MTDC - Latest Stories

  • No bids to operate Herethere Resort: MTDC

    No bids to operate Herethere Resort: MTDC

    Despite four extensions to the bidding period, there have been no bids to operate the Seenu Atoll Herethere Resort, Maldives Tourism Development Corporation (MTDC) said Tuesday.

    January 29, 2013 1 comment
  • MTDC to operate Club Faru Resort

    MTDC to operate Club Faru Resort

    Tourism Minister Ahmed Adeeb on Tuesday said Maldives Tourism Development Corporation (MTDC) will operate Club Faru Resort temporarily.

    January 08, 2013 2 comments
  • Yatch Tours to re-bid for Herethere resort

    Yatch Tours to re-bid for Herethere resort

    Yacht Tours has announced that the company would re-bid for Seenu Atoll Herethere resort currently operated by Maldives Tourism Development Corporation (MTDC).

    January 03, 2013
  • Shareholders concerned over MTDC losses

    Shareholders concerned over MTDC losses

    Shareholders of Maldives Tourism Development Corporation (MTDC) have expressed concern after it had failed to pay dividends for three consecutive years while also recording a net loss for the first time last year.

    November 07, 2012
  • BML Annual General Meeting set for November 8

    BML Annual General Meeting set for November 8

    The Bank of Maldives (BML) has revealed that it will hold it's Annual General Meeting on November 8 despite the Maldives Stock Exchange order to hold the meeting before October 25, 2012.

    September 29, 2012
  • MTDC appoints new Chairman

    MTDC appoints new Chairman

    The Board of Directors of the Maldives Tourism Development Corporation (MTDC), a public government shared venture, has appointed Faseeh Zahir as the new Chairperson of the corporation.

    August 21, 2012
  • 5 arrested in MTDC demonstrations in Uligan

    5 arrested in MTDC demonstrations in Uligan

    Five people have been arrested in the youth led demonstration at Haa Alifu Uligan. In a series of demonstrations led by the island youth, they demanded a reason why Maldives Tourism Development Corporation (MTDC) had stopped the development of the city hotel in the island which commenced in 2007.

    January 14, 2012
  • MTDC earns Rf75,038 as Q3 clear profit

    MTDC earns Rf75,038 as Q3 clear profit

    Maldives Tourism Development Corporation has revealed that the company only made Rf75,038 as clear profit during this year's third quarter.

    December 24, 2011
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