Kandima Resort Announces 250 Job Opportunities
Kandima Resort, a newly developed resort in Dhaalu Atoll, has announced 250 job opportunities in time for their reported opening in February 2017.
According to news...
Large Portion of Loan has been Repaid – MTDC
Maldives Tourism Development Corporation (MTDC) has stated that they have repaid a large portion of the loan owed to the Government of Maldives.
According to...
MTCC tests ‘Mahaa Jarraafu’ Dredger
Maldives Transport and Contracting Company (MTCC) has undocked and begun initial tests of their new dredger ‘Mahaa Jarraafu’.
The dredger was constructed by Netherlands company...
Maldives will Participate in 14 Fairs this Year – MMPRC
Maldives Marketing and Public Relations Corporation (MMPRC) has announced that Maldives will participate in and be promoted at 14 different travel and tourism fairs...
Hassan Marine wins Mercury Marine’s Marketing Excellence award
Hassan Marine, which imports and sells Mercury Marine engines in the Maldives, has been awarded the Marketing Excellence Award.
The award is given to the...
“Ban the Bags” signs as CSR Partner for TTM 2017
“Ban the Bags” has signed as CSR Partner for the first international Travel Trade Show of Maldives (TTM). TTM will be held on 12th...
Market Research on the Luxury Goods Industry
A report published by Bain & Company revealed some unexpected outcomes. As per this report, the global unsteadiness and political turns have led to...
“CONNECT” Conference Manager launched for TTM
CONNECT, a specialized conference management software, has been launched for the international Travel Trade Show of Maldives (TTM). This software, which innovates meetings and...
Goods Imported on Behalf of a Third Party Subject to GST
The MIRA has published a circular concerning the GST implications for businesses that import goods on behalf of a third party.
The circular reminds...
Media Partners signs for TTM 2017
Public Service Media (PSM), Avas Online, Maldives.net.mv, The Island Chief and Corporate Maldives have signed a MOU with Maldives Getaways Pvt Ltd to become...
MIRA Reports 14.5 billion in Revenue in 2016
Maldives Inland Revenue Authority has reported a total of MVR 14.5 billion in revenue in 2016.
According to the official statistics released by MIRA, their...
16% Increase During First Month of Maldives Tourism Season
The first month of Maldives tourism high season (spanning from November to April) has shown a 16% increase in arrivals in comparison to last...
6 Hotel Trends Projected for 2017!
The hospitality industry is an industry that implements the most recent and up to date trends which they carry on either for a short...
MWSC to Establish Water and Sewerage System for Hulhumale’ Second Phase
Male’ Water and Sewerage Company (MWSC) has been awarded a 25-million-dollar project to establish the water and sewerage system for Hulhumale’ Second Phase.
The agreement...
MATATO to host destination stand at WTM Connect Asia 2017
MATATO invites its members and industry partners, to participate in WTM Connect Asia 2017, to be held from the 17th to 19th of May...
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...
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The Price of Residency: What the Maldives Must Fix Before Welcoming Wealth
This week, the Maldives officially entered the global investment migration market. In partnership with Henley & Partners, the country is launching its...
MMPRC Acknowledges Financial Losses, Outlines Reforms and Marketing Push
The Maldives Marketing and Public Relations Corporation (MMPRC) has responded to heightened scrutiny over its financial performance, after audit and parliamentary reports...
Maldives Sees Modest Inflation Rise in May, Driven by Electricity and Food Prices
Inflation in the Maldives edged up in May 2025, with the Consumer Price Index (CPI) rising by 0.48 percent compared to April....
Business Owners Must Apply for Tobacco Licence by 17 July, Says HPA
The Health Protection Agency (HPA) has reminded business owners that 17 July is the deadline to apply for a licence to conduct...
MMA Report: Resort Tourism Dips Even as Tourist Arrivals Surge in May
Tourist arrivals to the Maldives rose by 13 percent in May 2025 compared to the same period last year, according to the...
