Bank of Maldives introduces a new loan product to support victims of disasters

Bank of Maldives has today introduced a new loan product to support victims of disasters to rebuild their homes. The BML Disaster Relief Loan,...

Commercial Bank of Maldives to commence banking operations in last quarter

Tree Top Investments have announced the opening of Commercial Bank of Maldives (CBM). Commercial bank of Maldives is set out to enhance and improve the...

“Copier Plus” & “the GUEST” signs as partners for Guesthouses Maldives Conference 2016

“Copier Plus” & "the GUEST" signed a Memorandum of Understanding (MoU) with Guesthouses Maldives Conference to become the “Office Automation Partner’ & "Hotel Amenities Partner" respectively for...

MIRA revenue for first half totals to MVR 7.9 billion

With MVR 155 million earned as acquisition cost of three islands newly leased by the state for resort development, Maldives Inland Revenue Authority (MIRA)...

India’s GoAir eyes Maldives amid international expansion

GoAir, India’s fifth-largest airline, is reportedly targeting a number of Gulf countries as part of a major expansion to its network. According to local media,...

George Weinmann | The man behind Maldives’ largest international airline “Mega Maldives”

Corporate Maldives speaks to George Weinmann, the man behind Maldives’ largest international airline; What’s the story behind MEGA Maldives Airlines, what convinced you that Maldives...

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...

LATEST ARTICLES

Maldives and the Global South: A Strategic Recalibration Through India and Sri Lanka

Since the election of President Mohamed Muizzu in November 2023, Maldives’ foreign policy has undergone a profound recalibration. Once known for the...

STO Sees Resilient Second Quarter Despite Lower Revenue from Global Fuel Market

State Trading Organization (STO) reported steady performance for the second quarter of 2025, with strong profitability and improved liquidity, even as overall...

Embracing Paperless Accounting: Why Odoo is Gaining Ground in the Maldives

Maldivian businesses are steadily moving away from paper trails and spreadsheets, driven by the growing need to eliminate inefficiencies, reduce operational costs,...

Maldives Grants 90-Day Free On-Arrival Visas to Sri Lankan Tourists

Sri Lankan citizens travelling to the Maldives will now be eligible for a 90-day free on-arrival tourist visa, according to an announcement...

Dhiraagu Launches Colocation Services to Strengthen Maldives’ Digital Infrastructure

Dhiraagu has expanded its suite of enterprise services by introducing a new Colocation Service aimed at supporting businesses with secure and reliable...
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