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...
Gov’t Moves Towards Sustainable Transport with Electric Taxis Initiative
The Ministry of Transport and Civil Aviation, in collaboration with the Ministry of Tourism and Environment, has signed an agreement to introduce...
LATEST ARTICLES
Maldives and the Global South: A Strategic Recalibration Through India and Sri Lanka
Since the election of President Mohamed Muizzu in November 2023, Maldives’ foreign policy has undergone a profound recalibration. Once known for the...
STO Sees Resilient Second Quarter Despite Lower Revenue from Global Fuel Market
State Trading Organization (STO) reported steady performance for the second quarter of 2025, with strong profitability and improved liquidity, even as overall...
Embracing Paperless Accounting: Why Odoo is Gaining Ground in the Maldives
Maldivian businesses are steadily moving away from paper trails and spreadsheets, driven by the growing need to eliminate inefficiencies, reduce operational costs,...
Maldives Grants 90-Day Free On-Arrival Visas to Sri Lankan Tourists
Sri Lankan citizens travelling to the Maldives will now be eligible for a 90-day free on-arrival tourist visa, according to an announcement...
Dhiraagu Launches Colocation Services to Strengthen Maldives’ Digital Infrastructure
Dhiraagu has expanded its suite of enterprise services by introducing a new Colocation Service aimed at supporting businesses with secure and reliable...
