MMA Survey Shows Retail Sector Facing Higher Costs and Potential Price Rises
The Maldives’ wholesale and retail trade sector had a mixed performance between April and June 2025, according to the Maldives Monetary Authority’s...
July ECPI Data Shows Price Rises for Coffee, Fruits, and Vegetables
The cost of essential goods in Malé rose by 2.7% in July 2025 compared to the same month last year, according to...
Construction Sector Shows Strong Rebound in Q2 2025, but Financial Concerns Persist
The construction industry staged a strong recovery in the second quarter of 2025, ending a year-long period of contraction, according to the...
Liquidity Spike and Dollar Outflows Prompt Central Bank Intervention
The Maldives Monetary Authority (MMA) has announced a series of monetary tightening measures aimed at reducing excess liquidity in the domestic economy,...
Surplus Story Cracks Under Pressure of Stalled Capital Spending
The Maldives has recorded a budget surplus of MVR 314.3 million as of 31 July 2025, continuing a fiscal pattern seen throughout...
Tourism Sector Contracts Sharply in Q2, But Signs Point to Gradual Recovery Ahead
The Maldives’ tourism sector experienced a significant slowdown in the second quarter of 2025, with business activity contracting across almost all key...
July Economic Update Reveals Divergence Between Recurrent Spending and Reserve Growth
The latest Economic Update by the Maldives Monetary Authority (MMA) shows signs of persistent pressure on public finances, as debt levels remain...
MMA Report Shows Easing Inflation, But Food and Dining Costs Still Rising
The Maldives recorded an inflation rate of 3.8 percent in June 2025, a notable drop from 4.6 percent the previous month, according...
Real GDP Growth Improves, but MMA Forecasts Trimmed for 2025
Maldives’ real economy showed signs of modest acceleration in the first quarter of 2025, with gross domestic product (GDP) expanding by 2.5...
Maldives Maintains Budget Surplus as Development Spending Stagnates
The Maldives recorded a budget surplus of MVR 1.05 billion as of 17 July 2025, according to the Ministry of Finance’s latest Weekly...
Tax Revenue Rises Despite Decline in Business and Import Duties
The Maldives recorded MVR 15.35 billion in tax revenue by 10 July 2025, showing continued recovery and strength in key revenue streams...
Maldives’ Capital Expenditure Declines 63% Year-on-Year
Capital expenditure by the Maldivian government has sharply decreased as of 10 July 2025, highlighting a significant slowdown in major infrastructure investments...
WEF Roundtable Highlights Strategies Maldives Can Tap for Economic Resilience
At a time of growing uncertainty in global trade, supply chains and investment flows, the World Economic Forum’s inaugural Resilience Leaders’ Roundtable,...
Maldives Budget Surplus Sustained by Longstanding Capital Spending Shortfalls
The Government of Maldives has recorded a budget surplus of MVR 628.2 million as of 26 June 2025, according to the Ministry...
Market Rebounds on Maldives Sukuk Amid Stronger Liquidity, But Risks Persist
The price of the Maldives’ sovereign Sukuk has risen sharply, from approximately USD 64.7 in early April 2025 to USD 87.5 on...
Personal Loans Surge as Private Sector Credit Growth Slows
The Maldives Monetary Authority’s (MMA) Economic Update for June 2025 paints a mixed picture of the country’s monetary environment, with broad money...
Maldives Sees Modest Inflation Rise in May, Driven by Electricity and Food Prices
Inflation in the Maldives edged up in May 2025, with the Consumer Price Index (CPI) rising by 0.48 percent compared to April....
MMA Report: Resort Tourism Dips Even as Tourist Arrivals Surge in May
Tourist arrivals to the Maldives rose by 13 percent in May 2025 compared to the same period last year, according to the...
Diversifying Dollar Access: MIB’s Untapped Potential to Serve Maldivians
For years, the Bank of Maldives (BML) has carried the burden of being the country’s primary source of US dollar services for...
Gov’t Spending Trails Behind Revenue as Maldives Posts MVR 1.36 Billion Surplus
The Maldives recorded a budget surplus of MVR 1.36 billion as of 19 June 2025, despite subdued government spending on capital projects....
World Bank Calls for Radical Transparency to Prevent Debt Crises in Developing Countries
A new World Bank report warns that opaque debt practices are endangering the financial stability of many developing countries and calls for...
Maldives Posts MVR 1.3 Billion Surplus Amidst Weak Capital Expenditure
The latest Weekly Fiscal Developments report by the Ministry of Finance shows a striking divergence between rising government revenue and sluggish expenditure,...
VP Urges All Maldivians to Contribute to Economic Transformation
Vice President Hussain Mohamed Latheef has called on all Maldivians to actively contribute to rebuilding a strong, resilient national economy. He made...
Global Economic Outlook Highlights Risk Factors for Small Island States
The latest Global Economic Prospects (GEP) report by the World Bank, published in June 2025, presents a cautious outlook for the global...
LATEST ARTICLES
How Parliament Has Lost Its Voice: No Debate, Only Deals
Parliament is supposed to be the nation’s forum for ideas and debate. At its best, it is the space where competing visions...
Maldives-China FTA: Online Certificate of Origin Process Begins for Exporters
Maldives Customs Service has announced that exporters can now apply online for the Certificate of Origin required for goods exported to China...
VIA’s New International Terminal Welcomes First Foreign Airline
Velana International Airport’s (VIA) new international passenger terminal welcomed its first foreign carrier on Tuesday, marking the start of phased operations for...
US Embassy Announces Initiative to Launch American Chamber of Commerce in the Maldives
Plans to establish an American Chamber of Commerce (AmCham) in the Maldives were announced during the United States Embassy’s Independence Day reception...
Maamaduvvaree Handover, Land Reclamation, and Airport Upgrade Announced in Baa Atoll
President Dr Mohamed Muizzu’s tour of Baa Atoll’s inhabited islands has seen a series of announcements and agreements focused on infrastructure, public...
