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,...
Maldivian Teams Up with Trip.com for Global Booking Boost
Maldivian has announced a new partnership with Trip.com, an international online travel agency, effective September 13, 2024. The collaboration allows travellers to...
Effective Governance of AI: A Democratic Imperative for the Maldives
Today marks the International Day of Democracy, a day observed globally to highlight the importance of democratic values and practices. This year,...
Parliament to Debate New Amendments to Companies Act Tomorrow
The Government has put forward crucial amendments to the Companies Act aimed at speeding up the process of appointing managing directors and...
Second Vessel Arrives as Maldives Prepares to Launch Bunkering Services
The second bunkering vessel, MT Marine Bella, has successfully docked near Kulhudhuffushi City as the Maldives' prepares to launch its long-anticipated bunkering...
Ooredoo Nation Contender Series Season 2 Concludes with a Showcase of Esports Talent
The Ooredoo Nation Maldives Championship Contender Series Season 2 has successfully concluded, bringing together the top esports talent from across the Maldives....
SIMDI Beverages Introduces Sober Spirits to the Maldivian Market
SIMDI Beverages, a key division of the SIMDI Group, has launched Sober Spirits, a new line of alcohol-free beverages, at an exclusive...
Economic Minister Commits to Boosting SME Opportunities in Addu City
The Minister of Economic Development and Trade, Mohamed Saeed, has pledged to enhance opportunities for small and medium enterprises (SMEs) in Addu...
Maldives Resilient Amid Economic Challenges, Assures Foreign Minister
Minister of Foreign Affairs Moosa Zameer has assured that the current economic challenges facing the Maldives are temporary and do not require...
Gov’t Seeks Public Input on Changes to Construction Industry Regulations
The Ministry of Construction and Infrastructure is inviting public feedback on proposed changes to the Construction Industry Practitioners Regulation. This latest proposal...
Maldivian Airlines Seeking GSAs to Begin Direct Flights to Major Chinese Cities
Island Aviation, the operator of Maldivian Airlines, is searching for General Cargo Sales Agents (GSAs) to support its operations in the Chinese...
India’s Aid on the Table for Maldives’ Sukuk Crisis
India stands ready to provide financial aid to the Maldives as the island nation faces the possibility of defaulting on its Islamic...
Chinese Banking Giant ICBC Plans to Expand Into the Maldives, Says Minister
The Industrial and Commercial Bank of China (ICBC), the world’s largest bank, is planning to open a branch in the Maldives, according...
China Boosts Maldives’ Economic Outlook with Local Currency Transactions MoU
The Ministry of Economic Development and Trade and the People's Bank of China (PBOC) have signed a Memorandum of Understanding (MoU) aimed...
New Regulation Requires Foreign Currency Earners in Maldives to Pay Taxes in USD
The Maldives Inland Revenue Authority (MIRA) has announced a crucial amendment to the Income Tax Regulation, mandating individuals and businesses earning in...
Ooredoo Nation Launches Inter-Resort eSports Championship in Maldives
Ooredoo Maldives has announced the launch of the Ooredoo Nation Inter-Resort Championship, marking the first-ever eSports tournament dedicated to the resort community...
Maldives Sees Significant Increase in Revenue Collection for August 2024
The Maldives Inland Revenue Authority (MIRA) has reported a substantial increase in revenue collection for August 2024, amounting to MVR 1.98 billion,...
Dhiraagu Launches Weekly iPhone 15 Pro Giveaway for Prepaid Customers
Dhiraagu has announced an exciting promotion for its prepaid customers, offering them the chance to win an iPhone 15 Pro every week....
16 Plots of Beachfront and Beachside Land Available for Sale in Hulhumalé
Sixteen plots of land on the beachfront and beachside in Hulhumalé are now open for purchase.
According to the...
Moody’s Downgrades Maldives’ Credit Rating Amid Rising Default Risks; MMA Assures Stability
Moody’s Investors Service has downgraded the Government of Maldives’ long-term local and foreign currency issuer ratings to Caa2 from Caa1, citing rising...
President Mandates Price Control on Medicines; Health Ministry Cracks Down on Unlicensed Providers
President Dr. Mohamed Muizzu has directed relevant authorities to enforce existing laws for controlling the prices of medicines, while the Health Ministry...
Czech Embassy Opens Submissions for Small Scale Projects
The Embassy of the Czech Republic in New Delhi has officially opened for submissions for its Small Scale Projects (SSP) for 2025....
LATEST ARTICLES
Gov’t Plans to Double Travel Allowance by Early 2026
President Dr Mohamed Muizzu has commented on proposed measures to improve dollar circulation in the Maldives' banking system, including mandatory exchange requirements...
Maldives Celebrates Prestigious Wins at World Travel Awards 2024
The Maldives has been recognised as the World’s Leading Destination for the fifth consecutive year and the World’s Leading Green Destination for...
Ooredoo Maldives Hosts Gardening Session for Elderly in Addu Feydhoo
Ooredoo Maldives, in collaboration with S. Feydhoo Avashu Office, recently held a successful “Grow with Ooredoo” session in Addu Atoll Feydhoo on...
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...
