Maldives expands tourism to luxury real estate

1 December 2024

Maldives inflation spikes again; food prices hike

Traders believe that the main reason for the rise in prices is the difficulty in obtaining dollars and the appreciation of the dollar.

1 August 2024

$50m Hulhumale business hubs project awarded to Chinese

The services required for the hotel projects in Urban Isle will be developed with the project.

9 January 2024

Siyam slams Maldives' tax hikes; calls forex rule 'robbery'

Siyam urged the government to engage in dialogue with industry stakeholders to find workable solutions rather than enforcing unsustainable policies.

2 December 2024

Swiggy IPO serves next dish in Indian food wars

In-between Zomato and Swiggy, Zomato is financially stronger.

10 May 2024

Maldives launches intl maritime services gate in north

The bunkering service is provided by the state-owned STO in partnership with Vitol, the world's largest private energy company.

19 September 2024

Tuna price unchanged over low market price, MIFCO says

MIFCO said they are working to keep the price of tuna at MVR 16 until the price improves in the market.

2 September 2024

HDC to redevelop stalled water park in Hulhumale

Fazul revealed that the company owes HDC MVR 10 million in unpaid rent and is also seeking financial compensation.

5 December 2024