Maldives Collects MVR 2.18 Billion in May, Beating Forecasts

Maldives Inland Revenue Authority (MIRA) reported a total revenue collection of MVR 2.18 billion in May 2025, marking a 30.5 percent increase...

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...

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...

Pension Office Board Welcomes Two New Private Sector Representatives

Two individuals have been appointed as board members representing the private sector at the Maldives Pension Administration Office (MPAO).

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’s 2025 Tax Help Programme Targets Individuals Earning Under MVR 10M

The Maldives Inland Revenue Authority (MIRA) has officially launched its Income Tax Assistance Programme 2025, offering targeted support to taxpayers required...

New Maldives Transportation Safety Board Established to Oversee Land, Sea, and Air Incidents

President Dr Mohamed Muizzu has established the Maldives Transportation Safety Board, a new Government body tasked with enhancing the safety of...

STO Aims to End Medicine Shortages with New Supply Efforts

The State Trading Organisation (STO) has completed the sourcing of essential medicines, with distribution to islands now underway. The company announced on...

Gov’t Sets Minimum Investment Targets for Major Development Projects

The Maldivian government has announced minimum investment requirements for several major development projects as part of its economic policy aimed at...

Gov’t Seeks Contractors for Council Buildings Across Six Atolls

The government is moving ahead with plans to construct council secretariat buildings on islands across six atolls, with Minister of Cities,...

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...

Health Minister Highlights Digital Transformation in Healthcare at IHD2025

Minister of Health, Abdulla Nazim Ibrahim, has reiterated the administration’s commitment to leveraging digital advancements to improve healthcare services nationwide. Speaking at...

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...

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,...

Talks Held with JIRCAS to Introduce High-Nutrition Crops in Maldives

Maldives has entered discussions with the Japan International Research Center for Agricultural Sciences (JIRCAS) to explore avenues for strengthening the island nation’s...

Cabinet Approves Sale of Government Stake in SDFC to Bank of Maldives

The Government has approved the sale of its stake in the SME Development Finance Corporation (SDFC) to the Bank of Maldives (BML),...

Gov’t Seeks Investor Input for Laamu Fonadhoo Port and Bunkering Project

The Government of Maldives has issued a Request for Expression of Interest (REOI) inviting qualified and reputable investors to engage in a...

PCB Dismisses Mohamed Waheed from Housing Development Corporation

Mohamed Waheed has been removed from the board of directors of the Housing Development Corporation (HDC), according to an announcement by...

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...

Gov’t to Launch Agricultural Zone Pilot in Laamu, Says Minister Mariya

The government is preparing to launch a pilot project in Laamu Atoll under the Agricultural Economic Zone initiative, Minister of Agriculture...

President’s Office Discloses 922 Political Appointees

The President’s Office has publicly disclosed that 922 individuals are currently appointed to political positions under Article 115(f) of the Constitution. This...

Gov’t Launches SFD-Financed Housing Development in Hulhumalé

A major new housing development was launched yesterday in Hulhumalé, with support from the Saudi Fund for Development (SFD). The project,...

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...

Maldivian Expands Domestic Network with Muli Route

Maldivian, the national airline of the Maldives, has announced the launch of direct flights to Meemu Muli, introducing scheduled air connectivity...

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...
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