Construction Sector Growth Driven by Real Estate Projects in Q4 2024

The Maldives’ construction sector maintained steady growth in the final quarter of 2024, supported by rising bank credit and sustained real estate...

Financial Sector Maintains Healthy Growth as Maldives Banks and Insurers Post Robust Results

The financial sector of the Maldives displayed continued strength and stability in the fourth quarter of 2024, according to the latest Quarterly...

MMA Reports Increase in Foreign Currency Assets in February 2025

The Maldives Monetary Authority (MMA) has released its financial position for February 2025, highlighting notable growth, particularly driven by an increase in...

Tourism Boost Supports Maldives Economy Despite Challenges in Q4 2024

The Maldivian economy experienced mixed outcomes during the fourth quarter of 2024, marked by robust growth in the tourism sector despite a...

February 2025 Economic Update: An Overview of Growth, Inflation, and Public Debt

The Maldivian economy recorded a 6.5% real GDP growth in the third quarter of 2024, marking an acceleration from the 4.1% growth observed in the second...

Maldives Q4 2024 PPI: Tourism and Construction Surge, Utilities Decline

The Maldives Bureau of Statistics has released the Producer Price Index (PPI) for the fourth quarter of 2024, revealing varied trends across...

MIRA Collected MVR 63 Million in Employee Withholding Tax: Here’s Where It Came From

The Maldives Inland Revenue Authority (MIRA) has released its Quarterly Employee Withholding Tax (EWT) report for the fourth quarter of 2024 (24Q4), shedding light...

Inflation Rises by 0.33% in January as Food Prices Climb

The Maldives’ Consumer Price Index (CPI) saw a modest increase of 0.33% in January 2025 compared to December 2024, reflecting fluctuations in food, accommodation,...

LATEST ARTICLES

Foreign Minister Departs for Raisina Dialogue 2025 in India

The Minister of Foreign Affairs of the Maldives, Dr. Abdulla Khaleel, embarked on a two-day official visit to India this evening to...

Final Chance to Register for Dhiraagu Fuvahmulah Run 2025

Registration for the Dhiraagu Fuvahmulah Run 2025 is set to close, with the deadline set for 18 March 2025. This year’s event...

Maldivian to Introduce Direct Flights to South Africa and Germany Later This Year

Maldivian is set to expand its international operations with new direct flights to South Africa and Germany, scheduled to begin later this...

Ooredoo Maldives Launches ‘Karaa Felhun Meme Challenge’ with Exciting Prize

Ooredoo Maldives has announced the launch of the Ooredoo Karaa Felhun Meme Challenge, inviting participants to showcase their creativity for a chance to...

CFC Offers Loans for Agribusiness Ventures: Deadline Set for April 2025

The Common Fund for Commodities (CFC) has announced financial support for small to medium-sized agribusiness projects. The initiative aims to provide loans...
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