Construction of India’s first transshipment port begins, less than 500 km from proposed port in Maldives
Indian conglomerate Adani Group has started construction on India’s first trans-shipment port, Reuters reported. The…
Section
News
Dhiraagu first half net profit up by 22% to MVR 449 million
Dhivehi Raajjeyge Gulhun (Dhiraagu) has gained a net profit of MVR 449 million for company’s first…
Sri Lanka to abolish minimum hotel room rates next year
Sri Lanka’s often disputed minimum hotel room rates enforced many years ago in Colombo city…
STO makes first half net profit of MVR 191 million
State Trading Organization (STO) makes net profit of MVR 191 million during the first half…
STELCO eyes floating solar station
Considering that the Maldives receives an abundance of sunshine year-round, the country’s vision to boost…
Maldives named number 1 in the Condé Nast Traveler’s list of ‘25 Best Island Beaches for Swimming and Snorkeling’
Maldives has been named the number 1 spot in the Condé Nast Traveler’s list of…
Dhigufaru Island Resort to open in August
Dhigufaru Island Resort in Baa Atoll has been set to open on August 15th. This…
Land reclamation for airport’s new runway begins
President Abdulla Yameen Abdul Gayoom on Monday inaugurated the land reclamation work of Ibrahim Nasir…
Inaugural Islamic Finance Forum of South Asia on 26-27 July
The Inaugural Islamic Finance Forum of South Asia (IFFSA) will be held on 26 and…
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…
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…
“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…
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…
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…
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…
Amana Takaful Life announces IPO of LKR 75Mn
Amana Takaful Life Limited (ATLL), a fully-owned subsidiary of Amana Takaful PLC, has announced an…
CDL Hospitality Trusts’ Maldives assets to continue floundering: analysts
CDL Hospitality Trusts will continue to be plagued by weak performance from its Maldives assets,…
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…
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…
MIB to open its new branch in Kulhudhuffushi
Maldives Islamic Bank (MIB) has announced the opening of its new branch in Haa Dhaal Kulhudhuhfushi.…
“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…
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…
More than 23,000 Businesses Registered: Economic Ministry
So far 23,626 businesses in Maldives have registered with the Ministry of Economic Development, the…
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…