Champa Brothers

Sun, sand and politics: How tourism tycoons influence elections in the Maldives

Maldives tourism is politicised partly because of how it emerged.

Champa Brothers issued banking license

The Champa Brothers, pioneers in Maldives tourism, are teaming up with Sri Lanka’s Commercial Bank of Ceylon to open a bank in the Maldives.

Soldiers raid a Maldives resort under development

Dozens of soldiers raided an island in central Lhaviyani Atoll that is being developed as a resort today. A spokesman said the raid was “routine, and not related to the ongoing inquiry” into an explosion on President Abdulla Yameen’s speedboat.

STO sells BML shares worth MVR33 million to Champa Brothers