April Revenue Holds Steady at MVR 2.63 Billion Despite Tourism-Linked Declines
The state collected MVR 2.63 billion in revenue in April 2026, broadly holding last year’s…
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News
New Bill Seeks Privacy Rules for Maldives’ Digital Systems
The Maldives is moving towards a formal legal regime for digital privacy, as the government…
President Muizzu Defends Dollar Policy as BML Tightens Foreign Currency Controls
President Dr Mohamed Muizzu has defended the government’s handling of the dollar shortage and limits…
Maldives Calls for Fair Regional Approach to Tuna Sustainability
Minister of Fisheries, Agriculture, and Ocean Resources Ahmed Shiyam has said the Maldives continues to…
Gov’t Considering Assistance for Tourism Businesses Amid Arrival Decline
President Dr Mohamed Muizzu has said the government is reviewing possible support measures for the…
President Says USD 50 Million India Loan Due in May Has Been Repaid
President Dr Mohamed Muizzu has said the government has repaid a USD 50 million loan…
Addu Business Dialogue to Focus on SMEs, Investment, and Regional Growth
Registration has opened for the Addu Business Dialogue, a two-day forum aimed at increasing the…
Tourism Industry Seeks Emergency Support as Losses Exceed USD 500 Million
Maldives tourism industry groups have called for urgent government intervention after estimating that losses to…
Tourist Arrivals Down 13.6% in Early May as External Pressures Mount
Tourist arrivals to the Maldives fell in the first nine days of May 2026, reflecting…
Gov’t Urges Caution on Public Remarks Affecting Foreign Relations
The government and former President Mohamed Nasheed have taken differing positions on how foreign policy…
Maldives Seeks Wider Climate Support During Türkiye Climate Meeting
The Maldives has called for stronger international cooperation on climate action, with Minister of Climate…
Gov’t Sets Six-Month Timeline for Undocumented Worker Deportations
The government has set a six-month timeline to intensify deportation operations targeting undocumented foreign workers,…
MATI Chairman Highlights Importance of BML’s Financing for Tourism Growth
Bank of Maldives’ continued financing support for the tourism sector has been recognised by Maldives…
STO Launches Fini Fini Promo for Hitachi ACs
STO General Trading has launched the Fini Fini Promo, offering discounted prices on Hitachi air…
MMA Figures Reveal Scale of State Foreign Currency Drain After Sukuk Repayment
The Maldives’ April balance sheet offers a rare look at how quickly sovereign foreign currency…
Private Sector Credit Peaks at 14% as Banks Fuel New Resort and Guesthouse Developments
Private sector credit in the Maldives rose by 14 percent at the end of March…
BML Moves Closer to International Debt Market Entry After Investor Roadshow
Bank of Maldives is moving towards a potential entry into international debt capital markets, a…
Gov’t Claims Debt Repayments Did Not Affect US Dollar Reserves
Chief Government Spokesperson Mohamed Hussain Shareef said debt repayments made over the past month did…
Economic Minister Says STO Bunkering Revenue Nears MVR 1 Billion
STO’s bunkering service has generated close to MVR 1 billion in revenue since its launch,…
Malé Taxi App to Launch Within a Week, Economic Minister Says
Minister of Economic Development and Trade Mohamed Saeed said the mobile application developed for the…
Local Island Tourism Holds Ground Amid Tourist Arrival Slump
The Maldives’ March tourism slowdown appears to have exposed a widening split within the hospitality…
International Seminar on Social Security Sustainability Opens in Maldives
An international seminar in the Maldives is bringing regional attention to the financial pressures facing…
President Muizzu Returns After State Visit to Sri Lanka
President Dr Mohamed Muizzu and First Lady Sajidha Mohamed have returned to Malé following the…
Tradian Expands Border Services with New Permit Applications
The expansion of Tradian will move more border-related processes into the Maldives’ national digital trade…