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
Maldives 2.0 Summit Concludes with National Digital Commitment Presented to President
The ‘Maldives 2.0 Digital Transformation Summit’ concluded with a ceremonial presentation of the National Digital Commitment to President Dr Mohamed Muizzu,...
Island Aviation Reopens Bid for Maafaru Airport Terminal Expansion
Island Aviation Services Ltd (IASL) has re-announced the opportunity for eligible proponents to submit proposals for the extension of the Maafaru...
International Flights to Maldives Up 5.4% in First Quarter of 2025
The number of international flights to the Maldives has risen during the first quarter of the year, reflecting the uptick in...
Ooredoo Marks Children’s Day with ‘Juniors on Duty’ Initiative
Ooredoo Maldives marked this year’s Children’s Day with an initiative aimed at empowering and inspiring the next generation. The company welcomed...
Maldives Sees Over 54,000 Tourists in First 10 Days of May
Tourist arrivals to the Maldives during the first ten days of May 2025 reached 54,058, reflecting a 17.6 percent increase compared...
