Maldives and India Discuss Development Projects and Bilateral Relations
Concluding his official visit to New Delhi, the Maldives’ Foreign Minister Abdulla Khaleel highlighted key discussions and agreements made with Indian officials,...
Maldives Concludes 2024 with MVR 14 Billion Budget Deficit
The Maldivian government concluded 2024 with a total revenue of MVR 34 billion and total expenditure of MVR 48 billion, as revealed...
FENAKA Reports Growth in Water Supply and Sewerage Coverage Across the Maldives
FENAKA Corporation Limited has reported progress in expanding its water and sewerage services across the Maldives over the past year.
Ministry Reopens Applications for Fishing Vessel RSW System Loans
The Ministry of Fisheries and Ocean Resources has revealed plans to reopen applications for loans aimed at funding the installation of Refrigerated...
Construction Credit Powers Sector Growth Despite Import Decline
The Maldives Monetary Authority’s Quarterly Economic Bulletin for Q3 2024 highlights a mixed performance in the construction sector. While the sector grew...
Designs Finalised for Proposed Airports as Efforts to Secure Funding Continue
The development of new airports across the country is progressing as the government finalises plans and works to secure investment for the...
Maldives Implements Stringent Tobacco Control Measures
The Maldives has escalated its tobacco control measures, enforcing a ban on the production of tobacco products within the country. This action...
Maldives, India Discuss Partnership, Sign New Development Agreement
Dr. Abdulla Khaleel, the Foreign Minister of Maldives, made his first official visit to India since assuming his role in September of...
MMPRC Plans Major Shift in Marketing Strategy, Reducing Tourism Fair Spend by 30%
The Maldives Marketing and Public Relations Corporation (MMPRC) has revealed plans to reduce its expenditure on international tourism fairs by 30% this...
Duty Rates for China-Maldives FTA Now Available on Customs Website
The Maldives Customs Service has announced via a post on X (formerly Twitter) that the duty rates under the China-Maldives Free Trade...
2025 to Mark a Year of Development and Prosperity, Says President Muizzu
In his New Year’s address, President Dr Mohamed Muizzu outlined a bold vision for 2025, describing it as a year of significant...
STO Launches New Pharmacy in Maafannu
The State Trading Organisation (STO) has opened a new pharmacy in Maafannu, situated on Majeedhy Road, directly across from Veliga Hardware.
Maldives Celebrates Arrival of First Tourist of 2025
The Maldives kicked off the new year by welcoming its first tourist of 2025, Mr. Luis from Spain, at a small ceremony...
Ministry of Finance Takes Over Loan Approvals for State-Owned Enterprises
A recent change in policy mandates that State-Owned Enterprises (SOEs) must obtain approval from the Ministry of Finance before taking on any...
Maldives’ Foreign Currency Act Takes Effect
The Maldives has officially implemented the Foreign Currency Act as of 1 January 2025, marking a significant shift in how foreign currency...
Maldivian to Unveil Airbus A330 at Air Show
Maldivian, the national airline of the Maldives, is preparing to host an air show to unveil its first wide-body aircraft, the Airbus...
Maldives Immigration Announces New Year Holiday Operating Hours
The Maldives Immigration has announced its operating hours at the Male’ office for 2nd January 2025, in observance of the government holiday.
MATATO Announces 2024/25 Annual General Meeting and Call for Board Nominations
The Maldives Association of Travel Agents and Tour Operators (MATATO) has announced its Annual General Meeting (AGM) for 2024/25, scheduled for 8...
Maldives and China Set to Implement Free Trade Agreement in January 2025
The Free Trade Agreement (FTA) between the Maldives and China, set to take effect on 1 January 2025, is expected to bring...
Maldives to Ring in 2025 with Culture and Food Festival in Hulhumale
The Maldives will kick off 2025 with a unique cultural celebration as the Maldives Marketing and Public Relations Corporation (MMPRC), in collaboration...
Ooredoo Launches New Add-Ons with Unlimited Data and Enhanced 5G Speeds for the New...
Ooredoo Maldives has introduced new data add-ons for both prepaid and postpaid customers as part of its New Year offerings. These add-ons...
Business Profit Tax Surges to Lead Government Revenue, Outpacing GST
According to the Maldives Monetary Authority’s Quarterly Economic Bulletin for Q3 2024, business profit tax (BPT) has become the leading contributor to...
Maldives Expo 2025: A Platform for Local Businesses to Attract Foreign Investment
The Maldives Expo 2025, set to take place in May next year, will be the country’s largest exhibition. Sharing the details of...
Maldives Welcomes Thousands Aboard MS Norwegian Sky and MS Riviera This Holiday Season
As the New Year approaches, the Maldives is experiencing a boost in tourist arrivals, with two major cruise liners bringing thousands of...
LATEST ARTICLES
Ooredoo Maldives and Qatar Charity Complete Renovation of Hulhumalé Grand Mosque
Ooredoo Maldives, in partnership with Qatar Charity, has completed renovations on Masjid Al Sheikh Qasim bin Al-Thani (Hulhumalé Grand Mosque), installing a modern air conditioning...
New Foreign Currency Regulation Sets Reporting & Compliance Standards
The Maldives Monetary Authority (MMA) has introduced the General Regulation on Foreign Currency, which came into effect on 28 February 2025. Enacted under...
New MIRA Ruling Establishes Procedures for Reassessing Tax Amounts
The Maldives Inland Revenue Authority (MIRA) has issued a new tax ruling outlining the procedures for redetermining previously assessed tax amounts in...
Consultancy Sought for Addu City’s 14km Bridge Link Project
The Maldives government has initiated plans for a major infrastructure project to connect Hithadhoo and Hulhumeedhoo in Addu City, aiming to enhance...
Maldivian Begins A330 Flights to Cochin and Trivandrum
The national airline, Maldivian, has commenced operations to Cochin and Trivandrum in India using its first wide-body aircraft, the Airbus A330. The...
