Business & Tourism


Maldives sets new free diving record
The event was part of weeklong activities to mark Tourism Day.
02 Oct 2019, 9:00 AM


Tourist arrivals up 12 percent in August
Arrivals reached 1.1 million by the end of August.
30 Sep 2019, 9:00 AM


‘Political trust’ restored between China and Maldives
The Chinese ambassador hailed Foreign Minister Shahid’s recent visit to Beijing.
29 Sep 2019, 9:00 AM


Newport ordered to vacate Malé waterfront property
Strada was ordered to pay MVR1.1 million owed as rent and fines.
26 Sep 2019, 9:00 AM


Maldives tourism hit by Thomas Cook collapse
804 holidaymakers who booked with the travel giant were in the Maldives.
26 Sep 2019, 9:00 AM


First ‘integrated resort’ opens in Maldives
Nine islands were reclaimed from a lagoon near Malé.
24 Sep 2019, 9:00 AM


Maldives signs UN arbitration convention
Maldivian courts will be obliged to enforce arbitration awards.
18 Sep 2019, 9:00 AM


Maldives bans recruitment of Bangladeshi labourers for one year
A “regularisation programme” was launched for migrant workers.
18 Sep 2019, 9:00 AM


Revenue in August falls below forecast
The decrease was attributed to non-payment of BPT and GST.
11 Sep 2019, 9:00 AM


Parliament approves MVR1.7bn supplementary budget
Approval was sought to allocate grant aid and extra funds for signature initiatives.
27 Aug 2019, 9:00 AM


Tech fair kicks off on Ukulhas
It is the first event of the kind hosted in the Maldives.
26 Aug 2019, 9:00 AM


Maldives tourist arrivals reach one million
The millionth visitor of 2019 arrived on August 2.
21 Aug 2019, 9:00 AM


World Bank offers US$30m for risk financing
The instruments were described as “quick disbursing sources.”
21 Aug 2019, 9:00 AM


Parliament moves ahead with new fisheries law
Ruling party lawmakers called for significant changes at the committee stage.
21 Aug 2019, 9:00 AM


Lawmaker’s resort company blacklisted from recruiting Filipinos
MP Jabir’s Yacht Tours was blacklisted by the Philippines overseas employment regulator.
19 Aug 2019, 9:00 AM


Ex-lawmaker’s fuel supplier ordered to pay US$1.2m to state company
Meridiam owed STO for fuel released on credit in 2010.
01 Aug 2019, 9:00 AM


Policy solutions pledged through Maldives tourism masterplan
In a fiery speech, Speaker Nasheed underscored the plight of resort workers.
30 Jul 2019, 9:00 AM


Maldives Islamic Bank launches IPO
The country’s first Sharia-compliant bank offered nearly seven million shares.
28 Jul 2019, 9:00 AM


Maldives and India sign US$400m currency swap deal
The swap facility is part of a US$1.4 billion assistance package.
23 Jul 2019, 9:00 AM


India becomes second largest market for Maldives tourism
Indian tourists now account for the second highest market share.
22 Jul 2019, 9:00 AM