Maldives Ups Minimum Spend on Sovereignty Projects to USD 100 Million

President Dr Mohamed Muizzu has amended Presidential Decree No. 2025/6, significantly increasing the minimum investment threshold for strategic development projects deemed...

Gov’t Eyes Fast-Paced Rollout of 550 Development Projects

President Dr Mohamed Muizzu has announced that physical work on more than 550 development projects—including both new and previously stalled initiatives—will...

Gov’t Seeks Contractors for Council Buildings Across Six Atolls

The government is moving ahead with plans to construct council secretariat buildings on islands across six atolls, with Minister of Cities,...

Travel Ban Lifted in Controversial Binveriyaa Land Allocation Case

Authorities have lifted the travel restrictions imposed on individuals implicated in the controversial allocation of land under the Binveriyaa housing scheme,...

Senior Officials Inspect Immigration Area of New Velana Terminal

Senior officials from Maldives Airports Company Ltd (MACL) and the Ministry of Homeland Security and Technology visited the New Passenger Terminal...

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...

Customs Investigates Suspected Cigarette Smuggling at VIA

Maldives Customs Service has launched an investigation following the discovery of cartons of cigarettes being removed from the departure terminal of...

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...

Minister Calls for Expanded Local Tourism to Support Hanimaadhoo Airport Development

Minister of Tourism and Environment Thoriq Ibrahim has highlighted the need to expand local tourism in the northern Maldives to ensure...

Maldives’ Development Bank CEO Steps Down Amid Ongoing Setup

Noel Gregor Paterson-Jones, Managing Director and CEO of the Development Bank of Maldives (DBM), has resigned from his position. The Privatisation...

Policy U-turn: Maldives Restores Dual Insurance Coverage

In a surprising policy U-turn, the Maldives government has reversed its earlier decision to phase out the dual health insurance system, reigniting...

Gov’t Sets Minimum Investment Targets for Major Development Projects

The Maldivian government has announced minimum investment requirements for several major development projects as part of its economic policy aimed at...

President Announces Major Infrastructure and Tourism Projects in New Decree

President Mohamed Muizzu has issued Presidential Decree No. 6/2025, introducing amendments to a previous decree that outlines projects eligible for cross-subsidy investment...

Tourism Minister Says New Law Will Address Delayed Resort Reopenings

Minister of Tourism and Environment Thoriq Ibrahim has stated that recent amendments to the Tourism Act will help address delays in reopening...

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...

Maldives Revises Tourism Act with New Development and Lease Rules

President Dr Mohamed Muizzu has ratified the 15th amendment to the Maldives Tourism Act, introducing significant changes to the legal framework governing...

President Tours New VIA Terminal as Opening Nears

President Dr Mohamed Muizzu visited the new passenger terminal at Velana International Airport (VIA) as construction nears completion. Accompanied by Cabinet Ministers,...

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...

HDC Audit Uncovers Irregularities in Binveriya Housing Scheme, Refers Cases to Police

The Housing Development Corporation (HDC) has referred cases related to the Binveriya housing scheme to the police following an internal audit that...

Maldives Introduces ReefSeed to Revive Coral Ecosystems

The Maldives has introduced a new coral restoration initiative called ReefSeed, designed to combat reef degradation and promote the recovery of vital...

Ahmed Imad Resigns as Deputy Governor of MMA Following Policy Disagreements

Ahmed Imad has resigned from his position as Deputy Governor of the Maldives Monetary Authority (MMA), citing recent decisions that he believes...

CFC Offers Loans for Agribusiness Ventures: Deadline Set for April 2025

The Common Fund for Commodities (CFC) has announced financial support for small to medium-sized agribusiness projects. The initiative aims to provide loans...

Maldives’ Aviation History Revived with ‘Dornier Wreck’ Dive Site

An old Dornier 228 aircraft that once belonged to Air Maldives has been submerged near Kudagiri Picnic Island to create a new...

STO Aims to End Medicine Shortages with New Supply Efforts

The State Trading Organisation (STO) has completed the sourcing of essential medicines, with distribution to islands now underway. The company announced on...

LATEST ARTICLES

U.S. Embassy in Maldives Reportedly Among Dozens Targeted for Closure in Leaked State Department...

The U.S. Embassy in Maldives, opened less than two years ago, has reportedly been listed among ten embassies recommended for closure,...

Visit Maldives Shifts Focus from ITB Berlin, Highlights ATM Dubai in New Strategy

Visit Maldives is placing increased emphasis on the Arabian Travel Market (ATM) in Dubai for 2025, reflecting a broader shift in...

Maldives Engages Turkish Business Community to Strengthen Economic Cooperation

Senior officials from the Maldives held discussions with leading members of Türkiye’s business community in Istanbul, aiming to strengthen economic ties...

Steady Progress Continues at Bayfancy Residence as Second-Floor Slab Casting is Completed

The construction of Bayfancy Residence is progressing steadily, with the project team completing the slab casting of the second floor and finalising...

Dhiraagu Malé Open Swimming Competition Returns on 24 May 2025

More than 350 swimmers are set to dive into the waters off Rasfannu, Malé, as the Dhiraagu Malé Open Swimming Competition...
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