Maldives Reaffirms Commitment to AIIB Partnership at 10th Annual Meeting in Beijing
The Maldives has expressed its appreciation for the support received from the Asian Infrastructure Investment Bank (AIIB) and signalled its intention to deepen ties with the institution in the coming years.
Speaking at the Business Roundtable titled “Building on a Decade of Impact” during AIIB’s 10th Annual Meeting held in Beijing, Minister of Finance and Planning...
Villa College Opens Applications for September 2025 Intake
Villa College has officially opened applications for its September 2025 intake, offering prospective students a wide array of academic pathways across more than 100 programmes. Spanning from Foundation to Master's levels, the programmes cover high-demand fields including education, engineering, information technology, business, health sciences, psychology, tourism, and law.
The September intake includes both in-house...
Maldivian Expands Reach with Entry into TravelSky GDS and BSP China
Maldivian, the national airline of the Maldives, has announced its integration into the TravelSky Global Distribution System (GDS) and its official entry into IATA’s Billing and Settlement Plan (BSP) in China. The move, effective from 25 June 2025, aims to improve accessibility and ticketing convenience for Chinese travel agents and international partners.
With this...
With Over a Million Visitors, the Maldives Watches Gulf Air Corridors with Caution
Tourist arrivals to the Maldives crossed 1.07 million as of 23 June 2025, with China, Russia, and the United Kingdom leading the market. While this reflects a strong and steady recovery, the country’s growing reliance on major air transit hubs, particularly Dubai, Doha, and Abu Dhabi, could become a strategic vulnerability if regional instability continues to escalate.
CMDA Says It Lacks Enforcement Powers to Tackle Scams
The Capital Market Development Authority (CMDA) has stated that while it holds legal responsibility to investigate scams, its ability to take action is constrained by a lack of enforcement powers.
In comments made during a recent appearance on state media, CMDA’s CEO Mohamed Hussain Maniku explained that the authority’s mandate is limited to cases...
Operation Hamamagu Begins: Immigration Targets Undocumented Migrants in Addu
Maldives Immigration has launched its largest enforcement operation to date in Addu City, under a campaign titled Operation Hamamagu. The effort, which began today, aims to regularise undocumented migrants and crack down on illegal employment practices across the city.
According to officials, 35 officers from the Enforcement and Compliance Division, along with personnel from the...
WEF Report Highlights Urgent Priorities for Fintech Growth
As the fintech industry transitions from a phase of rapid expansion into one focused on sustainable growth and collaboration, there are pressing lessons for Maldivian policymakers and business leaders seeking to strengthen the country’s financial infrastructure and unlock opportunities in digital finance.
The World Economic Forum’s second edition of The Future of Global Fintech offers insight...
Finance Minister Engages AIIB and SINOSURE in High-Level Talks in Beijing
Minister of Finance and Planning Moosa Zameer is in Beijing, China, representing the Maldives at the 10th Annual Meeting of the Board of Governors of the Asian Infrastructure Investment Bank (AIIB), being held from 24 to 26 June 2025 at the China National Convention Center.
Minister Zameer took part in the Governors’ Special Session...
More Changes at MMA as Longtime Advisor Dismissed
Idham Hussain has been dismissed from her position on the Board of the Maldives Monetary Authority (MMA), as part of a series of ongoing changes within the institution.
The change was confirmed to media by an MMA official. Idham’s departure from the board follows several other high-level exits from the institution this year.
Finance Ministry Announces Sale of Treasury Bills Worth Over MVR 4 Billion
The Ministry of Finance and Planning has announced the sale of Treasury Bills worth MVR 4.3 billion, inviting subscriptions ahead of a 30 June 2025 settlement date. The sale, listed as T-Bill Series TB-2025-012, will open for bids on 29 June 2025.
The government is offering four tenors across short to medium-term maturities. These...
President Proposes Incentives to End Island-Level Tobacco Use
President Dr Mohamed Muizzu has directed the Cabinet to assess the feasibility of providing financial rewards to residents of islands that achieve a complete halt in tobacco use.
In a statement posted on his official X account on Tuesday, the President announced that he has instructed relevant ministers to study the proposal and prepare...
Gov’t Engages Stakeholders Amid Flight Concerns from Gulf Airspace Closures
Tourism Minister Thoriq Ibrahim has stated that the Maldives is closely monitoring the escalating conflict in the Middle East and is working with industry partners to ensure the continued smooth operation of the tourism sector.
The remarks, shared early Tuesday morning on X, come amid heightened tensions following Iran’s missile strike on a US...
Dhiraagu Launches Bonus Credit Offer for Prepaid Customers Reloading via App
Dhiraagu has rolled out a limited-time offer for its Prepaid customers, giving them the opportunity to earn free bonus credit when reloading through the DhiraaguApp and other digital channels.
According to the company, customers who reload MVR 100, MVR 200, or MVR 500 through the DhiraaguApp, MyAccount, or the official Dhiraagu website will receive...
Maldivian Coast Guard Intercepts Foreign Fishing Boats in EEZ
The Maldives National Defence Force (MNDF) Coast Guard has detained two Sri Lankan fishing vessels for allegedly operating illegally within the Maldives’ Exclusive Economic Zone (EEZ). The interception took place during a surveillance operation carried out early Monday morning as part of the Coast Guard’s routine maritime patrols.
According to statements issued by the...
Minister: Government Assessing Fallout from Widening Middle East Crisis
Finance Minister Moosa Zameer has stated that the Maldivian government is closely monitoring the potential economic fallout from the escalating conflict involving Iran, Israel, and more recently, the United States.
In a post on X, the Minister said the government, under the leadership of President Dr Mohamed Muizzu, is assessing the implications of the...
President Muizzu Receives Non-Residential Spanish Ambassador
The Ambassador of Spain to India and accredited to the Maldives, Juan Antonio March Pujol, officially presented his Letters of Credence to President Dr Mohamed Muizzu in a ceremony held at the President’s Office today.
The non-resident ambassador to the Maldives was escorted from Republic Square to the President’s Office in a traditional Haiykolhu...
Credential Presentations Mark Day of Diplomatic Engagement at President’s Office
President Dr Mohamed Muizzu received Letters of Credence from twelve Non-Resident Ambassadors and High Commissioners at the President’s Office on Sunday morning. The ceremonies were held in accordance with official protocol and included a traditional procession known as “Haiykolhu,” accompanied by the Maldives National Defence Force (MNDF) Drum and Trumpet Band.
The envoys represent...
Gov’t Targets Year-End Completion for Minimum Wage Revision
The national minimum wage is expected to be reviewed and finalised by the end of this year, following delays in the revision process required by law. Minister of Higher Education, Labour and Skills Development Dr Ali Haidar informed Parliament that work on the review only began after the current administration took office, as no steps had been...
Dhiraagu Signs on as Premium Sponsor of Maldives Food Carnival 2025
Dhiraagu has partnered with the Maldives Food Carnival 2025 as its Premium Sponsor, reaffirming its role in supporting events that promote local entrepreneurship and community engagement. Organised by Think Associates in collaboration with Taste Maldives, the four-day culinary festival will take place from 25 to 28 June at Central Park, Hulhumalé.
Now in its...
Tensions in Strait of Hormuz Spark Global Oil Fears
The global oil market has entered a volatile phase following coordinated US-Israeli airstrikes on Iranian nuclear sites, with fears rising over Tehran's potential retaliation. One of the most pressing concerns is the threat to the Strait of Hormuz, a narrow but vital waterway through which nearly a fifth of the world’s oil flows. Any disruption there could...
Gov’t to Introduce New Insurance Scheme as Road Accidents Surge
The government is set to launch a new insurance scheme aimed at covering vehicle damages, as part of wider efforts to address the growing number of road accidents in the Maldives, particularly in the congested capital region.
Transport Minister Mohamed Ameen stated that the new initiative is expected to be introduced within the next...
Aséria: Driving Economic Progress Through Responsible Development
As part of Hulhumalé’s original masterplan, Aseria stands as a model for structured, sustainable urban development in the Maldives. This gated community represents a significant step forward in real estate, infrastructure, and investor confidence. With construction progressing steadily—over 40 foundations laid and slab work underway on eight homes—the development remains on track for completion by May 2027.
VIA Terminal Water Connection Complete Ahead of 26 July Launch
Velana International Airport (VIA) has taken a significant step forward in preparations for the opening of its new international terminal, with the completion of its water supply connection. The milestone comes ahead of the terminal’s scheduled inauguration on 26 July, coinciding with Maldives’ Independence Day.
The achievement was marked with a ceremony held by...
Unlocking Value in Hospitality Through Managed Services
As global hospitality continues its steady recovery, resorts and hotels in the Maldives are confronting a new set of challenges. From rising operational costs and persistent talent shortages to increasing guest expectations around technology and service, the sector is at a digital crossroads. The question is no longer whether to innovate, but how to do so efficiently....
LATEST ARTICLES
Maldives Reaffirms Commitment to AIIB Partnership at 10th Annual Meeting in Beijing
The Maldives has expressed its appreciation for the support received from the Asian Infrastructure Investment Bank (AIIB) and signalled its intention to...
Villa College Opens Applications for September 2025 Intake
Villa College has officially opened applications for its September 2025 intake, offering prospective students a wide array of academic pathways across more...
Maldivian Expands Reach with Entry into TravelSky GDS and BSP China
Maldivian, the national airline of the Maldives, has announced its integration into the TravelSky Global Distribution System (GDS) and its official entry...
With Over a Million Visitors, the Maldives Watches Gulf Air Corridors with Caution
Tourist arrivals to the Maldives crossed 1.07 million as of 23 June 2025, with China, Russia, and the United Kingdom leading the...
CMDA Says It Lacks Enforcement Powers to Tackle Scams
The Capital Market Development Authority (CMDA) has stated that while it holds legal responsibility to investigate scams, its ability to take action...
