SIMDI Group Celebrates 24 Years of Excellence and Growth
SIMDI Group marked its 24th anniversary, celebrating nearly a quarter-century of growth, innovation, and commitment to the Maldivian market. The milestone was...
Ihavandhoo Fisheries Complex to Create 150 Jobs, Strengthen Industry
The Fisheries Complex being developed in HA. Ihavandhoo is expected to generate 150 jobs and enhance the Maldivian fishing industry, according to...
Maldives and India Forge Ahead with Economic and Security Partnership
The first meeting of the High-Level Core Group (HLCG) between the Maldives and India was held in Male'. The meeting, convened to...
Gov’t Pushes for Foreign Exchange Compliance as USD 25 Million Enters Banks
President Dr Mohamed Muizzu has announced that over USD 25 million has been deposited and exchanged with local banks within a month...
New HPA Regulation Mandates Stricter Safety Measures for Fibre Workplaces
The Health Protection Agency (HPA) has introduced new safety regulations for workplaces involved in fibre-related work, with non-compliant businesses facing fines of...
Rashu Expo 2025: A Tourism Spotlight Event
The Rashu Expo 2025, scheduled from 13th to 15th February 2025 at Hulhumalé Central Park, aims to bring together guesthouses, hotels, and resorts from the...
Gov’t Unveils Mega Housing Development Initiative Across the Nation
The Maldivian government has unveiled an ambitious Public Housing Project to construct over 12,000 housing units across 57 islands. Spearheaded by the...
Foreign Minister Seeks to Enhance Maldives-Saudi Cooperation in Trade and Investment
The Minister of Foreign Affairs of the Republic of Maldives, Dr. Abdulla Khaleel, has commenced an official visit to the Kingdom of...
Maldives Seeks Closer Alignment with China in Message Marking Lunar New Year
On the occasion of the Chinese New Year, President Dr Mohamed Muizzu emphasised the Maldives' commitment to fortifying ties with the People’s...
High Input Costs Stagnate Growth in the Maldives Construction Sector
The Maldives construction sector continues to face significant challenges, as rising input prices and stagnant output prices hinder growth. According to the...
Maldives and Saudi Arabia Explore Opportunities in Real Estate Development
Minister of Construction, Housing & Infrastructure, Dr. Abdulla Mutththalib, has held a bilateral meeting with Saudi Arabia’s Minister of Municipalities and Housing,...
Favara Expands: HBL, CBM, and Dhiraagu Fintech Onboarded
The Maldives Monetary Authority (MMA) has announced the onboarding of three new participants to its Instant Payment System, Favara. Habib Bank Limited...
Low-Interest Loans to Drive Tourism Growth
The government has announced a series of economic initiatives aimed at driving tourism development and expanding opportunities in the northern atolls. President...
Indian High Commission Hosts Reception to Mark 76th Republic Day
The Indian High Commission in Maldives hosted a reception on Monday evening to celebrate India’s 76th Republic Day. The event, featuring vibrant...
Maldives Ends 2024 with +4.80% Annual CPI Growth, Tobacco Leads Gains
The Maldives Bureau of Statistics has reported a +1.11% increase in the Consumer Price Index (CPI) for December 2024 compared to the...
Tourism Minister Faisal Dismissed, Economic Minister Saeed Steps In
Tourism Minister Ibrahim Faisal has been dismissed from President Dr Mohamed Muizzu’s cabinet, with the portfolio temporarily assigned to Economic Development Minister...
Maldivian Travellers to Require UK ETA for Travel Starting January 2025
From 8 January 2025, Maldivian travellers are required to obtain an Electronic Travel Authorisation (ETA) before visiting the United Kingdom. This new system, introduced by...
How the Maldives-China FTA Attracts Foreign Investment
The Free Trade Agreement (FTA) between the Maldives and China, which came into effect on 1 January 2025, includes a comprehensive investment chapter...
Maldives and India Discuss Agricultural Cooperation and Food Security
The Maldives and India have explored potential avenues for cooperation in developing the agricultural sector of the Maldives during discussions held between...
CMC Denies Arbitration Rumours Over RasMale’ Reclamation Project
Sri Lanka’s Capital Marine and Civil Construction Company (CMC) has denied rumours that it is filing an arbitration claim for compensation related...
First Islands Allocated to Councils Under New Regulation
The government has handed over four uninhabited islands to three local councils, marking the first instance of such transfers under new regulations....
Maldives Sea-to-Air Cargo Service Handles Over 1,078 Tonnes in 2024
Since its launch in 2024, the Maldives' Sea-to-Air Cargo Service, operated by Maldives Ports Limited (MPL), has successfully handled over 1,078 tonnes of...
Maldives Registers Surplus in First Half of January 2025
The Maldives government reported a surplus in its finances during the first two weeks of January 2025, according to a fiscal update...
MMA’s Quarterly Business Survey: A Tale of Growth and Challenges
The Maldives Monetary Authority (MMA) has published its Quarterly Business Survey for the fourth quarter of 2024, shedding light on economic activity...
LATEST ARTICLES
Gov’t Surplus Masks Deeper Woes in Infrastructure Rollout
The Maldivian government recorded a fiscal surplus of MVR 2.2 billion as of 17 April 2025, buoyed by higher-than-expected revenue collections....
Cabinet Reviews Progress of Key Infrastructure Projects in Working Session
The Cabinet convened a working session at the President’s Office on Tuesday to assess the progress of the government’s priority infrastructure...
Ooredoo Maldives Launches First Apple Watch Cellular Service in the Maldives
Ooredoo Maldives has rolled out the country’s first Apple Watch Cellular Service, marking a milestone in wearable tech connectivity in the...
Marriott International Celebrates Second Cohort of Hospitality Apprentices in the Maldives
Marriott International marked the graduation of 31 apprentices from its Maldives Apprenticeship Program on 19 April with a ceremony at the...
Visit Maldives to Host Multi-Sensory “Maldivian Evening 2025” in Dubai
Visit Maldives is set to host “Maldivian Evening 2025” in Dubai on 28 April, presenting an immersive showcase designed to capture...
