MACL Begins Reconstruction of Taxiway Charlie at VIA

Maldives Airports Company Limited (MACL) has officially begun the reconstruction of Taxiway Charlie at Velana International Airport (VIA), marking the start...

Ex-Immigration Chief Arrested Over Alleged Abuse of Power

Former Maldives Immigration Controller Mohamed Shamaan Waheed was arrested on Friday evening following allegations of abuse of power and financial misconduct. The...

STELCO Deploying 350 Employees for Single-Day Electricity Meter Readings

State Electric Company Limited (STELCO) is set to dispatch 350 employees tomorrow to conduct electricity meter readings across the Malé area in...

MACL Kicks Off Staff Awareness Sessions under ‘Green Airport’ Sustainability Drive

Maldives Airports Company Limited (MACL) has begun a series of employee awareness sessions aimed at strengthening sustainability efforts at Velana International...

MMA Raises Dollar Sale Requirement from Banks to 90%

The Maldives Monetary Authority (MMA) has instructed banks to increase the proportion of US dollars they must sell to the central...

New Foreign Currency Regulation Sets Reporting & Compliance Standards

The Maldives Monetary Authority (MMA) has introduced the General Regulation on Foreign Currency, which came into effect on 28 February 2025. Enacted under...

April Revenue Hits MVR 2.6 Billion, Led by GST and Green Tax

Government revenue collection for April 2025 reached MVR 2.60 billion, reflecting a notable 22.7 percent increase compared to April 2024, driven...

Maldives’ Construction Waste Disposal System Set for Completion by July

The Maldives' long-awaited construction waste disposal system is expected to be completed by July this year, according to Minister of Tourism...

Maldives Begins Technical Review of First Transparency Report on Climate Action

On Sunday, the Ministry of Climate Change, Environment and Energy, together with the United Nations Framework Convention on Climate Change (UNFCCC)...

Health Minister Backs Decentralised Reform to Tackle New Health Threats

Minister of Health Abdulla Nazim Ibrahim has called for sweeping reforms to decentralise healthcare services across the Maldives, stressing that local-level...

Parliament Approves Aishath Asna Hamdi as Deputy Governor of MMA

Parliament has approved the appointment of Aishath Asna Hamdi as the new Deputy Governor of the Maldives Monetary Authority (MMA), following...

New Finance Rules Permit Government Projects Without Competitive Bidding

The government has changed public finance regulations, allowing the procurement of goods and services without a competitive bidding process for the next...

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...

MIRA Clarifies Tax Obligations on Directors’ Account Balances

The Maldives Inland Revenue Authority (MIRA) has issued detailed guidance on how directors' financial transactions with their companies should be treated...

Slow Capital Spending Drives Maldives’ MVR 1.4 Billion Fiscal Surplus

The Ministry of Finance has released its Weekly Fiscal Developments Report for the period ending 13th February 2025, revealing that the Maldives recorded a budget surplus of MVR...

Tobacco Use to Be Banned for Those Born On or After 1 Jan 2007

The Maldivian government has decided to implement a generational ban on tobacco, restricting the sale, purchase, and use of tobacco products...

Development Bank of Maldives Rollout Progressing on Schedule, Says Economic Minister

Economic Minister Mohamed Saeed has reaffirmed that the rollout of the Development Bank of Maldives (DBM) is progressing on schedule, despite criticism...

AgroNat to Resume Operations with Focus on Food Security

The government has announced that AgroNat Company, a state-owned enterprise established to support the agriculture sector, will resume operations with a revised...

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),...

One Year On: Maldivian’s Air Ambulance Service Supports 931 Patients

Maldivian, the national airline of the Maldives, has marked the first anniversary of its Air Ambulance service. The milestone was commemorated with...

Major Study Recommends Slashing Vehicles in Greater Malé to Ease Congestion and Pollution

A comprehensive study by the Islamic University of Maldives (IUM) has recommended a significant reduction in the number of vehicles in...

New Animal Protection Bill Proposes Fines Up to MVR 1 Million

The government has submitted the Animal Care and Protection Bill to Parliament, proposing a legal framework for the care, husbandry, and trade...

Maldives Enforces Stricter Rules on Food Advertising to Protect Consumers

The Maldives Food and Drug Authority (MFDA) has introduced new regulations governing food advertising in the country, aiming to prevent misleading promotions,...

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...

LATEST ARTICLES

President Muizzu Pledges Written Housing Guarantee for All Eligible Citizens by Year-End

President Dr Mohamed Muizzu has reaffirmed his administration’s commitment to addressing the Maldives’ housing crisis, announcing a bold initiative that will see...

Ministry Invites EOIs for Kinbidhoo–Veymandoo Causeway and Elaa Tourism Island Project

The Ministry of Construction, Housing and Infrastructure (MCHI) on Thursday invited Expressions of Interest (EOIs) for a major infrastructure project linking Thaa...

Electricity Bills Set to Drop as New Tariffs Roll Out

President Dr Mohamed Muizzu announced yesterday that he has instructed the relevant authorities to reduce electricity tariff rates for the domestic category,...

Dhiraagu Introduces Affordable Roaming Packages for 46 Countries

Dhiraagu has unveiled a new range of affordable roaming packages, offering seamless connectivity for customers travelling to 46 countries. This latest initiative...

President Establishes New State-Owned Infrastructure Development Company

President Dr Mohamed Muizzu officially established a new state-owned enterprise, Infrastructure Development Solution Company Limited, under Article 15 of the Companies Act...
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