Maldives Customs to Introduce ‘Simplified Declaration’ Mechanism for Easier Import Duty Payments
Maldives Customs has announced the upcoming introduction of a ‘simplified declaration’ mechanism aimed at streamlining…
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Maldivian Cancels Flights to Dhaka Amid Emerging Situation in Bangladesh
Maldivian, the national airline of the Maldives, has announced the cancellation of its flights to…
Parliament Introduces Stringent Insurance Bill to Tackle Fraud and Unlicensed Operations
Parliament has introduced a comprehensive bill that imposes severe penalties for providing false information in…
STELCO and MNU Join Forces for Academic Study on Rising Electricity Bills
State Electric Company (STELCO) and Maldives National University (MNU) have inked an agreement to conduct…
Tourist Arrivals in July 2024 Show Significant Growth
The month of July 2024 marked a significant upturn in tourist arrivals to the Maldives,…
Villa College Launches New Degree Programmes
Villa College has launched two new degree programmes, the Bachelor of Quantity Surveying and the…
Maldives and United States Sign Fourteenth Amendment to Development Objective Grant Agreement
The Maldives and the United States have signed the fourteenth amendment to the Development Objective…
MMA Introduces Managing Director Role in Major Restructure
The Maldives Monetary Authority (MMA) board has approved significant changes to its management structure in…
Maldives’ GDP Growth Surges in Q1-2024: A Look at the Contributing Sectors
The Maldivian economy experienced a significant boost in the first quarter of 2024, with real…
Maldives Aims to Restore India as a Top Tourism Market
Ibrahim Shiuree, the CEO and Managing Director of Maldives Marketing & Public Relations Corporation (MMPRC/Visit…
Maldivian Enhances Connectivity with Synchronised RTL Ferry Services in Kooddoo
Maldivian, the national airline of the Maldives, has announced a seamless connection between its early…
Gov’t Receives Two Candidates for CEO of Maldives Development Bank
The government has announced the consideration of two candidates for the position of Chief Executive…
MMPRC, MATATO, and NHGAM Successfully Conclude ‘Welcome India’ 3-City Roadshow
The “Welcome India” Roadshow series, a collaborative initiative between the Maldives Marketing and Public Relations…
Dhiraagu Partners with CA Maldives for Maldives Accountants Forum 2024
Dhiraagu has announced its partnership with the Institute of Chartered Accountants of the Maldives (CA…
STELCO Considers Real-Time Billing Amid Rising Electricity Concerns
The State Electric Company (STELCO) is exploring the implementation of real-time billing to address the…
Maldives Aims to Deport 50,000 Illegal Immigrants within Five Years, Says Immigration Chief
The Controller General of Immigration, Mohamed Shamman Waheed, announced on Saturday that the Maldives is…
Maldives Accountants Forum 2024 Kicks Off with Over 300 Participants
The Maldives Accountants Forum (MAF) 2024, organised by the Institute of Chartered Accountants of the…
Rising Inflation in the Maldives: June 2024 Sees Rate Increase to 1.4%
The Maldives witnessed a notable rise in inflation in June 2024, with the annual inflation…
Maldives Central Bank Shreds MVR 22.9 Million in Worn-Out Banknotes in 2023
The Maldives Monetary Authority (MMA) has announced that it shredded MVR 22.9 million worth of…
Ahmed Nawaz Rasheed Appointed Chief Operations Officer of CTI Maldives
Ahmed Nawaz Rasheed has been appointed as the new Chief Operations Officer (COO) of Corporate…
MPL Prepares to Launch International Bunkering Services in Northern Atolls
Maldives Ports Limited (MPL) is in the final stages of preparation to commence international bunkering…
Continued Delay in Fiscal Reports Raises Concern
The Ministry of Finance has yet to release its Weekly Fiscal Development Report, despite a…
Maldives’ Usable Reserves Fall to USD 67 Million Amid Economic Strain
Usable reserves in the Maldives have decreased to USD 67 million in June this year,…
Visit Maldives Launches Campaign with TVer in the Japanese Market
The Maldives Marketing and Public Relations Corporation (MMPRC/Visit Maldives) has announced the launch of a…