A digest of news and opinion from the Maldives.
HSBC Maldives Branch has announced that they will be terminating all accounts that have been inactive for a long period of time. The bank had announced the termination of accounts that have been dormant for 5 years. Such 154 accounts were revealed by HSBC. Full details are available at the link below:
The state-owned Housing Development Corporation has announced the sale of more than 100 flats awarded under a previous government’s social housing programme. Built by a subsidiary of India’s Tata Group in the capital, the flats were put up for sale after its original recipients under the Veshi Fahi Malé programme were unable to secure loans before a […]
Adaaran Resorts has signed a Premium Exhibitor for the 2nd edition of International Travel Trade Show of Maldives (TTM). Adaaran Maldives Island resorts offer unparalleled hospitality with a touch of tradition and a comfortable atmosphere lavishly designed and built to suit the needs of our guests. With a strength of 617 rooms, the six Adaaran […]
Digital money transfer service now offers cash pickup at 21 locations across the Maldives Leading digital money transfer service WorldRemit has expanded its remittance services to the Maldives with the launch of new cash pickup locations across Male and other islands. The Maldivian diaspora in over 50 countries will now be able to send remittances […]
According to the organizers of the first-ever, Customer Experience (CX) Conference to be held in Maldives, an expert from Barclays will be providing information to attendees during the conference. Customer Experience Foundation Maldives, the organizers of the event stated that several expert professionals will be providing information at the event. Among them is Barclays Digital […]
The original Dhivehi article was published on Avas.mv website on 22nd November 2017. The following is a loose translation: A big tourism boom Chinese market still low A notable rise in the European market After experiencing a low tourist arrival for years, this year it has started to rise. According to the tourism ministry’s statistics, […]
A customer pictured at an FSM fuel shed in Male. PHOTO/MIHAARU State Trading Organisation (STO) on Sunday raised the prices of petrol and diesel by 35 laari (MVR 0.35) per litre and 44 laari (MVR 0.44) per litre respectively. The company stated the price hike is in accordance with the changes in fuel rates in […]
The number of beds used for tourist accommodation in Maldives has reached over 40000 according to the statistics of Tourism Ministry Maldives. As per the latest statistics from the ministry at the end of October, the number of beds reached 40,169. This is a new record for the tourist bed capacity in Maldives. Last year, […]
Ms Aminath Shaayan Shahid, Deputy Managing Director of PSM Media of the Maldives has been confirmed as an eminent speaker at the Economic Times Asian Business Leaders Conclave (ABLC). ABLC 2017 is expected to uncap opportunities to boost trade and cultural exchanges across Asia, ASEAN and the Middle East. Asia’s most influential and promising business leaders […]