Maldives Launches MVR 250M Islamic Social Finance Initiative
A new social financing initiative focused on expanding Islamic Finance and addressing community needs was officially launched in the Maldives on...
Maldives Moves to Repeal and Replace 27-Year-Old Civil Aviation Act
A new bill proposing sweeping reforms to modernise the Maldives' aviation sector has been submitted to Parliament, with the aim of...
Gov’t Seeks Consultants for Master Plan of Malé Center Point
The Ministry of Finance and Planning, on behalf of the Ministry of Construction, Housing and Infrastructure, has issued a request for...
UAE-Backed MIFC Project Breaks Ground in Maldives
The Maldives officially broke ground on the Maldives International Financial Centre (MIFC), a USD 8.8 billion project aimed at reshaping the...
Maldives 2.0: President Launches Vision for a Digital-First Nation
President Dr Mohamed Muizzu has announced a new national initiative, titled ‘Maldives 2.0’, aimed at digitising government operations and public services...
Maldives Launches USD 8.8 Billion Financial Centre to Reshape National Economy
The Maldives government has signed a landmark joint venture agreement with MBS Global Investments to establish the Maldives International Financial Centre...
Vaadhoo to Become First Fully Solar-Powered Island in the Maldives by Year-End
The government has announced plans to transition Raa Atoll Vaadhoo to 100 percent renewable energy by the end of 2025, positioning...
Central Bank Board Reshaped as Government Fills Two Vacancies
The government has appointed two new members to the Board of Directors of the Maldives Monetary Authority (MMA), following the resignation...
Dhiraagu Hosts First-Ever Fuvahmulah Run, Drawing Over 1,100 Participants
Dhiraagu Fuvahmulah Run 2025 concluded on Friday in Fuvahmulah City, marking the first time the Dhiraagu Maldives Road Race (DMRR), has...
Operation Kurangi Records 150,000 Biometric Entries as Regularisation Drive Advances
As the world observed Labour Day, President Dr Mohamed Muizzu announced a significant milestone in the Maldives’ efforts to address longstanding...
Parliament to Review Asna Hamdhy’s Nomination for MMA Deputy Governor
President Dr Mohamed Muizzu has nominated Aishath Asna Hamdhy for the post of Deputy Governor at the Maldives Monetary Authority (MMA),...
Gov’t Opens Subscription for New Round of Treasury Bills
The Ministry of Finance and Planning has invited subscriptions for a new series of Maldivian Rufiyaa-denominated Treasury Bills (T-Bills), offering investors...
Maldives Moves to Block Companies in Debt from Bidding for Government Contracts
Parliament has unanimously approved new measures aimed at recovering outstanding debts owed to the state, including a policy change that would...
Maldives Launches First Overseas Passport and ID Issuance in Malaysia
The Maldives has launched its first overseas passport and identity card issuance service in Malaysia, marking a significant milestone in making...
Customs Seizes Over 13 Million Cigarettes in Smuggling Operation
Maldives Customs Service has seized over 13 million cigarette sticks in a recent smuggling interception at the sea cargo terminal.
Rasmale’ Project Reclaims 101 Hectares as Work Continues
The landmark Rasmale’ Project is advancing steadily, with 101 hectares of land reclaimed so far, according to an update provided by...
Authorities Investigating Over 2,400 Foreign Worker Cases Amid Wider Crackdown
The Labour Relations Authority (LRA) has confirmed it is currently investigating 2,457 cases involving foreign workers, as part of a wider...
Economic Minister Outlines Plans to Remove Industry Barriers
At the opening ceremony of the Build Expo held in Hulhumalé, Minister of Economic Development and Trade Mohamed Saeed announced that...
EOI Open for USD 35M Cargo Handling Facility at Thilafushi
An invitation for Expressions of Interest (EOI) has been announced for the development of a new cargo handling facility on Thilafushi...
Maldives Eyes More Global Franchises Through Local Partnerships
The Minister of Economic Development and Trade, Mohamed Saeed, has stated that the Maldivian government is committed to supporting local businesses...
President Aims to Phase Out Black Market as Maldives Targets Official Dollar Rate by...
The Maldivian government has set a target to eliminate the black market for US dollars and restore access to foreign currency...
Cabinet Reviews Progress of Key Infrastructure Projects in Working Session
The Cabinet convened a working session at the President’s Office on Tuesday to assess the progress of the government’s priority infrastructure...
PCB Updates Appointment Process for Senior Finance and Audit Roles in SOEs
The Privatisation and Corporatisation Board (PCB) has revised the eligibility criteria for Chief Financial Officers (CFOs) and Chief Internal Auditors (CIAs)...
Economic Minister Reports Gains from Bunkering, Dismisses US Tariff Concerns
Minister of Economic Development and Trade, Mohamed Saeed, has said that the Maldives’ newly launched bunkering services are already proving to...
LATEST ARTICLES
Is the Maldives’ Fiscal Surplus a Sign of Discipline or Delay?
The Ministry of Finance reported a primary surplus of MVR 3.2 billion for the first four months of 2025, a figure...
MVR 15.9 Million Issued in Agriculture Loans Under Government Scheme
The Ministry of Agriculture and Animal Welfare has revealed that a total of MVR 15.9 million has been disbursed in agricultural...
Maldives and Japan Sign Defence Agreement to Boost Maritime Security
Japan has committed to enhancing maritime security in the Maldives through the provision of two harbour crafts to the Maldives National...
Parliamentary Committee Backs Asna Hamdi for Deputy Governor Role at MMA
The Parliamentary Public Accounts Committee has recommended the appointment of Aishath Asna Hamdi as the new Deputy Governor of the Maldives...
Maldives Launches MVR 250M Islamic Social Finance Initiative
A new social financing initiative focused on expanding Islamic Finance and addressing community needs was officially launched in the Maldives on...
