The International Finance Corporation (IFC) is investing up to $50 million in Bank of Maldives (BML) to provide financing for companies and small and medium sized...
Hotels and guesthouses in the Maldives capital region can apply for permits to host foreign transit passengers, the island nation’s tourism ministry announced Wednesday. With the...
Domestic air travel in Maldives resumed Wednesday, as the island nation reopens its economy, which had been hit hard by the coronavirus pandemic. Flag carrier Maldivian...
Offices, restaurants and cafes in Maldives will reopen on Wednesday, as the island nation enters the third phase of reopening its economy, which had been hit...
Aitken Spence Hotels Maldives has donated protective equipment to help the Maldives contain the novel coronavirus outbreak. Officials from the company delivered 12,000 surgical masks to...
Lease rent payable by resorts in Maldives for the rest of the year will be deferred for a year, the island nation’s finance ministry announced Sunday....
Maldives Airports Company Limited (MACL) has appointed a Brit as its chief executive. Gordan Andrew Stewart has over 30 years of experience in the global aviation...
Maldives will allocate more uninhabited islands for resort development and open bids at the end of the year and early next year, the island nation’s tourism...
The Asian Development Bank (ADB) has approved a $25 million concessional loan and a $25 million grant to help the Maldives fund its response to the...
John Keells Holding (JKH) has secured a $175 million investment from the International Finance Corporation (IFC) to fund planned expansion and refurbishment of the group’s hotels...