The Maldives Finance Forum 2017 set to take place on the 11th of May

Maldives Finance Forum, organized by Maldives Pension Administration office is set to take place at Kurumba Maldives on the 11th of May 2017. The...

THE MALDIVIAN ECONOMY IN 2016: TELECOMMUNICATION SECTOR

Despite the limited number of players in the telecommunication industry of the Maldives, the sector has achieved tremendous growth over a short period of...

THE MALDIVIAN ECONOMY IN 2016: TOURISM SECTOR

Report by: Shifneen Rasheed & Daha Shuaib The year 2016 was a year of ups and downs for the Maldivian economy. While some sectors experienced...

‘Infinity’ – subscribe for Initial Public Offerings (IPOs) online

Infinity by Maldives Security Depository  Maldives ranks amongst the top 100 countries in ICT development index. Banking on the high adoption rate of Internet, a...

Millions Spent Every Year to Rent Government Offices — Huge Waste of Taxpayer Money!

The scarcity of suitable infrastructure for state institutions poses a significant obstacle for the government. It was hoped that the construction of...

2.1% Dip in Tourist Arrivals for March 2017

The Ministry of Tourism has released tourist arrival stats for March 2017, showing a slight dip in the overall numbers in comparison to 2016. The...

THE MALDIVIAN ECONOMY IN 2016: FINANCIAL SECTOR

Report by: Shifneen Rasheed & Daha Shuaib The year 2016 was a promising year for the financial sector of the Maldives. As the country strives...

Travel Megatrends of 2017: Innovation and the Future of Tourism – Skift

Skift, an industry champion in travel related analysis has revealed their forecasted mega trends for the future at PATA Annual Summit 2017 held in...

Maldives Making Commendable Efforts for Measles Elimination and Rubella Control

REPORT from World Health Organization By Dr Poonam Khetrapal Singh, WHO Regional Director for South-East Asia. The World Health Organization commends Maldives for its unprecedented efforts to...

Asian economy boomed despite a downgrade caused by India – ADB

Recent publication by the Asian Development Bank indicated a steady growth for the Asian economies despite a temporary setback caused by the Indian demonetization. It...

8 things Maldivian football can learn from English Premier League & Indian Super League

by Akhmeem Abdul Razzaq FAM should immediately stop the organizing and executing of football tournaments in the country. The role of FAM should be...

Overall Revenue Generated from Taxes Dropped Last Month – MIRA

Statistics published by Maldives Inland Revenue Authority (MIRA) revealed that the revenue generated from Goods and Services Tax (GST) dropped by 18% last month. ...

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...

Don’t focus on the icing of the cake, instead concentrate on the cake!

  by Rifaath Saeed How do you prospect? A question I often asked some of the junior colleagues in the industry. Some of them say they...

Revenue Generated from the Export of Fish Totaled to $10.5 Million in June Month

Statistics published by Maldives Monetary Authority (MMA) have revealed that revenue generated from fish exports during June month totaled to $10.5 Million. The “Economic Review”...

Massive Increase in the Revenue Generated from Tourism Land Rent

It has been revealed by Maldives Inland Revenue Authority (MIRA) that the revenue generated from tourism land rent has increased tremendously. Statistics issued by MIRA...

Ditching Traditional DMO’s: Case Study of Copenhagen vs Maldives

Wonderful Copenhagen just announced that they are ditching their traditional DMO’s role and focus on a brand new destination strategy that will lead them...

Delays in Ameenee Magu Project — Businesses in the Area at a Great Loss!

Ameenee Magu is one of Male' City's busiest roads because it is one of the largest. Nevertheless, inhabitants of Male have long...

Deadline Extended for Filing BPT Return

Maldives Inland Revenue Authority (MIRA) has extended the period for the submission of last year’s Business Profit Tax (BPT) Return and reports to 16th...

Report: The High Cost of Corruption in the Maldives

It is widely known that the Maldives suffers from a significant problem with corruption, with no agency responsible for taking action against...

MTCC Announces Revenue of MVR 24.6 Million Within the Second Quarter of this Year

Maldives Transport and Contracting Company (MTCC) has announced that they have earned revenue of MVR 24.6 Million within the second quarter of this year....

Case study on fundamental basics Guest Engagement

The case study was done by Vaibhav Garg, the Cluster Director of Talent & Culture at Accor Hotels, Maldives and former resort manager at Eriyadu...

THE MALDIVIAN ECONOMY IN 2016: CONSTRUCTION SECTOR

Report by: Shifneen Rasheed & Daha Shuaib The year 2016 was a year of ups and downs for the Maldivian economy. While some sectors experienced...

India Renews Export of Staple Food Quota to Maldives

India has renewed the quota of exporting onion and potato to Maldives for one year. This news was published in Indian media after receiving...

LATEST ARTICLES

New Transport Links: Govt’s Strategy to Connect Key Development Zones

The Maldivian government has revealed plans to establish an integrated transportation network connecting Rasmale, Giraavaru Falhu, and Gulhifalhu. This project, in collaboration...

Amendment to the Maldives Securities Act Opens New Avenues for Foreign Investors

The People’s Majlis has passed the third amendment to the Maldives Securities Act 2/2006, marking a significant step towards enhancing foreign investment...

Adoption of Digital Banking: An Overview of Internet and Mobile Banking in the Maldives

In recent years, the Maldives has seen a significant shift towards digital banking services, reflecting a global trend in the financial sector....

Intour Maldives Marks 28 Years by Adopting 28 Sea Turtles

Intour Maldives, a leading luxury destination management company (DMC) in the Maldives, has celebrated its 28th anniversary by adopting 28 sea turtles...

Gov’t Reassures Investors Amid Sukuk Value Decline

The Maldivian government has moved to reassure investors following a dramatic fall in the value of its Sukuk bonds, amid escalating concerns...
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