STO’s 2025 Annual Report Show Growth Beyond Fuel Business
State Trading Organization plc recorded a modest increase in profit in 2025 despite a slight…
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Maldives Takes Centre Stage in Indian Ocean Tuna Talks
The Maldives’ role in regional fisheries management is set to come into sharper focus as…
Maldives Economy Expanded 6.3 Percent in 2025, MMA Says
The Maldivian economy entered 2026 with stronger headline indicators, but the Maldives Monetary Authority’s Annual…
BML Announces New Controls on Foreign Currency Card Use and TT Transactions
Bank of Maldives has announced a series of changes to its foreign currency processes, aimed…
Manjula Herath
Country Manager, Bank of Ceylon Maldives
Former PCB President Mohamed Anas Appointed MIFCO Managing Director
Former Privatization and Corporatization Board President Mohamed Anas has been appointed Managing Director and Chief…
President Calls for Wider Employment Access in Workers’ Day Message
President Dr Mohamed Muizzu has said the Government is seeking to expand skills training, regulate…
Press Freedom in Maldives Faces Fresh Scrutiny
The police raid on Adhadhu’s newsroom has brought the Maldives’ press freedom debate into a…
BML Signs MoU with Singapore Management University to Expand Staff Development
Bank of Maldives has signed a Memorandum of Understanding with Singapore Management University to expand…
Over 2,500 Maldives-Bound Containers Stranded in Sri Lanka Expected Next Week
More than 2,500 containers of goods bound for the Maldives are expected to be brought…
MACL Cuts Jet Fuel Price Following Government Discussions
Maldives Airports Company Limited has reduced the price of jet fuel at Velana International Airport…
Subsidised Fuel for Fishermen Now Available Across 13 Locations
Subsidised fuel for fishermen is now available in 13 locations across the Maldives, as the…
Maldives Begins Work on National Fuel Reserve Amid Middle East Tensions
The Maldives has begun work to establish a national fuel reserve as the government continues…
14 New Cabinet Members Confirmed by Parliament
Parliament has approved the 14 newly appointed Cabinet members following a vote held during today’s…
Visa Exemption for Maldivians Travelling to Azerbaijan Comes into Effect
Travel between the Maldives and Azerbaijan has become more accessible as a new visa exemption…
Air Quality Tracking to Expand with New Stations in Greater Malé Area
Air quality monitoring efforts are being expanded in the Malé region, where worsening haze conditions…
Government Expands RSW Loan Scheme as USD 3.44 Million Disbursed to Fishing Vessels
Efforts to modernise the Maldives’ fisheries sector have gained traction as millions of dollars in…
Gov’t Seeks MVR 2.6 Billion Through New Treasury Bill Issuance
The government has opened subscriptions for a new series of Treasury Bills totalling more than…
Dr Ali Azwar Appointed STELCO Managing Director as Leadership Changes Continue
Dr Ali Azwar has been appointed Managing Director of the State Electric Company (STELCO), marking…
PayPal Integration Moves Closer as Government Pursues Digital Payments Access
Efforts to connect the Maldives to global digital payment systems are nearing a critical milestone,…
Maldives Engages India and Sri Lanka in Diplomatic Calls to Reinforce Bilateral Ties
The Maldives has moved to reinforce its regional partnerships through a series of high-level diplomatic…
Digital Summit Highlights Citizen-Led Approach to Maldives’ Transformation Agenda
A national push to digitise public services and governance took centre stage as the Maldives…
Fenaka Points to Heat and Usage Patterns as Power Bills Climb
Rising electricity bills across the Maldives are being driven by higher consumption linked to extreme…
MVR 3.3bn Settled to Local Vendors Over Six Months
President Dr Mohamed Muizzu said today that MVR 3.3 billion in outstanding dues have been…