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...
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...
MMA Reports Stable Financial Position for June 2025
The Maldives Monetary Authority (MMA) has published its Statement of Financial Position for June 2025, revealing a modest month-on-month increase in both...
Parliament Moves Forward with Proposal to Limit Judges’ Financial Interests
Parliament has accepted a government-backed proposal to amend the Judges Act, seeking to prohibit judges from engaging in business while in office....
Farumuli Designated for Tourism, Excluded from Maafaru Governance
President Dr Mohamed Muizzu has amended the administrative boundary of Maafaru in Noonu Atoll, removing the island of Farumuli from its jurisdiction....
IOM Urges Collective Effort to Implement Maldives’ New Migrant Health Policy
The Maldives has launched a new National Migrant Health Policy aimed at ensuring equitable access to healthcare for the country’s large migrant...
MMPRC Acknowledges Financial Losses, Outlines Reforms and Marketing Push
The Maldives Marketing and Public Relations Corporation (MMPRC) has responded to heightened scrutiny over its financial performance, after audit and parliamentary reports...
Business Owners Must Apply for Tobacco Licence by 17 July, Says HPA
The Health Protection Agency (HPA) has reminded business owners that 17 July is the deadline to apply for a licence to conduct...
MMA Opens Applications for 2025 Tamweel Islamic Finance Scholarships
The Maldives Monetary Authority (MMA) has opened applications for its 2025 Tamweel Islamic Finance Scholarship, offering a range of fully and partially...
Maldives Declares ‘Project Solar City’ as First Special Economic Zone
President Dr Mohamed Muizzu has declared “Project Solar City” as the Maldives’ first Special Economic Zone (SEZ), following the issuance of Presidential...
Maldives Signs Investment Residency Deal: What It Means for the Economy
The Government of Maldives has signed an agreement with global investment migration firm Henley & Partners to establish the country’s first-ever residence...
PCB Appoints Directors to Support State-Backed Development Bank
The Privatisation and Corporatisation Board (PCB) has appointed four members to the Board of Directors of the newly established Development Bank of...
Thilamalé Bridge Reaches Key Milestone with Piling Phase Finished
The Thilamalé Bridge project has passed a critical juncture with the completion of its piling works, marking significant progress in one of...
Maldives Stresses Development, Climate Aspects of Maritime Connectivity at Istanbul Forum
Minister of Transport and Civil Aviation, Mohamed Ameen, has emphasised that maritime connectivity must be recognised not merely as a transport concern,...
President Highlights MSMEs as Cornerstone of Economic Diversification
President Dr Mohamed Muizzu has reaffirmed the role of Micro, Small, and Medium Enterprises (MSMEs) in driving economic diversification and sustainable development...
CMDA Says It Lacks Enforcement Powers to Tackle Scams
The Capital Market Development Authority (CMDA) has stated that while it holds legal responsibility to investigate scams, its ability to take action...
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...
More Changes at MMA as Longtime Advisor Dismissed
Idham Hussain has been dismissed from her position on the Board of the Maldives Monetary Authority (MMA), as part of a series...
Finance Ministry Announces Sale of Treasury Bills Worth Over MVR 4 Billion
The Ministry of Finance and Planning has announced the sale of Treasury Bills worth MVR 4.3 billion, inviting subscriptions ahead of a...
President Proposes Incentives to End Island-Level Tobacco Use
President Dr Mohamed Muizzu has directed the Cabinet to assess the feasibility of providing financial rewards to residents of islands that achieve...
Gov’t Engages Stakeholders Amid Flight Concerns from Gulf Airspace Closures
Tourism Minister Thoriq Ibrahim has stated that the Maldives is closely monitoring the escalating conflict in the Middle East and is working...
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’...
Minister: Government Assessing Fallout from Widening Middle East Crisis
Finance Minister Moosa Zameer has stated that the Maldivian government is closely monitoring the potential economic fallout from the escalating conflict involving...