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Paradise Found: Unveiling the Economic Charms of the Maldives

Nestled across 185 pristine islands, the Maldives beckons with its charm, offering a haven for around 550,000 inhabitants. As an upper-middle-income country, its vibrant economy thrives on the allure of tourism, paving the way for robust growth and poverty reduction. Let’s delve into the scenic wonders and economic dynamics that define this tropical paradise. Tourism: […]

Shifting Sands: Guesthouses Rise in Maldives’ Tourism Tide

The Maldivian tourism industry is experiencing a fascinating transformation, with guesthouses gaining favor over traditional resorts. This trend, driven by evolving traveler preferences, is prompting a reevaluation of future productivity forecasts. Budgetary Bliss: Guesthouses Reshape Forecasts The World Bank, in its recent report, has slightly revised its Maldivian productivity growth projection downward. This adjustment reflects […]

Discover the Enchantment: Maldives Beckons with Record Tourism Surge

The Maldives, an archipelago of over 1,000 picturesque coral islands, is basking in a tourism renaissance, with Russia leading the charge. Renowned as one of the world’s most breathtaking destinations, the allure of this Indian Ocean paradise continues to captivate travelers, evidenced by a record-breaking influx of visitors last year. Boasting a diverse array of […]

Sun Siyam Vilu Reef Celebrates International Yoga Day with Exclusive Sessions by Renowned Instructor Tommy

Maldives, March 2024 —Sun Siyam Vilu Reef, the charming boutique hideaway in the Maldives, is delighted to announce a special celebration for International Yoga Day with exclusive sessions led by renowned Ashtanga yoga instructor, Tommy Meneses. During his visit to Sun Siyam Vilu Reef from June 21st to June 23rd, Tommy will lead a series […]

SUN SIYAM IRU VELI INVITES GUESTS TO CELEBRATE INTERNATIONAL YOGA DAY WITH RENOWNED YOGI, YUJIN, FROM

Male, Maldives, February 2024: Sun Siyam Iru Veli, the ultimate tropical retreat offering laidback luxury at its best, is thrilled to announce a special celebration for International Yoga Day featuring the esteemed yogi, Yujin, from Korea. Yujin will be offering exclusive yoga classes at Sun Siyam Iru Veli from June 21st to June 23rd, coinciding […]

BML Enables Transactions on Currency Exchange Platforms & E-Wallets

Bank of Maldives has announced the facilitation of transactions on previously restricted foreign merchant platforms, including selected currency exchange platforms and electronic wallets. This update allows customers to utilize Bank of Maldives’ Visa USD Credit Card or Mastercard Prepaid USD Travel Card to effortlessly transfer funds to and from these platforms. Customers can utilize BML-issued […]

Cocoon Maldives to Close for Renovation

Cocoon Maldives has revealed its ambitious plans for an extensive makeover, aiming to elevate its services and facilities to unprecedented levels and ensure an unforgettable experience for its guests. The resort will temporarily close its doors for renovations from August 15 to September 30, 2024. Expressing their enthusiasm for the upcoming transformation, Cocoon Maldives emphasizes […]

Maldivian Introduces Direct Flights to Colombo

Maldivian is expanding its flight network by launching direct flights to Colombo, Sri Lanka, starting April 25th, 2024. This new route offers travelers a convenient way to explore the cultural richness and historical heritage of Sri Lanka beyond the pristine beaches of the Maldives. Operating twice a week on Thursdays and Saturdays, Maldivian’s flights to […]

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