Business

Transactions can be be only in MVR with instant payment system: MMA Governor

March 17, 2021, 10:16

Malé, Maldives - Governor of Maldives Monetary Authority (MMA), Ali Hashim has said that all transactions done within Maldives will be made in Maldivian Rufiya (MVR) after the central banks… Continued

Maldives opens for interested parties to develop an international container transshipment port

March 16, 2021, 12:11

Malé, Maldives —The Economic Ministry has opened opportunities for parties who are interested in building an international container transshipment port in the north of Maldives. Ministry had opened for opportunities… Continued

President Solih concludes official visit to Qatar

March 16, 2021, 09:21

Doha, Qatar - President Ibrahim Mohamed Solih has concluded his official visit to Qatar following the re-establishment of diplomatic relations between the two countries. During the trip, President Solih met… Continued

Maldives inaugurates floating city project

March 14, 2021, 19:39

Malé, Maldives — The Former President and Current Speaker of Maldives, Mohamed Nasheed has inaugurated the Maldives Floating City (MFC) project today. The Ministry of Tourism of Maldives tweeted making… Continued

All domestic transactions to be made in MVR

March 14, 2021, 18:14

Malé, Maldives - Maldives Monetary Authority (MMA) has issued a notice to all banks operating in Maldives to stop card transactions made in USD within the country. In the memo… Continued

Maldives to introduce ‘3-V’ tourism

March 13, 2021, 17:40

Malé, Maldives - Minister of Tourism, Dr. Abdullah Mausoom has told that ‘3-V’ tourism will be introduced in Maldives this year. Speaking at ITB Berlin, the world's largest tourism trade… Continued

Maldives Gas corruption: DMD was informed of refurbished cylinders

March 13, 2021, 14:11

Malé, Maldives – Former procurement manager of Maldives Gas, Ahmed Soodh Farooq has said that Deputy Managing Director (DMD) of Maldives Gas at the time, Ali Ikram was informed that the company… Continued

Over 220,000 tourist arrivals recorded till date in 2021

March 11, 2021, 20:08

Malé, Maldives – The Maldives, with in just three months, has welcomed more than 220,000 tourists to the country during the year 2021. According to the latest statistics released by the… Continued

Community initiatives carried out in over 100 islands by BML in 2020

March 11, 2021, 18:53

Malé, Maldives - Bank of Maldives (BML) has announced that the bank had carried out various community initiative projects in over 100 islands of the Maldives in 2020. BML had… Continued

New Happy Market outlet opens in Hithadhoo

March 11, 2021, 16:16

Addu City, Maldives - Nationwide import and distributor, Happy Market, has opened a new outlet close to Ramadan in Hithadhoo, Addu City. The Managing Director of Happy Market inaugurated the… Continued