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...