“The country will always welcome investors”

"The country would be open 24 hours for investors without any constraints" said the Vice President of the Maldives, Mr Abdullah Jihadh, addressing the...

The next Investment Forum to be held at Doha

During the on going Maldives Investment Forum held at Delhi, the Economic Minister Mr. Saeed has stated that the next forum will be held...

Al Shaali Marine announces new boat series “Exclusive to Guest Houses”

Al shaali Marine is preparing to launch a new product in December exclusively tailored for the Guest Houses industry in the Maldives. The 21 foot...

The Maldives’ first Investment Fund registered

Capital Market Development Authority (CMDA) has registered the first the Maldives' first investment fund under the name Watercress Growth Fund Pvt Ltd. The registration...

MATATO Travel Conference concludes

Maldives Association of Travel Agents and Tour Operators, MATATO has launched the First Edition of Maldives Travel Conference, at Bandos Maldives. The conference was attended by 150...

Maldives Investment Forum ready to kick off

The Maldives Investment Forum will begin tomorrow with over 400 companies participating from both Maldives and India. Speaking to press, Economic Executive Coordinator stated that...

Current system for US Dollar sales to be overhauled

Maldives Monetary Authority would take over and overhaul the current system for the sale of US dollars to ensure fast service to customers and...

New Five Rufiyaa note to be released by MMA

The previously announced MVR 5 coin is going to be released as a note that is in line with the current series of new...

Thomas Cook to open an own-branded resort in the Maldives

Thomas Cook is to open an own-branded hotel in the Maldives – one of 14 new properties to be developed in the next two...

Japanese mail-order firm opening Westin resort in Maldives

Catalog shopping giant Belluna is building a resort hotel in the Maldives under the Westin brand to tap the rise in Japanese, Chinese and...

SATA Awards concludes with Maldives taking home 18 awards

The SATA awards is one of the most prestigious awards aimed at recognizing and rewarding the best performing tourist destinations and businesses in the...

Chinese Yuan at an 8 year low

The Chinese yuan  hit an eight-year low as the central bank set a weaker daily guidance rate. The currency fell to 6.8729 against the greenback,...

“Maldives Travel Conference” to be held on 19th November

Maldives Association of Travel Agents and Tour Operators, MATATO will be launching the First Edition of Maldives Travel Conference, on 19th November 2016. Over a...

Dhiraagu Provides Free Conference Calling Services to The Blind and Visually Impaired Society of...

Dhiraagu supports The Blind and Visually Impaired Society of Maldives (BVISM) under its corporate social responsibility programme, by providing a special Add-On which would...

Government earnings at 888 million last month

With Rf 888.4 million earned from different taxes in the previous month, the government has earned Rf 12.3 billion this year. Statistics released by Maldives...

MATATO urges government to spend more on destination marketing

Maldives tourism industry is demonstrating immense growth in terms of bed capacity, and we have seen this figure almost double in the last ten...

Automatic check clearance has started

Automatic check clearance in all the banks in the country has started to day under the Automatic Check Clearance House system and Direct Debit is...

Sri Lanka imposes tax on online bookings

Sri Lanka last week introduced a tax for online accommodation bookings, increased its airport embarkation tax to US$50 from the current US$35 and announced...

Customs earnings at 215 million in October

Last October saw a 1% increase in the [rice of imported goods into the country in comparison to October 2015, with Rf 2.7 billion...

M7 Print signs as Print Partner for TTM 2017

M7 Print has signed a MOU with Maldives Getaways Pvt Ltd to become the Print Partner for first International Travel Trade Show of Maldives...

Mega Maldives to organize India launch event at New Delhi on the 24th November

MEGA Maldives Airlines are launching direct non-stop flights to Delhi and Mumbai. To commemorate this, Mega Maldives have organized a launch event at Shangri-La Eros Hotel in New...

Maldives promoted at WTM London & CITM Shanghai

Maldives participated in the 37th edition of the WTM together with the partners from Tourism Industry. Minister of Tourism, Hon. Mr. Moosa Zameer heads...

The Government launches website to keep public informed of the Budget 2017

A booklet and a website to convey the information regarding the budget for the next year was launched today by the government. In a function...

Current 500 and 1,000 rupee bills of India ceased being legal tender

In a surprise announcement Tuesday night, Prime Minister Narendra Modi said India will replace its largest-denomination bank notes with newly designed ones, a move...

LATEST ARTICLES

Jetex in Talks to Operate VIP Terminal at Velana, No Green Light Yet

Speculation is swirling around a possible agreement between Maldives Airports Company Limited (MACL) and Dubai-based aviation firm Jetex regarding the operation of...

Gov’t Eyes Stronger Investment Ties with Singapore in Tourism and Renewable Energy

The Maldivian government is confident that Singaporean investors will expand their footprint in the country, particularly in areas vital to economic development,...

Maldives, India Hold Talks to Deepen Trade and Investment Links

The governments of the Maldives and India have held discussions to further strengthen bilateral trade and investment relations, reaffirming a shared commitment...

Maldives Secures USD 25 Million for Early Warning Climate Project

The Green Climate Fund (GCF) has approved a USD 25 million grant to the Maldives under the SAP050 project, titled "Toward Risk-Aware...

Maldivian Introduces New Onboard Rules for Power Banks Starting July 6

Maldivian, the national airline of the Maldives, has announced the introduction of strict new safety regulations concerning the carriage and use of...
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