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,...
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...
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...
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...
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...
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...
President’s Digital Vision Faces Hurdles as Public Trust Wanes
President Dr Mohamed Muizzu’s ambition to fully digitalise the Maldives’ healthcare and education sectors has ignited debate over whether the country is...
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...
LATEST ARTICLES
Can Cricket Heal the Maldives’ India Tourism Crisis?
The Maldives’ tourism industry has been thriving with record visitor numbers, yet one notable weak spot has emerged: tourist arrivals from...
Blackstone Eyes TMA in Deal Valued Under USD 500M, Deutsche Bank Seeks Financing Partners
Deutsche Bank is in discussions with lenders and private credit funds to arrange a USD 200 million loan to support Blackstone's...
Nikita Sharma to Speak at Sun Siyam Olhuveli Maldives on Cultivating a Positive Mindset
Sun Siyam Olhuveli Maldives is set to host a motivational session for its staff featuring Indian influencer and speaker Nikita Sharma...
CPI Rises 0.27% in February as Utilities and Telecoms See Price Hikes
The Maldives’ Consumer Price Index (CPI) rose by 0.27% in February 2025 compared to the previous month, showing a slight easing...
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,...
