Moody’s Maintains Maldives’ Credit Rating at Caa2
Moody’s International Credit Rating Agency has maintained the Maldives’ credit rating at Caa2, reflecting both the nation’s recent financial achievements and ongoing challenges. In a statement released today, Moody’s highlighted the proactive measures taken by the Maldivian government to enhance its financial stability. These include the implementation of new foreign exchange regulations by the Maldives […]
Redefining Culinary Excellence: Russel Issac Joins Taj Exotica Maldives as Director of Food & Beverage
MALDIVES, 03 DECEMBER 2024 – Taj Exotica Resort & Spa, Maldives, is delighted to welcome Russel Issac as its new Director of Food & Beverage. With over 11 years of distinguished experience across leading hospitality brands like Lemon Tree Hotels, Oberoi Airport Services, and Marriott International, Russel brings a proven track record of elevating dining […]
Kurumba Maldives and Marvin Humes Ring in 2025 with an Exclusive Beachfront DJ Set
This New Year’s Eve, Kurumba Maldives is excited to welcome DJ, producer, and broadcaster, Marvin Humes for an unforgettable party and DJ set at the five-star resort’s iconic Kandu Bar. Marvin will lead guests into 2025 with a curated set to ring in the New Year, as Kandu Bar transforms into the ultimate NYE party […]
President Muizzu Pledges Zero Tolerance for Corruption in Fuel Supply Maldives Case
Male’, Maldives – The Ministry of Homeland Security and Technology has launched a major investigation into allegations of oil theft and money laundering by employees of Fuel Supply Maldives (FSM). The police have conducted extensive searches as part of the inquiry, signaling the government’s commitment to tackling corruption. In a statement, authorities confirmed that special […]
Sun Diving website Launch event Marks 30 years of oceanic Excellence for Underwater Exploration with sun
Maldives, November 2024: Sun Siyam Resorts announces the successful launch of its new diving website, Sun Diving. The launch was celebrated with a two-day event at Sun Siyam Olhuveli on November 28th and 29th, 2024 which brought together an enthusiastic gathering of diving aficionados, marine conservation advocates, and industry professionals to celebrate the Maldives’ extraordinary […]
Dhiraagu Launches Unlimited Home Broadband Packages in Maldives
Malé, Maldives – Dhiraagu has introduced unlimited home broadband internet packages in the Maldives, marking a significant milestone in the country’s telecommunications sector. The announcement was made at a special ceremony held tonight at the Dhiraagu Head Office. Speaking at the event, Dhiraagu’s Chief Commercial Officer, Ali Riyaz, highlighted the company’s commitment to meeting customer […]
STELCO Launches “Clean Environment – My Responsibility” Initiative to Clean Distribution Boxes in Malé
Malé, Maldives – STELCO has officially commenced cleaning and maintaining its distribution boxes in various streets of Malé as part of its new initiative, “Clean Environment – My Responsibility.” The initiative was inaugurated yesterday in a ceremony attended by STELCO’s Managing Director Hussain Fahmy, Environment Minister Thoriq Ibrahim, and Malé City Mayor Adam Azim. As […]
President Muizzu Dismisses Fake News on Foreign Exchange Bill, Reaffirms Commitment to Economic Prosperity
Malé, Maldives — President Dr. Mohamed Muizzu has dismissed rumors suggesting changes to the recently proposed Foreign Exchange Bill, emphasizing that the government’s policy remains firm and aligned with strengthening the country’s economic resilience. Speaking in response to misinformation circulating online, President Muizzu reiterated that the Foreign Exchange Bill is a critical step towards enforcing […]