Study Attributes Mangrove Dieback in Maldives to Rapid Sea-Level Rise and Extreme Indian Ocean Climate Events
A comprehensive study has revealed that the unprecedented dieback of mangrove forests in the Maldives…
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News
Tourism Industry’s Call for Compromise Ignored Amidst New Dollar Rules
In response to newly introduced regulations by the Maldives Monetary Authority (MMA) mandating a compulsory…
Government Opens Applications for MIRA Board Member Position
The Government of Maldives has announced the opening of applications for a position on the…
STELCO on Track to Close 2024 with MVR 120 Million Profit, Says Managing Director
The State Electric Company (STELCO) is projected to end 2024 with a profit of MVR…
Tourist Arrivals in Maldives Show Steady Growth in Early November 2024
Tourist arrivals to the Maldives during the first half of November 2024 have seen a…
MACL Attracts Over 3,300 Visitors at Dhaalan Career Expo, Offers Jobs and Internships
Maldives Airports Company Limited (MACL) received an enthusiastic response during its participation at the Dhaalan…
President Muizzu Stands Firm on Regulation for Tourism Sector’s Foreign Exchange Earnings
President Mohamed Muizzu has reaffirmed that his administration will not alter the regulation requiring tourism…
Finance Minister Hints at Political Influence on Credit Rating Downgrades
The Maldives’ Finance Minister, Moosa Zameer, has suggested a possible connection between the country’s recent…
Annual Review Highlights Maldives’ Progress Towards 2040 Development Goals
The Maldives Ministry of Economic Development and Trade has released its annual review, titled “Towards…
Maldives Launch First Development Bank to Support Economic Growth
President Dr. Mohamed Muizzu has inaugurated the Development Bank of Maldives (DBM), fulfilling a key…
Maldives and Azerbaijan Sign Key Bilateral Agreements to Strengthen Cooperation
The Maldives and Azerbaijan have signed two significant bilateral agreements to deepen cooperation between the…
Maldives Government Spending Reaches MVR 41.59 Billion
The Maldives government has spent MVR 41.59 billion from the National Budget 2024 as of…
MMA Governor Calls for Improved System to Target Subsidy Recipients and Address Rising Student Loan Costs
Governor of the Maldives Monetary Authority (MMA), Ahmed Munawwar, has emphasised the urgent need for…
Health Minister Highlights Financial Strain of Aasandha Scheme, Announces Plans for Reform
Health Minister Abdulla Nazim Ibrahim has raised concerns over the financial burden placed on the…
Registration for Ooredoo Maldives Fun Run Closes Today
The deadline to register for Ooredoo Maldives Fun Run, described as “The Happiest Run in…
Maldives Begins Talks to Refinance Over USD 1 Billion in Debt, Says Finance Minister
Finance Minister Moosa Zameer has announced that the Maldives has initiated discussions to refinance more…
Finance Minister Announce Gradual Reforms to Subsidy and Insurance Systems
Minister of Finance Moosa Zameer has announced that the government will implement reforms to the…
Dhiraagu Partners with National Skills Expo to Empower Maldivian Youth
Dhiraagu has officially signed on as the exclusive Digital Partner for the upcoming Dhaalan: National…
MIRA Issues Regulation for Special Economic Zones Following Agreement with IFZA
The Maldives Inland Revenue Authority (MIRA) has issued a regulation outlining the submission requirements for…
President Nasheed Opposes Central Bank Rule on Foreign Exchange for Tourism Sector
Former President Mohamed Nasheed has voiced his opposition to the Maldives Monetary Authority’s (MMA) regulation…
MATI Shared Concerns of Economic Fallout Over Exchange Controls by MMA
The Maldives Association of Tourism Industry (MATI) had shared serious concerns prior to Maldives Monetary…
Bunkering Service Generates USD 1.5 Million in Revenue, Says Minister
Economic Minister Mohamed Saeed has revealed that the Maldives’ recently launched bunkering service has generated…
President Muizzu Meets AIIB President at COP29 to Strengthen Development Cooperation
On the sidelines of COP29, President Dr Mohamed Muizzu held a meeting with Mr Jin…
Ooredoo Maldives Announces Record Date for Extraordinary General Meeting
Ooredoo Maldives has officially announced that its upcoming Extraordinary General Meeting (EGM) will take place…