15.2 Million Dollars Sold to Over 30,000 Travelers– MMA
Maldives Monetary Authority has publicized that 15.2million US dollars were sold to over 30,000 local travelers between 20th November 2016 and 9th January 2017.
MMA,...
Top 12 events for Maldives Businesses in 2017
2016 was a year of many firsts in the Maldives, with several new events that popped up and made headlines throughout the country. With...
Qatar Airways Travel Festival 2017
Qatar Airways’ popular Travel Festival is back and is bigger than ever for 2017, with exceptional deals and more than 500 incredible prizes to...
MMA increases Credit Guarantee Scheme Allotment to 100million
Maldives Monetary Authority has announced that the allocated budget for the Credit Guarantee Scheme has been raised by 50million due to exceptionally favorable response...
Dhiraagu Becomes Development Partner for Young Fishers Club
Dhiraagu has signed on to become the official Development Partner of Maldives Fishermen’s Associations' Young Fishers Club.
According to Dhiraagu, this is an initiative under Dhiraagu’s...
CARE Ratings closes Maldives Office
Credit Analysis and Research Limited (CARE), the second largest credit rating agency in India, has closed their Maldives Branch Office.
CARE has been operating in...
BML Launches Online Portal for Dollar Purchase
Bank of Maldives (BML) has launched an online portal for convenient purchase of US dollars.
With this new portal, BML account holders travelling to other...
US President Obama Denies All Pending Permits for Seismic Airgun Blasting in Atlantic Ocean
As seen on http://www.ecowatch.com
The Obama administration has formally denied all pending permits to conduct seismic airgun blasting in the Atlantic Ocean. Seismic airgun blasting, an extremely...
Ooredoo Maldives Nationwide Submarine Cable Project Complete
Ooredoo Maldives has successfully completed their 25million dollar project to extend their submarine cable network to all corners of the Maldives.
With seven landing stations...
Leased Plots at ‘Guesthouse Island’ Baresdhoo will be Handed Over in February – MITDC
Maldives Integrated Tourism Development Corporation (MITDC) has announced that land plots leased from ‘Guesthouse Island’ Baresdhoo in Laamu Atoll, will be handed over as...
Dhoogas will be awarded to MPL very soon – Junaid
Mohamed Junaid, Chief Operating Officer of Maldives Ports Limited (MPL), has stated that Dhoogas Hotel in Gan will be awarded to MPL very soon.
Speaking...
MITDC to Reclaim Lagoon near Male’ for Picnic Island
Maldives Integrated Tourism Development Corporation (MITDC) will reportedly be reclaiming a lagoon near Male’ to be developed as a picnic island for local residents.
MITDC...
Air China to Commence Direct Flights to Maldives
Chinese Ambassador to the Maldives Wang Fukang has announced that Chinese national airline, Air China, is preparing to begin direct flights between Maldives and...
Talks Underway for Haa Dhaalu Naagoshi Resort Project – MITDC
Maldives Integrated Tourism Development Corporation has announced that talks are underway for the Haa Dhaalu Naagoshi resort project to be switched to MITDC’s tenure.
MITDC’s...
Remittance Tax Imposed on Expatriate Workers
Maldives Inland Revenue Authority (MIRA) has announced that a 3% remittance tax will be levied from all foreigners employed in the Maldives for withdrawals...
Small Business Ideas for Maldives
There are a lot of individuals in the Maldives, particularly young adults, who are interested in working from home or running a small business...
Carpooling services – is it an option to reduce congestion in Male’?
Carpooling service worldwide has shown remarkable achievement in reducing traffic congestion, and traffic congestion is the most abhorrent dilemma surfaced today in the capital...
Maldives Wins Favorite Remote Beach Destination
Maldives has won the ‘Favorite Remote Beach Destination’ award at the 29th Annual Condé Nast Traveler Readers’ Choice Awards Middle East 2016.
The Readers’ Choice...
Ooredoo Submarine Cable Lands at Baa Eydhafushi
Ooredoo Maldives has successfully added Baa Eydhafushi to the list of islands with 4G+ coverage with the expansion of their submarine cable network.
This 25...
TTM Fair is an Important Step Forward for Maldives Tourism – MMPRC
Maldives Marketing and Public Relations Corporation (MMPRC) has stated that Travel Trade Maldives (TTM) fair, Maldives’ first Travel and Trade show, is a very...
Output Tax Statement Now Compulsory for 20-30million Rufiyaa Annual Turnover – MIRA
Maldives Inland Revenue Authority (MIRA) has announced that beginning from 1st January 2017, all GST registered persons and entities with an annual turnover between...
Adaaran Resorts signs as a Premium Exhibitor for TTM 2017
Adaaran Resorts has signed as a Premium Exhibitor for first International Travel Trade Show of Maldives (TTM).
Adaaran Maldives island resorts offer unparalleled hospitality with...
Scope of Witholding Tax on payments to Online Travel Agents widened
Maldives Inland Revenue Authority has issued a circular instructing the taxpayers to pay withholding tax on payments made to all online travel agencies (OTAs),...
Southeast Asia slow to adopt content marketing: LinkedIn
The digital landscape in Asia Pacific is constantly shifting. Finding creative ways to skirt ad blocking and engage online buyers. The trend is further...
LATEST ARTICLES
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...
Dhiraagu Fuvahmulah Run 2025 Bib Expo Begins in Fuvahmulah City
Dhiraagu has commenced the distribution of race kits and bibs for the Dhiraagu Fuvahmulah Run 2025 (DFR), with the Bib Expo...
Berjaya and Sunway Leaders Discuss Expansion into Maldives
President Dr Mohamed Muizzu, during his ongoing official visit to Malaysia, held meetings with two prominent Malaysian business leaders to explore...
MMPRC and Emirates Deepen Collaboration to Promote Maldives Globally
The Maldives Marketing and PR Corporation (MMPRC) and Emirates have renewed their strategic partnership to jointly promote the Maldives as a...
