SriLankan and Mihin Airlines to be merged
Sri Lanka’s Finance Minister Ravi Karunanayake announced the new government’s decision to merge the national carrier..
Outrigger Konotta Maldives appoints Director of Sales and Marketing
Outrigger Resorts has announced the appointment of Apple Woo as director Apple-Wooof sales and marketing at the Outrigger Konotta
MTDC earns profit of US$438,522 in fourth quarter
The Maldives Tourism Development Corporation (MTDC) earned a profit of US$438,522 in the fourth quarter
Dhiraagu net profit grows to MVR184.5 million in fourth quarter
Local telecommunications provider Dhiraagu earned a net profit of MVR184.5 million
Bank of Maldives posts fourth quarter operating profit of MVR434 Million
The Bank of Maldives Plc Ltd (BML) recorded an operating profit of MVR434 million (US$28 million) for the fourth quarter of 2014.
Mega Maldives to offer in-flight duty-free souvenirs
Mega Maldives Airlines signed a Memorandum of Understanding (MOU) with the Ministry of Economic Development on January 29 to promote..
Cornell report underscores importance of Management Integrity
Acting on stated priorities and not stating priorities that cannot be backed up with action are key to effective management, concludes a report by Cornell..
Tour Operator ‘blue o two’ acquires Maldives Scuba Tours
UK-based dive tour operator ‘blue o two’ has acquired Scuba Tours Worldwide/Maldives Scuba Tours, reports Divernet.
Tourist Arrivals Reach 1.2 Million in 2014
The number of tourist arrivals reached 1,204,857 in 2014, marginally surpassing the tourism ministry’s target of 1.2 million visitors during the year.
Asia Pacific Hotel transaction volume to reach US$8.5 Billion in 2015
Hotel transactions in the Asia Pacific region is expected to increase 15% this year with a projected deal volume of US$8.5 billion.
Club Med showcases Finolhu Villas to international media
Club Med unveiled its flagship luxury resort to travel journalists from across the globe at a pre-opening event on January 23. More than 50 journalists from major publications attended the event on Friday. In his opening remarks, Club Med CEO and Chairman Henri Giscard d’Estaing said he was “extremely happy” to welcome the international journalists to “celebrate the birth” of the new high-end resort. Giscard d’Estaing sketched a brief history of the French corporation from its origins 65 years ago.
Tourism Ministry conducts training for Tourism Adaptation Project, Mangroves for the Future programme
The Ministry of Tourism in collaboration with the UNDP conducted a project cycle management (PCM) training workshop this week for grantees of the Tourism Adaptation Project (TAP) and potential grantees of the Mangroves for the Future (MFF). According to the ministry, the workshop took place from January 25 to 26 with 15 participants.Experts from the MFF regional office conducted the technical sessions. “The PCM included sessions on project document development, compilation of logical..
