Maldives to Link Favara with India’s UPI to Ease Cross-Border Payments
The Maldives Monetary Authority (MMA) has signed an agreement with NPCI International Payments Limited (NIPL) to connect Favara, the Maldives’ national instant...
Economic Infrastructure Projects Announced During President’s Visit to Noonu Atoll
President Dr Mohamed Muizzu’s recent tour of South Miladhunmadulu Atoll included several announcements tied to economic infrastructure and local development, with updates...
New Coral Garden Project Aims to Revive Hulhumalé’s Urban Reef
Housing Development Corporation (HDC) has launched a coral restoration effort in the Channel Park of Hulhumalé Phase I, in partnership with the...
New VIA Terminal Fully Ready for Launch, Says MACL Deputy MD
Deputy Managing Director of Maldives Airports Company Limited (MACL), Mohammed Lamaan, has confirmed the fulfilment of President Dr Mohamed Muizzu’s commitment to...
Maldives Government Opens Subscription for MVR 1.39 Billion in Treasury Bills
The Ministry of Finance has issued an invitation to subscribe to MVR-denominated Treasury Bills (T-Bills), offering a total of MVR 1.39 billion...
MMA Increases Dollar Allocation to Banks to Improve SME Access
The Maldives Monetary Authority (MMA) has announced a 10 percent increase in the amount of US dollars allocated to local banks for...
Airport Upgrades, Housing, and Transport Projects Announced During Presidential Tour
President Dr Mohamed Muizzu’s ongoing tour of South Miladhunmadulu Atoll has centred on major economic and infrastructure-related developments, with announcements spanning housing,...
MACL Highlights Workplace Inclusion Ahead of Terminal Launch
Maldives Airports Company Limited (MACL) has conducted a dedicated information session for hearing-impaired employees, ensuring they are fully briefed on the operations...
Cabinet Approves Sale of Government Stake in SDFC to Bank of Maldives
The Government has approved the sale of its stake in the SME Development Finance Corporation (SDFC) to the Bank of Maldives (BML),...
Talks Held with JIRCAS to Introduce High-Nutrition Crops in Maldives
Maldives has entered discussions with the Japan International Research Center for Agricultural Sciences (JIRCAS) to explore avenues for strengthening the island nation’s...
President’s Office Discloses 922 Political Appointees
The President’s Office has publicly disclosed that 922 individuals are currently appointed to political positions under Article 115(f) of the Constitution. This...
Maldives Launches AEO Programme with Innahura as First Certified Member
Innahura Maldives Resort has been recognised as the Maldives’ first certified Authorised Economic Operator (AEO), marking a new chapter in the country’s...
Proposed Maldives IP Office Faces Pushback Over Ministerial Control
The government’s proposal to establish a Maldives Intellectual Property Office has drawn criticism from opposition lawmakers, who argue that the office should...
New Arts Support and Cinema Development Announced at Ahaa Forum
The government is preparing to issue financial assistance to artists under a new support scheme set to launch next month. The initiative...
Zakat House Opens Bidding for Islamic Insurance to Cover Uninsured Treatments
The Maldives Zakat House has announced plans to partner with an Islamic insurance provider to offer coverage for individuals on the Zakat...
Parliament Reviews Trademark Bill Proposing Fines Up to MVR 2 Million for Infringement
A government-backed bill proposing fines ranging from MVR 1 million to MVR 2 million for trademark infringement has been submitted to the...
Transport Ministry Revives Vehicle Import Permits with Stricter Criteria
The Ministry of Transport and Civil Aviation has announced that four-wheeled vehicles can now only be imported into the Maldives with a...
Travel Agencies Given Final Deadline to Submit Annual Reports or Face Licence Revocation
The Ministry of Tourism and Environment has issued a final extension for registered travel agencies in the Maldives to submit their annual...
North Harbour Development Aims to Improve Access and Relocate Cargo Services
Maldives Ports Limited (MPL) has commenced efforts to upgrade the North Harbour in Malé, aiming to ease congestion and provide more accessible...
On World Population Day, President Urges Youth-Centred Policy Shift
On the occasion of World Population Day, President Dr Mohamed Muizzu delivered a clear message: the Maldives must invest more in its...
Green Tax and TGST Boost Government Revenue in June
The Maldives Inland Revenue Authority (MIRA) has reported a notable increase in revenue collection for June 2025, with total collections reaching MVR...
PCB Mandates Master’s Degree for SOE Chairperson Appointments
The Privatization and Corporatization Board (PCB) has revised the eligibility criteria for appointing chairpersons at state-owned enterprises (SOEs), making academic qualifications a...
STELCO Aims to Complete Smart Meter Rollout by End of September
State Electric Company (STELCO) has announced that it expects to complete the rollout of smart meters by the end of September, replacing...
FDI Should Translate Into Jobs and Business for Youth, Minister Highlights
Foreign Direct Investment (FDI) in the Maldives should contribute directly to job creation and economic opportunities for young people, according to the...
LATEST ARTICLES
Global Finance Adopts Quantum Technologies: Where Does Maldives Stand?
The World Economic Forum’s latest white paper on quantum technologies in financial services outlines a coming shift in how banks, insurers, and...
Registrations Open for Dhiraagu Maldives Road Race 2025
Dhiraagu has officially opened registrations for the 2025 edition of the Dhiraagu Maldives Road Race (DMRR), now in its 16th year. The...
Consumer Prices Remain Largely Stable in June Despite Food and Electricity Swings
The Maldives' national Consumer Price Index (CPI) registered a marginal decrease of 0.04 percent in June 2025 compared to May, signalling a...
Maldives and Sri Lanka Pledge Deeper Ties on Trade, Maritime Security, and Climate Action
In a joint press appearance at the President’s Office on Monday, President Dr Mohamed Muizzu of the Maldives and President Anura Kumara...
Maldives and Sri Lanka Mark 60 Years of Diplomatic Ties with High-Level State Visit
Sri Lankan President Anura Kumara Dissanayake was welcomed to the Maldives on Monday with a full ceremonial reception, marking his first official...
