Gov’t Clarifies: Ramadan Price Reductions Through Increased Production, Not Price Control
The Ministry of Agriculture and Animal Welfare has provided clarification on its approach to reducing…
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STELCO Signs Technical Support Agreement with Fenaka
State Electric Company (STELCO) and Fenaka Corporation, responsible for electricity supply in the Maldives, have…
STO Records MVR 4 Billion in Q4 Revenue, Experiences Overall Annual Decline in 2023
State Trading Organization (STO) has announced its financial results for the fourth quarter of last…
The Maldives Yacht Rally ‘Savaadheetha Dhathuru’ Set to Sail in February 2024
The Maldives Integrated Tourism Development Corporation (MITDC) has announced the much-anticipated third edition of the…
US and Maldives Commit to Enhanced Economic and Trade Relations
A meeting was held at the President’s Office between US Assistant Secretary Bureau Of South…
Maldives on Track to Attract 2.3 Million Tourists
The Maldives is set to reach a target of 2.3 million tourists by the end…
Maldivian Aims for Wide-Body Aircraft Debut This Year
Maldives’ national airline, Maldivian, is set to introduce wide-body aircraft into its fleet, with services…
Gov’t Set to Begin Dredging for Economic Gateway Project
Economic Minister Mohamed Saeed has recently announced that preparations for the dredging work required to…
Dhiraagu Announces Final Call for ‘Win A Tesla’ Promotion
Dhiraagu has announced the final opportunity for customers to enrol in their ‘Win A Tesla’…
President Muizzu Announces New Fishermen’s Co-operative Society
President Dr Mohamed Muizzu has announced the establishment of the Fishermen’s Co-operative Society following a…
Maldives Industrial Development Free Zone Plc to Lead Ihavandhoo Transshipment Port Project
The Government of the Maldives has assigned the development of the Ihavandhoo transshipment port to…
Dhiraagu Partners with EPA on ‘Restore Rasfari’ Project
Dhiraagu has announced its collaboration with the Environmental Protection Agency (EPA) on the ‘Restore Rasfari’…
Chinese Firm to Construct 15,000 Housing Units in Rasmale
The China State Construction Engineering Corporation (CSCEC) has proposed to construct 15,000 housing units in…
BML Reduces Student Loan Rates to 2.5%
The Bank of Maldives (BML) has announced a reduction in the interest rates for its…
Gov’t Announces New Measures to Reduce Essential Food Prices
President Dr Mohamed Muizzu has introduced policies to lower the prices of essential food items…
How Maldives Can Set the Standard in Eco-Tourism
The Maldives, with its pristine beaches and rich marine life, stands on the cusp of…
Addu Night Market 2024: Get Ready for a Spectacular Street Bazaar!
Addu Night Market is all set to light up the streets of Addu City from…
MMA Report: Retail Sector Down in 2023, Upturn Expected in 2024
The wholesale and retail trade sector in Q4-2023 experienced a notable contraction, according to the…
Hanimaadhoo Airport Runway Expansion on Track for March Completion
The ambitious expansion of Hanimaadhoo International Airport’s runway is set to reach a significant milestone…
Gov’t to Stabilise Dollar Rate and Tackle Black Market
The government has announced its intention to take decisive action this year to stabilise the…
Gov Allocates 25% of Women’s Business Loans to Special Needs Individuals
During the “Ahaa” public forum held on January 25, Economic Minister Mohamed Saeed revealed that…
MMA Survey: Varied Economic Trends in Maldives for Q4 2023
The Maldives Monetary Authority (MMA) has released its comprehensive Quarterly Business Survey for the fourth…
China Emerges as Top Importer in Maldives, with Thailand Leading in Exports
According to recent data from the Maldives Customs Service, China was identified as the largest…
STELCO to Power Five Islands Using Battery Technology
State Electric Company Limited (STELCO) has unveiled its strategy to introduce battery-powered electricity to at…