Business

Biddings open for 3 Islands & a land for developing resorts

December 28, 2020, 10:00

Male’, Maldives – The Tourism Ministry of Maldives announces that they have opened bidding for three islands and a land that has been given for the purpose of leasing, developing, operating and… Continued

MIFCO to be converted to a public limited company

December 26, 2020, 16:55

Male', Maldives - Chief Executive Officer (CEO) of Maldives Industrial Fisheries Company (MIFCO) Ismail Fauzy has stated that the company will be converted to a private limited company and that… Continued

New CEO appointed to MPAO

December 24, 2020, 22:30

Male', Maldives - Maldives Pension Administration Office (MPAO) on Thursday, has appointed John Grindall as it's new Chief Executive Officer (CEO). Being the first foreign CEO of MPAO, Grindall has… Continued

ADK opens up new COVID-19 testing laboratory at VIA

December 24, 2020, 10:10

Male', Maldives - A new COVID-19 testing laboratory at has been opened at Velana International Airport (VIA) today, by ADK Hospital in association with Lux Resort and Trans Maldivian Airways… Continued

Authorized undeclared cash amount decreased to USD 10,000

December 23, 2020, 18:00

Male’, Maldives – Undeclared cash that can be transported in and out of Maldives has been decreased to USD 10,000. Under the law to stop money laundering and financing terrorism,… Continued

Will make Huvadhoo a business hub: Amru

December 23, 2020, 17:09

GDh.Thinadhoo, Maldives - Managing Director of State Trading Organisation (STO) Hussain Amru Mohamed Rashaad has said that their aim is to make Huvadhoo atoll a business hub. Speaking at a… Continued

iPORTAL.Live : Global platform for Islamic Economy launched

December 23, 2020, 15:00

Kuala Lumpur, Malaysia - The Malaysia Digital Economy Corporation (MDEC) and iPORTAL Live Sdn Bhd have have launched a new Islamic Economy Knowledge Portal that aims to increase accessibility to… Continued

BCC announces rebid for Addu garment factory consultancy

December 19, 2020, 14:07

Addu City, Maldives – Business Center Corporation (BCC) has announced that they are looking seeking a qualified party to develop a Feasibility and Technical Study for a Garment Factory in Addu City.… Continued

BML Community Fund assists 10 more projects

December 15, 2020, 10:40

Male’, Maldives – Bank of Maldives has announced the selected 10 best proposals for the last phase of the year to be financed under their “Aharenge Bank” Community Fund initiative.… Continued

Domestic debt increased by 20% till June

December 14, 2020, 18:30

Male’, Maldives – The Finance Ministry of Maldives reveals that this year's domestic debt had increased by 20% till June. The statistics of June revealed by the Finance Ministry showed that… Continued