USD 214 Million Converted Through Banks Since January, Says President

President Dr Mohamed Muizzu has reported that USD 214 million has been exchanged through local banks since the enforcement of the...

2024 Report: Treasury Bills Drive Surge in Domestic Debt Holdings

The Maldives Monetary Authority’s (MMA) Annual Report for 2024 paints a concerning picture of the country’s fiscal landscape, with public debt...

World of Business to Complete Hulhumale’ City Hotel After STO Exit

After years of delays and shifting partnerships, the long-stalled Hulhumale’ City Hotel project is finally set to be completed under a...

Ooredoo’s m-Faisaa Rolls Out Fee-Free Global Transfers Until July

Ooredoo Maldives has announced a new promotion through its digital wallet service m-Faisaa, allowing users to send international money transfers without...

Concessions Planned for Five Atolls as Government Pushes Tourism Growth

The Maldivian government is preparing to unveil a package of targeted concessions aimed at accelerating tourism development in five underdeveloped atolls....

Dhiraagu Hosts First-Ever Fuvahmulah Run, Drawing Over 1,100 Participants

Dhiraagu Fuvahmulah Run 2025 concluded on Friday in Fuvahmulah City, marking the first time the Dhiraagu Maldives Road Race (DMRR), has...

MMA Annual Report 2024: Economy Grew 5.1%, Driven by Tourism and Services

The Maldives Monetary Authority (MMA) has released its Annual Report for 2024, offering a comprehensive snapshot of the country’s economic performance...

Operation Kurangi Records 150,000 Biometric Entries as Regularisation Drive Advances

As the world observed Labour Day, President Dr Mohamed Muizzu announced a significant milestone in the Maldives’ efforts to address longstanding...

Maldives Records Budget Surplus but Investment Lags Behind in Q1 2025

The Ministry of Finance's latest Weekly Fiscal Developments report, published on 30 April 2025, reveals that the Maldives is in a fiscal surplus...

UK and UNDP Support Women’s Leadership Drive Through Isvaaru Training in Kulhudhuffushi

Thirty-five women from across the northern atolls of the Maldives have successfully completed the pilot run of the ‘Isvaaru – Women...

Strong Q1 for Ooredoo Maldives with Growth in Profit and Customer Base

Ooredoo Maldives has reported a net profit of MVR 168 million for the first quarter of 2025, reflecting a 4% increase...

Bank of Maldives and MMPRC Join Forces for Global Destination Marketing Campaign

Bank of Maldives (BML) has entered into a strategic partnership with the Maldives Marketing and Public Relations Corporation (MMPRC) to promote...

Pre-Schedule Your Corporate Maldives Network Meetings Now

Corporate Maldives Network meetings are now open through Corporate Maldives Network for pre-scheduled meetings as part of Corporate Maldives Bizweek.

Parliament to Review Asna Hamdhy’s Nomination for MMA Deputy Governor

President Dr Mohamed Muizzu has nominated Aishath Asna Hamdhy for the post of Deputy Governor at the Maldives Monetary Authority (MMA),...

Gov’t Opens Subscription for New Round of Treasury Bills

The Ministry of Finance and Planning has invited subscriptions for a new series of Maldivian Rufiyaa-denominated Treasury Bills (T-Bills), offering investors...

Maldives Moves to Block Companies in Debt from Bidding for Government Contracts

Parliament has unanimously approved new measures aimed at recovering outstanding debts owed to the state, including a policy change that would...

Dhiraagu Fuvahmulah Run 2025 Bib Expo Begins in Fuvahmulah City

Dhiraagu has commenced the distribution of race kits and bibs for the Dhiraagu Fuvahmulah Run 2025 (DFR), with the Bib Expo...

Berjaya and Sunway Leaders Discuss Expansion into Maldives

President Dr Mohamed Muizzu, during his ongoing official visit to Malaysia, held meetings with two prominent Malaysian business leaders to explore...

MMPRC and Emirates Deepen Collaboration to Promote Maldives Globally

The Maldives Marketing and PR Corporation (MMPRC) and Emirates have renewed their strategic partnership to jointly promote the Maldives as a...

New Aviation, Hospitality, and Marine Courses Introduced by Villa College

Villa College has introduced a range of new programmes aimed at expanding educational opportunities and addressing the skills and specialisations needed...

Maldives Launches First Overseas Passport and ID Issuance in Malaysia

The Maldives has launched its first overseas passport and identity card issuance service in Malaysia, marking a significant milestone in making...

Maldives Sees Monthly Price Drop in March; Food Costs Continue to Rise

Consumer prices in the Maldives fell by 0.69 percent in March 2025 compared to February 2025, according to the latest Consumer...

President Highlights Investment Opportunities at Maldives–Malaysia Business Forum

President Dr Mohamed Muizzu has invited Malaysian businesses to explore new opportunities in the Maldives, outlining his Administration’s development vision during...

President’s Malaysia Visit Sees New Agreements in Tourism, Health, and Diplomacy

The Maldives and Malaysia have reaffirmed their commitment to strengthening bilateral relations following a series of official engagements during President Dr...

LATEST ARTICLES

Gov’t Invites Bids to Develop Halal-Compliant Resorts on Long-Term Leases

The Ministry of Tourism and Environment has announced a public tender for the lease, development, and operation of six tourist resorts under...

BML Raises Debit Card Limit to USD 500, Adds Up to 30% Fee on...

Bank of Maldives has raised the monthly foreign transaction limit for MVR-denominated debit cards to USD 500, while also announcing a new...

Corporate Maldives Publishes June 2025 Edition of Corporate Maldives Magazine

Corporate Maldives has published the June 2025 edition of the Corporate Maldives Magazine. As a quarterly print publication, we continue our commitment...

MACL AGM 2024: Nurain Cheers Expansion Progress, Confirms MVR 75 Million Dividend

The Maldives Airports Company Limited (MACL) held its Annual General Meeting at the Hulhule Island Hotel, spotlighting record profits and key developments,...

Maldives Establishes Embassy in Qatar to Deepen Bilateral Cooperation

The Maldives has formally established an embassy in Qatar, marking a renewed effort to strengthen ties with the Gulf nation across a...
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