A digest of news and opinion from the Maldives.
State Bank of India (SBI) opens up a branch in Hulhumale’. During a special ceremony held on 26 November, the new branch was officially unveiled by Governor of MMA Mr Ahmed Naseer. Ambassador of India to Maldives Mr Akhilesh Mishra also participated in the event. SBI branch of Hulhumale’ is located in the 3rd unit […]
In October 2017, the inflation rate in Maldives went down by 0.27%. According to the National Bureau of Statistics, the price of fish products went down by 5.24% and Vegetables by 2.97%. Price of entertainment services decreased by 2.16% and price of clothing items also decreased by 0.63%. Prices that have gone up in October […]
Mr Ahmed Shareef is the Chairman of Cyryx Group Private Limited. He started off his career in the living room of his sister’s apartment in 1993. Cyryx is now a full-fledged college that caters to over 3000 students and employs over 60 academic and support staff members. The facilities have grown to include two campuses in […]
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:
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 […]
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 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 […]
With over 100 properties, 420 nominations and over 100,000 votes, the Maldives Association of Travel Agents and Tour Operators held the Annual Gala of the Maldives Travel Awards on Thursday, 23 November 2017 at Adaaran Select Hudhuranfushi. The year marked a landmark milestone for the sixth year of the annual awards, as the Maldives Travel […]