Gov’t to Prevent Price Hikes on Essential Goods During Ramadan

The government will take necessary measures to ensure food prices remain stable during the upcoming holy month of Ramadan, Minister of Economic...

Gov’t Reports Progress in Curbing Black Market Dollar Trade

Tourism Minister Thorig Ibrahim has stated that the government’s efforts to curb the black market for dollars in the Maldives are beginning...

Economic Minister Denies Link Between China FTA and Drop in Import Duty Earnings

Economic Minister Mohamed Saeed stated on Saturday that there is no connection between the Free Trade Agreement (FTA) with China and the...

Sinan Ali Appointed as MTCC’s Chief Operating Officer

Board director Sinan Ali has been appointed as the new Chief Operating Officer (COO) of the Maldives Transport and Contracting Company (MTCC).

Over 450 Nominees in the Running for Hotelier Maldives Awards 2025

Nominations for the Hotelier Maldives Awards 2025, presented by Bestbuy Maldives (BBM), have closed with over 450 entries, reflecting strong industry engagement in recognising top...

MACL Joins ‘Saafu Roadha’ with Over 500 Employees in Cleanup Drive

Maldives Airports Company Limited (MACL) has participated in the ‘Saafu Roadha’ programme, an initiative led by the Ministry of Cities, Local Government and Public Works and...

HDC Fires Two Senior Officials Amid Corruption Investigation

The Housing Development Corporation (HDC) has dismissed its Chief Financial Officer (CFO) Abdulla Faid and Chief Business Officer (CBO) Ahmed Yameen following an investigation into alleged...

Saudi Cabinet Approves MoU to Strengthen Trade Ties with the Maldives

Saudi Arabia’s Cabinet has approved a Memorandum of Understanding (MoU) aimed at strengthening trade relations with the Maldives, following the agreement signed...

Vice President: ‘Climate Disasters Do Not Wait for Politics’

Vice President Hussain Mohamed Latheef has urged global leaders to take decisive action on climate change, warning that intensifying disasters do not...

Maldives Issues First SEZ Permit for Floating Solar Project

The Maldives has issued its first Special Economic Zones (SEZ) Permit under the SEZ Act, paving the way for the development of...

Veligaa Hardware Expands with New Outlet in Hulhumalé Phase 2

Veligaa Hardware has expanded its footprint in the Maldives with the launch of a new outlet in Hulhumalé Phase 2. The newly...

Maldivian Secures EASA Part-145 Certification, Expanding Aircraft Maintenance Capabilities

Island Aviation Services Limited (IASL), the operator of the national airline Maldivian, has obtained the prestigious EASA Part-145 certification, marking a significant...

Hamdhy Ageel Dismissed as President of Privatization and Corporatization Board

Hamdhy Ageel has been dismissed from his position as president of the Privatization and Corporatization Board (PCB), the regulatory body overseeing state-owned...

Former Finance Minister to Lead Maldives Industrial Development Free Zone

Former Minister of Finance Dr Ahmed Shafeeq has been appointed as the Chief Executive Officer (CEO) of the Maldives Industrial Development Free...

Maldives Expands Smoking Bans, Introduces Stricter Tobacco Controls

The government has introduced stricter tobacco control regulations as part of its ongoing efforts to reduce tobacco use and protect public health....

India Reaffirms Commitment to Supporting Maldives During Speaker’s Visit

India’s Vice President and Chairman of the Upper House of Parliament, Rajya Sabha, Shri Jagdeep Dhankhar, has reaffirmed India’s commitment to providing...

Maldives’ Economic Reforms Must Be Fast-Tracked, Warns IMF

The International Monetary Fund (IMF) has once again urged the Maldivian government to accelerate its economic reform agenda, warning that further delays...

Maldives Stresses Need for Climate Resilience at World Government Summit

Minister of Tourism and Environment Thoriq Ibrahim has highlighted the importance of a united global response in ensuring a sustainable and resilient...

Ramadan Allowance: What Employers and Employees Need to Know

With Ramadan approaching, both employers and employees in the Maldives must understand their legal rights and obligations regarding the Ramadan allowance. Mandated by...

STELCO Signs Agreement with SIWEC to Train Employees in Emergency Response

State Electric Company (STELCO) signed with Sifainge Welfare Company (SIWEC) yesterday to train their employees in various areas. SIWEC,...

128 Maldivian Officials Trained Under UAE Governance Programme as MoU Renewed

The Maldives and the United Arab Emirates (UAE) have renewed a Memorandum of Understanding (MoU) on Experience Exchange on Government Development and...

January Revenue Drops 7.7% as Corporate Income Tax Declines

The Maldives Inland Revenue Authority (MIRA) reported that total revenue collection for January 2025 stood at MVR 3.34 billion, reflecting a 7.7%...

Gov’t to Build Fish Packing Factory in Hulhumalé by Next Year

Fisheries Minister Ahmed Shiyam responded to parliamentary inquiries on Tuesday, addressing plans for a new fish packing facility in Hulhumalé, challenges faced...

President Names Maldives’ Representatives to Global Trade, Maritime, and Energy Bodies

President Dr Mohamed Muizzu has nominated the country’s representatives to three major international organisations, forwarding the names to Parliament for endorsement. The...

LATEST ARTICLES

What Does a Healthy Economy Look Like for the Maldives?

In the Maldives, discussions around economic health frequently hinge on metrics such as GDP growth, tourist arrivals, and foreign investment flows....

Dhiraagu Signs as Digital Partner for Fishing Competition Burunu Boma

Dhiraagu has signed as the digital partner for “Burunu Boma,” a three-day fishing competition organised by Visit Maldives Club. This event will...

Tradian Platform to Go Live on 20 April, Digitising Trade Services in the Maldives

The Maldives is set to officially roll out its National Single Window platform, Tradian, on 20 April 2025, offering a major...

Tourism Continues to Power Fiscal Gains

The latest Weekly Fiscal Developments report by the Ministry of Finance reveals a strong fiscal position for the Maldives, with a...

MACL Kicks Off Staff Awareness Sessions under ‘Green Airport’ Sustainability Drive

Maldives Airports Company Limited (MACL) has begun a series of employee awareness sessions aimed at strengthening sustainability efforts at Velana International...
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