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A digest of news and opinion from the Maldives.

Corporate Maldives

ILAA Maldives Marks 25th Anniversary with a Special Outlook

ILAA Maldives Marks 25th Anniversary with a Special Outlook

3 min read

On 26th October ILAA Maldives marked the 25th anniversary along with the rebranding logo of the company. The event was held at Hotel Jen, Male’, An approximate of 100 invitees took part in this event, with government institutions, customers as well as suppliers. The new logo was revealed by the chief guest of the event, […]

Carpe Diem Maldives to expand business with resort opening in June 2018

Carpe Diem Maldives to expand business with resort opening in June 2018

3 min read

Ever since the inception of Carpe Diem Maldives Pvt. Ltd. in 2008, the company has been cruising keen travellers around the picturesque Maldivian waters, providing them with the exquisite experiences the country has to offer. After ruling the Maldivian seas for 9 years, Carpe Diem Maldives is set to expand its fleet of 3 luxury […]

Usable reserve of Maldives decreases by 8 percent

Usable reserve of Maldives decreases by 8 percent

1 min read

 The central bank of the Maldives and the main regulator of the financial sector in the country, Maldives Monetary Authority (MMA) has stated that the country’s usable financial reserve has decreased by 8 percent due to the increase in the amount of USD sold by the institution. According to the Monthly Statistics published by MMA, […]

Corporate Maldives and CTL Strategies officially Launches Gold 100

Corporate Maldives and CTL Strategies officially Launches Gold 100

3 min read

Corporate Maldives along with their advisory partner CTL Strategies have officially launched Corporate Maldives GOLD 100 Gala nominations as well as the selection criteria for 2018 which will be a list of leading 100 companies of the Maldives in 2017 at an event held at the office of CTL Strategies on the 2nd of November 2017. […]

Air France begins direct flights to the Maldives

Air France begins direct flights to the Maldives

1 min read

Air France has begun its direct flights to the Maldives on Thursday- 2nd of November 2017. The maiden Air France flight AF 222 departed Paris Charles de Gaulle Airport on Wednesday, November 1st, 2017 at 8:52 PM and arrived at Male’- Velana International Airport at 10:48 am on the 2nd of November 2017 with a […]

MIFCO celebrates 24 years of service

MIFCO celebrates 24 years of service

2 min read

Maldives Industrial Fisheries Company (MIFCO) celebrates 24 years of service in production, processing and marketing of fish and fish products. Established in 1993, the company was relocated as a subsidiary of State Trading Organization (STO) in September 2016 by the Maldives Cabinet. One of the key manufacturers and exporters of frozen fish and fish products […]

Alitalia commences operations to Maldives

Alitalia commences operations to Maldives

1 min read

Alitalia, the flag carrier of Italy commenced scheduled operations to Maldives, with the first flight Alitalia AZ 776 landing in Velana International Airport at around 11.25am (GMT +5) on November 1. The Airbus 330 flight which departed from Rome Fiumicino at 10:10 pm (GMT +1) on 31st October was given a water salute when it arrived […]

Bank of Maldives to go paperless for ATM withdrawals

Bank of Maldives to go paperless for ATM withdrawals

2 min read

Bank of Maldives (BML), the leading financial institution in Maldives announced that starting from November 8 customers will be receiving only digital receipts for ATM withdrawals. Although customers will not receive a paper receipt for withdrawals, for other services such as deposits, transfers and payments made through ATM, a paper receipt will be received. Using […]