Maldives to Merge State-Owned Enterprises Under Economic Reform Agenda
President Dr Mohamed Muizzu has announced plans to merge several State-Owned Enterprises (SOEs) as part…
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News
New Payment Deadline Set for Overdue Expatriate Fees
The Ministry of Homeland Security and Technology has announced a new extension for companies to…
Unfair Trade: The EU and UK’s Tariffs on Sustainable Maldivian Tuna
Maldives, known for its sustainable fishing practices, particularly the pole-and-line method, has long been a…
Maldives Unveils Residency Programme for Foreign Investors
The Maldives is set to introduce a new residency programme aimed at attracting foreign investors,…
President Ratifies Eighth Amendment to Maldives Employment Act
President Dr Mohamed Muizzu has ratified the eighth amendment to the Maldives Employment Act, originally…
Maldives Showcases its Diverse Tourism Offerings at PATA Travel Mart 2024
Maldives Marketing and Public Relations Corporation (MMPRC), in collaboration with the Maldives Association of Travel…
Allied Life Promotion Launched with 50% Discount
Allied Insurance has launched its “Allied Life Promotion,” offering a 50% discount on the first…
MACL Kicks Off Preparations for Winter Tourist Peak Season
Maldives Airports Company Limited (MACL) has commenced its preparation efforts for the upcoming peak season…
The Decline of Cheques in the Maldives: Are We Moving Towards a Cheque-Free Society?
Cheques have long been a staple of financial transactions in the Maldives, widely used by…
Maldives and Türkiye Set to Sign Preferential Trade Agreement
The Maldives is poised to strengthen its economic ties with Türkiye through the signing of…
STO Construction Solutions Offers Special Promotion on Nippon Paint for National Day
In celebration of National Day, STO Construction Solutions is offering a special promotion on Nippon…
Maldives Submits Proposal for PayPal, But Is the Country Ready?
Last week, the Minister of Economic Development and Trade, Mohamed Saeed, announced that a formal…
Minister Pledges to Reduce Fuel Costs for Fishermen
The Minister of Fisheries and Ocean Resources, Ahmed Shiyam, has promised to address the issue…
Economic Overview: Maldives’ Economic Update for August 2024
The Maldives Monetary Authority (MMA) has released its Economic Update for August 2024, providing an…
How Subpar Education Standards Are Hurting the Economy and Hiring Pool
The quality of education in the Maldives has come under scrutiny once again, following the…
Rising Crime in Malé: Economic and Social Implications
The recent spate of robberies in Malé has raised concerns about the rising crime rate…
President Muizzu Outlines Economic and Development Plans Amidst Challenges
In a recent interview with Sangu TV, President Dr. Mohamed Muizzu reaffirmed his administration’s commitment…
Maldives and Saudi Arabia Strengthen Aviation Ties with New MoU on Seaplane Operations
The Maldives and the General Authority of Civil Aviation of Saudi Arabia have signed a…
Bids Open for 15 New Parking Complexes in Hulhumale’
Bids are now open for the construction of 15 multi-storey parking complexes in Hulhumalé, with…
Gov’t Struck Deal with Bestinet to Avoid Hefty Compensation Payment
On Thursday, the Minister of Homeland Security and Technology, Ali Ihusan, announced that the Maldivian…
STELCO Upgrades to Smart Grid, Promises Enhanced Power Management
State Electric Company Limited (STELCO) has announced the successful upgrade of its network to a…
Fitch Downgrades Maldives’ Credit Rating Amid Rising Default Risks
Fitch Ratings has downgraded the Maldives’ Long-Term Foreign-Currency Issuer Default Rating (IDR) to ‘CC’ from…
Chef Maha to Judge at Thailand World Junior Chef Battle
Maldivian culinary expert Chef Maha Naseer has been selected as a judge for the prestigious…
Inflation in the Maldives Shows Minimal Increase Amid Rising Food Prices
The Maldives experienced a slight rise in inflation in July 2024, with the Consumer Price…