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...
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).
Maldives International Financial Services Authority Placed Under Finance Ministry
President Dr Mohamed Muizzu has designated the Maldives International Financial Services Authority (MIFSA) as an institution operating under the Ministry of Finance...
Pension Office Board Welcomes Two New Private Sector Representatives
Two individuals have been appointed as board members representing the private sector at the Maldives Pension Administration Office (MPAO).
President Declares Extended Government Holiday for Eid al-Fitr
President Dr Mohamed Muizzu has announced that the week in which Eid al-Fitr falls will be observed as a government holiday this...
Finance Ministry Cites Legal Hurdles in Delaying MITDC Closure
The government's plan to dissolve the Maldives Integrated Tourism Development Corporation (MITDC) has been delayed due to unresolved legal issues linked to...
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...
AgroNat to Resume Operations with Focus on Food Security
The government has announced that AgroNat Company, a state-owned enterprise established to support the agriculture sector, will resume operations with a revised...
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...
President’s Office Confirms Government Closure for Ramadan’s Final Days
The President's Office has announced that government offices will be closed for the last ten days of Ramadan, starting from Thursday, 20...
Gov’t Clears USD 100 Million Loan Amid Rising Debt Concerns
The Ministry of Finance and Planning has confirmed the repayment of a USD 100 million loan taken from Cargill Financial Services International,...
WAMCO Awarded Contract for Waste Management Projects in 32 Islands
The Waste Management Corporation (WAMCO) has been awarded a contract to construct waste management facilities and buildings in 32 islands across the...
Mariyam Shamma Ismail Appointed as New Registrar of Companies
The government has appointed Uza. Mariyam Shamma Ismail as the new Registrar of Companies, following the resignation of her predecessor, Mariyam Visam,...
Ahmed Zayan Resigns from MMA Board as Government Faces Economic Criticism
Ahmed Zayan Mohamed, the Ministry of Finance's representative on the Maldives Monetary Authority (MMA) board, has tendered his resignation, with his notice...
Gov’t Plans MVR 15 Billion Land Sale to Central Bank Amid Rising Debt Concerns
The Maldivian government is reportedly preparing to raise MVR 15 billion by selling a large plot of land in Hulhumale’ to the Maldives Monetary Authority...
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...
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...
Gov’t Agencies Explore Ways to Enhance Agricultural Business Opportunities
The Ministry of Agriculture and Animal Welfare, together with the Maldives Industrial Development Free Zone Company (MIDFZ) and Agronet, has conducted discussions...
Food Safety Act Significantly Reduces Food-Related Issues in Maldives, MFDA Reports
The Maldives Food and Drugs Authority (MFDA) has reported a significant decline in food safety issues following the implementation of the Food...
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 Reimposes Restrictions on Bangladeshi Worker Recruitment
The government has reintroduced stricter regulations on recruiting Bangladeshi workers after initially easing restrictions in December 2023. The decision comes amid concerns...
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,...
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...
Registrar of Companies Mariyam Visam Resigns After a Decade in Office
The Registrar of Companies, Mariyam Visam, has stepped down from her position at the Ministry of Economic Development. Her resignation is effective...
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...
