SriLankan Airlines Commences Operations from VIA’s New Terminal 1

SriLankan Airlines has commenced operations from the new passenger terminal, Terminal 1, at Velana International Airport, marking another step in the gradual transition of airlines to the upgraded facility.

A special ceremony was held at Terminal 1 to mark the start of the airline’s operations from the new terminal. The event was attended by the High Commissioner of Sri Lanka to the Maldives, Mohamed Rizvi Hassen, along with SriLankan Airlines Country Manager Nayomi Thenakoon and senior officials from Maldives Airports Company Limited (MACL).

As part of the opening, SriLankan Airlines’ check-in counters at Terminal 1 were officially opened. Gifts were presented to 115 departing passengers travelling on the airline, while a welcoming programme with cultural activities was organised for the 277 passengers arriving on flight UL101, the first SriLankan Airlines flight to operate from the new terminal.

SriLankan Airlines is the second Sri Lankan carrier to begin services from Terminal 1. The national carrier first started operating flights to the Maldives on 1 September 1979, maintaining a long-standing presence in the market.

With the addition of SriLankan Airlines, Terminal 1 is now serving 33 airlines. MACL has said its objective is to provide a high standard of service and facilities to all airlines operating to the Maldives as operations continue to expand at the new terminal.

Governance, The Missing Link in Maldivian Businesses

Every successful business begins with a vision. A cause to believe in or a clear purpose that defines where it wants to go and why it exists. Yet turning that vision into lasting success requires more than ambition. It demands structure, direction, and accountability. 

Just as a skilled captain steers a Dhoni through unpredictable seas, effective governance guides a business through economic uncertainty. While the owner defines the destination, strong governance anchored by a capable board and empowered leadership ensures the organization stays on course, makes informed decisions, and endures over time.

In today’s evolving corporate landscape, governance has moved beyond compliance to become the cornerstone of sustainable growth and stakeholder confidence. It bridges the gap between vision and execution, ensuring success built on integrity and long-term value.

Why Governance Matters

Many business owners wonder why they should implement governance when their company already seems to be running well. The reason is long-term sustainability. Effective governance adds structure, accountability, and transparency, enabling owners to concentrate on strategy while entrusting day-to-day operations to their executive teams. Directors serve as custodians of the company’s vision, helping ensure that decisions support long-term value rather than short-term wins. 

In essence, governance provides the framework for how an organization is led, managed, and held accountable clarifying who makes decisions, who carries them out, and who ensures compliance with legal and ethical standards. 

How Proper Governance Became  Necessity.

Governance surged to the forefront of global business discussions because real-world failures exposed its importance. Although the foundations were laid by early frameworks like the Cadbury Report (1992) and the UK Corporate Governance Code, it was the corporate scandals and financial crises of the 2000s that proved how vulnerable organizations can be without strong oversight. 

Companies didn’t collapse due to poor products, but they fell because of weak governance, complacent ownership, unchecked executive power, and boards that lacked true independence. High-profile failures such as Enron and WorldCom triggered major reforms like the Sarbanes-Oxley Act (2002), teaching the world a clear lesson that, robust governance isn’t optional but it’s essential for long-term stability and trust.

Governance Landscape of Maldives

In the Maldives, governance principles are embedded in the Companies Act No. 07/2023 and the Capital Market Development Authority (CMDA) Corporate Governance Code. 

Publicly listed companies must comply with the CMDA Code. State-owned enterprises are overseen under the Privatization and Corporatization Act 3/2013 and related governance frameworks. Banks and non banking financial institutions have to adhere to Banking Act and prudential guidelines of Maldives Monetary Authority, and while Capital Market participants are regulated by CMDA. 

Privately held companies must maintain Articles of Association compliant with the Companies Act, including board composition and director responsibilities, though they are not required to follow the CMDA governance Code.

Why This Matters Now

According to December 2021 issue of Maldives Economic Review, Dhivehi Rayyithunge Bodu Store was established in December 1942 under an Act of Parliament. Is also recognised as the first registered company in the Maldives. Hence, no privately held company has surpassed the 100-year milestone.

Studies show that only around 30% of family businesses successfully transition to the second generation, about 12% make it to the third, and a mere 3% continue into the fourth generation or beyond. These findings are widely recognised in global family-business research, including analysis by the Conway Center for Family Business and the Family Business Consulting Group.

Governance is no longer just a box to tick or a compliance exercise. It has become a genuinely important conversation in Maldivian business communities for three key reasons.

  • First-Generation Transition: Many first-generation entrepreneurs are approaching retirement, and without governance, succession becomes risky.
  • From Survival to Scale: To grow, attract investment, and compete regionally, companies need robust plans, KPIs, and strategic board guidance.
  • Upholding the Cause: Governance ensures organizations remain true to their founding vision and values as they expand.

As the Maldives enters a new era of private-sector maturity, governance will determine which businesses endure beyond the first generation.

Steering the Future

The businesses are more than a commercial venture, it is a legacy and a source of livelihoods. Without governance, even strong enterprises risk losing direction. The future of Maldivian enterprise will be defined not by size or profit, but by governance that transforms vision into enduring legacy. 

Crowe Maldives remains committed to partnering with organizations seeking stronger governance, clearer decision-making, and sustainable growth. We work closely with owners, boards, regulators, and the wider business community to deliver governance and advisory solutions that are compliant, practical, and aligned with evolving market expectations.

MACL Begins Familiarisation Training for Seaplane Counters at New Terminal

Maldives Airports Company Limited (MACL) has begun operational flow familiarisation training for seaplane check in counters at the newly inaugurated Terminal 1 at Velana International Airport, as part of efforts to prepare the facility for full seaplane operations.

In a post shared on social media, MACL said the trial was conducted to assess and validate end to end passenger handling and operational workflows at the new terminal. The training involved two airline operators, Flyme and Maldivian, both of which participated in testing the operational processes for seaplane passengers.

The introduction of dedicated seaplane counters at Terminal 1 aligns with the Maldives operating the largest seaplane network in the world. The new terminal includes 24 hour check in counters specifically allocated for seaplane operations, reflecting the sector’s importance to the country’s tourism industry.

At present, 33 airlines are operating from the new passenger terminal, which was officially inaugurated on 26 July this year. The terminal spans 72,000 square metres and has been designed to handle up to 7.5 million passengers annually.

Facilities at Terminal 1 include 12 passenger boarding bridges, 47 conventional check in counters, six self check in kiosks, and an advanced baggage handling system with real time tracking. MACL has been gradually transitioning operations to the new terminal as part of broader plans to modernise passenger processing and improve operational efficiency at Velana International Airport.

Maldives and China Hold Seventh Joint Meeting on Safety of Chinese Tourists

The seventh meeting of the Joint Meeting Mechanism to Deal with the Issue of Safety of Chinese Tourists in the Maldives was held in Malé, bringing together officials and industry stakeholders to review safety standards and coordination measures linked to Chinese visitor arrivals.

The meeting was co-chaired by Minister of State for Foreign Affairs Sheryna Abdul Samad, Ambassador of the People’s Republic of China to the Maldives Kong Xianhua, and Minister of State for Tourism and Environment Dr Abdulla Niyaz. Participants included representatives from government ministries, security agencies, healthcare institutions, aviation and transport companies, tourism associations, disaster management bodies, humanitarian organisations, and insurance providers, reflecting a broad, multi-stakeholder approach to visitor safety.

In her opening remarks, State Minister Sheryna highlighted the longstanding partnership between the Maldives and China, noting that tourism remains a central element of bilateral cooperation. She said China continues to be the Maldives’ largest source market, with more than 320,000 Chinese visitors recorded so far this year, a figure she said reflects a high level of confidence among Chinese travellers.

The State Minister pointed to the need for stronger preventive measures, stricter enforcement of safety standards, and closer coordination across government agencies and the tourism industry. Particular attention was drawn to safety practices related to water-based activities at tourism facilities. She called for the Joint Meeting Mechanism to function as a more results-focused platform, with clear responsibilities, accountability, and time-bound actions.

Sheryna said ensuring visitor safety is a shared responsibility of government authorities, tourism operators, and partners in China. She highlighted the importance of cooperation in areas such as regulation, inspections, traveller awareness, and insurance coverage, reaffirming the government’s commitment to reforms aimed at safeguarding Chinese visitors to the Maldives.

Ambassador Kong Xianhua thanked the Maldivian government for its continued cooperation and efforts to protect Chinese tourists, noting the value of sustained engagement through the joint mechanism.

Looking ahead, State Minister Sheryna said the Maldives is working with the Chinese Embassy and the Ministry of Tourism to organise a ministerial-level forum on tourism cooperation next year. The proposed forum is expected to address safety and security issues while also covering wider areas such as investment and tourism promotion.

The meeting concluded with a shared commitment to implement practical measures, strengthen safety awareness, and maintain a secure and welcoming environment for Chinese tourists.

The Joint Meeting Mechanism was established in 2014 as a bilateral platform to bring together key tourism stakeholders. It is held annually to review the implementation of safety protocols, improve inter-agency coordination, and identify policy gaps requiring attention.

Dhiraagu NetProtect Offers Added Layer of Protection Against Online Scams

As online scams continue to target internet users across the Maldives, Dhiraagu NetProtect remains available as a digital security service aimed at reducing exposure to common online threats.

The service is designed to protect users from unsafe SMS links, social media links, and phishing websites by issuing alerts before potentially harmful content is accessed. This allows customers to avoid scams, fraud, and other digital risks while browsing online. According to Dhiraagu, the service blocked more than nine million security threats in November alone, reflecting the scale of online risks faced by users.

Dhiraagu NetProtect operates using AI-driven security technology that is continuously updated with real-time threat intelligence. This enables the system to identify emerging risks and provide ongoing protection without requiring users to install additional software or applications on their devices.

The service also offers features aimed at supporting online safety for children. Parents and guardians can use NetProtect to identify and block unsafe websites, set time limits for access to specific sites, and restrict internet usage during selected periods.

Dhiraagu mobile customers can access NetProtect for a monthly fee of MVR 35, while fixed broadband customers are charged MVR 50 per month. Activation can be completed through the DhiraaguApp, and the service can be customised based on individual needs.

Dhiraagu has stated that it continues to focus on providing digital solutions that address everyday online risks, alongside broader efforts to support safer internet use across the country.

37 Businesses Shut Down as Gov’t Intensifies Crackdown on Illegal Expatriate Operations

The Ministry of Economic Development and Trade has ordered the closure of 37 businesses as part of a nationwide crackdown on illegal expatriate run enterprises, signalling a renewed push to enforce compliance with economic and immigration laws.

The enforcement drive is being carried out by the National Taskforce on Combating Illegal Expatriate Operations and Businesses, which brings together officials from the economic and homeland security sectors, alongside the Maldives Police Service and immigration authorities.

According to the ministry, enforcement activity has increased markedly in recent weeks. Between late November and mid December, authorities received 252 public reports and carried out inspections at 98 business establishments across the country. Most of the closures were linked to violations of economic regulations, while a smaller number involved breaches of other applicable laws. Eight businesses were later permitted to resume operations after addressing the issues identified during inspections.

The ministry said the campaign is focused on two common forms of malpractice. These include the use of Maldivian citizens as proxy owners to circumvent legal ownership requirements, and expatriates operating businesses in 34 sectors that are legally reserved for Maldivian nationals.

Officials said investigative agencies are working closely with ministry teams to uncover concealed business arrangements that breach the Foreign Investment Act. The ministry also stressed the importance of public cooperation, encouraging citizens to report suspected illegal activity through designated hotlines, the ministry’s website, or the Immigration Watch platform.

The ministry acknowledged the role played by the public in supporting enforcement efforts, noting that community reporting has been key to identifying unlawful operations and strengthening regulatory oversight nationwide.

Subsidies Drive Spending as Maldives’ Fiscal Deficit Narrows in Latest Weekly Update

The Maldives recorded a fiscal deficit of MVR 1.9 billion as of 11 December 2025, according to the Ministry of Finance and Planning’s latest Weekly Fiscal Developments report, with higher subsidy spending offsetting steady gains in revenue.

Cumulative revenue and grants for the year reached MVR 36.0 billion, driven largely by tax receipts, which accounted for the bulk of government income. Tourism Goods and Services Tax remained the single largest contributor, reflecting the continued importance of tourism to state finances. Overall tax revenues stood at MVR 26.9 billion, while non tax revenues amounted to MVR 8.8 billion.

On the expenditure side, cumulative spending totalled MVR 37.9 billion, with recurrent expenditure continuing to dominate government outlays. Salaries, wages, and pensions reached MVR 13.4 billion, while administrative and operational expenses stood at MVR 19.2 billion. A notable increase during the week came from subsidies, which rose to MVR 3.4 billion, contributing significantly to the latest uptick in expenditure.

Capital expenditure remained subdued at MVR 5.4 billion, well below the approved allocation. Spending on infrastructure assets, including roads, bridges, airports, and other public works, reached MVR 4.8 billion, suggesting slower than planned execution of major development projects as the year draws to a close.

Despite the overall deficit, the government recorded a primary surplus of MVR 2.5 billion, meaning revenues exceeded expenditures when financing and interest costs are excluded. However, financing and interest payments amounted to MVR 4.4 billion, continuing to weigh on the overall fiscal position.

The report also shows continued transfers to the Sovereign Development Fund, which reached MVR 2.4 billion, alongside loan repayments of MVR 5.1 billion. Public sector investment spending stood at MVR 7.3 billion, with transport related projects accounting for the largest share, followed by environmental protection and housing related expenditure.

Taken together, the latest figures point to relatively stable revenue performance but persistent structural pressures on spending, particularly from subsidies and financing costs. With capital expenditure lagging behind projections, questions remain over the pace of project implementation and how fiscal priorities will be managed heading into the final weeks of the year.

Singapore Airlines Becomes 32nd Carrier to Operate from VIA’s Terminal 1

Velana International Airport’s Terminal 1 is now serving 32 airlines, with Singapore Airlines becoming the latest carrier to begin operations from the new terminal, according to Maldives Airports Company Limited.

A special ceremony was held at the airport to mark Singapore Airlines’ move to Terminal 1, during which the airline’s check in counters were officially opened. As part of the event, 205 departing passengers received gifts, while 244 arriving passengers on the first Singapore Airlines flight to use the terminal were welcomed with cultural performances.

The inaugural Singapore Airlines service operating from Terminal 1 was flown using an Airbus A350, marking the first time the aircraft type has been received at the terminal.

Data from the Ministry of Tourism’s latest Weekly Tourism Update shows that a total of 35 airlines currently operate flights to the Maldives. With 32 of these airlines now using Terminal 1, MACL said the airport operator is focused on delivering high quality and comprehensive services to carriers operating from the new facility.

The continued transition of airlines to Terminal 1 reflects the airport’s ongoing efforts to accommodate growing traffic and improve the passenger experience at the country’s main international gateway.

Ooredoo Maldives to Host Fun Run Kids Evening at Central Park Ahead of 2025 Event

Ooredoo Maldives has announced a dedicated Kids Evening as part of its Fun Run 2025 festivities, with the event scheduled to take place on 18 December at Central Park in Hulhumalé.

The pre-event celebration will run from 4:00 pm to 6:00 pm and is designed for children and families, offering an afternoon of games, entertainment, and interactive activities in a family-friendly setting. The initiative forms part of Ooredoo’s broader community engagement around the annual Fun Run, which attracts large participation each year.

According to the company, the Kids Evening will feature a range of activities where children can play, take part in friendly competitions, and win prizes. The Free Flying Association is also set to take part, showcasing Macaw birds during the event, while the popular RoboMan character will be present for interactive sessions and photo opportunities.

Ooredoo said the event aims to create a safe and vibrant space for families, offering children an enjoyable lead up to the main Fun Run 2025 activities. The Kids Evening is free and open to the public, with families encouraged to attend and take part in the celebrations at Central Park.

STO Launches Ramazan Bazaar 2026 with MVR 100,000 Grand Prize

STO General Trading has launched its Ramazan Bazaar 2026 promotion, offering discounts on household items and a chance for customers to win a cash prize of MVR 100,000. The annual promotion, organised ahead of the holy month of Ramadan, officially began following a ceremony held at STO People’s Choice on the night of 15 December 2025.

The launch event was attended by Chairman of the Housing Development Corporation and former Managing Director of STO, Ahmed Shaheer. STO said the Ramazan Bazaar forms part of its long standing practice of introducing special sales and promotions during Ramadan across its business segments.

The promotion will run until 18 March 2026 and will feature discounts of up to 50 percent on selected home appliances. STO said the offers are aimed at supporting households as they prepare for Ramadan by making essential items more affordable.

Customers who spend MVR 500 or more during the promotional period will receive a digital coupon. Each week, one customer from among those who receive coupons will be selected to win a gift hamper. At the end of the promotion, a lucky draw will be held, with one customer set to receive the grand prize of MVR 100,000 in cash.

The Ramazan Bazaar 2026 will take place at STO People’s Choice, the Villimale’ shop, and 11 regional outlets across the country. STO General Trading said the promotion continues to receive strong public support each year, reflecting demand for discounted household goods during the Ramadan period.

Vice President Highlights 60 Years of Maldives–UK Diplomatic Relations

Vice President Uz Hussain Mohamed Latheef has described the Maldives’ relationship with the United Kingdom as one built on mutual trust, long standing friendship, and a shared commitment to global peace and stability.

He made the remarks at an official reception hosted by the British High Commission in Malé to mark the birthday of His Majesty King Charles III. In his address, the Vice President conveyed greetings and best wishes to the King on behalf of President Dr Mohamed Muizzu.

The Vice President also referred to King Charles III’s interest in environmental protection, sustainable development, and the preservation of cultural heritage, noting that these priorities align closely with the Maldives’ own national interests. He said such values have encouraged international cooperation in addressing shared environmental concerns.

He noted that this year marks the 60th anniversary of diplomatic relations between the Maldives and the United Kingdom, describing the partnership as one that has continued to develop through regular high level engagement. He referred to recent interactions, including President Dr Muizzu’s visit to the United Kingdom, the President’s private audience with the King, and the Vice President’s meeting with His Majesty during the 27th Commonwealth Heads of Government Meeting last year.

The Vice President also expressed appreciation to the UK Government for handing over the original chairs used during the signing of the Maldives’ Independence Agreement in 1965, describing the gesture as symbolic of the historical ties between the two countries.

He concluded by reaffirming the Government’s intention to further strengthen cooperation with the United Kingdom in support of shared prosperity, security, and sustainable development.

China’s NPC Vice Chairman Pays Courtesy Call on President Muizzu

Vice Chairman of the Standing Committee of the 14th National People’s Congress of the People’s Republic of China, His Excellency Wang Dongming, paid a courtesy call on President Dr Mohamed Muizzu yesterday at the President’s Office.

During the meeting, President Dr Muizzu conveyed his appreciation to President Xi Jinping for China’s continued support, noting that Chinese assistance has contributed to the Maldives’ economic and social development. He reiterated the Government’s intention to further strengthen bilateral relations across a range of sectors, describing the partnership as one built on long standing ties and mutual trust. The President also referred to China’s role in supporting key development initiatives, including major infrastructure projects.

Discussions focused on advancing Maldives–China relations and identifying new areas of cooperation, while maintaining momentum in existing partnerships. Areas highlighted included housing and infrastructure development, fisheries and agriculture, tourism, connectivity, information technology, and trade. Both sides also reviewed the progress of projects linked to Memoranda of Understanding and agreements signed during President Dr Muizzu’s visits to China, expressing satisfaction with the pace of implementation.

Vice Chairman Wang Dongming noted the friendly relations between the two countries and said these ties had been further strengthened through high level exchanges. He stated that the delegation’s visit was aimed at deepening cooperation in ways that would benefit both countries and their peoples. He also reaffirmed China’s support for the Maldives’ development priorities and for the implementation of the comprehensive strategic partnership.

The meeting concluded with both sides reaffirming their commitment to strengthening Maldives–China relations and pursuing cooperation that delivers practical outcomes. Vice Chairman Wang was accompanied by a senior delegation from the National People’s Congress of China.

Villa College Online MBA Makes QS Rankings First for Maldives

Villa College’s Online MBA programme has been recognised in the QS Online MBA Rankings 2026, marking the first time a Maldivian institution has appeared in the global rankings for online business education. The programme is listed among 150 online MBAs worldwide, placing Villa College alongside established international business schools.

The ranking represents a significant moment for higher education in the Maldives, signalling that globally benchmarked business education can be delivered from within the country while remaining accessible to working professionals across the region.

Villa College recorded its strongest performance in the Class Experience indicator, where it was ranked first globally. This measure assesses the quality of the online learning environment, including access to course materials, live classes, technical support, learning platforms, and opportunities for interaction and consultation. The ranking is informed by feedback from tens of thousands of academics and employers worldwide.

The institution also ranked twelfth in the Asia-Pacific region for Faculty and Teaching. This category evaluates academic reputation, faculty to student ratios, and course completion rates. Villa College said the result reflects the strength of its academic staff, many of whom combine teaching with professional experience, allowing course content to be linked closely to real world business challenges.

Designed for working professionals, the Online MBA programme combines live online classes with interactive discussions, simulations, and mobile access to learning tools. Villa College noted that the structure allows students to balance studies with professional and personal commitments while applying learning directly to their workplaces.

The QS recognition also forms part of Villa College’s wider engagement with international benchmarking frameworks. The institution has previously participated in QS Star Ratings, receiving a five-star rating in areas including Online Learning, Environmental Impact, and Employability. Villa College has also been included in the Times Higher Education Impact Rankings 2025, where it scored above the global average across all assessed Sustainable Development Goals and ranked within the top 25 percent globally for several categories, including Quality Education and Gender Equality.

According to Villa College, the QS Online MBA ranking supports its long-term objective of offering internationally recognised qualifications that remain relevant to local and regional business contexts. The institution said it plans to continue strengthening global partnerships, industry alignment, and employability outcomes as part of further development of the programme.

Ooredoo Maldives Introduces New Roaming Data Add-Ons for Travellers

Ooredoo Maldives has launched a new range of roaming data add-ons for both prepaid and postpaid customers, expanding options for Maldivians travelling abroad. The new packs are available through the Ooredoo App and are intended to offer more flexible and predictable data usage while overseas.

The roaming data add-ons include day passes as well as two-week and four-week packs, covering a range of popular travel destinations. The new plans allow customers to select options that better match the length of their trips and their expected data needs, with transparent pricing and real-time usage tracking through the app.

For postpaid customers, roaming data add-ons are available across more than 35 countries. Packages range from a 1GB day pass priced at MVR 99 to a 5GB pack valid for four weeks priced at MVR 750. Other options include 2GB and 4GB packs with validity periods of up to four weeks, providing a wider set of choices depending on travel duration.

Prepaid customers can access roaming data add-ons in over 13 countries, including a 1GB day pass and a 2GB pack valid for two weeks. The company said these packs are designed for travellers who need connectivity for work, navigation, communication, and sharing updates while abroad.

All roaming data add-ons can be activated instantly through the Ooredoo App, allowing customers to arrange their data plans either before departure or upon arrival at their destination. Ooredoo Maldives said this approach is aimed at making it easier for both leisure and business travellers to stay connected while overseas.

Dharavandhoo Airport Terminal Expansion Moves Into Design Stage

Island Aviation Services Ltd has signed a consultancy agreement to begin design and advisory work for the expansion of the passenger terminal at Dharavandhoo Airport, marking the formal start of the project.

The agreement was signed with Epoch Associates Pvt. Ltd and covers both improvements to the existing terminal and the design of a new terminal extension. The work is intended to improve passenger flow, operational functionality, and the overall airport experience as traffic through the airport continues to grow.

Under the consultancy scope, the project will address capacity and layout requirements, including expanded arrival facilities, upgraded check in and baggage handling areas, reconfigured interior spaces, refreshed internal finishes, and the addition of new passenger amenities. The terminal extension is also planned to include a passenger lounge, additional departure gates, operational and support areas, baby care facilities, outdoor spaces, and landscaping.

Dharavandhoo Airport operates throughout the day and serves as a key gateway to Baa Atoll, supporting both tourism related travel and regular local movement. Passenger activity remains steady due to nearby resorts, guesthouses, and marine attractions, alongside daily travel by residents. Maldivian currently operates daily scheduled flights between Velana International Airport and Dharavandhoo, with further connectivity to Maafaru International Airport and other domestic destinations.

With sustained passenger numbers and increasing operational demands, the terminal expansion is aimed at enhancing capacity and improving passenger comfort while supporting more efficient airport operations. The project aligns with broader government efforts to upgrade airport infrastructure and reflects Island Aviation Services Ltd’s focus on meeting rising passenger and operational needs.

New Regulation Sets Out Requirements for Immigrant Workers and Employers

The Ministry for Homeland Security and Technology published the Regulation for Immigrant Workers in the Maldives today.

The regulation, formulated under the Employment Act, sets out the rights, obligations and conduct expected of immigrant workers while in the Maldives, along with the responsibilities of employers and other related policy matters.

This regulation takes effect from the date of its publication, although certain articles specify separate implementation dates. With this publication, the previous Regulation on the Employment of Expatriates in the Maldives is rendered void.

Use of the Expat System

Under the regulation, all communication related to permits and procedures for bringing immigrant workers to the Maldives must be carried out through the Expat system operated by the Ministry for Homeland Security and Technology. The system must be used in accordance with Appendix 1 of the regulation, which outlines procedures for registering immigrant workers and using the ministry’s system.

Only verified eFaas users may access the system. Representatives handling matters on behalf of employers or workers must be over 18 and of sound mind. Where a private citizen brings in an immigrant worker, the individual must be a Maldivian citizen.

Private citizens may register up to five immigrant workers under their name and appoint a maximum of two representatives. Representatives’ actions through the system will be considered actions of the employer, unless they exceed authorised permissions. In such cases, the ministry may refer the matter to the police.

Permits and Worksite Registration

The regulation states that employers are responsible for fulfilling all requirements before bringing immigrant workers to the Maldives. These include registering the worksite, obtaining a quota and securing a work permit.

Worksites may include businesses on inhabited or uninhabited islands, online or virtual business locations, marine vessels used for commercial purposes, and households. Foreign workers may not work at an unregistered or voided worksite.

If a worker changes location, the employer must inform the ministry. The ministry has the authority to inspect worksites, with or without prior notice, and may take legal action if false information is provided.

Quota and Work Permits

Employers must obtain a quota for immigrant workers through the Expat system. The regulation states that bringing workers into the Maldives without a quota, or transferring workers between businesses without informing the ministry, is illegal.

Quotas are issued under permanent or project categories. A fee of MVR 2,000 per worker is required for a 12-month period.

Each immigrant worker may hold only one work permit. For non-professional or unskilled categories, work permits may be issued for up to 10 years. The regulation lists multiple grounds for cancelling a work permit, including employer changes, violations of the regulation, court orders, prolonged absence from the Maldives, or incomplete or false documentation.

According to Article 26 of Appendix 2, which outlines the policy for issuing quotas for immigrant workers, quotas cannot be granted for certain categories of foreign workers. These include taxi drivers or other fare-collecting land vehicle drivers, co-pilots or first officers for airplanes, marine vessel captains, roles in photography, videography, or related fields, positions in the entertainment sector, and cashiers at establishments selling fruits, vegetables, and other food items, as specified under the Regulation on Business Activity in Selling Food Items.

The policy also establishes time limits for quotas in other categories. Quotas for hairdressers, beauticians, babysitters, personal trainers, electricians, guest relations officers (English), tour guides, accountants, and imams must be cancelled after two years. Quotas for divers, nurses, building inspectors, surveyors, site supervisors, pilots, and photographers must be cancelled after three years. Electrical engineers and dive instructors fall under a four-year limit, while housekeeping managers, human resources managers, front office managers, and primary and secondary teachers have a five-year limit. Quotas issued under these categories must be cancelled once the specified time periods are reached.

Additional Provisions

The regulation also includes chapters on security deposits, employer responsibilities towards immigrant workers, enforcement actions, inspection and monitoring, and determining the number of immigrant workers and permitted work areas.

Ten appendices accompany the regulation, covering policies on worksite registration, quota allocation and fees, work permits, security deposits, accommodation standards, and procedures for cases involving absconding or illegal activities by immigrant workers.

Maldives Reaffirms Commitment to OACPS at Brussels Meeting

The Ambassador of the Republic of Maldives to the Kingdom of Belgium, Geela Ali, represented the Minister of Foreign Affairs, Dr Abdulla Khaleel, at the 120th session of the Council of Ministers of the Organization of African, Caribbean and Pacific States, held in Brussels from 12 to 14 December 2025.

The meeting brought together ministers and senior representatives from member states to review the work of the organisation and discuss cooperation priorities among African, Caribbean and Pacific countries.

During the session, Ambassador Geela acknowledged the progress achieved under the leadership of OACPS Secretary General Moussa Salef-Batraki, particularly in relation to restructuring the organisation’s secretariat, advancing trade-related initiatives, and promoting sustainable development across member states.

She also reaffirmed the Maldives’ commitment to strengthening its engagement with the organisation and supporting efforts aimed at ensuring inclusive and sustainable development for all member states.

The Organization of African, Caribbean and Pacific States was established in 1975 under the Georgetown Agreement and serves as a platform for cooperation among its members and with partners, including the European Union. The Maldives became a full member of the OACPS on 9 December 2022 and has since been working alongside other members to address shared global challenges.

Why the December Data Points Away from a 2.3 Million Finish

With just over two weeks remaining in the year, the Maldives faces a narrowing window to reach the government’s target of 2.3 million tourist arrivals, based on the latest data released by the Ministry of Tourism and Environment.

As of 13 December, total arrivals for 2025 stood at 2,106,122. This leaves a shortfall of approximately 193,900 visitors to meet the 2.3 million target before year-end. The arithmetic now places December at the centre of the debate over whether the goal remains realistic.

During the first 13 days of December, the Maldives recorded 84,061 arrivals, averaging around 6,460 tourists per day. While this represents a 12.6 percent increase compared to the same period last year, the pace falls well below what would be required to close the remaining gap.

To reach 2.3 million arrivals, the Maldives would need to attract nearly 194,000 visitors over the remaining 18 days of December. That would require average daily arrivals of roughly 10,800 tourists, significantly higher than both the current December average and the daily averages seen throughout most of 2025.

For context, the overall daily average for arrivals this year stands at just over 6,000 visitors. Even during stronger months such as January and February, daily inflows did not approach the level now required to meet the year-end target. This suggests that, barring an unusually sharp surge in arrivals during the final weeks of December, the numbers may fall short.

December is traditionally one of the strongest months for Maldivian tourism, driven by winter travel from Europe and holiday-season demand. However, the partial data so far does not indicate a spike of the magnitude needed. While last-minute bookings and festive travel could still lift figures, the gap between current trends and the required pace remains wide.

This does not diminish the broader performance of the tourism sector in 2025. Arrivals are already more than 10 percent higher than last year, and the Maldives has surpassed the 2.1 million mark earlier than in previous years. The question now is less about growth, and more about whether headline targets were set with sufficient regard to capacity, seasonality, and realistic daily throughput.

As December progresses, the final outcome will become clearer. For now, the numbers suggest that while 2025 will close as a strong year for tourism, the 2.3 million target may prove difficult to reach unless arrival patterns shift sharply in the days ahead.

Foreign Minister Calls for Dialogue as a Form of Resilience at UN Alliance of Civilisations Forum

The Minister of Foreign Affairs, Dr Abdulla Khaleel, spoke yesterday at the 11th Global Forum of the United Nations Alliance of Civilisations, held in Riyadh, Saudi Arabia, where discussions centred on rising global polarisation and declining trust in multilateral cooperation.

The forum examined the underlying drivers of division between societies and cultures, the erosion of confidence in global governance, and the need for a practical programme of action to rebuild trust, foster understanding, and prevent new global divides from emerging.

In his intervention, Minister Dr Khaleel said that for countries such as the Maldives, dialogue is not simply a diplomatic practice but a form of resilience that is central to national identity, security, and continuity. He noted that climate-induced threats, including sea level rise, pose risks not only to physical territory but also to cultural heritage and social cohesion.

Minister Dr Khaleel also cautioned that the volatility of the digital sphere has become a new arena for misunderstanding, where hostility can be generated quickly and leave lasting impacts. He said these challenges require renewed attention to how societies communicate and engage with one another in an increasingly fragmented global environment.

Calling on the United Nations Alliance of Civilisations to invest in dialogue that is practical, inclusive, and grounded in human dignity, the Minister stressed that cooperation has become a matter of cultural survival for vulnerable nations. He urged partners to strengthen their collective ability to anticipate emerging divides, whether environmental, social, or digital, and to reaffirm shared responsibility to ensure diversity remains a source of stability rather than tension.

Established in 2005, the United Nations Alliance of Civilisations serves as a global platform to promote mutual respect among cultures, counter polarisation, and encourage inclusive dialogue. The Alliance currently comprises 161 members, including 131 UN Member States, one non-member state, and 29 international organisations representing societies and cultures from all regions of the world.

Discover Airlines Resumes Frankfurt–Malé Flights with Two Weekly Services

Discover Airlines has officially resumed flights between Frankfurt, Germany and Velana International Airport, restoring a direct air link between the Maldives and one of its key European markets.

The inaugural flight was marked with a ceremony at Velana International Airport, coinciding with the opening of Discover Airlines’ check-in counters at the airport’s new passenger terminal. The airline will operate two weekly flights on the Frankfurt–Malé route.

Services will be handled from Velana International Airport’s recently opened terminal, which has been receiving a growing number of international carriers. Airport authorities have positioned the new facility as a central part of efforts to improve passenger handling capacity and accommodate rising traffic.

The return of Discover Airlines is expected to support tourism flows from Europe, with Germany remaining an important source market for the Maldives. Europe continues to account for a substantial share of arrivals, while the United Kingdom currently ranks as the third-largest source market, with 181,300 visitors recorded so far this year.

As more airlines shift operations to the new terminal, the Maldives is seeking to improve connectivity and reinforce its appeal to long-haul travellers from major international markets.

Visit Maldives Expands 2026 Membership Options to Support Tourism SMEs

Visit Maldives Corporation has announced a series of changes to its membership framework for 2026, aimed at increasing participation from small and medium-sized enterprises across the tourism sector, including guesthouses, liveaboards, and travel agencies.

Under the revised approach, Visit Maldives will introduce more accessible and lower-priced membership options, allowing a wider range of tourism operators to join its destination marketing network. The changes are intended to broaden representation across the sector and enable smaller businesses to take part in international promotion efforts alongside larger operators.

The corporation also plans to reduce participation fees for roadshows and other promotional activities. In addition, SMEs will be offered flexible non-physical participation options, such as digital showcases, representation services, and shared lead-generation support. These options are designed to allow businesses to engage with overseas markets without the need for international travel.

As part of the 2026 measures, Visit Maldives will facilitate content trips and expand content-sharing initiatives. This will allow resorts and guesthouses to access professional marketing assets, while also contributing to the destination’s wider content library.

Commenting on the initiative, Visit Maldives Corporation Chief Executive Officer and Managing Director Ibrahim Shiuree said the measures are intended to improve visibility and inclusion for smaller operators across all atolls, with the support of local non-governmental organisations.

Visit Maldives said the updated membership structure forms part of its broader efforts to promote a more inclusive tourism ecosystem and aligns with national initiatives aimed at widening economic participation within the sector.

Nearly Half of Hulhumale’ Phase III Land Reclaimed, MACL Says

Reclamation works on Hulhumale’ Phase III have reached nearly the halfway mark, according to an update shared by Maldives Airports Company Limited.

The land reclamation project, which began in September 2023 under the Binveriya housing programme of the previous administration, involves the reclamation of 63 hectares. Sri Lankan-based Capital Marine and Civil Construction Company Private Limited was contracted to carry out the works. Prior to a temporary halt in the project, 23 hectares had been reclaimed.

The works resumed on November 10, with two 22,000 cubic metre dredgers, Prins der Nederlanden and Oranje, currently operating at the site. Maldives Airports Company Limited said progress has continued steadily since the restart.

As of the latest update, a total of 31 hectares has been reclaimed, bringing overall progress to 49.2 percent of the planned reclamation area.

Capital Marine and Civil Construction Company has indicated that dredging works at both Hulhumale’ Phase III and Giraavaru Falhu are expected to be completed within the next three months. Once reclamation at Hulhumale’ Phase III is completed, the dredgers are scheduled to be relocated to Giraavaru Falhu to continue works there.

Fisheries Initiatives Launched as Maldives Marks 45th National Fishermen’s Day

A series of new initiatives aimed at supporting fishermen and improving fisheries infrastructure were announced yesterday as the Maldives marked its 45th National Fishermen’s Day, with national-level celebrations held in R. Dhuvaafaru.

The main event saw the launch of several programmes focused on access to services, digital tools, and processing capacity within the fisheries sector. Among the key developments was the signing of an agreement to establish a fish purchasing facility in Kan’dholhudhoo, which will include cold storage and a specialised facility for grouper.

Several digital platforms were also introduced. These included a new module on the Keyolhu application to allow fishermen to check the availability of ice at ice plants, the Bank of Maldives Masveriyaa Portal, the From Maldives website, and the Maldives Industrial Fisheries Company’s Mas Kiraa application. A sustainable livebait fishery management plan was also launched as part of the programme.

Addressing the event, President Dr Mohamed Muizzu said the administration aims to reposition fisheries as a central pillar of the Maldivian economy, noting its role in the country’s identity and livelihoods. He outlined a range of measures intended to address challenges faced by fishermen, particularly around pricing, access to inputs, and infrastructure.

Among the changes announced was a revision to MIFCO’s purchasing policy, with the minimum quantity of fish to be bought reduced from 1.5 kilograms to one kilogram, at the maximum market rate. The President also stated that MIFCO would sell fuel to fishermen at an average of 51 laari below prevailing market prices.

On infrastructure, the administration plans to expand cold storage capacity and open an additional 200 loan opportunities for Refrigerated Sea Water systems. The President said preparatory work to establish fisheries processing facilities across the country would begin shortly. He also noted that fuel skid facilities are being rolled out nationwide, with all expected to be operational by the end of March.

Fish pricing was identified as a key concern within the sector. In response, the President said MIFCO would expand its operations to include the purchase of yellowfin tuna, subject to progress at its Hulhumalé facility.

The address also touched on employment in the fisheries sector, with an emphasis on increasing participation by Maldivians and encouraging training and employment of young people. The President said national-level recognition would be introduced for individuals and organisations contributing to this effort.

The event concluded with the presentation of awards to individuals, companies, fishing vessels, and fishermen recognised for their contributions to the fisheries industry during 2023 and 2024. A range of related activities, including a Fishermen’s Forum, were held on Dhuvaafaru to mark the occasion.

Fuel Skid Initiative Launched to Reduce Fuel Costs for Fishermen

A new fuel skid designed to provide fuel at reduced prices for fishermen has been launched in Dhuvaafaru, North Maalhosmadulu, as part of broader efforts to ease cost pressures in the fisheries sector.

The facility was inaugurated during President Dr Mohamed Muizzu’s visit to the island to mark this year’s Fishermen’s Day. The initiative follows consultations with fishermen, where fuel availability and affordability were highlighted as persistent challenges affecting fishing operations.

The fuel skid in Dhuvaafaru is the first under a nationwide plan to expand access to more affordable fuel for fishing communities. Similar facilities are planned across different regions of the Maldives to address long standing supply and pricing issues, particularly in outer atolls.

The project has been assigned to the State Trading Organisation, which will oversee the establishment and operation of the facilities. Under the initiative, a total of 18 fuel skids are to be installed nationwide, with STO stating that all facilities are expected to be operational by the end of March 2026.

Officials said the initiative is intended to support fishermen by reducing operational costs and improving access to fuel, a key input for the sector. During the visit, the President and the First Lady also attended ceremonies marking the launch and completion of several development projects on the island, accompanied by Cabinet Ministers and senior officials.

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