Tax MVR 1.02 billion, up 61% on 2015
- MVR 150 million invested in community services and infrastructure, including 4 new branches...
Five More Airports to be Signed for Development
Minister of Tourism Mr. Moosa Zameer has announced that agreements will soon be signed for the development of 5 new airports.
Speaking at a ceremony...
Dhiraagu AGM on April 20, 2017
Dhiraagu has announced their Annual General Meeting to be held on April 20, 2017 at the National Art Gallery.
The AGM will include passing of...
BML WOW KIDZ RUN 2017
Bank of Maldives, in collaboration with Total Fitness Group, will be conducting the second ‘BML WOW KIDZ RUN’ on May 2017.
The two companies signed...
MMPRC Preparing Extensive Promotions for Maldives at ATM 2017
Maldives Marketing and Public Relations Corporation has announced plans to promote Maldives extensively at the Arabian Travel Market (ATM) to be held in Dubai...
Ooredoo Shares at MVR30
Ooredoo Maldives has announced plans to sell 41% of shares from the company at a price of MVR 30 per share.
According to the prospectus...
USD 200 million worth Foreign Investments registered this year
The Ministry of Economic Development has released statistics revealing USD 200 million worth foreign investments registered in the Maldives in 2017.
The statistics were revealed...
Hilton 2016 Annual Report – Record Growth and Progress Globally
Hilton has publicized its annual report for the year 2016, revealing a year of record growth and remarkable progress.
A leader in the global hospitality...
Final Preparations Underway to Open Dhaalu Airport
Final Preparations are reportedly underway to open Dhaalu Airport at Kudahuvadhoo island, with test flights expected to land at the end of this month.
According...
Investment Forum for Addu Guesthouses on 22nd April
Maldives Integrated Tourism Development Corporation (MITDC) is preparing to host an Investment Forum for parties interested in investing in the guesthouse industry in Addu.
MITDC’s...
New General Manager at W Maldives
W Maldives, one of the most elite luxury resorts in the Maldives, has appointed Thomas Vaucouleur de Ville d’Avray as its new General Manager.
According...
MIRA records MVR 1.3 billion in Revenue in March 2017
Maldives Inland Revenue Authority (MIRA) has announced the income for March 2017 at MVR 1.3 billion.
According to MIRA’s statement, the bulk of the revenue...
Chinese Outbound Travel Market 2016 : 135 million travellers $261 billion expenditure
2016 was another strong year for outbound tourism from China, the world’s leading outbound market. International tourism expenditure grew by US$ 11 billion to...
Germany, the United Kingdom, France and Italy lead tourism spending in Europe – UNWTO
Germany, the United Kingdom, France and Italy are the four European markets in the top ten and all reported growth in outbound demand last...
New Self Service Banking ATM to support local community in LH. HINNAVARU
Bank of Maldives has introduced Self Service Banking in Lh. Hinnavaru, with a new ATM that will support the banking needs of the local...
SATA 2017 open for nominations
Nominations for the annual South Asian Travel Awards (SATA) has been opened.
In a statement, SATA secretariat said Friday that nominations are welcome for 34 major...
STO and Housing Ministry Sign Agreement for Warehouse at Male’ Industrial Village
State Trading Organization and Ministry of Housing and Infrastructure signed an agreement today to relocate block 393 warehouses to Male’ Industrial Village.
The agreement was...
CMDA Issues Custodian License to Bank of Mauritius
Capital Market Development Authority (CMDA) has issued a license to provide custodial services to Mauritius Commercial Bank Maldives Private Limited (MCB) today.
The license was...
ATM Global Halal Tourism Summit 2017
The inaugural ATM Global Halal Tourism Summit brings together some of the world’s leading Muslim Travel experts to discuss the nuances of this fast-growing...
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First Tranch of ADK Hospital’s Debut Bond Closes With Full Subscription
ADK Hospital has successfully closed the first tranche of its debut corporate bond, reaching full subscription—a historic first in the Maldives' capital market.
