Close Menu
Maldives Business TimesMaldives Business Times
    What's Hot

    State Collects MVR 172.8M in Departure Tax in September

    October 26, 2026

    MIB to Hold EGM on November 10

    October 26, 2026

    Allied Insurance Picks Up Two IFFSA Awards in Colombo

    October 26, 2026
    Facebook X (Twitter) Instagram
    Monday, October 26
    Facebook X (Twitter) Instagram
    Maldives Business TimesMaldives Business Times
    • Home
    • Features

      State Collects MVR 172.8M in Departure Tax in September

      October 26, 2026

      MIB to Hold EGM on November 10

      October 26, 2026

      Allied Insurance Picks Up Two IFFSA Awards in Colombo

      October 26, 2026

      Government Unveils Tax-Free Zones and Wider Relief for Small Businesses

      October 25, 2026

      BML to Enable Dollar Payments Through Its Payment Gateway

      October 25, 2026
    • BUSINESS

      MIB to Hold EGM on November 10

      October 26, 2026

      Allied Insurance Picks Up Two IFFSA Awards in Colombo

      October 26, 2026

      Government Unveils Tax-Free Zones and Wider Relief for Small Businesses

      October 25, 2026

      BML to Enable Dollar Payments Through Its Payment Gateway

      October 25, 2026

      STO Leads Listed Companies in Corporate Governance Compliance: CMDA

      October 19, 2026
    • FINANCE
    • OPINION
    • TRAVEL & TOURISM
    • PUBLIC SECTOR
    • LIFE STYLE
    Maldives Business TimesMaldives Business Times
    Home ยป OCM-IAX: new submarine cable lands in Maldives

    OCM-IAX: new submarine cable lands in Maldives

    New submarine cable lands in the Maldives, internet access to improve significantly
    August 12, 20231 Min Read
    Share
    Facebook Twitter LinkedIn Pinterest Email

    On Friday, August 11, Maldives President Ibrahim Mohamed Solih officiated the ceremony held to land the new submarine cable, that will see the Maldives connecting to the international network grid.

    The Ocean Connect Maldives-India Asia Express (OCM-IAX) initiative involves connecting the Maldives to one of the largest submarine cable network grids in the world. The project is carried out by Indian billionaire Mukesh Ambani’s Reliance Jio.

    Under OCM-IAX initiative, the submarine cable landed in Hulhumale’ which will connect the entire internet grid of the Maldives to the global network. The project comes under the Ministry of Economic Development’s purview in its bid to facilitate affordable internet access, transform the Maldives into a key communication hub in the South Asia region, and open the country’s economy to both the west and the east.

    Related Posts

    BUSINESS

    MIB to Hold EGM on November 10

    October 26, 2026
    Awards

    Allied Insurance Picks Up Two IFFSA Awards in Colombo

    October 26, 2026
    BUSINESS

    Government Unveils Tax-Free Zones and Wider Relief for Small Businesses

    October 25, 2026
    Leave A Reply Cancel Reply

    Don't Miss
    BUSINESS

    MIB to Hold EGM on November 10

    October 26, 2026

    Maldives Islamic Bank (MIB) will hold its first extraordinary general meeting (EGM) of the year…

    Allied Insurance Picks Up Two IFFSA Awards in Colombo

    October 26, 2026

    Government Unveils Tax-Free Zones and Wider Relief for Small Businesses

    October 25, 2026
    Facebook X (Twitter) Instagram LinkedIn Telegram
    • Home
    • BUSINESS
    • PUBLIC SECTOR
    • TRAVEL & TOURISM
    © 2026 Maldives Business Times. by hyvemedia.

    Type above and press Enter to search. Press Esc to cancel.