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Applications open for Maldives Tourism Awards 2023

Application deadline is 1pm on July 16.

Urbanco to give 2 plots as compensation for stalled STO hotel

The hotel, which was started by STO in 2011, is yet to be completed and STO’s attempts to sell it have not been successful.

BML to power all ATMs with solar

Karl spoke on the importance of a committed and engaged ESG journey as part of the Bank’s strategy on Sustainability.

BML to pay MVR 40 per share as dividend

BML shareholders on Monday approved a total dividend payout of MVR 215 million.

MMA says efforts on to launch digital Rufiyaa

Imad said 94% of the money used in the country is digitally used.

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Malaysia's Batik Air launches flights to Maldives

Batik Air offers daily flights between Kuala Lumpur and Male via Colombo, with direct flights connecting the two capitals expected to commence in June.

Maldives tourism braces for worst off-season in years

According to some traders, with the off-season, the blackmarket rate of USD will likely reach MVR 18.

Maldives hikes economic growth, tourist arrivals forecast

Ameer said the country's nominal GDP this year will cross MVR 100 billion for the first time in history.

World Bank approves $15m to reform SOEs, boost private sector

The project will also make Maldives' private SMEs more competitive.

Maldives' tourist arrivals cross 700,000 in 2023

This is an increase of 17.5% over the 604,730 tourists who visited the country in the same period last year.

Maldivian to resume flights to Dharavandhoo

In a statement, Island Aviation, which operates Maldivian, said on Sunday that flights to Dharavandhoo airport will resume on June 15 with a daily service.

Urbanco loses MVR 705m from Villa's Thilafushi land deal

While a land transfer deal was carried out in Hulhumale, the tenure of the two lands in Thilafushi was only a few days away from expiration.

BEOND apologises for chief's 'inaccurate' national carrier remark

BEOND CEO Tero Taskila said that the airline has been given the national carrier status by the Maldivian government.

Tourist arrivals dip in May as off-season settles in

94,604 tourists have arrived in the Maldives so far this month which is 6,626 tourists less than the 100,230 that visited the Maldives in May 2022.