Electricity Bills Set to Drop as New Tariffs Roll Out
President Dr Mohamed Muizzu announced yesterday that he has instructed the relevant authorities to reduce electricity tariff rates for the domestic category,...
MVR 15.9 Million Issued in Agriculture Loans Under Government Scheme
The Ministry of Agriculture and Animal Welfare has revealed that a total of MVR 15.9 million has been disbursed in agricultural...
President Announces Electricity and Water Bill Discounts for Ramadan
President Mohamed Muizzu has announced that electricity and water bills will be discounted during Ramadan, ensuring that households do not face higher...
Kudahuvadhoo to Become Logistics Hub with New Port Development
The government has officially handed over a project to Maldives Ports Limited (MPL) for the development of a port in Dhaalu Atoll...
Maldives Launches USD 8.8 Billion Financial Centre to Reshape National Economy
The Maldives government has signed a landmark joint venture agreement with MBS Global Investments to establish the Maldives International Financial Centre...
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...
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...
Public Transport Struggles to Shift Gears in Malé’s Congestion Crisis
Despite expanding its bus fleet and recording millions of commutes annually, Greater Malé’s public transport system is still far from easing...
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...
PSIP Gap Widens as Only 9% of Funds Spent by Mid-May
Despite an ambitious Public Sector Investment Programme (PSIP) budget of MVR 12.4 billion for the year, only MVR 1.13 billion had been...
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...
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...
Maldives Ups Minimum Spend on Sovereignty Projects to USD 100 Million
President Dr Mohamed Muizzu has amended Presidential Decree No. 2025/6, significantly increasing the minimum investment threshold for strategic development projects deemed...
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...
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...
April Revenue Hits MVR 2.6 Billion, Led by GST and Green Tax
Government revenue collection for April 2025 reached MVR 2.60 billion, reflecting a notable 22.7 percent increase compared to April 2024, driven...
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...
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...
President Muizzu Inaugurates Muli Airport in Meemu Atoll
President Dr Mohamed Muizzu officially inaugurated Muli Airport in Meemu Atoll today. Although the government initially planned to open the airport on...
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...
President Ratifies Israeli Passport Ban, But Drops Clause on Dual Nationals
President Dr Mohamed Muizzu has ratified an amendment to the Maldives Immigration Act, enforcing a ban on the entry of Israeli...
President Floats Generational Tobacco Ban, Urges Traders to Exit the Industry
A generational ban on tobacco use is among new measures under consideration by the government, as President Dr Mohamed Muizzu outlines...
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...
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...
LATEST ARTICLES
HDC Confirms Transfer of ‘The Gardens’ Project to Rasheed Carpentry and Construction
Housing Development Corporation (HDC) confirmed yesterday that it had handed over “The Gardens” residential project in Hulhumale’ to Rasheed Carpentry and Construction...
Ooredoo Introduces New Offers for Eid Al-Adha Celebrations
Ooredoo Maldives has unveiled a range of exclusive offers to mark Eid Al-Adha, aimed at enhancing digital connectivity and fostering festive sharing...
MMA Reaffirms Commitment to Transparent Licensing Amid Unverified Claims
The Maldives Monetary Authority (MMA) has confirmed that it recently issued pre-operational permits to two parties in full compliance with established regulations....
Maldives and Japan Sign Grant Agreement to Continue HR Development Scholarships
The Governments of the Maldives and Japan have signed an Exchange of Notes to formalise a grant of 194 million Japanese Yen...
Maldives Welcomes Australia’s First-Ever High Commission
The government of Australia has officially opened its first-ever High Commission in the Maldives, marking a significant milestone in diplomatic relations between...
