LATEST ARTICLES
World Bank Warns of Mounting Fiscal Risks in Maldives Amid Tourism-Driven Economy
The World Bank’s South Asia Development Update (October 2025) places the Maldives’ economic outlook in sharp relief against its regional peers, noting...
SIMDI Group Appoints Woodlane Pvt. Ltd. as Exclusive Sub-Distributor for Fuvahmulah
SIMDI Group has signed a sub-distributorship agreement with Woodlane Pvt. Ltd., appointing the company as the exclusive sub-distributor for Fuvahmulah.
Gov’t Expands Power to Award Contracts Without Open Bidding
The government has amended the Public Finance Regulation to allow the awarding of all government contracts without a competitive bidding process, provided...
Veligandu Maldives Resort Island Achieves Eight Hours of Clean Energy Daily
Veligandu Maldives Resort Island has successfully completed its Solar Energy Initiative, marking a major step towards sustainable island operations. Following two weeks...
Gov’t Invites Bids to Develop Resorts in Hankede and Nalandhoo
The government has opened investment opportunities for the development and operation of tourist resorts in Hankede, Addu City, and Nalandhoo, Shaviyani Atoll,...
