Maldives Refinances USD 75 Million of Velana Airport Loan
The Government of Maldives has refinanced USD 75 million of a USD 378 million loan…
Section
News
Tourism Ministry Opens Bidding for Ecotourism Project in Baarah
The Ministry of Tourism has announced the opening of public bidding for the lease of…
President Proposes Raising Minimum Age to 21 for Tobacco Sales
President Dr Mohamed Muizzu has proposed raising the minimum legal age for purchasing tobacco products…
Registrations Closing Soon for Ooredoo Nation Inter-Resort Championship
Ooredoo Maldives has announced that registrations for the highly anticipated Ooredoo Nation Inter-Resort Championship will…
Minister Calls for Greater Transparency in Statistical Data to Shape Effective Policy
The Minister of Homeland Security and Technology, Ali Ihusaan, has highlighted the importance of transparency…
Vape Products to Face 200% Duty Increase Before Import Ban Next Month
The government has announced a significant increase in import duties on e-cigarettes and related vaping…
Can the Maldives Achieve Its 2 Million Tourist Arrival Goal for 2024?
As of 20th October 2024, the Maldives has recorded 1,598,345 tourist arrivals, based on data from the…
Gov’t to Mandate Chartered Accountants for State-Owned Companies
The Minister of Finance, Moosa Zameer, has announced plans to amend regulations requiring all government-owned…
Tax Enforcement Tightened: MIRA Gains Power to Freeze Accounts of Non-Payers
The Maldives Inland Revenue Authority (MIRA) has introduced amendments to its enforcement policies, enabling the…
ACI’s Airport Excellence in Security Program Launched at Velana International Airport
Velana International Airport (VIA) has introduced the Airports Council International (ACI) Airport Excellence in Security…
Maldives Set to Introduce India’s Unified Payment Interface (UPI)
President Dr Mohamed Muizzu, acting on a recommendation from the Cabinet, has announced a plan…
beOnd Celebrates One-Year Milestone and Unveils Second Aircraft
On 17 October 2024, beOnd, the world’s first premium leisure airline, marked its one-year anniversary…
Road Closures Announced for DMRR 2024
In preparation for the Dhiraagu Maldives Road Race (DMRR) 2024, scheduled for Friday, 25 October,…
Vice President Departs for CHOGM 2024 in Samoa
Vice President Hussain Mohamed Latheef has embarked on an official visit to Samoa to attend…
Gov’t Prepares Supplementary Budget to Address Current Year Expenses
The Minister of Finance, Moosa Zameer, has confirmed that the government is preparing a supplementary…
MMA Advances Towards Regulation for Asset-Backed Online Money
The Maldives Monetary Authority (MMA) is taking steps towards developing a regulatory framework for asset-backed…
STELCO Begins Upgrading Male’ City’s Electricity Network
State Electric Company Limited (STELCO) has commenced significant upgrades to the electricity networks in Malé…
Dhiraagu Distributes Race Kits for DMRR 2024
Dhiraagu has commenced the distribution of race bibs and kits for the highly anticipated Dhiraagu…
MACL Launches ‘MACL Career 2024’ to Guide School Students Towards Aviation Careers
The Maldives Airports Company Limited (MACL) has launched a career guidance initiative, “MACL Career 2024,”…
MMA Reminds Businesses of Key Deadlines Under New Foreign Currency Regulation
The Maldives Monetary Authority (MMA) has announced several important deadlines and requirements for businesses under…
Lhaviyani Atoll to Become Maldives’ Next Biosphere Reserve
The Maldivian government has announced plans to designate three additional areas in the country as…
Finance Ministry Introduces Fines for Tender Offenses in New Rule
The Ministry of Finance has introduced a new rule imposing fines on bidders, suppliers, and…
Maldives to Develop AI Masterplan for Economic Growth
President Dr Mohamed Muizzu has announced the development of a comprehensive masterplan aimed at harnessing…
LRA Introduces New Workplace Safety Compensation Regulations
The Labour Relations Authority (LRA) has introduced a new set of “Workplace Safety and Health…