Hoadedhdhoo Council Announces Resort Development Opportunity on Kandevarehaa Island
The GDh. Hoadedhdhoo council has announced plans to develop an integrated tourist resort on the island of Kandevarehaa. The council has opened...
Villa College, Maafushi Island Council Signs MoU to Offer Scholarships
Villa College and the Maafushi Island Council have inked a Memorandum of Understanding (MoU) aimed at advancing higher education and training on...
Gov’t Prioritizes Budgeted Projects Amid Allegations of Stalled Development
Finance Minister Dr. Mohamed Shafeeq has clarified the government’s stance on infrastructure development projects, addressing concerns raised by the opposition and official...
Maldives-India Meeting Advances Economic Development and Cooperation
The third meeting of the High-Level Core Group between the Maldives and India took place yesterday, March 17th, 2024, in Malé, Maldives....
STO Announces Opening for Board Directorship
The State Trading Organization (STO) announced on Sunday that applications are now open for a position on the corporation's Board of Directors....
BCC Announces Webinar on Business Structures
The Business Center Corporation (BCC) has unveiled a new webinar designed to guide entrepreneurs through the various types of business structures available...
President Muizzu Addresses Pension Reform During Public Forum
President Dr Mohamed Muizzu has reaffirmed his commitment to improving the pension scheme in the Maldives. The President's statement came during the...
“Favara” Instant Payment System Transfer Limit Increased
The Maldives Monetary Authority (MMA) has announced a significant increase in the transfer limit for the "Favara" instant payment system, a component...
Insurance Sector Disburses MVR 615.7 Million in Claims During 2023
The release of new data by the Maldives Monetary Authority (MMA) indicates that insurance companies disbursed MVR 615.7 million in claims throughout...
“Ras’Ain” App Launched to Support Fishermen and Maritime Safety
A new mobile application called "Ras'Ain" has been launched in the Maldives, providing essential tools and information for fishermen and vessels operating...
MCC Fines Market Stall Owners for Employing Foreigners Without Permits
The Male' City Council has imposed fines on nine stall owners operating in the Travelers Market for employing foreigners without the necessary...
Immigration Deports Foreign Nationals Exploiting Dollar Shortage
Maldives Immigration has taken decisive action against foreign nationals implicated in the country's persistent dollar black market. Controller of Immigration Mohamed Shamaan...
IASL Launches Seaplane Air Ambulance
Island Aviation Services Limited (IASL) has launched a new air ambulance service utilising seaplanes to enhance access to urgent medical care, especially...
Surveillance in the Maldivian Economic Zone: A Balancing Act Between Security and Prosperity
The Maldives' Exclusive Economic Zone (EEZ), a vast swath of the Indian Ocean, is a region of both economic potential and security...
Maldivian Launches Promotional Fares Across Domestic Routes
Maldivian, has unveiled promotional fares across all domestic routes, effective from March 17, 2024. These discounted fares aim to provide passengers with...
Parliament Targets Real Estate Sector Reform with New Legislation
The parliament convened on Wednesday to discuss longstanding issues within the country's real estate sector. Introduced by Thoddoo MP Hassan Shiyan, the...
MPL Launches Sea-to-Air Transshipment
Maldives Port Limited (MPL) has unveiled a new sea-to-air cargo transshipment service, transforming regional freight logistics. The initiative promises streamlined, sustainable processes...
Report: MTCC Expansion, a Double-Edged Sword for the Maldives’ Economy
The proposed expansion of the Maldives Transport and Contracting Company (MTCC) reveals a complex tension within the nation's economy. The state-owned enterprise,...
MIRA Sees Increase in Zakat al-Mal Collections
Zakat al-mal collections in the Maldives rose by 16.7% in February compared to the same period last year, according to figures released...
BCC Joins oneGov Platform, Paving the Way for Enhanced Services
The Business Center Corporation (BCC) has become the first Maldivian corporation to integrate its services into the oneGov cross-agency platform alongside government...
SBI Issues Notice Regarding Dormant Accounts
The State Bank of India (SBI) has issued a public notice in the Gazette addressing the status of dormant accounts, as mandated...
President Muizzu Vows to Address Health Insurance Challenges
In a recent public engagement series titled “Raees ge Javaab,” President Dr Mohamed Muizzu made a resolute commitment to tackle the obstacles...
Gov’t Streamlines Land-Use Plan Approvals, Boosting Business Opportunities in the Maldives
The Ministry of Cities, Local Government, and Public Works has announced a significant streamlining of the land-use plan approval process, paving the...
Maldives Bets on Bunkering to Fuel Economic Transformation
Leveraging its prime position amidst bustling Indian Ocean shipping lanes, the Maldives is poised to become a vital refuelling point for international...