Amana Takaful Life announces IPO of LKR 75Mn
Amana Takaful Life Limited (ATLL), a fully-owned subsidiary of Amana Takaful PLC, has announced an Initial Public Offering (IPO), via an Offer for Sale...
CDL Hospitality Trusts’ Maldives assets to continue floundering: analysts
CDL Hospitality Trusts will continue to be plagued by weak performance from its Maldives assets, on back of persistent forex losses and soft demand.
According...
World Tourism Conference 2016 to be held in Penang, Malaysia
The Ministry of Tourism and Culture Malaysia (MOTAC) is delighted to once again host the World Tourism Conference (WTC). This year’s edition will be...
BML first half Net Profit up 152% to 570 million rufiyya
Bank of Maldives’ financial performance has continued its positive trajectory with first half Profit After Tax up 152% on the same period last year...
MIB to open its new branch in Kulhudhuffushi
Maldives Islamic Bank (MIB) has announced the opening of its new branch in Haa Dhaal Kulhudhuhfushi.
MIB Kulhudhuhfushi branch is located at Ground and First floor,...
“BML MOBILEPAY” – A new and faster way of making payments
Bank of Maldives has introduced a major new product that will lead to faster check-out times at shops and which will allow customers to...
International tourism continues to grow above average in the first four months of 2016
Photo: Malahini Maldives
Destinations worldwide received 348 million international tourists (overnight visitors) between January and April 2016, some 18 million more than the same period...
More than 23,000 Businesses Registered: Economic Ministry
So far 23,626 businesses in Maldives have registered with the Ministry of Economic Development, the Ministry has said.
Speaking at a press briefing held at...
Sri Lanka’s Hayleys buys Maldivian resort “Kudarah” for US$23mn
Sri Lanka’s Hayleys PLC has acquired a Maldivian resort named Kudarah Island Resort through their subsidiary Luxury Resort private limited for 23 million US...
TripAdvisor launches a new airline reviews platform
TripAdvisor® today announced the launch of a new airline reviews platform, as well as a newly redesigned flights search service and beta launch of...
Singapore firm to develop second resort in Thaa atoll
Island Aviation Services (IAS) awarded the project to develop a tourist resort in the island of Ruhthibirah in Thaa atoll to a Singapore firm,...
“Coca-Cola” becomes the Beverage Partner for Guesthouses Maldives Conference 2016
“Coca-Cola” today signed a Memorandum of Understanding (MoU) with Guesthouses Maldives Conference to become the “Beverage Partner’ of the event. Taking place in 24th September 2016, “Guesthouses...
The Receding Dragon: The decline in Chinese Tourists to the Maldives
by Mifzal Ahmed
Editor’s Note: Mifzal Ahmed is Co-Founder and Vice President of Strategy at MEGA Maldives Airlines. MEGA Maldives Airlines is the largest international...
Hazana Maldives – A government finance company specializing in Islamic investment funds
Ministry of Finance has decided to establish Hazana Maldives Limited, a government finance company specializing in Islamic investment funds. The purpose of such establishment is...
“Fuel Supplies Maldives” becomes the Fuel Partner for Guesthouses Maldives Conference 2016
“Fuel Supplies Maldives” today signed a Memorandum of Understanding (MoU) with Guesthouses Maldives Conference to become the “Fuel Partner’ of the event. Taking place in 24th September...
Rogue One’s newest planet, Scarif, is based on Maldives
Scarif, one of the new environments that will appear in Rogue One: A Star Wars Story, was based on "paradise," director Gareth Edwards announced.
During a...
LUX* South Ari Atoll Maldives receives prestigious International Travelife Gold Certification
LUX* South Ari Atoll in the Maldives has received international recognition for its sustainable tourism ef-forts by being awarded prestigious Travelife Gold Certification. Travelife...
OZEN by Atmosphere at Maadhoo has finally arrived!
Maldives-based Atmosphere Hotels & Resorts is opens their new all-inclusive high-end luxury resort island, The OZEN by Atmosphere at Maadhoo. The property will offer 90...
Imports rise by 14% & Exports by 24% in June
The CIF value of goods imported during May has risen by 14 per cent compared to the same period last year. Approximately MVR 2.8 billion worth...
“Dhiraagu” becomes the Telecom Partner for Guesthouses Maldives Conference 2016
“Dhiraagu” today signed a Memorandum of Understanding (MoU) with Guesthouses Maldives Conference to become the “Telecom Partner’ of the event. Taking place in 24th September 2016, “Guesthouses...
Emirates is voted the World’s Best Airline by air travellers in the 2016 World...
The world's best airline for 2016 is Emirates, according to a survey of millions of airline passengers conducted by Skytrax.
The international airline, based in...
Maldives first Travel Trade Show to be held in July 2017
Maldives first travel trade show is scheduled to be held in July 2017. Travel Trade Maldives will be a platform that connects the travel trade...
“Sea-Doo” becomes the Jetski Partner for Guesthouses Maldives Conference 2016
“dTECh Company” today signed a Memorandum of Understanding (MoU) with Guesthouses Maldives Conference to make “SEA-DOO” the “Jetski Partner’ of the event. Taking place in 24th September...
Sun Siyam Iru Fushi ponders making ITFF in Maldives a regional event
The Sun Siyam Iru Fushi Maldives – which is currently holding the country’s first international tourism film festival - has expressed interest in making...
LATEST ARTICLES
Cusat Study Ties Maldives Mangrove Dieback to Climate and Sea Level Shifts
A recent study conducted by researchers at the Cochin University of Science and Technology (Cusat) in collaboration with the Environmental Protection...
India Notifies Export Quotas for Essential Commodities to Maldives for 2025-26
India has formally notified the export of specified quantities of essential commodities to the Maldives under the bilateral trade agreement between...
Tourism Sector GST Falls as Key Revenue Source in First Two Months of 2025
Maldives’ revenue collection for the first two months of 2025 reveals a mixed picture, with February marking a year-on-year increase while...
Tourism Ministry Announces New Resort Bids in Key Atolls
The Ministry of Tourism and Environment has opened bidding for the lease, development, operation, and management of tourist resorts in three...
President Muizzu Visits Liverpool to Kick Off Tourism Campaign with Liverpool FC
President Dr Mohamed Muizzu has departed for Liverpool, United Kingdom, to inaugurate a high-profile tourism promotion campaign in partnership with Liverpool...
