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...
World’s Tallest Navigation Span Segment Installed in Maldives Under GMCP
A major engineering milestone was reached on 3 April 2025 with the successful erection of the tallest precast navigation span segment...
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...
MACL Kicks Off Staff Awareness Sessions under ‘Green Airport’ Sustainability Drive
Maldives Airports Company Limited (MACL) has begun a series of employee awareness sessions aimed at strengthening sustainability efforts at Velana International...
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 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...
Economic Minister Reports Gains from Bunkering, Dismisses US Tariff Concerns
Minister of Economic Development and Trade, Mohamed Saeed, has said that the Maldives’ newly launched bunkering services are already proving to...
Public Transport Struggles to Shift Gears in Malé’s Congestion Crisis
Despite expanding its bus fleet and recording millions of commutes annually, Greater Malé’s public transport system is still far from easing...
Maldives Moves to Repeal and Replace 27-Year-Old Civil Aviation Act
A new bill proposing sweeping reforms to modernise the Maldives' aviation sector has been submitted to Parliament, with the aim of...
Operation Kurangi Event Organised for Migrant Workers in North Harbour
The Ministry of Homeland Security and Technology has announced that a special Operation Kurangi event will take place today for migrant workers in the...
Saudi Fund Extends Additional USD 17 Million Loan for VIA Terminal Project
The Government of Maldives has secured an additional USD 17 million (MVR 262 million) in financing from the Saudi Fund for...
April Revenue Hits MVR 2.6 Billion, Led by GST and Green Tax
Government revenue collection for April 2025 reached MVR 2.60 billion, reflecting a notable 22.7 percent increase compared to April 2024, driven...
Police Investigate Illegal Work Permit Scheme Involving Immigration Officials
The Maldives Police Service has uncovered a suspected illegal recruitment and money laundering operation involving a Bangladeshi national and several local...
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...
Hundreds Queue for 50 Jobs: A Glimpse into the Maldivian Job Market
The sight of nearly 900 people queuing outside Galolhu School on a Saturday morning, all hoping for one of just 50 Immigration...
Minister Calls for Expanded Local Tourism to Support Hanimaadhoo Airport Development
Minister of Tourism and Environment Thoriq Ibrahim has highlighted the need to expand local tourism in the northern Maldives to ensure...
Maldives to Launch National Cyber Security Operation Centre by Year-End
The Maldives is preparing to establish a National Cyber Security Operation Centre before the end of the year, as part of...
Travel Ban Lifted in Controversial Binveriyaa Land Allocation Case
Authorities have lifted the travel restrictions imposed on individuals implicated in the controversial allocation of land under the Binveriyaa housing scheme,...
Kudahuvadhoo to Become Logistics Hub with New Port Development
The government has officially handed over a project to Maldives Ports Limited (MPL) for the development of a port in Dhaalu Atoll...
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...
Gov’t Opens Subscription for New Round of Treasury Bills
The Ministry of Finance and Planning has invited subscriptions for a new series of Maldivian Rufiyaa-denominated Treasury Bills (T-Bills), offering investors...
Finance Ministry Cites Legal Hurdles in Delaying MITDC Closure
The government's plan to dissolve the Maldives Integrated Tourism Development Corporation (MITDC) has been delayed due to unresolved legal issues linked to...
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...
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...
LATEST ARTICLES
HDC Confirms Transfer of ‘The Gardens’ Project to Rasheed Carpentry and Construction
Housing Development Corporation (HDC) confirmed yesterday that it had handed over “The Gardens” residential project in Hulhumale’ to Rasheed Carpentry and Construction...
Ooredoo Introduces New Offers for Eid Al-Adha Celebrations
Ooredoo Maldives has unveiled a range of exclusive offers to mark Eid Al-Adha, aimed at enhancing digital connectivity and fostering festive sharing...
MMA Reaffirms Commitment to Transparent Licensing Amid Unverified Claims
The Maldives Monetary Authority (MMA) has confirmed that it recently issued pre-operational permits to two parties in full compliance with established regulations....
Maldives and Japan Sign Grant Agreement to Continue HR Development Scholarships
The Governments of the Maldives and Japan have signed an Exchange of Notes to formalise a grant of 194 million Japanese Yen...
Maldives Welcomes Australia’s First-Ever High Commission
The government of Australia has officially opened its first-ever High Commission in the Maldives, marking a significant milestone in diplomatic relations between...
