EyeCare Distributes MVR 3.4 Million in Second Sukuk Payout

EyeCare has successfully distributed MVR 3.4 million in its second Sukuk profit payout, reinforcing its commitment to investors. The...

India-Maldives Trade Transactions Can Now Be Settled in Local Currencies

The Reserve Bank of India (RBI) has announced that bilateral trade transactions between India and the Maldives may now be settled in...

IAA Maldives Established to Strengthen Internal Auditing in the Maldives

The Internal Audit Association of Maldives (IAA Maldives) has been formally established, marking a significant step in enhancing governance, accountability, and professional...

SDFC to Open Applications for Viyafaari Ehee Loan on 16 March

The SME Development Finance Corporation (SDFC) has announced that applications for its Viyafaari Ehee Loan will open on 16 March, providing financial support to...

MMA Introduces MVR 5 Million Fund to Boost Islamic Finance Education

The Maldives Monetary Authority (MMA) has launched the Tamveel Islamic Finance Initiative to enhance public awareness and provide specialised training in Islamic finance. The...

LATEST ARTICLES

The Price of Residency: What the Maldives Must Fix Before Welcoming Wealth

This week, the Maldives officially entered the global investment migration market. In partnership with Henley & Partners, the country is launching its...

MMPRC Acknowledges Financial Losses, Outlines Reforms and Marketing Push

The Maldives Marketing and Public Relations Corporation (MMPRC) has responded to heightened scrutiny over its financial performance, after audit and parliamentary reports...

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....

Business Owners Must Apply for Tobacco Licence by 17 July, Says HPA

The Health Protection Agency (HPA) has reminded business owners that 17 July is the deadline to apply for a licence to conduct...

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...
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