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...
Public Can Now Track Essential Goods Prices via Agu Magu Portal
The Ministry of Economic Development and Trade has officially launched the Agu Magu Portal, a new platform designed to provide the public with...
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...
New Finance Rules Permit Government Projects Without Competitive Bidding
The government has changed public finance regulations, allowing the procurement of goods and services without a competitive bidding process for the next...
STELCO Deploying 350 Employees for Single-Day Electricity Meter Readings
State Electric Company Limited (STELCO) is set to dispatch 350 employees tomorrow to conduct electricity meter readings across the Malé area in...
LATEST ARTICLES
Maldives Supports Key Human Rights Resolutions at UN Council’s 59th Session
The 59th Session of the United Nations Human Rights Council concluded in Geneva yesterday, with the Maldives maintaining an active presence throughout...
AI in Healthcare Must Be People-Centred, Say Global Experts. Is Maldives Ready?
As countries around the world turn to artificial intelligence (AI) to transform their health systems, the Maldives too stands at a critical...
On World Population Day, President Urges Youth-Centred Policy Shift
On the occasion of World Population Day, President Dr Mohamed Muizzu delivered a clear message: the Maldives must invest more in its...
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...
PCB Mandates Master’s Degree for SOE Chairperson Appointments
The Privatization and Corporatization Board (PCB) has revised the eligibility criteria for appointing chairpersons at state-owned enterprises (SOEs), making academic qualifications a...
