BML reports Operating Profit of MVR 592 million in 2QFY2022
Malé, Maldives - Bank of Maldives on Sunday reported an Operating Profit of MVR 592 in the second quarter of the year 2022. With good performance in all core business… Continued
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Customs revenue jumps 44 percent in June 2022
Malé, Maldives - Maldives Customs Service on Sunday revealed statistics indicating an increase of 44 percent in the customs revenue in June 2022. The revenue for June 2022 is recorded… Continued
Elections Commission Vice Chair calls WDC election a waste of funds after low voter turnout
Malé, Maldives - The Vice Chairman of the Elections Commission of Maldives Ismail Habeeb raised concerns on Saturday after only 1009 people (8.34 percent) voted at the Addu City, Hithadhoo… Continued
Carlyle Group considers sale of Trans Maldivian Airways for USD 700 million
United States - Bloomberg reports that a group of investors led by Carlyle Group Inc. is considering a sale of Trans Maldivian Airways, for a value ranging from USD 500… Continued
Government cancels Independence Day parade amid cost-cutting measures
Malé, Maldives - The Government of Maldives on Sunday cancelled the Independence Day celebratory events as a cost-cutting measure. While massive celebrations were announced earlier for this years Independence Day… Continued
Maldives named “Best Island in Asia” at Travel + Leisure 2022 World’s Best Awards
The Maldives has won the “Best Island in Asia” accolade at Travel + Leisure 2022 World’s Best Awards. The island destination won the award at a ceremony held at Dante… Continued
Maldives beats pre-pandemic arrival rates in first 20 days of July
Malé, Maldives – Ministry of Tourism reported on Saturday that 900,808 tourists arrived in the island destination by 20 July 2022 surpassing the pre-pandemic arrival rates this month. From 1… Continued
MoU between India and Maldives’ JSC will advance Neighborhood First policy: Union Cabinet
India - The Union Cabinet on Wednesday approved the signing of a Memorandum of Understanding (MoU) in the field of judicial cooperation with the Judicial Services Commission of Maldives, stating… Continued
UAE’s low-cost airline Wizz Air launches flights to Maldives starting October 2022
UAE - Wizz Air Abu Dhabi, the ultra-low-fare national airline of the UAE, on Thursday announced new route from Abu Dhabi to the idyllic island paradise of the Maldives. The… Continued
Three percent voter turnout for Addu City Hithadhoo Women’s Development Committee by-election
Addu City, Maldives - Elections Commission (EC) of the Maldives reported that 3.74 percent of total 12,397 eligible voters have turned out to vote for the Addu City, Hithadhoo and… Continued