Business

Exports jump by 36 percent to 231 million in April 2022

May 16, 2022, 13:33

Malé, Maldives - Statistics published by the Maldives Customs Service on Monday revealed that exports increased by 36% when compared to the same period of last year. The statistics indicate… Continued

Baby steps to developing a savings habit

May 11, 2022, 16:34

Money is always a sensitive topic to talk about. Often, most of us don’t have enough and on that note, financial planning seems to be a futile effort at managing… Continued

STO reports 23 percent increase with MVR 4 billion revenue

May 1, 2022, 13:50

Malé, Maldives - State Trading Organization on Saturday published its 1st Quarter Report of 2022, reporting a total revenue of MVR 4.04 billion which is an increase of 23% compared… Continued

MIFCO announces unlimited tuna purchase effective today

May 1, 2022, 13:20

Malé, Maldives - Maldives Industrial Fisheries Company Limited (MIFCO) on Saturday released the quota and announced unlimited tuna purchase effective 30 April 2022. MIFCO placed limits on tuna purchase on… Continued

MIFCO limits tuna purchase in the South to 7 tonnes

April 16, 2022, 15:35

Malé, Maldives - Maldives Industrial Fisheries Company Limited (MIFCO) on Saturday limited tuna purchase from the southern atolls to 7 tonnes effective tomorrow. MIFCO decided to limit the purchase of… Continued

Maldives’ economy to fully recover to pre-pandemic levels by 2023: The World Bank

April 14, 2022, 20:53

Malé, Maldives - Maldives’ economy, buoyed by a strong rebound in tourism, is projected to grow at 7.6 percent in 2022 and fully recover to pre-pandemic levels by 2023, but… Continued

BML Islamic introduces online application for Personal Financing

April 13, 2022, 17:30

Malé, Maldives - BML Islamic on Wednesday introduced the option to apply online, via internet banking and mobile app to BML Islamic Personal Financing. BML Islamic Personal Financing is ideal… Continued

JUST IN: Government authorizes purchase of all tuna caught by boats in queue

April 13, 2022, 01:51

Malé, Maldives - The Government of Maldives on Wednesday authorized the purchase of all tuna caught by fishing vessels queued at Koodoo. Total catch of all fishing boats in Koodoo… Continued

HDC to provide 629 housing units for employees

April 12, 2022, 13:54

Malé, Maldives - Housing Development Corporation (HDC) on Tuesday announced that 629 housing units will be provided for its employees from Hulhumalé Phase II. In an internal memo circulated to… Continued

Southern fishermen protest at Koodoo Fisheries Complex amid incapacity to purchase tuna

April 12, 2022, 13:39

Gaafu Alif Atoll, Maldivs - Fishermen from five southern atolls have gathered at the Koodoo Fisheries Complex to protest the incapacity to buy fish amid high fishing season. The protests… Continued