Business
Gan Island: a different side to the Maldives
One of the potential frustrations of visiting the Maldives is the necessity of choosing between staying in a luxurious resort or getting off the beaten track and seeing something of the local culture. Resorts tend either to be located on private islands or on parts of islands that have been entirely cut off from areas […]
European tourists boost August arrivals for Maldives
The Maldives attracted 121,310 tourists this August, up 8 percent compared to the same month last year, with the demand being driven mainly by European travellers, according to the Maldives Ministry of Tourism. The largest regional market was the Asia and the Pacific, which grew 3.9 percent year-on-year (YoY) with 59,900 tourists visiting the Maldives. […]
Three New AccorHotels in the Maldives
AccorHotels is opening three new properties in the atolls of the Maldives. The new hotels are the Mercure Maldives Kooddoo, the Pullman Maamutta Maldives and the Dhevanafushi Maldives Luxury Resort. Not far from Kooddoo airport, the Mercure Maldives Kooddoo is directly accessible via a 55-minute flight from Male. No longer any need to go by […]
Speedboat firm withdraws lawsuit against Mauritius Commercial Bank
The Mauritius Commercial Bank (MCB) branch in the capital Male. MIHAARU FILE PHOTO/NISHAN ALI Local firm Sharu Launch Services Pvt Ltd has withdrawn its lawsuit against Mauritius Commercial Bank (MCB), seeking MVR 150 million as compensation for damages caused by the bank allegedly refusing to sell US Dollars to the company. Sharu Launch claimed that […]
Ooredoo Maldives shares distributes at MVR 40/-
Ooredoo Maldives’ shares opened for sale in Maldives Stock Market sells at a price of MVR 40 per share. The company’s Head of Investor Relations Arushee Mohamed noted the bull power of shares at the rate of MVR 40 is evident on the demand and satisfactory rate of customers. “We sold shares at a value […]
Maldives banking on tide of Thai investment
Tourists enjoy Dusit Thani Maldives, one among several Thai hotels on the island country. PICHAYA SVASTI Maldivian officials are calling for Thai investors, especially in hospitality and infrastructure, to strengthen its long-term economic growth. Tourism and Sports Minister Kobkarn Wattanavrangkul said the Maldives government has invited foreign investors to build hotel and resort destinations, entertainment […]
Dhiraagu Celebrates 29 Years of Service
Leading telecommunications service provider in Maldives, Dhiraagu celebrated 29th anniversary on 1st October 2017. To commemorate this day, a special event for the staff was held at Dhiraagu head office. On this occasion, the first ever Augmented Reality (AR) campaign in Maldives, “Unveil the Magic” was launched for customers. In this campaign, customers stand a chance […]
STELCO decides against fuel surcharge despite hike in fuel rates
STELCO building in the capital Male. MIHAARU PHOTO State Electric Company (STELCO) on Monday announced that it will not resume taking fuel surcharge fees from electricity despite State Trading Organisation (STO) hiking fuel prices. STO on Monday raised the rates of petrol and diesel by 57 laari (MVR 0.57) per litre and 53 laari (MVR […]