Dhiraagu to Host GudiFest in Hulhumale’
Dhiraagu will host its GudiFest kite-flying event in Hulhumale today, Sunday, 31 March 2024. The…
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Ahmed Zeenad Appointed as Managing Director of HDFC
The Housing Development Financing Corporation (HDFC) has announced the appointment of Ahmed Zeenad as its new Managing…
Kaafu and Raa Atolls Lead Green Tax Revenue in January
The Ministry of Finance released data in January revealing that Kaafu and Raa Atolls were…
Maldives Partners with China to Develop Agricultural Zone in Uthuru Thilafalhu
A Memorandum of Understanding (MoU) has been inked between the Maldives Industrial Development Free Zone…
Currency Printing: Solution or Risk for the Maldives?
Ibrahim Mohamed Solih, former President of the Maldives, has reignited debate on economic policy by…
Rasmale’ Housing Project Under Scrutiny by Anti-Corruption Commission
The Anti-Corruption Commission (ACC) of the Maldives has initiated an investigation into a case surrounding…
MPL Launches Sea-to-Air Cargo Service with Key Partnerships
Maldives Ports Limited (MPL) has inaugurated its new Sea-to-Air Cargo Transshipment service, marking an important…
Gov’t Reassures Russian Tourists Amid US Extradition Concerns
The Maldives Ministry of Foreign Affairs has moved to allay safety concerns for Russian tourists…
Finance Ministry Imposes New Regulations on Government Procurement
The Finance Ministry has introduced new regulations aimed at strengthening the integrity of the government…
MMA Clarifies Loan Restructuring Situation with China
Deputy Governor of the Maldives Monetary Authority (MMA), Ahmed Imad, addressed concerns regarding the restructuring of…
Parliament Considers Amendments to Land Act
Parliamentarian Moosa Siraj has introduced a bill proposing significant amendments to the Maldivian Land Act,…
Gov’t Postpones Salary Hike for Judiciary and Independent Bodies
The Maldivian Finance Ministry has announced a delay in implementing Parliament-approved salary increases for judges…
Gov’t Partners with HDFC to Launch Housing Finance Scheme
The government has partnered with the Housing Development Finance Corporation (HDFC) to introduce the “Hiyaavehi…
Maldivian to Launch Direct Flights to Colombo
Maldivian is set to expand its network with the introduction of direct flights to Colombo,…
Central Bank to Boost US Dollar Supply in 2024
The Central Bank of Maldives (MMA) has pledged to increase the supply of US dollars…
Maldives Seeks Public Support for World Travel Awards
The Maldives is once again vying for nine prestigious accolades in the Indian Ocean’s category…
Parliament Rejects Sovereign Development Fund Bill
Parliament has rejected a government-sponsored bill designed to regulate the country’s Sovereign Development Fund (SDF).…
Aasandha Costs Skyrocket 60%, Reforms Needed to Protect Coverage
Minister of Social and Family Development, Dr Aishath Shiham, has revealed a concerning 60% surge…
Considering the Economic and Strategic Implications of a Major Seaport
The Maldives may be on the cusp of a profound transformation. Discussions are afoot regarding…
Gov’t Waives Penalties on Unpaid Utility Bills, Easing Financial Burdens
A significant move to ease the financial burdens on residents will take effect on April…
Early Detection Initiative Could Boost Sustainability of Aasandha Health Insurance Scheme
Over 500 individuals have taken advantage of medical check-ups offered under the Maldives’ government-backed Aasandha…
CMEC to Develop Key Infrastructure in Hulhumale Expansion
A major infrastructure development agreement has been signed between Maldives and China Machinery Engineering Construction…
CROSSROADS Maldives Offers Revenue-Sharing Leases at The Marina
CROSSROADS Maldives has announced a unique opportunity for entrepreneurs and brands. The destination is offering…
MIFCO Chief Suspended Amid Allegations, Denies Wrongdoing
Ahmed Shamah Rasheed, Managing Director and CEO of the Maldives Industrial Fisheries Company (MIFCO), remains…