Dhiraagu’s “Win a Speedboat” Promotion Nears Deadline
Dhiraagu customers have just over a week left to enrol in the company’s latest promotional…
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News
Maldives Pension Administration Office Recognised at ISSA Good Practice Awards 2024
The Maldives Pension Administration Office (MPAO) has been recognised for its innovative approaches to pension…
Gov’t Expenditure Rises Amid Declines in Development Spending
According to the latest Weekly Fiscal Developments report published by the Ministry of Finance, the Maldives government’s…
Maldives Seeks Commissioner of Reform to Lead Economic Overhaul
The Ministry of Finance has released detailed terms of reference for the position of Commissioner…
President Muizzu Lauds High Commissioner Mahawar’s Contributions to Bilateral Partnership
The High Commissioner of India to the Maldives, Munu Mahawar, made a farewell call on…
Maldives’ Economic Growth Decelerates Amid Mixed Sector Performance
The Maldives Monetary Authority’s November 2024 Economic Update reveals a tempered economic growth trajectory, with…
President Muizzu Meets Fishermen to Address Industry Challenges
President Dr Mohamed Muizzu convened a meeting with fishermen at the President’s Office yesterday to…
Gov’t Responds to Moody’s Credit Rating Confirmation
On 3rd December 2024, Moody’s confirmed the Maldives’ long-term local and foreign currency issuer rating…
First National Real Estate and Hospitality Fund Launches in the Maldives
The Maldives has welcomed a significant addition to its investment landscape with the launch of…
President Muizzu Ratifies Fiscal Responsibility and Debt Management Laws
President Dr. Mohamed Muizzu ratified the National Fiscal Responsibility Bill and the National Debt Bill…
Maldives Crowned World’s Leading Green Destination for 2024
The Maldives has been named the World’s Leading Green Destination at the 2024 World Travel…
Maldives Showcases Luxury Tourism at ILTM Cannes 2024
The Maldives Marketing and Public Relations Corporation (MMPRC) is showcasing the Maldives’ luxury travel offerings…
Moody’s Confirms Maldives’ Caa2 Rating with Negative Outlook
Moody’s Ratings has confirmed the Maldives’ long-term local and foreign currency issuer ratings at Caa2…
Chinese Ambassador Bids Farewell to Maldives, Strengthens Bilateral Ties
The Ambassador of the People’s Republic of China to the Maldives, Wang Lixin, paid a…
Ooredoo Maldives Launches Truly Unlimited SuperNet Plans
Ooredoo Maldives has introduced an unprecedented upgrade to its SuperNet services, offering customers truly unlimited…
Sea-to-Air Cargo Service at VIA Reaches Milestone with 1,000 Tons Transported
The Maldives Airports Company Limited (MACL) has announced that its sea-to-air cargo service at Velana…
Finance Minister Asserts Bankruptcy Warnings Have Ceased
Finance Minister Moosa Zameer has stated that international financial institutions, including the International Monetary Fund…
Money Changing Licenses Expire as MMA Receives 98 Applications Under the New Regulation
The Maldives Monetary Authority (MMA) has announced the expiration of money-changing licenses for businesses that…
Maldives to Join Asia Pacific Regional Forum on Health and the Environment
The Cabinet of Ministers has approved the Maldives’ membership in the Asia Pacific Regional Forum…
President Ratifies Urban Development Act
President Dr Mohamed Muizzu has ratified the Urban Development Act, establishing a comprehensive legal framework…
Moosa Nimal Appointed Chief Business Officer of Bank of Maldives
The Bank of Maldives (BML) has appointed Moosa Nimal as its new Chief Business Officer…
Maldives Balances Mild Inflation and Rising Construction Costs as Tourism Grows
Recent data from Maldives Bureau of Statistics reveals a mixed outlook for the country, with…
Parliament Approves Stricter Copyright Act with Fines Up to MVR 300,000
The parliament has passed amendments to the Copyright Act, introducing stricter penalties and extended protections…
Govt’s Pension Reversal Highlights Policy Woes
The government has reversed its decision to discontinue monthly pension allowances for new retirees entitled…