STO Reports Strong Revenue Growth Amid Rising Costs and Market Pressures in Q1 2026
State Trading Organization (STO) delivered higher revenues and profits in the first quarter of 2026,…
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Maldives Promotes Fisheries Sector at Global Seafood Marketplace in Barcelona
The Maldives has used an international industry platform in Barcelona to position its fisheries sector…
Maldivian Expands Global Reach Through Partnership with Sri Lankan Airlines
Maldivian has moved to widen its international connectivity through a new partnership with Sri Lankan…
Hussain Shafeeq Named CEO, Managing Director of Maldives Ports Limited
Hussain Shafeeq has been appointed as Chief Executive Officer and Managing Director of Maldives Ports…
Dhiraagu to Conclude Speedboat Promotion with Final Draw in June
Dhiraagu is set to conclude its ongoing customer promotion with the announcement of the second…
Industry Briefing Assesses Impact of Middle East Air Route Disruptions
Tourism stakeholders are coordinating short-term responses to ongoing air corridor disruptions linked to instability in…
Maldives Highlights Inclusive Development Agenda at UNESCAP Session in Bangkok
The Maldives has positioned inclusive and age-responsive development as a central policy priority at the…
AutoSphere by The Hawks Launches in Hulhumalé with Focus on Professional Vehicle Servicing
A new entrant in the Maldives’ automotive sector is positioning itself around after-sales support as…
Lawmakers Support Marine Protection Measures While Raising Oversight Concerns
Parliament has moved a step closer to reshaping how the Maldives manages its marine resources,…
Gov’t Expands Subsidised Fuel Access for Fishing Vessels Amid Rising Costs
Fishing vessels operating in the Maldives will be able to purchase fuel at subsidised rates…
Flynas Set to Launch Riyadh–Maldives Route Next Month
Saudi Arabia’s low-cost carrier Flynas is set to begin flights to the Maldives next month,…
Maldives, India Move to Formalise Private Sector Engagement Through New Business Council
Efforts to deepen trade and investment ties between the Maldives and India are set to…
BML Reports Strong Q1 2026 Results Amid Rising Foreign Currency Pressures
Bank of Maldives has reported a strong financial performance for the first quarter of 2026,…
Gov’t to Introduce AI Regulation Bill Alongside Digital Reform Package
The government is preparing to introduce legislation to regulate the use of artificial intelligence, positioning…
Green Fund Accumulates MVR 3.6 Billion as Spending Lags Behind Collections
A Green Fund report published on 19 April 2026 by the Ministry of Finance and…
Cabinet Moves to Address Construction Material Shortages Linked to Middle East Tensions
The government is exploring alternative materials for coastal protection and harbour construction as supply constraints…
Dhiraagu Introduces Free 5G Router Offer for FDC Flat Residents
Dhiraagu has rolled out a limited-time offer targeting residents of Fahi Dhiriulhun Corporation (FDC) flats,…
Cabinet Committee Assures Fuel and Essential Goods Supply Amid Global Volatility
The government has moved to reassure markets and the public that supply chains for essential…
Maldives and UK Partner on Mangrove Protection Initiative
A joint initiative between the Maldives and the United Kingdom is underway to protect mangrove…
April Tourist Arrivals Fall 26% as Travel Disruptions Weigh on Maldives
Tourist arrivals to the Maldives declined sharply in April, reversing earlier gains in the year…
Combining Trade and Transport to Ease Logistics, Says Permanent Secretary
A shift in government structure that brings trade and transport under a single ministry is…
Increased Turkish Airlines Flights to Enhance Maldives Connectivity via Istanbul
An increase in flight frequency by Turkish Airlines is set to strengthen the Maldives’ connectivity…
Gov’t Orders 33% Workforce Reduction Across State-Owned Enterprises
A directive to significantly reduce staffing across state-owned enterprises marks one of the most stringent…
Gov’t Says Fuel Costs Not Passed On To Fishermen Amid Supply Concerns
The government has stated that it is absorbing rising fuel costs to shield fishermen from…