Inflation Eases in the Maldives as Commodity Prices Fall, MMA Reports
Inflation in the Maldives eased in January, declining to 0.6%, according to data released today…
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Gov’t Announces Business Hours for Ramadan
The Ministry of Economic Development has announced the operating hours for goods outlets, cafes, and…
World Bank Report Reveals Startling Global Gender Gap
A groundbreaking new report released by the World Bank Group exposes a significant global gender…
Ooredoo Maldives Launches Gamers Land 2024 with MVR 700k Prize Pool
Ooredoo Maldives has unveiled its plans for Ooredoo Nation Gamers Land 2024, a major gaming…
Maldivian Fish Exports Plunge 50% in January
Fish exports from the Maldives experienced a significant decline in January, falling by 50%, according…
Japan’s GGP Grants USD 73K to Boost Healthcare
The Japanese Government has pledged a grant of USD 73,538 (equivalent to 1.13 million Maldivian…
2024 Tourism Boom: Maldives Surpasses 400k Arrivals
The Maldives is off to a remarkable start in 2024, with tourist arrivals surpassing 400,000…
Maldives Team Leaves for ITB Berlin 2024
A delegation of Maldivian chefs has departed for Germany to attend the upcoming ITB Berlin…
PCB Issues Ramadan Allowance Directive, LRA Urges Employer Compliance
The Privatization and Corporatization Board (PCB) has issued a directive addressing the payment of Ramadan…
Maldivian Economy: A Tale of Tourism Triumphs and Lingering Concerns
The palm-fringed beaches and turquoise lagoons of the Maldives, a tourism haven for honeymooners and…
Government’s Vision: Tax Base Expansion for Economic Growth
The government has outlined its economic vision, emphasizing the growth of business opportunities and increased…
MACL Gears Up for New VIA Terminal Launch
The Maldives Airports Company Limited (MACL) has initiated a series of consultative meetings with key…
MMA Reports Maldives Economic Moderation in Q4 2023; Fiscal Spending Increases
New data released by the Maldives Monetary Authority (MMA) shows economic activity in the Maldives…
Ooredoo Maldives Announces Winner of Dream Trip to Paris for PSG Match
Ooredoo Maldives has revealed the lucky winner of a once-in-a-lifetime trip to Paris. In partnership…
Gov’t Extends Lease Period for Uninhabited Islands
President Dr Mohamed Muizzu has announced a significant extension to the lease period for uninhabited…
Dhiraagu Wins “Maldives’ Broadband Telecom Company of the Year” at Asian Telecom Awards
Dhiraagu has been awarded the title of “Maldives’ Broadband Telecom Company of the Year” at…
Gov’t to Prioritize US Dollar Reserves for Economic Stability
President Dr Mohamed Muizzu has announced that the Maldives’ Sovereign Development Fund (SDF) is on…
PSIP Spending Sees Significant Decrease
Spending on the government’s Public Sector Investment Program (PSIP) has experienced a substantial decline this…
Gov’t Releases MVR 56 Million in Compensation
The Maldivian government has released MVR 56 million in compensation payments as of February 22nd.…
R. Alifushi to Receive Airport and Industrial Zone, Boosting Economic Potential
During his visit to R. Alifushi, President Dr Mohamed Muizzu unveiled significant development initiatives for…
STO Reassures Public of Essential Food Availability During Ramadan
The State Trading Organization (STO) has reassured the public that staple food items like onions,…
Dhiraagu, Fishermen’s Association Celebrate Young Fisher’s Club Success
Dhiraagu and the Maldives Fishermen’s Association have celebrated the graduation of 35 students from Ihavandhoo…
MIFCO to Boost Export Capacity with 3,000 Metric Ton Vessel
The Maldives Industrial Fisheries Company (MIFCO) is enhancing its export capabilities by bringing in a…
Foreign Airline Traffic to Maldives Sees Increase in January
The Maldives Monetary Authority (MMA) reports a significant increase in international flights scheduled to the…