Hanimaadhoo International Airport Nears Completion with 83 Percent of Works Finalised
The development of Hanimaadhoo International Airport has reached 83 percent completion, according to an update released by the Regional Airports Company...
Maldivian Coast Guard Intercepts Foreign Fishing Boats in EEZ
The Maldives National Defence Force (MNDF) Coast Guard has detained two Sri Lankan fishing vessels for allegedly operating illegally within the Maldives’...
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...
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...
Finance Ministry Cites Legal Hurdles in Delaying MITDC Closure
The government's plan to dissolve the Maldives Integrated Tourism Development Corporation (MITDC) has been delayed due to unresolved legal issues linked to...
President Urges Citizens to Embrace Hiyaavehi Scheme for Housing Solutions
President Dr Mohamed Muizzu has called on all Maldivians to take full advantage of the Hiyaavehi financing scheme, describing it as a...
Gov’t to Launch Agricultural Zone Pilot in Laamu, Says Minister Mariya
The government is preparing to launch a pilot project in Laamu Atoll under the Agricultural Economic Zone initiative, Minister of Agriculture...
Public Transport Struggles to Shift Gears in Malé’s Congestion Crisis
Despite expanding its bus fleet and recording millions of commutes annually, Greater Malé’s public transport system is still far from easing...
WHO Backs Maldives’ Historic Move to Phase Out Tobacco Use
The World Health Organisation (WHO) has endorsed the Maldives’ new generational tobacco ban, calling it a “bold and crucial” step in...
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...
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...
Operation Hamamagu Begins: Immigration Targets Undocumented Migrants in Addu
Maldives Immigration has launched its largest enforcement operation to date in Addu City, under a campaign titled Operation Hamamagu. The effort, which began...
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...
Gov’t Issues New Treasury Bills Amid Soaring Local Debt Exposure
The Government of Maldives has announced a fresh round of treasury bill (T-bill) offerings totalling MVR 1.25 billion, as it continues...
Minister Saeed: Port Network Expansion Key to Economic Decentralisation
Economic Development and Trade Minister Mohamed Saeed has reaffirmed the government’s commitment to a nationwide expansion of commercial port infrastructure, signalling...
Gov’t Seeks Investor Input for Laamu Fonadhoo Port and Bunkering Project
The Government of Maldives has issued a Request for Expression of Interest (REOI) inviting qualified and reputable investors to engage in a...
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...
New Maldives Transportation Safety Board Established to Oversee Land, Sea, and Air Incidents
President Dr Mohamed Muizzu has established the Maldives Transportation Safety Board, a new Government body tasked with enhancing the safety of...
Pension Office Board Welcomes Two New Private Sector Representatives
Two individuals have been appointed as board members representing the private sector at the Maldives Pension Administration Office (MPAO).
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...
Green Tax Revenue Up 72%, But Environmental Spending Lags Behind
Green Tax collections in the Maldives reached MVR 401.2 million by 20 March 2025, marking a notable increase from the MVR...
Report Highlights Data Gaps and Need for Enhanced Data Utilization to Strengthen Policymaking
The United Nations’ latest Annual Results Report for the Maldives has raised serious concerns over the country's limited availability of disaggregated...
Maldives to Launch National Cyber Security Operation Centre by Year-End
The Maldives is preparing to establish a National Cyber Security Operation Centre before the end of the year, as part of...
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...
LATEST ARTICLES
Minister Thoriq, US Ambassador Discuss Clean Energy Investments in Maldives
The Government of the Maldives and the United States have reaffirmed their commitment to environmental collaboration, following high-level talks between Minister of...
dusitD2 Feydhoo Maldives Opens Following Strategic Acquisition Through AWG Consulting
A new chapter has begun in Maldivian tourism with the official opening of dusitD2 Feydhoo Maldives, a resort developed on an island...
Ooredoo Maldives Celebrates 20 Years with Special Offers and Grand Prizes
Ooredoo Maldives has launched a series of promotional offers to mark its 20th anniversary, thanking customers for their loyalty over the past...
Maldives and the Global South: A Strategic Recalibration Through India and Sri Lanka
Since the election of President Mohamed Muizzu in November 2023, Maldives’ foreign policy has undergone a profound recalibration. Once known for the...
STO Sees Resilient Second Quarter Despite Lower Revenue from Global Fuel Market
State Trading Organization (STO) reported steady performance for the second quarter of 2025, with strong profitability and improved liquidity, even as overall...
