Jet Fuel Sales Surge in Third Quarter: MMA Report
Jet fuel sales in the Maldives experienced a significant boost in the third quarter of this year, according to the latest Quarterly Economic Bulletin published by the Monetary Authority of Maldives (MMA). The Maldives Airports Company Limited (MACL), responsible for jet fuel sales to airlines and ships, recorded a 14% increase in revenue compared to […]
China-Maldives Free Trade Agreement to Boost Business Opportunities and Lower Consumer Costs
The China-Maldives Free Trade Agreement (FTA), set to come into effect on January 1, promises to bring significant economic benefits, including reduced prices for Chinese imports and enhanced opportunities for Maldivian businesses to access the Chinese market. Signed in 2017 and approved by the Maldivian parliament, the FTA had faced delays due to changes in […]
Psychiatry and Speech Therapy Services to Be Available in All Provincial Hospitals
Psychiatry and speech therapy services will soon be accessible at all provincial hospitals in the Maldives, according to Health Minister Abdullah Nazim Ibrahim. This development is part of the government’s efforts to improve mental health care across the country. Speaking to PSM News, Minister Nazim noted that many people in the Maldives face mental health […]
Huravalhi island resort: Is it worth the money?
Situated upon one of the Maldives’ most popular and diverse diving destinations. Which is in Lhaviyani atoll also considered as one of the world’s most picturesque seaplane journeys, I am unquestionably talking about the resort which is rated five stars by the Forbes travel guide in 2024 the Huravalhi island resort. To get to this […]
Maldives Set to Welcome 2 million Tourists
This Thursday, December 26th, the Maldives is set to achieve a historic milestone by welcoming its 2 millionth tourist of the year. This extraordinary achievement represents more than just numbers; it is a testament to the hard work, resilience, and collective efforts of the Maldivian people and the leadership that has guided the tourism sector […]
Dhiraagu partners with Villa College’s ‘VIgnite’ – Maldives’ First Business Incubator Programme for Students
Dhiraagu has signed a partnership agreement with Villa College for ‘VIgnite’ – the first of its kind business incubator programme for students in the Maldives. Launched under Villa College’s Centre for Innovation and Entrepreneurship Development (CIED), the business incubator programme is an initiative which aims to support early-stage startups and entrepreneurs. The programme will provide […]
Dhiraagu holds Extraordinary General Meeting (EGM) to pass special resolutions
Dhiraagu successfully concluded its Extraordinary General Meeting (EGM) held online via the Fahivote platform (an online General Meetings Management System developed by Maldives Securities Depository Pvt Ltd). The EGM was chaired by Mr. Ahmed Abdulrahman, the Deputy Chairperson of Dhiraagu. A total of 19 shareholders (16 shareholders and 3 shareholders represented by proxy) registered to […]
Sun Siyam Olhuveli lights up the cosmos woth astrofest 2024 – 2025 Christmas tree lighting event.
Male, Maldives, December 23rd, 2024: Sun Siyam Olhuveli kicked off the much-anticipated AstroFest 2024-2025 with a dazzling Christmas Tree Lighting Ceremony on December 21, 2024. The event featured a unique, towering spiral-designed Christmas tree made from sustainable materials, symbolizing the solar system and highlighting the resort’s commitment to sustainability and creativity. The tree’s design, inspired […]