Business
STO posts MVR 4.9 bln revenue in second quarter
July 23, 2024
STO posts MVR 4.9 bln revenue in second quarter
State Trading Organization (STO) posted a total revenue of MVR 4.9 billion in the second quarter of this year. This…
MTCC posts MVR 66 mln profit in second quarter
July 23, 2024
MTCC posts MVR 66 mln profit in second quarter
Maldives Transport and Contracting Company (MTCC) made a net profit of MVR 66 million in the second quarter of the…
President attends the India-Maldives Business Forum in Mumbai
July 23, 2024
President attends the India-Maldives Business Forum in Mumbai
President Ibrahim Mohamed Solih, on Wednesday evening, attended the India-Maldives Business Forum held in Mumbai. The India-Maldives Business Forum hosted…
First Lady inaugurates the Maldives’ branch of ABWCI
July 23, 2024
First Lady inaugurates the Maldives’ branch of ABWCI
The Association of Business Women in Commerce and Industry (ABWCI) has officially inaugurated its Maldives branch. ABWCI is an integrated…
Inflation rises by 0.15 percent
July 23, 2024
Inflation rises by 0.15 percent
Inflation rose by 0.15 percent in July, statistics have shown. According to inflation figures released by the National Bureau of…
Maldives sets target for 2 mln tourists
July 23, 2024
Maldives sets target for 2 mln tourists
The government has set a target of attracting two million tourists to the Maldives next year, Tourism Minister Dr. Abdulla…
Action to be taken against City Council for operating unregistered business
July 23, 2024
Action to be taken against City Council for operating unregistered business
The Economic Ministry has said action will be taken against Male’ City Council for operating an unregistered business. The City…
Inflation drops by 0.07 percent
July 23, 2024
Inflation drops by 0.07 percent
Prices in the Maldives fell 0.07 percent in October compared to September this year. The Consumer Price Index (CPI) for…
Westin Maldives Miriandhoo welcomes Vijay Kumar as new GM
July 23, 2024
Westin Maldives Miriandhoo welcomes Vijay Kumar as new GM
The Westin Maldives Miriandhoo Resort has announced the appointment of Vijay Kumar, who joins the wellness-focused resort as General Manager.…
MATI’s board given an additional term
July 23, 2024
MATI’s board given an additional term
The current board of the Maldives Association of Tourism Industry (MATI) has been given an additional term on the association’s…