President Launches Financing Facility for Young Entrepreneurs
BML launches collateral-free youth financing facility, opens seven new branches, and introduces international account services.
Section
Government
Thilafushi Port Trials Offer Temporary Relief for Malé Harbour
Thilafushi port trials ease Malé harbour congestion ahead of full relocation planned by November 2027.
State Pharma Plans Longer-Term Medicine Stock Reserves
State Pharma strengthens procurement and supply systems, aiming for one-to-two-year medicine stock reserves nationwide.
Infrastructure Minister Cites Tourism Potential in Laamu Airport Decision
Government defends choosing Isdhoo-Kalaidhoo for Laamu's second airport, citing tourism potential amid Maavah residents' opposition.
Foreign Residents Account for One-Third of Maldives Population in 2026
Maldives population projections show large migrant workforce, strong gender imbalance, and continued resident concentration in…
Maldives Bureau of Statistics Seeks Public Cooperation for Household Survey
Maldives Bureau of Statistics conducts Greater Malé household survey until 21 July, seeking cooperation.
Gov’t Records MVR 976 Million Deficit by Early July
Maldives government recorded a MVR 976 million deficit as spending outpaced revenue growth.
Electronic Passport Issuance Expected to Resume in August
Maldives Immigration expects to resume electronic passport issuance in early August after securing booklets.
Addu Waste-to-Energy Facility Expected to Begin Operations in 2028
Addu's completed waste-to-energy plant awaits supporting infrastructure before beginning operations in 2028.
MIRA Revenue Rises 10.1% to MVR 2.92 Billion in June
MIRA's June revenue rose 10.1% to MVR 2.92 billion, beating forecasts on tax gains.
Infrastructure Ministry Says Thilamalé Bridge Now 75 Percent Complete
India-financed Thilamalé Bridge reaches 75 percent completion, with Malé-Vilimale' section expected to open this year.
Addu Waste-to-Energy Plant Awaits PPP Operator After Commissioning Delays
Addu waste-to-energy plant, completed in 2023, awaits PPP operator amid technical and supply challenges.
Gov’t Outlines New Waste Management Measures as Waste Volumes Rise
The Maldives is generating more than 517,000 tonnes of waste each year, placing continued pressure…
Reserved Job Positions for Persons with Disabilities Introduced in Public Sector
Maldives introduces reserved public sector job positions for persons with disabilities following gazetted amendments.
Gov’t Targets Full Digitisation of Land Transport Services by End of August
Maldives targets full digitisation of land transport services by August, expanding RTL ferry network nationwide.
Two Names Sent to Parliament for Commissioner General of Taxation Role
President Muizzu nominates Haleem and Ameeza for Commissioner General of Taxation, awaiting parliamentary approval.
Gov’t Plans to Allow Essential Services on Private Plots in Hulhumalé Phase II
Government plans to permit essential services on privately allocated residential plots in Hulhumalé Phase II.
Maldives Financial Expo Highlights Financial Literacy and Innovation
MMA's Financial Expo returned after nine years, drawing 16,000 visitors and promoting financial literacy and…
President Ratifies Amendment Reducing Tobacco Import Duty
President Dr Mohamed Muizzu has ratified changes to the Export-Import Act, revising import duties on…
Financial Sector Expo Returns After Nine Years
President Dr Mohamed Muizzu inaugurated the Maldives Financial Expo 2026 today at Hulhumalé Central Park,…
MMA Recognises Financial Sector Institutions at Inaugural Awards
The Maldives Monetary Authority has recognised several financial institutions and service providers for their role…
StatePharma Officially Assumes Management of STO Pharmacies Across Maldives
All STO pharmacies across the Maldives have officially transitioned to and commenced operations under StatePharma…
Parliament Lowers Cigarette Duty in Reversal of 2024 Tax Hike
Parliament has approved a reduction in import duty on cigarettes from MVR 8 to MVR…
Local SMEs to Benefit as Financial Expo Supports Small Businesses
Small and medium-sized enterprises will be among the notable beneficiaries of the Maldives Financial Expo…