February 2025 Economic Update: An Overview of Growth, Inflation, and Public Debt
The Maldivian economy recorded a 6.5% real GDP growth in the third quarter of 2024, marking an…
Section
News
Maldives Reimposes Restrictions on Bangladeshi Worker Recruitment
The government has reintroduced stricter regulations on recruiting Bangladeshi workers after initially easing restrictions in…
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…
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…
India Discusses Collaboration with Maldives on Fisheries Development
India is engaged in discussions with the Maldives government to assist in promoting the island…
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…
Maldives’ January Imports at MVR 5.2 Billion, Exports Reach MVR 144 Million
The Maldives recorded imports worth MVR 5.2 billion in January 2025, with fuel accounting for…
Maldives Q4 2024 PPI: Tourism and Construction Surge, Utilities Decline
The Maldives Bureau of Statistics has released the Producer Price Index (PPI) for the fourth…
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…
Parliament Approves Non-Resident Ambassadors to Russia and Morocco
The Parliament has unanimously approved President Dr Mohamed Muizzu’s nominations for non-resident ambassadors to Russia…
Tobacco Imports Subject to Duty Under China-Maldives FTA, Confirms Minister
Economic Minister Mohamed Saeed has confirmed that tobacco products and cigarettes will not be exempt…
First Foreign CEO of MIFCO Removed From Position
Dr Vitaliy Lyubimov has been removed from his role as the Managing Director and Chief…
Ooredoo Maldives and Qatar Charity Complete Renovation of Hulhumalé Grand Mosque
Ooredoo Maldives, in partnership with Qatar Charity, has completed renovations on Masjid Al Sheikh Qasim bin…
New Foreign Currency Regulation Sets Reporting & Compliance Standards
The Maldives Monetary Authority (MMA) has introduced the General Regulation on Foreign Currency, which came into…
New MIRA Ruling Establishes Procedures for Reassessing Tax Amounts
The Maldives Inland Revenue Authority (MIRA) has issued a new tax ruling outlining the procedures…
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…
Maldivian Begins A330 Flights to Cochin and Trivandrum
The national airline, Maldivian, has commenced operations to Cochin and Trivandrum in India using its…
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…
Visit Maldives Prepares for an Unforgettable Summer with Game-Changing Campaigns
In an exclusive interview with Corporate Maldives, the Chairperson of Visit Maldives, Abdulla Ghiyas, revealed…
Health Ministry Clarifies Food Advertising Rules Amid Business Concerns
The Ministry of Health has clarified the requirements for advertising food and beverage products following…
STO Opens Applications for Public Shareholders’ Board Representative
State Trading Organization (STO) has opened applications for the position of public shareholders’ representative on…
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…
Fines Imposed for Goods Transport Violations During Ramadan
The Ministry of Transport has announced designated hours for commercial goods transportation during Ramadan, imposing…
Maldivian Launches ‘Fly with a Smile’ Campaign in Fuvahmulah
Maldivian, the national airline of the Maldives, has launched its latest initiative, the ‘Fly with a…