According to their 2018 annual report, STO has made a profit of MVR 30 million last year; an increase of 17% compared to 2017, after...
Category: Business
Maldives – First South Asian Destination to be Regularly Served by the New Emirates B777
Velana International Airport (VIA), Maldives is set to be the first destination in South Asia to be served by the Dubai airline Emirates Boeing 777-300ER...
President Creates Company to Increase Investment Opportunities
To increase foreign and local investments in the Maldives, President Ibrahim Solih has established a new company this Wednesday by presidential decree.The President’s Office states...
BML Starts Accepting Proposals for Community Fund
BML has started accepting proposals for the second quarter of the year for “Aharenge Bank” Community Fund.The nationwide campaign was introduced as an incentive for...
Cheval Blanc Randheli with the highest service charge last year.
Randheli resort, run by Cheval Blanc company of France has given the most high service charges last year.As shown on“Maldives service charge”website, the staffs of...
Newport to open a new restaurant
Specialised in sea food, Newport view to be opened for every class.Speaking to the media followed by the soft opening held last night, Newport’s managing...
Gili Lankanfushi, Maldives comes to a close after fire
Due to the fire that damaged Gili Lankanfushi last Wednesday, the luxury resort has completely ceased from operating.Followed by the fire spread to a restaurant...
MIFCO must become profitable to operate on its own: Amru
Newly appointed managing director of the State Trading Organisation (STO) Hussain Amru, on Sunday, declared that the Maldives Industrial Fisheries Company (MIFCO) could only be...
Travel Expo in Maldives
The biggest travel and vacation expo conducted by the Highrise Maldives commenced with 24 exhibitors.Twenty-four exhibitors haveparticipated atthe expo, including Thailand Tourism, Malaysia Tourism, Singapore...
Increased Flights Between Maldives and China
According to the Maldivian Minister of Tourism, Moosa Zameer, the Government has decided to increase air travel between the Maldives and China.In an interview to...
AngelHack, world’s largest hackathon, launched in the Maldives
AngelHack, the world’s largest hackathon with over 150,000 developers across more than 150 cities was launched in the Maldives.Founded in 2011 in San Francisco, USA;...