State-Owned Enterprises: Strategic Assets or Economic Burdens?
Within the span of a week, President Dr. Mohamed Muizzu established two new state-owned enterprises (SOEs), aiming to address financial and infrastructural needs. However, these moves stand in stark contrast to his earlier efforts to reduce the SOE footprint through mergers and dissolutions. As the number of state-owned entities continues to grow, so do questions about their...
Maldives Reaffirms Commitment to Workers’ Rights and Social Justice at ILO Conference
The Minister of Higher Education, Labour and Skills Development, Dr Ali Haidar Ahmed, has reaffirmed the Maldives’ firm commitment to protecting workers’ rights, promoting social justice, and fostering a sustainable and inclusive labour market.
Speaking at the 113th International Labour Organization (ILO) Conference, Dr Haidar outlined the government’s continued efforts to align national policies...
Maldives and China Sign Agreement to Begin Design of Vilimale’ Friendship Hospital
The Ministry of Construction, Housing and Infrastructure has signed an agreement with the Government of China to commence the design phase of the China-Maldives Friendship Hospital in Vilimale’.
The agreement was formalised on Wednesday through a Letter of Exchange signed by Construction Minister Abdulla Muthalib and the Chinese Ambassador to the Maldives, Kong Xianhua.
Dhiraagu Announces Exciting Offers for Prepaid Customers For Eid
Dhiraagu has unveiled a set of limited-time offers designed to give Prepaid customers more value, more data, and more reasons to celebrate for Eid-ul Adha.
The company said these special promotions are available to both existing and new Dhiraagu Prepaid users, offering generous bonus data tailored to meet all browsing, streaming, and social media...
Climate and Plastic Pollution Threaten Maldivian Children, Warns Minister and UNICEF Rep
Marking World Environment Day 2025, Minister of Tourism and Environment Thoriq Ibrahim and UNICEF Representative to the Maldives, Dr Edward Addai, issued a powerful joint statement warning that the climate crisis is no longer a distant threat — it is an immediate and lived reality for children in the Maldives.
“It affects every aspect...
Tourism at the Heart of Maldives’ Economic Resilience
The latest Macroeconomic Update from the Ministry of Finance & Planning reinforces a long-standing truth: tourism remains the lifeblood of the nation’s economy. Despite emerging challenges in global markets and regional competitors, the Maldivian tourism sector has shown resilience and adaptability, albeit with growing complexity and caveats that demand strategic attention.
Tourism’s Economic...
Maldivian to Operate 111 Flights Ahead of Eid-ul-Adha Holidays
National carrier Maldivian has announced the operation of 111 flights in the lead-up to the Eid-ul-Adha holidays, significantly boosting connectivity across the country during the busy travel period.
Island Aviation Services, which operates the airline, confirmed that flights to all 17 domestic destinations have been extended from 1 to 9 May to meet increased...
Perceived Overcharging Addressed as STELCO Cites Ramadan Discount
State Electric Company Limited (STELCO) has clarified that the apparent consistency in electricity bills between March and April 2025 stems from the continued application of Ramadan discounts, following public concerns over perceived overcharging despite recent tariff reductions.
The revised electricity tariff structure took effect on 1 June, maintaining the general subsidy for all consumers....
MACL Urges Early Arrival at Velana International Airport Amid High Travel Volume
The Maldives Airports Company Limited (MACL) has advised all passengers travelling through Velana International Airport (VIA) to arrive early, citing increased congestion caused by ongoing roadworks and a sharp rise in outbound travel ahead of the Eid holidays and the Hajj pilgrimage.
In a public advisory issued on X, MACL noted that passenger traffic...
Strong Tourism Revenue Drives Fiscal Surplus, But Development Spending Lags Behind
The Maldives’ fiscal position appears stable, with the Ministry of Finance reporting a surplus of MVR 1,223.6 million as of 29 May 2025, reinforced by strong revenue generation—particularly from the tourism sector. However, the government’s subdued development spending raises concerns about the timely execution of its infrastructure commitments.
Tourism Revenue Leads, Recurrent Expenditure...
MTCC’s Profit Plunges in 2024 Despite Ongoing Project Commitments
Maldives Transport and Contracting Company (MTCC) has reported a steep drop in profitability for 2024, raising concerns about the company’s financial trajectory despite its continued involvement in infrastructure and transport projects across the country.
Financial Performance: Revenue Down, Profits Halved
MTCC’s financial results for in its Annual Report 2024, published...
HDC Confirms Transfer of ‘The Gardens’ Project to Rasheed Carpentry and Construction
Housing Development Corporation (HDC) confirmed yesterday that it had handed over “The Gardens” residential project in Hulhumale’ to Rasheed Carpentry and Construction (RCC).
However, the corporation did not provide any additional details regarding the transfer of the project.
On January 27, HDC had issued a 45-day ultimatum to JAAH Investments to...
Ooredoo Introduces New Offers for Eid Al-Adha Celebrations
Ooredoo Maldives has unveiled a range of exclusive offers to mark Eid Al-Adha, aimed at enhancing digital connectivity and fostering festive sharing among its nationwide customer base.
The company said the seasonal promotions feature generous data bundles, dedicated gaming add-ons, and special bonuses—reflecting Ooredoo’s continued commitment to supporting meaningful connections during important moments.
MMA Reaffirms Commitment to Transparent Licensing Amid Unverified Claims
The Maldives Monetary Authority (MMA) has confirmed that it recently issued pre-operational permits to two parties in full compliance with established regulations. The statement came in response to unverified reports circulating in the media, which suggested that the permits were granted unlawfully and in a manner inconsistent with MMA’s procedures.
In a press release...
Maldives and Japan Sign Grant Agreement to Continue HR Development Scholarships
The Governments of the Maldives and Japan have signed an Exchange of Notes to formalise a grant of 194 million Japanese Yen (approximately USD 1.3 million) to support the continuation of scholarship opportunities for Maldivian students under the Japanese Project for Human Resource Development Scholarship (JDS) in 2025.
The agreement was signed at a...
Maldives Welcomes Australia’s First-Ever High Commission
The government of Australia has officially opened its first-ever High Commission in the Maldives, marking a significant milestone in diplomatic relations between the two countries.
The High Commission was inaugurated yesterday, during a ceremony held at Jen Maldives by Shangri-La. The event was attended by Australia’s Deputy Prime Minister and Minister for Defence Richard...
UN Elects Maldives as Vice President for 80th General Assembly Session
The Maldives has been elected to serve as one of the Vice Presidents of the 80th session of the United Nations General Assembly (UNGA), which will be held from September 2025 to September 2026.
The election took place on Monday, 2 June, at the UN Headquarters in New York. The Maldives was selected alongside...
Dhiraagu Unveils Exclusive Eid al-Adha Offers with Exciting Prizes and Perks
In celebration of Eid al-Adha, Dhiraagu has launched a special series of promotional offers designed to bring families and friends closer through enhanced connectivity and attractive rewards. The announcement was made at a press conference held yesterday, where the company revealed limited-time deals for both mobile and broadband customers.
Hassan Sharih Adam, Manager of...
Maldives Immigration to Offer Passport and Limited Visa Services During Holidays
Maldives Immigration has announced that it will continue providing passport services and limited visa support during the Hajj and Eid al-Adha holidays, from 5 to 9 June 2025. The public is advised to avoid last-minute passport renewals to prevent travel disruptions.
Passport applications can be submitted at any time through the Imuga portal, which...
Ooredoo Maldives Opens Registration for Fun Run 2025 in Addu City
Ooredoo Maldives has officially opened registrations for the highly anticipated Ooredoo Fun Run 2025, set to take place on 27th June 2025 in the scenic setting of Addu City – Maradhoo. Branded as “The Happiest Run in the Maldives,” the event promises a vibrant day of color, movement, and community celebration.
The company notes...
“This Legislation is an Investment in a Healthier Future,” – UNICEF on Maldives’ Tobacco Ban
UNICEF has extended its congratulations to the Maldivian government for taking what it calls a bold and visionary step. “This legislation is not just about regulating tobacco—it’s about investing in a healthier, safer, and more sustainable future for every child and young person in the Maldives,” the organization said in a public statement following the ratification of...
Printlab Celebrates 16 Years of Innovation and Partnership in the Printing Industry
Printlab Pvt Ltd proudly marks its 16th anniversary this year, celebrating over a decade and a half of innovation, excellence, and partnership in the Maldivian printing industry. Since its founding in 2009, the company has grown to become a trusted name in large-format digital printing, serving businesses and organisations across Malé and the local islands.
Government Launches Second Phase of “Fashaa Madhadhu Loan” to Empower More Women Entrepreneurs
The Ministry of Social and Family Development has announced the opening of applications for the second phase of the “Fashaa Madhadhu Loan” – a specialised financing initiative designed to support women entrepreneurs in the Maldives. Developed in partnership with the Ministry of Economic Development and Trade and the SME Development Finance Corporation (SDFC), applications for this phase...
Prime Minister Modi May Visit Maldives for Independence Day Celebrations
Indian Prime Minister Narendra Modi is reportedly considering a visit to the Maldives next month, coinciding with the Maldives’ Independence Day celebrations. According to The Times of India, Modi is favourably reviewing an invitation extended by the current Maldivian administration.
The Maldives celebrates its Independence Day on July 26.
Should the...
LATEST ARTICLES
State-Owned Enterprises: Strategic Assets or Economic Burdens?
Within the span of a week, President Dr. Mohamed Muizzu established two new state-owned enterprises (SOEs), aiming to address financial and infrastructural...
Maldives Reaffirms Commitment to Workers’ Rights and Social Justice at ILO Conference
The Minister of Higher Education, Labour and Skills Development, Dr Ali Haidar Ahmed, has reaffirmed the Maldives’ firm commitment to protecting workers’...
Maldives and China Sign Agreement to Begin Design of Vilimale’ Friendship Hospital
The Ministry of Construction, Housing and Infrastructure has signed an agreement with the Government of China to commence the design phase of...
Dhiraagu Announces Exciting Offers for Prepaid Customers For Eid
Dhiraagu has unveiled a set of limited-time offers designed to give Prepaid customers more value, more data, and more reasons to celebrate...
Climate and Plastic Pollution Threaten Maldivian Children, Warns Minister and UNICEF Rep
Marking World Environment Day 2025, Minister of Tourism and Environment Thoriq Ibrahim and UNICEF Representative to the Maldives, Dr Edward Addai, issued...
