7% increase in Exports in 2016
Statistics from Customs reports have shown a 7% increase in exports in the Maldives in 2016 compared to the previous year.
According to the records,...
Air France to launch new service to Maldives
As of 1st November 2017, Air France will be offering two weekly flights to Malé, the capital of the Maldives, on departure from Paris-Charles...
Coco Collection opens Maldives’ first Turtle Rescue Centre in partnership with the Olive Ridley...
Coco Collection celebrated the opening of the first Turtle Rescue Centre at Coco Palm Dhuni Kolhu on 2nd February 2017, in an official and...
BML Point-of-Sale network expansion continues with 4,000th Merchant
Bank of Maldives has expanded its Point-of-Sale (POS) network to 4,000 merchants as it continues to step up its support for retailers across the...
Economic Ministry Announces Efforts to Improve Maldives’ Placement in Ease of Doing Business Index
Ministry of Economic Development has announced plans to promote Maldives to the top 50 of the World Bank’s annual Ease of Doing Business Index.
The...
MIRA Announces Further Ease for Small Businesses
Maldives Inland Revenue Authority (MIRA) has announced that sole proprietorships and deemed partnerships with a monthly income below MVR 40,000 are no longer required...
MTCC Board approves Share Split and Rights Issue
On 08th January 2017, the Board of Directors of MTCC Plc has proposed a share split and a rights issue. Chairman Mr. Ahmed Niyaz...
Self Service Banking introduced in Fuvahmulah as a part of BML’s “Aharenge Bank” program
Bank of Maldives has continued to scale up its investment in communities with the introduction of a new Self Service Banking Centre in Fuvahmulah....
BML marks World Cancer Day with donation & participation at sports festival
Bank of Maldives has marked World Cancer Day with a donation to the Cancer Society of Maldives (CSM). The donation was announced at a...
Ooredoo Maldives’ Enterprise Support Center Opened
Ooredoo Maldives has inaugurated a new high-tech 24-hour support center for corporate clients, titled ‘Enterprise Support Center’.
The Enterprise Support Center has 15 engineers and...
Tourism Ministry Reinforces Mandate for Monthly Statistics Submissions
The Ministry of Tourism has released a circular announcing that Guesthouses and Safari Operators who fail to submit monthly statistics reports will be penalized...
ACE Hardware Announces Winners of ‘Bodu Faheh’ Promotion
ACE Hardware and Home Center has announced the two lucky winners of their ‘Bodu Faheh’ (Big Five) promotion.
The promotion was conducted to celebrate ACE...
MIRA Announces Record Income in January 2017
Maldives Inland Revenue Authority (MIRA) has announced a record income of MVR 2.2 billion in the first month of 2017, an amount never before...
Centurion Concludes Share Sales
Centurion PLC, the first Maldivian company to go public, has concluded the sales of their shares at the end of January 2017.
According to a...
GOLD 100 GALA to be held on 21 February 2017 at Kurumba Maldives
GOLD 100 GALA is an invitation-only networking event bringing together top executives of Maldivian business community. This event will be held at Kurumba Maldives...
New Promotion at VIA Awarding Free Motorbikes
A special promotion has been announced at ‘Dhovemi’ arrival shop at Velana International Airport, awarding a motorcycle to a lucky winner every three months.
The...
BML Launches ‘Aharenge Bank’ Community Campaign
Bank of Maldives has announced an extensive program of initiatives to support local communities. At a special event held at Champa Central Hotel this...
UAE World’s Top Halal Travel Destination
The “2016-2017 Global Islamic Economy Report”, developed and produced by Thomson Reuter has ranked the UAE as the world’s top halal travel destination.
The report...
Dream Hotel Group Signs Two Resorts in the Maldives
Dream Hotel Group signed two hotels in the Maldives with local entrepreneur Mohamed Manik and Alpha Kinam Holdings to develop The Chatwal Maaga Maldives and Dream Gasveli...
Dhiraagu Announces 16% increase in Profits
Telecom giant Dhiraagu has announced a 16 percent increase in annual profits for the year 2016, totaling MVR 840 million.
At a special ceremony to...
J A Manafaru Wins 10th Top Hotel in The World
JA Manafaru, a stunning island beach resort in the Maldives, owned and managed by JA Resorts & Hotels has taken the 10th spot in...
Ministry of Tourism Announces Change in Minimum Ratio of Staff Facilities Developed
The Ministry of Tourism has announced a change to the minimum ratio of staff facilities developed, to 1:1.5. The change was announced via a...
Vaibhav Garg to Speak at European Luxury Hospitality Summit 2017
Vaibhav Garg – Cluster Director of Talent & Culture of AccorHotels, Maldives will be speaking at the luxury-focused hospitality event “EUROPEAN LUXURY HOSPITALITY SUMMIT” from...
BML Posts Strong Profits & Reaffirms Commitment to Invest MVR 300 Million in 2017
Bank of Maldives has finished 2016 with a strong last quarter and has reaffirmed its commitment to invest MVR 300 million this year to...
LATEST ARTICLES
Bank of Maldives and MMPRC Join Forces for Global Destination Marketing Campaign
Bank of Maldives (BML) has entered into a strategic partnership with the Maldives Marketing and Public Relations Corporation (MMPRC) to promote...
Pre-Schedule Your Corporate Maldives Network Meetings Now
Corporate Maldives Network meetings are now open through Corporate Maldives Network for pre-scheduled meetings as part of Corporate Maldives Bizweek.
Parliament to Review Asna Hamdhy’s Nomination for MMA Deputy Governor
President Dr Mohamed Muizzu has nominated Aishath Asna Hamdhy for the post of Deputy Governor at the Maldives Monetary Authority (MMA),...
Gov’t Opens Subscription for New Round of Treasury Bills
The Ministry of Finance and Planning has invited subscriptions for a new series of Maldivian Rufiyaa-denominated Treasury Bills (T-Bills), offering investors...
Maldives Moves to Block Companies in Debt from Bidding for Government Contracts
Parliament has unanimously approved new measures aimed at recovering outstanding debts owed to the state, including a policy change that would...
