Gov’t to Mobilise State-Run Companies to Complete Delayed Projects
President Dr Mohamed Muizzu has reaffirmed the government’s commitment to resuming and completing stalled development…
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News
STO Reports MVR 218 Million Net Profit in Q4 2024
State Trading Organization (STO) plc has reported a net profit of MVR 218 million for…
State-Owned Enterprises Ordered to Cap Directors’ Salaries at MVR 90,000
The Privatisation and Corporatisation Board (PCB) has ordered a salary cap of MVR 90,000 for…
Maldives and Saudi Arabia Reaffirm Strong Bilateral Ties in Riyadh Talks
The Minister of Foreign Affairs of the Maldives, Dr Abdulla Khaleel, met with his Saudi…
SIMDI Group Celebrates 24 Years of Excellence and Growth
SIMDI Group marked its 24th anniversary, celebrating nearly a quarter-century of growth, innovation, and commitment…
Ihavandhoo Fisheries Complex to Create 150 Jobs, Strengthen Industry
The Fisheries Complex being developed in HA. Ihavandhoo is expected to generate 150 jobs and…
Maldives and India Forge Ahead with Economic and Security Partnership
The first meeting of the High-Level Core Group (HLCG) between the Maldives and India was…
Gov’t Pushes for Foreign Exchange Compliance as USD 25 Million Enters Banks
President Dr Mohamed Muizzu has announced that over USD 25 million has been deposited and…
New HPA Regulation Mandates Stricter Safety Measures for Fibre Workplaces
The Health Protection Agency (HPA) has introduced new safety regulations for workplaces involved in fibre-related…
Rashu Expo 2025: A Tourism Spotlight Event
The Rashu Expo 2025, scheduled from 13th to 15th February 2025 at Hulhumalé Central Park, aims to bring…
Gov’t Unveils Mega Housing Development Initiative Across the Nation
The Maldivian government has unveiled an ambitious Public Housing Project to construct over 12,000 housing…
Foreign Minister Seeks to Enhance Maldives-Saudi Cooperation in Trade and Investment
The Minister of Foreign Affairs of the Republic of Maldives, Dr. Abdulla Khaleel, has commenced…
Maldives Seeks Closer Alignment with China in Message Marking Lunar New Year
On the occasion of the Chinese New Year, President Dr Mohamed Muizzu emphasised the Maldives’…
High Input Costs Stagnate Growth in the Maldives Construction Sector
The Maldives construction sector continues to face significant challenges, as rising input prices and stagnant…
Maldives and Saudi Arabia Explore Opportunities in Real Estate Development
Minister of Construction, Housing & Infrastructure, Dr. Abdulla Mutththalib, has held a bilateral meeting with…
Favara Expands: HBL, CBM, and Dhiraagu Fintech Onboarded
The Maldives Monetary Authority (MMA) has announced the onboarding of three new participants to its…
Low-Interest Loans to Drive Tourism Growth
The government has announced a series of economic initiatives aimed at driving tourism development and…
Indian High Commission Hosts Reception to Mark 76th Republic Day
The Indian High Commission in Maldives hosted a reception on Monday evening to celebrate India’s…
Maldives Ends 2024 with +4.80% Annual CPI Growth, Tobacco Leads Gains
The Maldives Bureau of Statistics has reported a +1.11% increase in the Consumer Price Index…
Tourism Minister Faisal Dismissed, Economic Minister Saeed Steps In
Tourism Minister Ibrahim Faisal has been dismissed from President Dr Mohamed Muizzu’s cabinet, with the…
Maldivian Travellers to Require UK ETA for Travel Starting January 2025
From 8 January 2025, Maldivian travellers are required to obtain an Electronic Travel Authorisation (ETA) before visiting the…
How the Maldives-China FTA Attracts Foreign Investment
The Free Trade Agreement (FTA) between the Maldives and China, which came into effect on 1…
Maldives and India Discuss Agricultural Cooperation and Food Security
The Maldives and India have explored potential avenues for cooperation in developing the agricultural sector…
CMC Denies Arbitration Rumours Over RasMale’ Reclamation Project
Sri Lanka’s Capital Marine and Civil Construction Company (CMC) has denied rumours that it is…