Anticipating Higher Demand, STELCO Expands Energy Capacity for Ramadan
With Ramadan approaching, the State Electric Company Limited (STELCO) has announced measures to manage the anticipated rise in electricity consumption in the...
Dhidhdhoo Joins WAMCO’s Expanding Waste Management Network
The Waste Management Corporation Limited (WAMCO) has expanded its services to Dhidhdhoo, Haa Alifu Atoll, further broadening its waste management network across...
Bodufinolhu Now Part of L. Gan Following Presidential Decree
President Dr. Mohamed Muizzu has officially designated Bodufinolhu, an island in Laamu Atoll, under the jurisdiction of L. Gan. The change was enacted through amendments...
Slow Capital Spending Drives Maldives’ MVR 1.4 Billion Fiscal Surplus
The Ministry of Finance has released its Weekly Fiscal Developments Report for the period ending 13th February 2025, revealing that the Maldives recorded a budget surplus of MVR...
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
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...
ADK Hospital to Commence MVR 120 Million Bond Issuance, Initial Tranche Set at MVR...
ADK Hospitals Private Limited is poised to open subscription for their MVR 120 million bond issuance, with the first tranche of MVR...
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...
