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...
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...
Proposed Amendment to Tourism Act Seeks to Establish New Tourism Trust Fund
The government is looking to establish and regulate a Tourism Trust Fund under the Tourism Act instead of the Finance Act. The...
Gov’t Seeks MVR 2.23 Billion in Treasury Bills
The Ministry of Finance has announced the latest treasury bill issuance, inviting investors to subscribe to MVR 2.23 billion in government securities. The issuance,...
EOI Open for USD 35M Cargo Handling Facility at Thilafushi
An invitation for Expressions of Interest (EOI) has been announced for the development of a new cargo handling facility on Thilafushi...
Majority of Maldives’ 2024 Loans Directed to VIA Project as Debt Soars
The Maldivian government secured nine loans totalling USD 334 million (MVR 5.2 billion) in 2024, according to statistics released by the Ministry...
Immigration Reports Rise in Expatriates with Valid Visas at Malé Local Market
Maldives Immigration has reported an increase in the number of expatriates working at Malé City’s local market with valid visas, following a...
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...
Maldives 2.0: President Launches Vision for a Digital-First Nation
President Dr Mohamed Muizzu has announced a new national initiative, titled ‘Maldives 2.0’, aimed at digitising government operations and public services...
Maldives Fertility Rate Decline Tied to Cost of Living and Housing, Study Finds
A new study conducted by the Maldives National University (MNU) and the United Nations Population Fund (UNFPA) has identified the rising...
Gov’t Introduces Additional Centres for Foreign Worker Biometric Updates
The Ministry of Homeland Security and Technology has announced the establishment of additional service points aimed at assisting foreign workers in updating...
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...
Maldives Expands Aquaculture Zones to Include Lagoons and Offshore Areas
The Maldivian government has amended regulations to allow the lease of lagoons and offshore sea areas, those not under the jurisdiction...
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...
Gov’t Urges Employers to Complete Biometric Registration for Foreign Workers by End of April
The Ministry of Homeland Security and Technology has called on all employers in the Maldives to ensure that biometric registration for...
Operation Kurangi Collects Data on Over 25,000 Migrant Workers
The Ministry of Homeland Security and Technology has revealed the collection of biometric data on 1,455 migrant workers during a programme conducted...
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)...
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...
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...
PCB Updates Appointment Process for Senior Finance and Audit Roles in SOEs
The Privatisation and Corporatisation Board (PCB) has revised the eligibility criteria for Chief Financial Officers (CFOs) and Chief Internal Auditors (CIAs)...
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...
Government Launches New Hulhumalé Masterplan And Website
President Dr Mohamed Muizzu today unveiled the revised master plan for Hulhumalé, 24 years after the original plan was introduced. During a...
Investment Opportunities Opened for Gan Island Development in Gaafu Dhaalu Atoll
Gadhdhoo Council has announced exciting investment opportunities on the uninhabited island of Gan, located in Gaafu Dhaalu Atoll. Both Maldivian and international...
Rasmale’ Project Reclaims 101 Hectares as Work Continues
The landmark Rasmale’ Project is advancing steadily, with 101 hectares of land reclaimed so far, according to an update provided by...