Maldives participates in virtual WTM London
London, UK - Visit Maldives is taking part in the first-ever virtual World Travel Market London fair to promote the Maldivian tourism industry. The fair that is usually held in… Continued
Business
BML to offer Covid Relief Financing for SME’s
Male', Maldives - Bank of Maldives (BML) has announced that they are offering additional COVID-relief support for Small to Medium Enterprises (SMEs) through funding from the European Investment Bank (EIB).… Continued
More lenient Resident Visa bill passed
Male', Maldives - Parliament of Maldives has passed the new Resident Visa bill with more lenient requirements and benefits for foreigners who invest more USD 250,000. The new amendment to… Continued
Bridge and port construction to start in mid-2021
Male', Maldives - Minister of Economic Development, Fayyaz Ismail has said that the physical works of the Male'-Thilafushi bridge and Gulhifalhu port would commence in mid-2021. The Male'-Thilafushi bridge which is… Continued
‘One Stop Shop’ for businesses to be developed
Male', Maldives - Economic Minister Fayyaz Ismail has said that the ministry is working to develop a 'one stop shop' where businesses can get all the services they require through… Continued
MP Nashiz appointed as Budget Committee chair
Male’, Maldives – Budget evaluation committee of the Parliament of Maldives has appointed Kinbidhoo constituency MP, Mohamed Nashiz as the chair of the 2021 budget committee. The committee had appointed Alifushi… Continued
Tourism Ministry suspends Kandima’s permit
Male', Maldives - The Ministry of Tourism of Maldives has temporarily suspended the permit of Kandima Maldives resort to operate a tourist facility during the tourism recovery period after the… Continued
New telecom company to receive licensing in 2021
Male', Maldives - The Finance Minister of Maldives Ibrahim Ameer has revealed that the government of Maldives has decided to issue licensing for a new telecommunication service provider in the… Continued
BML brings favorable changes to retailers loan
Male', Maldives - Acknowledging the difficulties faced by retailers, Bank of Maldives (BML) has brought significantly favorable changes to the retailers loan provided by the bank. The bank revealed that… Continued
Fish keeping – Into the aquarium hobby in Addu
While fish keeping is not a new hobby, many new aquarium businesses have been popping up in Addu lately, which is surprising since hobbies involving additional expenses might not have… Continued
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