STELCO Aims to Complete Smart Meter Rollout by End of September
State Electric Company (STELCO) has announced that it expects to complete the rollout of smart meters by the end of September, replacing...
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...
Maldivian Coast Guard Intercepts Foreign Fishing Boats in EEZ
The Maldives National Defence Force (MNDF) Coast Guard has detained two Sri Lankan fishing vessels for allegedly operating illegally within the Maldives’...
PCB Leadership Changes as Mohamed Anas Takes Over
President Dr Mohamed Muizzu has appointed Mohamed Anas as the new President of the Privatisation and Corporatisation Board (PCB).
Development Bank Denies Former CEO’s Claims of Unpaid Salary
The former CEO and Managing Director of the Maldives Development Bank, Noel Gregor Paterson-Jones, filed a complaint with the Employment Tribunal...
Green Tax and TGST Boost Government Revenue in June
The Maldives Inland Revenue Authority (MIRA) has reported a notable increase in revenue collection for June 2025, with total collections reaching MVR...
Maldives’ Development Bank CEO Steps Down Amid Ongoing Setup
Noel Gregor Paterson-Jones, Managing Director and CEO of the Development Bank of Maldives (DBM), has resigned from his position. The Privatisation...
Cabinet Reviews Progress of Key Infrastructure Projects in Working Session
The Cabinet convened a working session at the President’s Office on Tuesday to assess the progress of the government’s priority infrastructure...
New Arts Support and Cinema Development Announced at Ahaa Forum
The government is preparing to issue financial assistance to artists under a new support scheme set to launch next month. The initiative...
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...
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,...
Proposed Amendment to Tourism Act Seeks to Establish New Tourism Trust Fund
The government is looking to establish and regulate a Tourism Trust Fund under the Tourism Act instead of the Finance Act. The...
Maldives’ Aviation History Revived with ‘Dornier Wreck’ Dive Site
An old Dornier 228 aircraft that once belonged to Air Maldives has been submerged near Kudagiri Picnic Island to create a new...
Minister Saeed: Port Network Expansion Key to Economic Decentralisation
Economic Development and Trade Minister Mohamed Saeed has reaffirmed the government’s commitment to a nationwide expansion of commercial port infrastructure, signalling...
Parliamentary Committee Backs Asna Hamdi for Deputy Governor Role at MMA
The Parliamentary Public Accounts Committee has recommended the appointment of Aishath Asna Hamdi as the new Deputy Governor of the Maldives...
Mariyam Shamma Ismail Appointed as New Registrar of Companies
The government has appointed Uza. Mariyam Shamma Ismail as the new Registrar of Companies, following the resignation of her predecessor, Mariyam Visam,...
Tourism Minister Says New Law Will Address Delayed Resort Reopenings
Minister of Tourism and Environment Thoriq Ibrahim has stated that recent amendments to the Tourism Act will help address delays in reopening...
Fishermen Register to Improve Financial Access and Social Benefits
The government’s newly established fishermen membership register will provide crucial social protection and financial opportunities for local fishermen, Minister of Fisheries 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...
Ahmed Zayan Resigns from MMA Board as Government Faces Economic Criticism
Ahmed Zayan Mohamed, the Ministry of Finance's representative on the Maldives Monetary Authority (MMA) board, has tendered his resignation, with his notice...
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.
Finance Ministry Announces Sale of Treasury Bills Worth Over MVR 4 Billion
The Ministry of Finance and Planning has announced the sale of Treasury Bills worth MVR 4.3 billion, inviting subscriptions ahead of a...
Parliament to Review Asna Hamdhy’s Nomination for MMA Deputy Governor
President Dr Mohamed Muizzu has nominated Aishath Asna Hamdhy for the post of Deputy Governor at the Maldives Monetary Authority (MMA),...
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...
LATEST ARTICLES
Ooredoo Delivers Q2 Profit, Marks 20 Years of Innovation
Ooredoo Maldives closed the second quarter of 2025 with a net profit of MVR 167.9 million, maintaining its profit margin at 31.1...
Maldives Maintains Budget Surplus as Development Spending Stagnates
The Maldives recorded a budget surplus of MVR 1.05 billion as of 17 July 2025, according to the Ministry of Finance’s latest Weekly...
Minister Thoriq, US Ambassador Discuss Clean Energy Investments in Maldives
The Government of the Maldives and the United States have reaffirmed their commitment to environmental collaboration, following high-level talks between Minister of...
dusitD2 Feydhoo Maldives Opens Following Strategic Acquisition Through AWG Consulting
A new chapter has begun in Maldivian tourism with the official opening of dusitD2 Feydhoo Maldives, a resort developed on an island...
Ooredoo Maldives Celebrates 20 Years with Special Offers and Grand Prizes
Ooredoo Maldives has launched a series of promotional offers to mark its 20th anniversary, thanking customers for their loyalty over the past...
