MMA Increases Dollar Allocation to Banks to Improve SME Access

The Maldives Monetary Authority (MMA) has announced a 10 percent increase in the amount of US dollars allocated to local banks for...

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...

Authorities Investigating Over 2,400 Foreign Worker Cases Amid Wider Crackdown

The Labour Relations Authority (LRA) has confirmed it is currently investigating 2,457 cases involving foreign workers, as part of a wider...

Bodufinolhu Now Part of L. Gan Following Presidential Decree

President Dr. Mohamed Muizzu has officially designated Bodufinolhu, an island in Laamu Atoll, under the jurisdiction of L. Gan. The change was enacted through amendments...

Economic Infrastructure Projects Announced During President’s Visit to Noonu Atoll

President Dr Mohamed Muizzu’s recent tour of South Miladhunmadulu Atoll included several announcements tied to economic infrastructure and local development, with updates...

Gulhifalhu Land Allocation Revised to Expedite Registrations

The government has announced a significant revision to the Gulhifalhu Land Use Plan, confirming that all residential plots allocated under the...

Development Bank Denies Former CEO’s Claims of Unpaid Salary

The former CEO and Managing Director of the Maldives Development Bank, Noel Gregor Paterson-Jones, filed a complaint with the Employment Tribunal...

Maldives Expo 2025 Honours National Creativity Ahead of Grand Public Opening

President Dr Mohamed Muizzu attended the Maldives Expo 2025 Award Ceremony on Thursday evening at the Maldives Centre for Social Education (MCSE),...

VIA Terminal Water Connection Complete Ahead of 26 July Launch

Velana International Airport (VIA) has taken a significant step forward in preparations for the opening of its new international terminal, with 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 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...

PCB Leadership Changes as Mohamed Anas Takes Over

President Dr Mohamed Muizzu has appointed Mohamed Anas as the new President of the Privatisation and Corporatisation Board (PCB).

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...

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...

Maldives Moves to Repeal and Replace 27-Year-Old Civil Aviation Act

A new bill proposing sweeping reforms to modernise the Maldives' aviation sector has been submitted to Parliament, with the aim of...

President Floats Generational Tobacco Ban, Urges Traders to Exit the Industry

A generational ban on tobacco use is among new measures under consideration by the government, as President Dr Mohamed Muizzu outlines...

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...

President Muizzu Inaugurates Muli Airport in Meemu Atoll

President Dr Mohamed Muizzu officially inaugurated Muli Airport in Meemu Atoll today. Although the government initially planned to open the airport on...

President Addresses Medicine Shortage: STO Pharmacies to Stock Essential Medicines

President Dr Mohamed Muizzu has declared that all medications listed on the Maldives Food and Drug Authority (MFDA) essential medicine list will...

STELCO to Offer Minimum 10% Discount on Electricity Bills During Ramadan

STELCO has announced that all households will receive a discount of at least 10% on their electricity bills during the month of...

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...

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...

Household Visits Underway for 2025 Labour Force Survey

The Maldives Bureau of Statistics (MBS) has commenced fieldwork for the Labour Force Survey 2025, with enumerators visiting randomly selected households in...

Parliament Endorses Three Non-Resident Ambassador Nominations

Parliament has approved President Dr Mohamed Muizzu’s nominations for non-resident ambassadors to the Philippines, Spain, and New Zealand. The...

LATEST ARTICLES

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...

Embracing Paperless Accounting: Why Odoo is Gaining Ground in the Maldives

Maldivian businesses are steadily moving away from paper trails and spreadsheets, driven by the growing need to eliminate inefficiencies, reduce operational costs,...

Maldives Grants 90-Day Free On-Arrival Visas to Sri Lankan Tourists

Sri Lankan citizens travelling to the Maldives will now be eligible for a 90-day free on-arrival tourist visa, according to an announcement...

Dhiraagu Launches Colocation Services to Strengthen Maldives’ Digital Infrastructure

Dhiraagu has expanded its suite of enterprise services by introducing a new Colocation Service aimed at supporting businesses with secure and reliable...
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