Maldives Supports Key Human Rights Resolutions at UN Council’s 59th Session

The 59th Session of the United Nations Human Rights Council concluded in Geneva yesterday, with the Maldives maintaining an active presence throughout the proceedings. The session saw the adoption of 26 resolutions and one decision, alongside the appointment of two Special Procedures Mandate Holders. Representing its continued commitment to multilateral engagement, the Maldives delivered...

AI in Healthcare Must Be People-Centred, Say Global Experts. Is Maldives Ready?

As countries around the world turn to artificial intelligence (AI) to transform their health systems, the Maldives too stands at a critical juncture. With increasing interest in digital health technologies, there is growing momentum to integrate AI tools into the country’s health infrastructure. Yet, doing so without clear principles and safeguards could lead to unintended harms, particularly...

On World Population Day, President Urges Youth-Centred Policy Shift

On the occasion of World Population Day, President Dr Mohamed Muizzu delivered a clear message: the Maldives must invest more in its young people if it hopes to remain resilient in the face of shifting demographics. In a statement marking the day, the President underscored that the country is steadily transitioning into an ageing...

Green Tax and TGST Boost Government Revenue in June

The Maldives Inland Revenue Authority (MIRA) has reported a notable increase in revenue collection for June 2025, with total collections reaching MVR 2.63 billion. This represents a 27 percent rise compared to June 2024 and surpasses the projected revenue by 10.4 percent. According to MIRA, the uptick is largely due to stronger collections from...

PCB Mandates Master’s Degree for SOE Chairperson Appointments

The Privatization and Corporatization Board (PCB) has revised the eligibility criteria for appointing chairpersons at state-owned enterprises (SOEs), making academic qualifications a central requirement. The new rules prioritise individuals holding a Master’s degree or equivalent postgraduate qualifications. The board unanimously passed the decision on Wednesday, 9th July, and officially communicated via a circular issued...

Is the Maldives Tourism Losing Its Identity in the Rush for More Tourists?

Being the Maldives was always more than enough. The real danger is forgetting why.

Aséria: A Residential Development Built on Trust and Transparency

In the evolving story of Hulhumalé’s urban transformation, Aséria continues to set itself apart. Not only as the Maldives’ first gated community, but as a project where transparency is treated not as a feature, but as a founding principle. At Aséria, progress isn’t hidden behind polished renderings or vague assurances. It is visible, documented,...

First National Money Market & Savings Fund Made More Accessible to Investors

First National Money Market & Savings Fund convened its third Annual General Meeting on 9th July 2025. The First National Money Market & Savings Fund is the first dedicated money market fund in the Maldives, licensed and registered with the Capital Market Development Authority (CMDA). The fund is managed by First National Finance Corporation.  

Maldives and United States Discuss Fisheries Cooperation and Investment Opportunities

The Maldives and the United States have engaged in talks aimed at strengthening bilateral ties and exploring potential investment in the Maldivian fisheries sector. The meeting, described as a courtesy call, took place between Minister of Fisheries and Ocean Resources Ahmed Shiyam and U.S. Ambassador Hugo Yon. Fisheries remain a key pillar of the...

Maldives Budget Surplus Sustained by Longstanding Capital Spending Shortfalls

The Government of Maldives has recorded a budget surplus of MVR 628.2 million as of 26 June 2025, according to the Ministry of Finance’s latest fiscal report. While the headline surplus may appear encouraging, the underlying trend points to a long-standing issue: chronic under-execution of capital expenditure. Total government spending for the first half...

Ooredoo Supernet Brings High-Speed Internet and Smart Living to B. Thulhaadhoo

Ooredoo Maldives has officially launched its Supernet broadband service in B. Thulhaadhoo, extending its high-speed, unlimited data connectivity to the island’s residents and businesses. The introduction of Supernet marks a significant step in Ooredoo’s commitment to digitally empower communities throughout the Maldives. Supernet offers gigabit-grade internet access designed for modern digital lifestyles. Whether for...

Maldives Expands Global Ties with New Visa Exemption Deal with Dominica

The Maldives and the Commonwealth of Dominica have signed a bilateral visa waiver agreement allowing nationals of both countries to travel visa-free for stays of up to 30 days. The agreement was signed in New York at the Permanent Mission of the Maldives to the United Nations. Representing the Maldives was Dr Ali Naseer...

STELCO Aims to Complete Smart Meter Rollout by End of September

State Electric Company (STELCO) has announced that it expects to complete the rollout of smart meters by the end of September, replacing all existing analogue electricity meters. The initiative is part of a broader smart grid modernisation project launched in August last year. The utility company is in the final stages of preparation for...

Maldivian Launches Seasonal Flights from Shenzhen to Malé via Bangkok

Maldivian, the national airline of the Maldives, has launched a seasonal flight service connecting Shenzhen, China, to Malé via Bangkok, marking a notable step in its international expansion strategy. The inaugural flight, which arrived in the Maldives on 9 July 2025, operated with a load factor of over 95 percent, reflecting strong demand for travel between the...

Market Rebounds on Maldives Sukuk Amid Stronger Liquidity, But Risks Persist

The price of the Maldives’ sovereign Sukuk has risen sharply, from approximately USD 64.7 in early April 2025 to USD 87.5 on 8 July, highlighting growing investor confidence that appears to outpace the country’s still-stressed credit standing. What’s Behind the Rally? According to the Ministry of Finance and Planning, recent...

Dhiraagu Offers Weekly Prizes for Prepaid Customers with MVR 20 Reload Promotion

Dhiraagu has introduced a new promotional campaign offering its prepaid customers the chance to win a range of exciting prizes by simply reloading MVR 20 or more. Running until 31 July 2025, the campaign gives participants the opportunity to enter a weekly lucky draw each time they top up through any Dhiraagu channel. Prizes...

Maldives Seeks Stronger Climate Partnership with ADB

The Government of Maldives has held formal discussions with senior officials from the Asian Development Bank (ADB) as part of efforts to fortify environmental defences and accelerate the country’s shift to renewable energy. Minister of Tourism and Environment Thoriq Ibrahim led the talks with Thiam Hee Ng, Regional Head of ADB, during which they...

FDI Should Translate Into Jobs and Business for Youth, Minister Highlights

Foreign Direct Investment (FDI) in the Maldives should contribute directly to job creation and economic opportunities for young people, according to the Minister of Construction, Housing and Infrastructure, Dr Abdulla Muththalib. At a ceremony marking the official completion of Maafaru International Airport on Tuesday, the Minister noted that the government’s policy aims to enhance...

Khalid Al-Hamadi Spotlights Maldives’ Digital Readiness at Singapore Forum

Ooredoo Maldives CEO and Managing Director Khalid Al-Hamadi has positioned the Maldives as a rising digital hub during his appearance at the Singapore–Maldives Business Forum 2025. Participating in a high-profile panel titled “From Foundation to Future: Exploring Investment Partnerships”, Al-Hamadi spotlighted the country’s robust digital infrastructure and its growing appeal for international investment. The forum,...

AI Is Redefining Finance Jobs. What Comes Next?

As artificial intelligence continues to weave itself into the fabric of global finance operations, the same shift is beginning to take root in the Maldives. From streamlining processes to reimagining job roles, AI is forcing finance teams to rethink not only how they work, but what skills they value and what the finance function ultimately stands for.

Maafaru International Airport Upgrade Celebrated with Inaugural Maldivian Flight

The Maldives on Tuesday officially celebrated the completion of the Maafaru International Airport upgrade project with the arrival of a wide-body aircraft operated by national airline Maldivian. The aircraft, an A330, was welcomed with a ceremonial water salute, marking the operational readiness of the expanded runway and upgraded facilities. The event was attended by...

Gov’t Seeks Investor Input for Laamu Fonadhoo Port and Bunkering Project

The Government of Maldives has issued a Request for Expression of Interest (REOI) inviting qualified and reputable investors to engage in a consultative dialogue for the proposed Laamu Fonadhoo Port and Bunkering Project. Positioned near the One-and-a-Half Degree Channel, a major maritime route in the central Indian Ocean, the initiative is seen as a strategic effort to...

MMA Reports Stable Financial Position for June 2025

The Maldives Monetary Authority (MMA) has published its Statement of Financial Position for June 2025, revealing a modest month-on-month increase in both assets and equity, underpinned by growth in foreign currency holdings and continued investment in government securities. As of 30 June 2025, the Authority's total assets stood at MVR 30.6 billion, up from...

Recreational Fishing Gains Momentum as Maldives Holds First National Workshop

The Ministry of Fisheries and Ocean Resources has conducted the first national workshop dedicated to recreational fishing, drawing participation from 60 fishermen across the country. The event, held under the banner ‘Masveringe Gunzaru’, brought attention to the growing interest in sport fishing in the Maldives and the government’s intention to promote it sustainably. The...

LATEST ARTICLES

Maldives Supports Key Human Rights Resolutions at UN Council’s 59th Session

The 59th Session of the United Nations Human Rights Council concluded in Geneva yesterday, with the Maldives maintaining an active presence throughout...

AI in Healthcare Must Be People-Centred, Say Global Experts. Is Maldives Ready?

As countries around the world turn to artificial intelligence (AI) to transform their health systems, the Maldives too stands at a critical...

On World Population Day, President Urges Youth-Centred Policy Shift

On the occasion of World Population Day, President Dr Mohamed Muizzu delivered a clear message: the Maldives must invest more in its...

Green Tax and TGST Boost Government Revenue in June

The Maldives Inland Revenue Authority (MIRA) has reported a notable increase in revenue collection for June 2025, with total collections reaching MVR...

PCB Mandates Master’s Degree for SOE Chairperson Appointments

The Privatization and Corporatization Board (PCB) has revised the eligibility criteria for appointing chairpersons at state-owned enterprises (SOEs), making academic qualifications a...
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