Cabinet Shake-Up Continues Following Election Setback
A number of cabinet ministers have stepped down from their positions, signalling a significant shift…
Section
Government
Fahmy Appointed MWSC Managing Director After Reshuffle
Hussain Fahmy has been appointed as the managing director of Male’ Water and Sewerage Company…
MWSC Managing Director Abdul Matheen Resigns Amid Wave of Leadership Changes
A series of leadership changes across state-owned enterprises has continued, with Male’ Water and Sewerage…
MIFCO CEO Steps Down After Tuna Can Price Reversal
Farhath Shaheer has resigned as Chief Executive Officer and Managing Director of Maldives Industrial Fisheries…
Addu Waste Management Project Expands to Include Harbour and Recycling Facility
Plans to expand waste management infrastructure in the southern Maldives are moving forward, with authorities…
Maldives Moves to Address Medicine Shortages Through Centralised Digital System
Persistent shortages of medicines remain one of the most widely reported challenges within the Maldives’…
Revenue Surge Masks Growing Reliance on Past Dues Recovery
Stronger tax inflows and a rebound in tourism pushed government revenue collections above expectations in…
PCB Orders SOEs to Cut Costs Amid Middle East Conflict Pressures
State-owned enterprises are being directed to reduce spending as authorities move to limit the economic…
Gov’t Moves to Expedite 80 Containers as Supply Delays Affect Market
Efforts are underway to ease emerging supply pressures in the Maldives, as authorities move to…
Land Reclamation in Th. Veymandoo Completed with 27 Hectares Added
Land reclamation works in Th. Veymandoo have been completed, adding a total of 27 hectares…
Post-Election Shake-Up Sees Senior Officials Exit State Posts
The removal and resignation of several senior officials across state institutions have drawn attention to…
Cities Minister Commits to Equal Cooperation Across Local Councils
The government has indicated it will maintain an impartial and collaborative approach in working with…
Central Bank Signals Strengthened FX Position Following Recent Reforms
The Maldives Monetary Authority has pointed to recent foreign currency reforms and policy coordination with…
Phase 3 of Taxiway Charlie Redevelopment Underway at Velana International Airport
Work has progressed on a key section of Velana International Airport’s airside infrastructure, with Phase…
Gov’t Settles USD 500 Million Sukuk, Easing Near-Term Debt Pressures
The Maldives government has cleared a major external debt obligation, settling the USD 500 million…
Mass Legalisation Program Submissions Now Open Until 2 May
Ministry of Homeland Security and Technology has extended the deadline to submit documentation for the…
Gov’t Offers MVR 3.5 Billion in New Treasury Bills
The government has invited investors to subscribe to a new series of Maldivian Rufiyaa Treasury…
Gov’t Says Flights Resuming and Supply Chains Stable Amid Middle East Disruptions
Air connectivity to the Maldives is showing signs of recovery after earlier disruptions linked to…
Gov’t Explores Eco-Friendly Transport to Address Cost Pressures
Efforts to address cost pressures and operational challenges in the Maldives’ transport sector are beginning…
Giraavaru Falhu Project Advances with Ongoing Land Reclamation Works
Progress on the Giraavaru Falhu land reclamation project, a key initiative linked to housing development…
Maldives Posts MVR 2.1 Billion Surplus as Revenue Rises and Spending Falls
The Maldives remained in fiscal surplus by mid-March, with stronger tax receipts more than offsetting…
Thilafushi Depot Expansion Aims to Relieve Pressure on Malé Ports
Maldives Ports Limited (MPL) is increasing capacity at its empty container depot in Thilafushi as…
Maldives Eyes Recurrent Spending Cuts as Deficit May Widen
The government is preparing a targeted cost-cutting plan as fiscal pressures persist, with rising external…
STO Plans 1,500-Tonne Gas Storage Expansion in Malé to Strengthen Supply
Efforts to stabilise cooking gas supply in the Maldives are moving towards longer-term storage capacity,…