Maldives Showcases Tourism at New York’s Travel & Adventure Show
The Maldives Marketing and Public Relations Corporation (MMPRC), in collaboration with the Permanent Mission of the Republic of Maldives to the United Nations and two industry partners, participated in the Travel & Adventure Show 2025 in New York City. The event, held from January 25th to 26th, featured Centara Grand Island Resort & Spa Maldives and Diamonds...
Investigation Continues as HDC Reverses Some Suspensions
Housing Development Corporation (HDC) has announced that it has lifted the suspension of some employees who were previously suspended in connection with the ongoing criminal investigation into the Gedhoruveriya/Binveriya housing scheme.
In December, 15 employees, including senior management members, were initially suspended. They were later terminated from their positions, but within three days, they...
State-Owned Enterprises Report MVR 12 Billion in Revenue for Q2 2024
The latest quarterly report from the Privatisation and Corporatisation Board (PCB) provides an overview of the financial and operational performance of state-owned enterprises (SOEs) in the Maldives. The report analyses key indicators such as revenue, profitability, liquidity, and government contributions to assess the efficiency of SOEs whose quarterly financial statements were received before publication.
CAA Staff Petition President Over Salary Framework Issue
Staff of the Civil Aviation Authority (CAA) have submitted a petition to President Dr Mohamed Muizzu, expressing concerns over salary payments that did not reflect changes introduced under a new employment framework. The petition follows the disbursement of January salaries, which were calculated based on the previous framework, despite a revised structure coming into effect at the...
New Initiative Aims to Connect Resorts with Maldivian Farmers
The government has launched a new initiative to explore potential partnerships with tourist resorts to strengthen the local agricultural sector. As part of this effort, a team from the Ministry of Agriculture and Animal Welfare, led by Minister Dr Maryam Mariya, visited Crossroads Maldives on Sunday to study its farming techniques and plant maintenance methods.
Maldives to Establish National Digital Transformation Framework
The government has announced plans to implement a wide-ranging digital transformation framework, following discussions at a Cabinet meeting on Sunday. The initiative, spearheaded under the guidance of President Dr Mohamed Muizzu, aims to modernise governance structures, enhance digital services, and maximise the benefits of the digital economy for Maldivians.
The decision follows a paper...
MPL Managing Director Mohamed Wajeeh Ibrahim Dismissed
The Privatisation and Corporatisation Board (PCB) has announced the dismissal of Mohamed Wajeeh Ibrahim from his position as Managing Director and Board Director of Maldives Ports Limited (MPL). The decision was made public through a post on PCB’s official X account on Sunday evening, though no formal reason was provided for the move.
Wajeeh,...
Gov’t to Introduce Legal Framework for Small Business Protection
The Maldivian government plans to establish a legal framework this year to protect and promote small businesses across the country, Minister of Economic Development and Trade Mohamed Saeed announced on Sunday. The initiative aims to provide legal recognition and safeguards for local entrepreneurs while creating an enabling environment for business growth.
The announcement was...
Two Winners Announced, More Prizes Await in Ooredoo Golden Futsal Draw
Ooredoo Maldives continues to bring excitement to the Golden Futsal Challenge, the nation’s largest futsal tournament, with its special Golden Futsal Ranuge Furusathu weekly lucky draw. As the tournament progresses at Rehendhi Turf, Hulhumalé, two lucky winners have already been selected, with more exciting prizes still up for grabs.
How to Participate
Football fans...
Employers Given March 15 Deadline to Update Migrant Worker Biometrics
The Ministry of Homeland Security has set a March 15 deadline for employers to update the biometric data of foreign nationals working in the greater Male’ region. The directive applies to workers in Male’ City, Hulhumale’, Vilimale’, as well as K. Thilafushi and K. Gulhifalhu.
In a statement issued on Sunday, the ministry urged employers to collaborate...
Trump’s Aid Suspension: What It Means for Maldivian Development Initiatives
President Donald Trump has enacted a comprehensive 90-day freeze on U.S. foreign aid, aiming to reassess and realign assistance programs with the "America First" agenda. This decision has led to the suspension of numerous aid initiatives worldwide, with potential repercussions for nations like the Maldives.
Overview of the Aid Freeze
Maldives Economic Gateway Project to Move Forward with Key Developments
The government will introduce marine refuelling and reexport services as part of the first phase of the Maldives Economic Gateway (MEG) Project, Minister of Economic Development and Trade, Mohamed Saeed, revealed on Thursday.
Speaking in an exclusive interview with state media during President Dr Mohamed Muizzu’s visit to several islands in Haa Alifu Atoll,...
What Merging Climate and Tourism Ministries Means for Governance
The Maldivian government has merged the Ministry of Climate Change, Environment and Energy with the Ministry of Tourism, forming the Ministry of Tourism and Environment. The change was made under President Mohamed Muizzu’s authority, as provided in Article 116(a) of the Constitution, and was officially announced by the President’s Office through a directive.
Alongside this...
India Increases Aid to Maldives Amid Diplomatic Realignment
India has raised its financial assistance to the Maldives from Rs 400 crore (USD 48 million) to Rs 600 crore (USD 72 million) for the 2025-26 fiscal year, reflecting renewed efforts to strengthen ties between the two nations. The increase comes at a time when the Maldivian government, under President Mohamed Muizzu, is working to recalibrate its...
Gov’t Merges Environment and Tourism Ministries, Thoriq Ibrahim Takes Charge
The government has merged the Ministry of Climate Change, Environment and Energy with the Ministry of Tourism, forming the new Ministry of Tourism and Environment. President Dr Mohamed Muizzu appointed Thoriq Ibrahim as the minister of the newly combined entity, following the dismissal of Ibrahim Faisal as Tourism Minister on 28 January. The government has not provided...
Maldives and Saudi Arabia Discuss Expanding Trade and Investment
Foreign Minister Dr Abdulla Khaleel met with Saudi Arabia’s Minister of Commerce, Majid bin Abdullah Al Qasabi, to explore opportunities for expanding trade relations and increasing Saudi investments in the Maldives. The meeting took place during Dr Khaleel’s ongoing official visit to Saudi Arabia.
Both ministers reaffirmed their commitment to deepening bilateral ties and...
Nominations Open for South Asian Travel Awards 2025
Nominations for the South Asian Travel Awards (SATA) 2025 are now officially open, inviting hospitality and travel businesses across the region to participate in the prestigious annual event. Since its inception in 2016, SATA has celebrated excellence in the tourism sector, recognising outstanding contributions from organisations and individuals in Sri Lanka, the Maldives, Bangladesh, Nepal, Bhutan, and...
Gov’t to Mobilise State-Run Companies to Complete Delayed Projects
President Dr Mohamed Muizzu has reaffirmed the government’s commitment to resuming and completing stalled development projects across the Maldives, with a focus on utilising state-owned enterprises to ensure their completion. Speaking to residents of Uligamu, he highlighted the importance of these initiatives in supporting national development and improving public services.
During his address, President...
STO Reports MVR 218 Million Net Profit in Q4 2024
State Trading Organization (STO) plc has reported a net profit of MVR 218 million for the fourth quarter of 2024, with total revenue reaching MVR 3.84 billion. The company's latest financial results reflect a steady performance, with fuel sales continuing to dominate its revenue stream.
According to STO’s financial statements, operating profit for the...
State-Owned Enterprises Ordered to Cap Directors’ Salaries at MVR 90,000
The Privatisation and Corporatisation Board (PCB) has ordered a salary cap of MVR 90,000 for the heads of state-owned enterprises (SOEs) as part of the government’s cost-cutting measures. The directive, issued through a circular on Thursday, will remain in effect for the next two years.
According to the circular, the decision follows an order...
Maldives and Saudi Arabia Reaffirm Strong Bilateral Ties in Riyadh Talks
The Minister of Foreign Affairs of the Maldives, Dr Abdulla Khaleel, met with his Saudi counterpart, His Highness Prince Faisal bin Farhan Al-Saud, in Riyadh for official discussions aimed at strengthening the long-standing relationship between the two nations.
During the meeting at the Saudi Ministry of Foreign Affairs, both ministers reaffirmed the enduring bonds...
SIMDI Group Celebrates 24 Years of Excellence and Growth
SIMDI Group marked its 24th anniversary, celebrating nearly a quarter-century of growth, innovation, and commitment to the Maldivian market. The milestone was commemorated with a special gathering, recognising the dedication of the company’s employees and the partnerships that have shaped its success.
Reflecting on the journey, Managing Director Mishal Didi stated, “As we celebrate...
Report: When the Enforcers Become the Entrepreneurs
The role of the police and military is simple in theory. The police enforce the law, the military safeguards national security, and the government ensures that these institutions are funded and supported. Yet, in the Maldives and elsewhere, these fundamental duties have taken a back seat as law enforcement agencies morph into business entities—running property developments, trading...
Life Elevated by Design: The Art of Home at Bayfancy
A home is more than just a place to live—it’s a reflection of aspirations, a sanctuary for daily life, and a canvas for self-expression. At Bayfancy, each floor plan tells a thoughtfully crafted story, seamlessly blending aesthetics, functionality, and comfort. Designed to enhance modern living, every space offers a harmonious balance between practicality and personal style.
LATEST ARTICLES
Maldives Showcases Tourism at New York’s Travel & Adventure Show
The Maldives Marketing and Public Relations Corporation (MMPRC), in collaboration with the Permanent Mission of the Republic of Maldives to the United...
Investigation Continues as HDC Reverses Some Suspensions
Housing Development Corporation (HDC) has announced that it has lifted the suspension of some employees who were previously suspended in connection with...
State-Owned Enterprises Report MVR 12 Billion in Revenue for Q2 2024
The latest quarterly report from the Privatisation and Corporatisation Board (PCB) provides an overview of the financial and operational performance of state-owned...
CAA Staff Petition President Over Salary Framework Issue
Staff of the Civil Aviation Authority (CAA) have submitted a petition to President Dr Mohamed Muizzu, expressing concerns over salary payments that...
New Initiative Aims to Connect Resorts with Maldivian Farmers
The government has launched a new initiative to explore potential partnerships with tourist resorts to strengthen the local agricultural sector. As part...
