Parliament Endorses Three Non-Resident Ambassador Nominations

Parliament has approved President Dr Mohamed Muizzu’s nominations for non-resident ambassadors to the Philippines, Spain, and New Zealand. The...

AgroNat to Resume Operations with Focus on Food Security

The government has announced that AgroNat Company, a state-owned enterprise established to support the agriculture sector, will resume operations with a revised...

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...

President’s Office Confirms Government Closure for Ramadan’s Final Days

The President's Office has announced that government offices will be closed for the last ten days of Ramadan, starting from Thursday, 20...

Gov’t Clears USD 100 Million Loan Amid Rising Debt Concerns

The Ministry of Finance and Planning has confirmed the repayment of a USD 100 million loan taken from Cargill Financial Services International,...

WAMCO Awarded Contract for Waste Management Projects in 32 Islands

The Waste Management Corporation (WAMCO) has been awarded a contract to construct waste management facilities and buildings in 32 islands across the...

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,...

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...

Gov’t Plans MVR 15 Billion Land Sale to Central Bank Amid Rising Debt Concerns

The Maldivian government is reportedly preparing to raise MVR 15 billion by selling a large plot of land in Hulhumale’ to the Maldives Monetary Authority...

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...

Investment Opportunities Opened for Gan Island Development in Gaafu Dhaalu Atoll

Gadhdhoo Council has announced exciting investment opportunities on the uninhabited island of Gan, located in Gaafu Dhaalu Atoll. Both Maldivian and international...

Gov’t Agencies Explore Ways to Enhance Agricultural Business Opportunities

The Ministry of Agriculture and Animal Welfare, together with the Maldives Industrial Development Free Zone Company (MIDFZ) and Agronet, has conducted discussions...

Food Safety Act Significantly Reduces Food-Related Issues in Maldives, MFDA Reports

The Maldives Food and Drugs Authority (MFDA) has reported a significant decline in food safety issues following the implementation of the Food...

Gov’t Introduces Additional Centres for Foreign Worker Biometric Updates

The Ministry of Homeland Security and Technology has announced the establishment of additional service points aimed at assisting foreign workers in updating...

Maldives Reimposes Restrictions on Bangladeshi Worker Recruitment

The government has reintroduced stricter regulations on recruiting Bangladeshi workers after initially easing restrictions in December 2023. The decision comes amid concerns...

Gov’t Seeks MVR 2.23 Billion in Treasury Bills

The Ministry of Finance has announced the latest treasury bill issuance, inviting investors to subscribe to MVR 2.23 billion in government securities. The issuance,...

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...

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...

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...

New Foreign Currency Regulation Sets Reporting & Compliance Standards

The Maldives Monetary Authority (MMA) has introduced the General Regulation on Foreign Currency, which came into effect on 28 February 2025. Enacted under...

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...

Consultancy Sought for Addu City’s 14km Bridge Link Project

The Maldives government has initiated plans for a major infrastructure project to connect Hithadhoo and Hulhumeedhoo in Addu City, aiming to enhance...

Electricity Demand in Male’ Falls Below Average During First Day of Ramadan

Electricity consumption in Male’ during peak hours on the first day of Ramadan was recorded at 78 megawatts, significantly lower than the...

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...

LATEST ARTICLES

President Muizzu Pledges Written Housing Guarantee for All Eligible Citizens by Year-End

President Dr Mohamed Muizzu has reaffirmed his administration’s commitment to addressing the Maldives’ housing crisis, announcing a bold initiative that will see...

Ministry Invites EOIs for Kinbidhoo–Veymandoo Causeway and Elaa Tourism Island Project

The Ministry of Construction, Housing and Infrastructure (MCHI) on Thursday invited Expressions of Interest (EOIs) for a major infrastructure project linking Thaa...

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,...

Dhiraagu Introduces Affordable Roaming Packages for 46 Countries

Dhiraagu has unveiled a new range of affordable roaming packages, offering seamless connectivity for customers travelling to 46 countries. This latest initiative...

President Establishes New State-Owned Infrastructure Development Company

President Dr Mohamed Muizzu officially established a new state-owned enterprise, Infrastructure Development Solution Company Limited, under Article 15 of the Companies Act...
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