BML Reduces Equity Requirement for Home Construction Loans
Bank of Maldives has revised its home construction financing terms, lowering the minimum equity requirement…
Section
News
New Labour Policy Cuts Costs for Over 30,000 Businesses
A policy shift in expatriate labour rules is set to reduce operating costs for small…
PCB Orders SOEs to Cut Costs Amid Middle East Conflict Pressures
State-owned enterprises are being directed to reduce spending as authorities move to limit the economic…
Universal Foundation and Villa College Renew Partnership for Hospitality Programme
A continued collaboration between industry and academia is set to expand training pathways in the…
Bunkering Service Generates MVR 730 Million Since Launch
Revenue from the Maldives’ international bunkering service has reached MVR 730 million since its introduction,…
Gov’t Moves to Expedite 80 Containers as Supply Delays Affect Market
Efforts are underway to ease emerging supply pressures in the Maldives, as authorities move to…
Tourism Minister Cites Strong Seat Demand as April Arrivals Continue to Fall
Tourism Minister Thoriq Ibrahim has pointed to rising seat occupancy on inbound flights as a…
Maldives Secures First-Ever Country-Specific Seafood Sustainability Ratings
The Maldives has received a new level of international recognition for its fisheries sector, as…
STO Receives New Cooking Gas Shipment Ahead of Anticipated Price Pressures
State Trading Organization (STO) has confirmed the arrival of a new shipment of cooking gas,…
BML Expands Support for SEN Education with Aminiya Classroom Project
Bank of Maldives (BML) has supported the development of a sensory classroom at Aminiya School,…
mFaisaa Offers Convenient Solutions to Save on Daily Costs, Says Ooredoo CCO
Ooredoo Fintech Maldives has introduced a cashback offer through its mFaisaa platform, allowing users to…
Visit Maldives and PATA to Host Webinar on Travel Disruptions
Visit Maldives Corporation is set to convene tourism stakeholders for a webinar aimed at addressing…
Land Reclamation in Th. Veymandoo Completed with 27 Hectares Added
Land reclamation works in Th. Veymandoo have been completed, adding a total of 27 hectares…
Post-Election Shake-Up Sees Senior Officials Exit State Posts
The removal and resignation of several senior officials across state institutions have drawn attention to…
Fenaka Managing Director Mohamed Najah Dismissed
Mohamed Najah has been dismissed from his role as Managing Director and Board Member of Fenaka…
MIFCO Announces Price Increase for Canned Fish, Case Now MVR 800
Maldives Industrial Fisheries Company (MIFCO) has raised the price of canned fish to MVR 18.50.…
Indian Naval Vessel IOS SAGAR Arrives in Male’ with Multinational Crew
An Indian naval vessel participating in a regional maritime engagement programme arrived in Male’ on…
Cities Minister Commits to Equal Cooperation Across Local Councils
The government has indicated it will maintain an impartial and collaborative approach in working with…
Housing Developments Linked to BML Seen Contributing to Economic Expansion
An expansion of housing development projects linked to Bank of Maldives is expected to contribute…
Private Jet Arrivals to Maldives Rise in Late March, MACL Data Show
Data released by Maldives Airports Company Limited indicate that private jet arrivals to the Maldives increased compared…
The Limits of Scale in a Small Island Economy
The Maldives has built one of the region’s highest per capita income economies through tourism,…
ADK Opens Final Tranche of MVR 120 Million Bond to Fund Hospital Expansion
ADK Hospitals has moved to complete its MVR 120 million bond issuance, opening subscriptions for…
Central Bank Signals Strengthened FX Position Following Recent Reforms
The Maldives Monetary Authority has pointed to recent foreign currency reforms and policy coordination with…
Maldives to Host Global Creator Summit and Awards in September
The Maldives is positioning itself within the growing creator economy with plans to host an…