Maldives Customs Reports Increase in Import and Export Revenue for July
The Maldives Customs Service has reported that revenue from imports and exports reached USD 24…
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Maldives Partners with SEI-US to Strengthen Capacity in Climate Transparency Efforts
The Ministry of Climate Change, Environment, and Energy has signed an agreement with the Stockholm…
New Transport Links: Govt’s Strategy to Connect Key Development Zones
The Maldivian government has revealed plans to establish an integrated transportation network connecting Rasmale, Giraavaru…
Amendment to the Maldives Securities Act Opens New Avenues for Foreign Investors
The People’s Majlis has passed the third amendment to the Maldives Securities Act 2/2006, marking…
Adoption of Digital Banking: An Overview of Internet and Mobile Banking in the Maldives
In recent years, the Maldives has seen a significant shift towards digital banking services, reflecting…
Intour Maldives Marks 28 Years by Adopting 28 Sea Turtles
Intour Maldives, a leading luxury destination management company (DMC) in the Maldives, has celebrated its…
Gov’t Reassures Investors Amid Sukuk Value Decline
The Maldivian government has moved to reassure investors following a dramatic fall in the value…
Team Husbulhi Wins Ooredoo Masrace 2024, Secures MVR 25,000 Grand Prize
Team Husbulhi has been crowned champions of the Ooredoo Masrace 2024, claiming the grand prize…
Report: Bank of Maldives Faces Erosion of Public Trust Amid Ongoing Scandals and Controversies
For years, the Bank of Maldives (BML) has faced mounting criticism from the public over…
Q1 2024 SOE Review: Revenue Growth Offset by Profit Decline
The Privatisation and Corporatisation Board’s Q1 2024 review of state-owned enterprises (SOEs) report shows profits…
Fuvahmulah City Council Announces Lease of Land for Tourism Projects
Fuvahmulah City Council has announced its decision to lease land from the city’s harbour area…
Outward Remittances from Maldives Surge by 40% in 2023 Amid Growing Expat Workforce
Foreign remittances have a significant impact on the economic landscape of the Maldives, but unlike…
Maldives Sukuk Bonds Face Selloff as Fears of Default Grow
In recent weeks, Maldivian Sukuk bonds have seen a dramatic fall in value as fears…
Maldives and UAE Strengthen Diplomatic Ties
Minister of Foreign Affairs of the Maldives, Moosa Zameer, met with His Highness Sheikh Abdullah…
Maldives and Kazakhstan Sign MoU on Technology Cooperation
The Maldives has signed a memorandum of understanding (MoU) with Kazakhstan to collaborate on technology…
Rethinking Nationalism: Why Embracing Globalisation is Vital for the Maldives
As the Maldives celebrates its National Day, it’s an opportune moment to reflect on what…
Maldives Signs BBNJ Agreement, Strengthening Marine Conservation Efforts
The Maldives has officially become the 92nd signatory of the Biodiversity Beyond National Jurisdiction (BBNJ)…
New Policy Mandates Food Safety Training for Home-Based Cooks in the Maldives
The Maldives Food and Drug Authority (MFDA) has introduced a new policy that requires home-based…
MPL Unveils New Website for Northern Maritime Services
Maldives Ports Limited (MPL) has officially launched a new website dedicated to its upcoming maritime…
SOE’s Ordered to Implement Cost-Cutting Measures
The Privatisation and Corporatization Board (PCB) has directed state-owned companies (SOE) to implement stringent cost-cutting…
Azerbaijan Airlines Unveils Direct Flight Route from Baku to the Maldives
Azerbaijan Airlines (AZAL) has announced the launch of its first direct flight service between Baku…
Celebrating Three Years of Success: First National Finance Corporation
Founding Vision: A Catalyst for Financial Transformation First National Finance Corporation was founded on July…
Revamped Foreign Investment Bill Promises Easier Access and Stronger Regulations for Investors
President Dr Mohamed Muizzu has ratified the new Foreign Investment Bill, marking a significant step…
National Single Window Platform Launched to Facilitate Business
The National Single Window project, designed to be a centralised platform where businesses and individuals…