New Regulation in Maldives Mandates Propeller Guards for Excursion Vessels
The Maldivian government has announced a new regulation requiring excursion vessels to install propeller guards, aiming to enhance the conservation of whale...
Green Tax Revenue Up 72%, But Environmental Spending Lags Behind
Green Tax collections in the Maldives reached MVR 401.2 million by 20 March 2025, marking a notable increase from the MVR...
New Foreign Currency Regulation Sets Reporting & Compliance Standards
The Maldives Monetary Authority (MMA) has introduced the General Regulation on Foreign Currency, which came into effect on 28 February 2025. Enacted under...
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...
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...
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,...
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...
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,...
The Cost of Undermining Judicial Independence: Economic and Investment Risks
The recent proposal by the ruling People's National Congress (PNC) to reduce the number of Supreme Court justices from seven to five...
Hanimaadhoo International Airport Nears Completion with 83 Percent of Works Finalised
The development of Hanimaadhoo International Airport has reached 83 percent completion, according to an update released by the Regional Airports Company...
Report Highlights Data Gaps and Need for Enhanced Data Utilization to Strengthen Policymaking
The United Nations’ latest Annual Results Report for the Maldives has raised serious concerns over the country's limited availability of disaggregated...
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...
Health Minister Highlights Digital Transformation in Healthcare at IHD2025
Minister of Health, Abdulla Nazim Ibrahim, has reiterated the administration’s commitment to leveraging digital advancements to improve healthcare services nationwide. Speaking 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...
Parliament to Review Asna Hamdhy’s Nomination for MMA Deputy Governor
President Dr Mohamed Muizzu has nominated Aishath Asna Hamdhy for the post of Deputy Governor at the Maldives Monetary Authority (MMA),...
Uninhabited Islands Allocated to Councils for Economic Development
President Dr Mohamed Muizzu has approved the allocation of uninhabited islands to all local councils that submitted requests, marking a significant step...
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,...
Parliament Approves Aishath Asna Hamdi as Deputy Governor of MMA
Parliament has approved the appointment of Aishath Asna Hamdi as the new Deputy Governor of the Maldives Monetary Authority (MMA), following...
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...
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...
Slow Capital Spending Drives Maldives’ MVR 1.4 Billion Fiscal Surplus
The Ministry of Finance has released its Weekly Fiscal Developments Report for the period ending 13th February 2025, revealing that the Maldives recorded a budget surplus of MVR...
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...
Discussions Held on Traffic Flow Ahead of New VIA Terminal Opening
Authorities have held discussions to address potential changes to traffic flow around Velana International Airport (VIA) in preparation for the upcoming opening...
SDFC Managing Director Dismissed After One Year in Role
The Managing Director of the SME Development Finance Corporation (SDFC), Aishath Fifsheen Ali, has been dismissed from her position. The Privatisation and...