Italy’s 100,000 Visitors Cement Its Importance to Maldivian Tourism Growth
The Ministry of Tourism has reported that over 100,000 tourists from Italy have visited the…
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News
Institute of Directors Maldives to Host Inaugural Governance Conference
The Institute of Directors Maldives (IOD Maldives) has announced its inaugural conference, the IOD Maldives…
Exclusive Offers for Gamers Through Dhiraagu Gamers Guild
Dhiraagu has announced a range of exclusive offers for Maldivian gamers through its newly developed…
MATATO Clarifies Position on GST Changes, Supports Tax in US Dollars
The Maldives Association of Travel Agents and Tour Operators (MATATO) has clarified its position on…
In the Red: How Financial Missteps Are Plaguing Maldivian Councils
Recent audits have highlighted significant concerns over the fiscal management practices of local councils in…
Gov’t Opens Bidding for Ice Plant Development on Five Islands
The government has announced plans to develop ice plants on five islands: Ihavandhoo and Dhidhdhoo…
Maldives Expatriate Workers Remit USD 500 Million Annually, Says Economic Minister
Economic Minister Mohamed Saeed has raised concerns about the annual outflow of approximately USD 500…
State Proposes Treasury Bonds to Offset MVR 3 Billion in Unpaid Bills
The government has announced plans to offer vendors the option to convert unpaid dues into…
Waves of Change: Ooredoo Maldives and the New Digital Frontier
Ooredoo Maldives has never been a company content with the ordinary. Since its inception in…
Favara Processes MVR 15 Billion in First Year
The instant payment system “Favara” has celebrated its first year of operations with MVR 15…
Gov’t to Introduce Commercial Dredging Fee
The government is set to introduce a dredging fee for commercial sites, effective 25th January…
Allied Insurance Presents Complimentary Plans at TTM Gala
Allied Insurance has presented complimentary insurance plans to three winners during the Travel Trade Maldives…
PCB to Revise HR Guidelines for State-Owned Enterprises to Enhance Recruitment Standards
The Privatisation and Corporatisation Board (PCB) has commenced the process of revising human resources (HR)…
Gov’t Explores Bold Move to Extend Retirement Age to 75
The Ministry of Higher Education, Labour and Skills Development in the Maldives has initiated consultations…
FENAKA Corporation Limited to Become Subsidiary of STO
President Dr Mohamed Muizzu has resolved to designate FENAKA Corporation Limited as a subsidiary of…
Dhiraagu Introduces New Office & Resort Category for DMRR 2024
Dhiraagu has unveiled a brand-new category for this year’s Dhiraagu Maldives Road Race (DMRR) –…
Tourist Arrivals in August Show Significant Growth Compared to Last Year
Tourist arrivals in the Maldives continue to surge in August 2024, marking a notable increase…
Ministry of Finance Issues USD 117 Million in Treasury Bills to Cover Government Expenditure
The Ministry of Finance has announced the sale of Treasury bills (T-bills) amounting to USD…
President Touts Development Bank of Maldives as Key to Economic Diversification
President Dr. Mohamed Muizzu has announced that the newly established Development Bank of Maldives (DBM)…
MMA States It Advised BML on Potential Consequences of Dollar Transaction Caps
The Maldives Monetary Authority (MMA) has provided its perspective on the recent reversal of US…
Gov’t Unveils Urgent Measures to Tackle Economic and Currency Challenges
The government has laid out a series of urgent economic measures following a cabinet meeting…
Ooredoo Maldives Expands 5G Coverage to 60% of the Country and Launches Exciting Contest
Ooredoo Maldives has announced a significant expansion of its 5G network, now covering 60% of…
BML’s Quick U-Turn on Foreign Transaction Limits Raises Questions of Ethics
The Bank of Maldives (BML) has swiftly reversed its decision to impose restrictions on foreign…
STELCO to Develop Electric Vehicle Charging System
The State Electric Company Limited (STELCO) has announced plans to develop an electric vehicle (EV)…