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...
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...
More Island Leases Under Review as Government Targets Inactivity
The government has begun taking back leased islands and lagoons where developers have failed to meet contract obligations, starting with Minaavaru...
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...
Health Ministry Clarifies Food Advertising Rules Amid Business Concerns
The Ministry of Health has clarified the requirements for advertising food and beverage products following concerns from small businesses and individual service...
Maldives Signs Agreement to Install Battery Storage Systems on 18 Islands
The Maldivian government has signed a landmark agreement to deploy 38 megawatt-hours (MWh) of battery energy storage systems (BESS) alongside energy...
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...
MIRA Issues Guidance on Input Tax Claims for Capital Expenditure Under GST
The Maldives Inland Revenue Authority (MIRA) has issued a new guide to clarify how registered businesses can claim input tax under...
MIRA Reveals 146 Businesses Owe Over MVR 600,000 in Unpaid GST
The Maldives Inland Revenue Authority (MIRA) has published the names of 146 establishments with overdue Goods and Services Tax (GST) of at...
Maldives Ends 2024 With MVR 1.61 Billion Green Fund Balance Despite High December Spending
The latest Green Fund Report published by the Ministry of Finance and Planning shows that the Maldives Green Fund collected MVR 109.46 million in December 2024,...
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...
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...
World’s Tallest Navigation Span Segment Installed in Maldives Under GMCP
A major engineering milestone was reached on 3 April 2025 with the successful erection of the tallest precast navigation span segment...
Public Can Now Track Essential Goods Prices via Agu Magu Portal
The Ministry of Economic Development and Trade has officially launched the Agu Magu Portal, a new platform designed to provide the public with...
Maldives Launches First Overseas Passport and ID Issuance in Malaysia
The Maldives has launched its first overseas passport and identity card issuance service in Malaysia, marking a significant milestone in making...
Fines Imposed for Goods Transport Violations During Ramadan
The Ministry of Transport has announced designated hours for commercial goods transportation during Ramadan, imposing fines for violations under the Road Traffic...
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 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...
Gov’t Issues New Treasury Bills Amid Soaring Local Debt Exposure
The Government of Maldives has announced a fresh round of treasury bill (T-bill) offerings totalling MVR 1.25 billion, as it continues...
Hundreds Queue for 50 Jobs: A Glimpse into the Maldivian Job Market
The sight of nearly 900 people queuing outside Galolhu School on a Saturday morning, all hoping for one of just 50 Immigration...
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 Opens Subscription for New Round of Treasury Bills
The Ministry of Finance and Planning has invited subscriptions for a new series of Maldivian Rufiyaa-denominated Treasury Bills (T-Bills), offering investors...
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...
Central Bank Board Reshaped as Government Fills Two Vacancies
The government has appointed two new members to the Board of Directors of the Maldives Monetary Authority (MMA), following the resignation...