STO to Reduce the Price of Petrol and Diesel

State Trading Organization Plc (STO) has reduced the price of petrol and diesel. 1-liter of diesel which was being sold for MVR 8.95 has been...

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...

THE MALDIVIAN ECONOMY IN 2016: AVIATION SECTOR

By: Shifneen Rasheed & Daha Shuaib Regardless of the ups and down in the economy, the aviation sector managed to achieve several developmental targets in...

THE MALDIVIAN ECONOMY IN 2016: HEALTH SECTOR

Health is a basic right to every citizen in the Maldives. Health services in the Maldives are delivered through primary health care. Most people...

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...

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...

‘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...

Maldives: From a beach getaway to the ultimate leisure boating paradise

Marine tourism is set to take a considerable hike in the Maldives. This is largely due to the much-anticipated expansion plan for Male’s Velana...

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...

Maldives records 11% rise in bed capacity: Tourism Ministry

Tourism Ministry statistics has revealed that Maldives experienced an 11 per cent increase in bed capacity from January till March compared to the same...

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...

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...

Hilton 2016 Annual Report – Record Growth and Progress Globally

Hilton has publicized its annual report for the year 2016, revealing a year of record growth and remarkable progress. A leader in the global hospitality...

THE MALDIVIAN ECONOMY IN 2016: CENTRAL GOVERNMENT FINANCE

By: Shifneen Rasheed & Daha Shuaib The public sector of the Maldives, especially the central government, plays a major role in propelling the country towards...

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...

THE MALDIVIAN ECONOMY IN 2016: FISHERIES 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...

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...

MIFCO under STO Management

Maldives Industrial Fisheries Company (MIFCO) was reallocated as a subsidiary of the largest trading company in the country, State Trading Organization (STO) in September...

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...

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...

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...

Predictions: Travel Trends 2017

The year 2017 will be welcomed within just few days and this is also the time where most of the companies in different industries...

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...

The Fastest Growing Business Travel Market, India – GBTA Report

Global business travel market spends $1.2 trillion in 2015, an increase of 5% from 2014, and is forecast to reach 1.3 trillion in 2016....

LATEST ARTICLES

Dhiraagu Extends Internet Support to State Care Facilities Across the Maldives

Dhiraagu has reaffirmed its commitment to supporting vulnerable children and victims of domestic abuse under state care by extending high-speed internet services...

Gov’t to Develop Landmark Tower and Financial Centre in Funadhoo

The Minister of Economic Development and Trade, Mohamed Saeed, has announced plans for a landmark tower in the Airport Economic Zone, which...

Road Assessment for Male’ and Villimale’ Completed by Chinese Expert Team

The Ministry of Construction and Infrastructure has announced the completion of road condition assessments for Male’ City and Villimale’. Conducted by a...

Maldives to Expand Fish Processing Capacity Ninefold Over Three Years

Minister of Fisheries and Ocean Resources Ahmed Shiyam has announced that the Maldives' fish processing capacity is set to increase from 35...

Maldives Records MVR 10.8 Billion Fiscal Deficit Amid Mixed Revenue and Expenditure Trends

The Maldives' Ministry of Finance has released its latest fiscal data, revealing a cumulative deficit of MVR 10.8 billion from January to...
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