Gov’t Streamlines Land Allocation for Economic Development
New land-use regulations have been published in the Gazette, establishing a clear framework for the allocation of plots for non-residential purposes. The...
Magoodhoo Residents Protest Halt of Airport Development Project
Protests erupted on the island of Magoodhoo on Sunday after residents accused the government of halting an airport development project originally launched...
Maintenance Work Begins on China-Maldives Friendship Bridge
The Second Harbor Engineering Company, a subsidiary of China Communications Construction Company (CCCC), has initiated maintenance work on the China-Maldives Friendship Bridge....
President Muizzu Outlines Ambitious Tourism Plan for Addu City
President Dr Mohamed Muizzu has revealed extensive plans to revitalise the tourism sector in Addu City with the introduction of 6,000 new...
Ooredoo Maldives Launches International Money Transfer Service with MoneyGram
Ooredoo Maldives has rolled out a new international money transfer service in collaboration with MoneyGram International, Inc. This partnership allows customers in...
MMA Reports Increase in Foreign Reserves for February
The Maldives Monetary Authority (MMA) has announced a month-on-month increase in the country's official state reserves for February 2024. Following a slight...
Maldives Customs Tighten Control: Tracks Safaris Transporting Alcohol, Pork
Maldives Customs Service has introduced a regulatory amendment requiring the installation of tracking devices on safaris transporting alcohol and pork products.
Ooredoo Maldives Streamlines Fitr Zakat Payments with m-Faisaa
Ooredoo Maldives has simplified the process of paying Fitr Zakat with its m-Faisaa mobile wallet payment option. Muslims observing Ramadan can now...
Maafaru International Airport Operator Seeks Partner for Hotel Development
Island Aviation Services Limited (IASL), the operator of the Maldives' Maafaru International Airport, has announced a tender process to select a developer...
BCC Launches Campaign to Showcase Local Products
The Business Centre Corporation (BCC) has launched the “Dhiveheennah Iskan” campaign. The initiative, inaugurated by Minister of Economic Development and Trade Mohamed...
Dhiraagu to Host GudiFest in Hulhumale’
Dhiraagu will host its GudiFest kite-flying event in Hulhumale today, Sunday, 31 March 2024. The event will take place at Dhiraagu Beach,...
Ahmed Zeenad Appointed as Managing Director of HDFC
The Housing Development Financing Corporation (HDFC) has announced the appointment of Ahmed Zeenad as its new Managing Director. Zeenad brings a wealth of experience...
Kaafu and Raa Atolls Lead Green Tax Revenue in January
The Ministry of Finance released data in January revealing that Kaafu and Raa Atolls were the top contributors to green tax revenue...
Maldives Partners with China to Develop Agricultural Zone in Uthuru Thilafalhu
A Memorandum of Understanding (MoU) has been inked between the Maldives Industrial Development Free Zone Plc (MIDFZ) and China Harbor Engineering Company...
Currency Printing: Solution or Risk for the Maldives?
Ibrahim Mohamed Solih, former President of the Maldives, has reignited debate on economic policy by advocating for the potential of printing currency...
Rasmale’ Housing Project Under Scrutiny by Anti-Corruption Commission
The Anti-Corruption Commission (ACC) of the Maldives has initiated an investigation into a case surrounding the current administration's flagship housing initiative, the...
MPL Launches Sea-to-Air Cargo Service with Key Partnerships
Maldives Ports Limited (MPL) has inaugurated its new Sea-to-Air Cargo Transshipment service, marking an important milestone for the company. During a signing...
Gov’t Reassures Russian Tourists Amid US Extradition Concerns
The Maldives Ministry of Foreign Affairs has moved to allay safety concerns for Russian tourists after Moscow advised its citizens to be...
Finance Ministry Imposes New Regulations on Government Procurement
The Finance Ministry has introduced new regulations aimed at strengthening the integrity of the government procurement process.
The...
MMA Clarifies Loan Restructuring Situation with China
Deputy Governor of the Maldives Monetary Authority (MMA), Ahmed Imad, addressed concerns regarding the restructuring of loans owed to China. As of Wednesday,...
Parliament Considers Amendments to Land Act
Parliamentarian Moosa Siraj has introduced a bill proposing significant amendments to the Maldivian Land Act, aiming to modernize the legislation and address...
Gov’t Postpones Salary Hike for Judiciary and Independent Bodies
The Maldivian Finance Ministry has announced a delay in implementing Parliament-approved salary increases for judges and members of independent commissions. The decision...
Gov’t Partners with HDFC to Launch Housing Finance Scheme
The government has partnered with the Housing Development Finance Corporation (HDFC) to introduce the "Hiyaavehi Finance Scheme." The initiative aims to provide...
Maldivian to Launch Direct Flights to Colombo
Maldivian is set to expand its network with the introduction of direct flights to Colombo, Sri Lanka, starting on April 25th, 2024....