Maldives Enhances Digital Infrastructure with USD 10 Million World Bank Support
The Minister of State for Homeland Security and Technology, Dr Mohamed Kinaanath, has announced plans to enhance the National Centre for Information...
Visit Maldives Showcases Diverse Experiences at IFTM Top Resa 2024 in Paris
The Maldives Marketing and Public Relations Corporation (MMPRC) is presenting the Maldives’ wide array of holiday experiences to the French market at...
STO Receives Bunkering Bookings Ahead of Service Launch, Market Set for Expansion
The State Trading Organization (STO) has announced that it is fully prepared to launch its international bunkering service tomorrow and has already...
Amendment to Companies Act Passed: Shorter Deadlines for Meetings, Director Appointments
The Maldives' Parliament has passed an amendment to the Companies Act that shortens the deadlines for holding meetings and appointing company directors....
Maldives Tourism Continues Upward Trend with 2.7% Increase in Early September
The Maldives’ tourism sector maintains steady growth as the first half of September 2024 records a 2.7% increase in tourist arrivals compared...
Maldives to Collaborate with Hollywood to Attract Investors
Minister of Economic Development and Trade Mohamed Saeed has revealed that efforts are underway to collaborate with a Hollywood studio to produce...
Minister Saeed Announces MVR 100 Million Fund and Creative Economy Roadmap
The Maldivian government has launched a five-year Creative Economy Strategic Action Plan alongside the introduction of a Creative Economy Fund, offering up...
President Muizzu Announces 20-Year National Development Masterplan for the Maldives
President Dr Mohamed Muizzu has unveiled ambitious plans to develop a comprehensive 20-year National Development Masterplan for the Maldives, aiming to steer...
Ooredoo Partners with Villa College for Joint Training Initiatives
Ooredoo Maldives has entered a strategic partnership with Villa College to offer training and internship programs aimed at empowering students in the...
Maldives Economy in Danger as Climate Change Worsens, Says World Bank
The Maldives’ economy, heavily reliant on tourism and fisheries, is at significant risk due to climate change, according to a new report...
Deputy Speaker Calls for Local Appointments to Senior Roles at Bank of Maldives
Deputy Speaker of Parliament, Ahmed Nazim, has called for the appointment of local talent to senior roles at the Bank of Maldives...
Cabinet Secretary Ahmed Ali Habeeb Nominated as New Chairperson of Bank of Maldives
The government has nominated Ahmed Ali Habeeb, the current Cabinet Secretary at the President’s Office, for the role of Chairperson of Bank...
Revamping Heritage: Maldives Plans to Turn Historical Assets into Revenue Streams
Maldives Minister of Language, Culture, and Heritage, Adam Naseer Ibrahim, has unveiled plans to convert heritage assets into revenue streams. In a...
Maldives and Japan Sign Exchange of Notes to Enhance Disaster Resilience in Malé
The Government of Maldives and the Government of Japan signed an Exchange of Notes today for the “Project for Disaster Resilience Enhancement...
Leasehold Rights of Dholhiyadhoo Island Resort Up for Auction in Maldives
The State Bank of India (SBI) Male’ branch has announced an auction for the leasehold rights of Dholhiyadhoo Island Resort, located in...
Tourism Ministry Updates List of Islands and Lagoons for Tourism Development
The Ministry of Tourism has announced amendments to the list of islands, land plots, and lagoons available for tourism development in the...
FTA Will Push Maldives-China Trade to USD 1 Billion, States Spokesperson Heena Waleed
The bilateral trade between the Maldives and China is projected to increase to USD 1 billion per year following the implementation of...
Gov’t Discusses New Regulations for Tourists on Inhabited Islands
The Government of Maldives has commenced discussions to establish regulations governing tourists visiting inhabited islands. The talks were held between the Ministry...
First Phase of Addu City Garment Factory Complete, BCC Opens Investment Next Week
The Business Center Corporation (BCC) is set to open investment opportunities next week for those interested in investing in the Addu City...
MPL Announces Plans for Seafood Hub and Vehicle Export Terminal in Addu City
Maldives Ports Limited (MPL) has announced ambitious plans to develop a seafood hub and a terminal for exporting vehicles in Addu City....
Dhiraagu Launches ‘Win a Speedboat’ Promotion
Dhiraagu has unveiled a new promotion where customers have the chance to win a brand-new speedboat. The announcement was made at a...
Q2-2024: Maldives Faces Rising Inflation and Economic Slowdown
The Maldives Monetary Authority (MMA) has released its Quarterly Economic Bulletin for Q2-2024, highlighting growing inflation concerns alongside a slowdown in economic...
Countdown Begins for the South Asian Travel Awards 2024
The countdown is on as only three days remain until the highly anticipated South Asian Travel Awards (SATA) 2024, an event that...
Gov’t Plans to Support Farmers, Reduce Dependency on Imports
The government has launched a series of initiatives aimed at promoting the export of farmers’ produce to markets at more affordable prices,...
LATEST ARTICLES
Parliament Pushes Through MVR 56.6 Billion Budget, Axes Accountability Measures
The Maldivian Parliament has approved a state budget of MVR 56.6 billion for 2025, despite criticism over the lack of specifics on...
MIRA Implements Changes to GST Regulation, Eases Rules for Staff Cafes
The Maldives Inland Revenue Authority (MIRA) has published the 31st Amendment to the Goods and Services Tax (GST) Regulation, introducing key updates...
Construction Minister Flags Misuse of Advance Payments by Contractors
Minister of Construction Dr Abdulla Muthalib has raised concerns over the misuse of advance payments by contractors, which has stalled several development...
Opening of New International Terminal at VIA Delayed Until Mid-2025
The opening of the new international terminal at Velana International Airport (VIA) has been postponed until mid-2025 at the recommendation of the...
The Cost of Control: What the Maldives Stands to Lose with Power Centralisation
In a move that has raised alarms about the erosion of democratic norms, President Mohamed Muizzu has ratified amendments to the laws...
