Maldives Declares ‘Project Solar City’ as First Special Economic Zone
President Dr Mohamed Muizzu has declared “Project Solar City” as the Maldives’ first Special Economic Zone (SEZ), following the issuance of Presidential...
Maldives Launches MVR 250M Islamic Social Finance Initiative
A new social financing initiative focused on expanding Islamic Finance and addressing community needs was officially launched in the Maldives on...
Maldives to Link Favara with India’s UPI to Ease Cross-Border Payments
The Maldives Monetary Authority (MMA) has signed an agreement with NPCI International Payments Limited (NIPL) to connect Favara, the Maldives’ national instant...
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...
MMA Opens Applications for 2025 Tamweel Islamic Finance Scholarships
The Maldives Monetary Authority (MMA) has opened applications for its 2025 Tamweel Islamic Finance Scholarship, offering a range of fully and partially...
Government Raises MVR 2.87 Billion Through Latest T-Bill Issuance
The Ministry of Finance and Planning has announced the successful sale of MVR 2.87 billion in Treasury Bills (T-Bills) under Series...
President Establishes Greater Malé Financial District Limited to Drive Economic Innovation
President Dr Mohamed Muizzu announced the formation of a new state-owned enterprise, Greater Malé Financial District Limited, under Article 15 of the...
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...
Parliament to Probe MFMC Over Stalled Addu Hankede Development
Central Hithadhoo MP Ahmed Azaan has submitted a request to the Speaker of Parliament to summon officials from the Maldives Fund...
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...
Customs Seizes Over 13 Million Cigarettes in Smuggling Operation
Maldives Customs Service has seized over 13 million cigarette sticks in a recent smuggling interception at the sea cargo terminal.
PCB Announces New Leadership: Ayesha Nur’ain Janah to Head MACL, Ahmed Shaheer to Chair...
The Privatisation and Corporatisation Board (PCB) appointed new chairpersons to the boards of two major state-owned enterprises—Maldives Airports Company Ltd (MACL) and...
MMPRC Acknowledges Financial Losses, Outlines Reforms and Marketing Push
The Maldives Marketing and Public Relations Corporation (MMPRC) has responded to heightened scrutiny over its financial performance, after audit and parliamentary reports...
Maldives’ Construction Waste Disposal System Set for Completion by July
The Maldives' long-awaited construction waste disposal system is expected to be completed by July this year, according to Minister of Tourism...
President Muizzu Visits Liverpool to Kick Off Tourism Campaign with Liverpool FC
President Dr Mohamed Muizzu has departed for Liverpool, United Kingdom, to inaugurate a high-profile tourism promotion campaign in partnership with Liverpool...
Travel Agencies Given Final Deadline to Submit Annual Reports or Face Licence Revocation
The Ministry of Tourism and Environment has issued a final extension for registered travel agencies in the Maldives to submit their annual...
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...
Maldives 2.0 Summit Concludes with National Digital Commitment Presented to President
The ‘Maldives 2.0 Digital Transformation Summit’ concluded with a ceremonial presentation of the National Digital Commitment to President Dr Mohamed Muizzu,...
New Animal Protection Bill Proposes Fines Up to MVR 1 Million
The government has submitted the Animal Care and Protection Bill to Parliament, proposing a legal framework for the care, husbandry, and trade...
Gov’t Eyes Fast-Paced Rollout of 550 Development Projects
President Dr Mohamed Muizzu has announced that physical work on more than 550 development projects—including both new and previously stalled initiatives—will...
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...
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...
New MIRA Ruling Establishes Procedures for Reassessing Tax Amounts
The Maldives Inland Revenue Authority (MIRA) has issued a new tax ruling outlining the procedures for redetermining previously assessed tax amounts in...
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...
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...
