Remittance tax on expatriates to be introduced

News August 26, 2016

Remittance tax on expatriates to be introduced

The President, on Thursday has ratified a bill that imposes a remittance tax of 3% on the money transferred abroad by expatriate workers, effective...

News August 26, 2016

Tanintharyi Region government rejects bid to export sand to Maldives

The Tanintharyi Region government has rejected a recent proposal by Salt International Company to extract sand from Myeik district and export it to the...

News August 25, 2016

MIRA to collect Green Tax from Guesthouses starting 1st October 2016

Guesthouses will be charged Green Tax on tourists for each day of their stay starting from 1 October 2016, under the eighth amendment to...

News August 25, 2016

Close to majority of UAE residents eye traveling during Eid

A recent survey in the UAE, Saudi Arabia and Egypt conducted by YouGov revealed that 43% of Emirates’ residents are planning to travel during...

News August 24, 2016

EAT.MV Magazine 2016 issue launched & announces “Food Forum” for next year

EAT.MV magazine 2016 issue has been released today at a event held at Dharubaaruge during Food & Hospitality Asia Maldives. The magazine was launched...

News August 24, 2016

Hospitality Investment Conference Indian Ocean starts today in Colombo

Returning for the third time in 2016, Hospitality Investment Conference Indian Ocean (HICIO) 2016 started today in Colombo. With content that is relevant to the...

News August 23, 2016

Official press conference & reception of BML Guesthouses Maldives Conference 2016

The official press conference of BML Guesthouses Maldives Conference 2016 was held last night by Maldives Getaways Pvt Ltd at Champa Central Hotel. All the partners...

News August 23, 2016

MMA publishes a regulation on fees & charges payable by financial institutions

Maldives Monetary Authority has published a regulation on fees & charges payable by financial institutions. This Regulation is issued pursuant to Section 37 and 38...

News August 22, 2016

Dhiraagu establishes fiber network in Maafushi

Local telecom giant Dhiraagu has established a fiber network in the island of Maafushi in Kaafu atoll in a move to expand the island’s...

News August 22, 2016

Lily International unveils their new logo

Established on 10 October 2000, Lily International, the largest importer and distributor of food and beverage, personal care, hygiene and cosmetic products in the...

News August 21, 2016

Maldives Travel Awards 2016 breaks record for the number of nominations

Maldives Travel Awards 2016 has received the highest number of nominees in its five-year history. Maldives Travel Awards is an initiative started by a...

News August 21, 2016

FHAM International Culinary Challenge Started with over 450 Chefs

Food and Hospitality Asia Maldives (FHAM) has started the International Culinary Challenge today at Dharubaaruge. FHAM Culinary challenge is the biggest platform that showcases the...

News August 21, 2016

Booking.com & Expedia to participate in BML Guesthouses Maldives Conference 2016

“Expedia” & "Booking.com" has signed a Memorandum of Understanding (MoU) with Guesthouses Maldives Conference to participate in the event. Taking place in 24th September...

News August 21, 2016

South Asian Travel Awards 2016 opens for online voting

Online voting process of SATA will commence on 20th of August 2016 at 00:00 hrs and end on 5th October 2016 at 23:59 hrs. The process will be ensured with...

News August 20, 2016

Leading tax advisory firm, “CTL Strategies” appointed as a consultant for “GOLD 100”

CTL Strategies LLP, a leading tax advisory firm in the Maldives has been appointed as a consultant for "GOLD 100" companies list which will...

News August 19, 2016

BML takes steps to address high demand for US dollars

Bank of Maldives has announced a series of important steps to address the current high level of demand among travelers for US Dollars. For...

News August 18, 2016

Maldives drops three position on Doing Business ranking

Maldives plunges three position down from the recent report on "Doing Business 2016", published annually by the World Bank. Doing Business 2016 is an...

News August 18, 2016

Maldives invites developers to purchase islands and lagoons

The announcement, made on Wednesday by the Maldives’ Ministry of Tourism, included a series of different island plots, all of which are available on...

News August 18, 2016

Bank of Maldives becomes the Title Partner of Guesthouses Maldives Conference 2016

Bank of Maldives has today signed an agreement with Maldives Getaways to become the Title Sponsor of their upcoming guesthouse industry conference. With the confirmation...

News August 18, 2016

GoAir granted rights to fly overseas, to nine countries including Maldives

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Hospitality August 18, 2016

TMA signs agreement with Addu International Airport to start seaplane operations in Gan Airport

Trans Maldivian Airways (TMA) has on Tuesday signed an agreement with Addu International Airport to setup and operate a seaplane base in Gan Airport. According...

News August 18, 2016

ADB to Fund Expansion of Maldives’ Kulhudhuffushi Harbor

The Asian Development Bank (ADB) has approved a grant of $9.6 million to the Republic of the Maldives to expand Kulhudhuffushi Harbor, a project...

News August 17, 2016

MEGA Maldives Airlines awarded Air Operators Permit from the Directorate General of Civil Aviation...

MEGA Maldives Airlines has been awarded an Air Operators Permit from the Directorate General of Civil Aviation (DGCA) of India, to launch direct flights...

News August 17, 2016

MMA issues licence to a new insurance company

Maldives Monetary Authority gives license to a 100% Maldivian company to provide insurance service in Maldives. The new company is called Dhivehi Insurance Company...