Finance Ministry Cites Legal Hurdles in Delaying MITDC Closure
The government's plan to dissolve the Maldives Integrated Tourism Development Corporation (MITDC) has been delayed due to unresolved legal issues linked to...
Parliament Endorses Three Non-Resident Ambassador Nominations
Parliament has approved President Dr Mohamed Muizzu’s nominations for non-resident ambassadors to the Philippines, Spain, and New Zealand.
The...
AgroNat to Resume Operations with Focus on Food Security
The government has announced that AgroNat Company, a state-owned enterprise established to support the agriculture sector, will resume operations with a revised...
First National Real Estate and Hospitality Fund Plc Seeks Independent Director Applications
First National Real Estate and Hospitality Fund Plc is inviting applications for the role of Independent Director, with the deadline set for...
Over 50 Companies Join Industry Meet to Explore Opportunities in the Maldives
The High Commission of India in the Maldives and the Confederation of Indian Industry (CII) recently organised an Industry Meet aimed at...
The AGI Era Is Approaching: How Can the Maldives Prepare for the Coming Disruption?
Artificial General Intelligence (AGI) — once considered a distant concept — is now expected to emerge within the next two to three...
Proposed Amendment to Tourism Act Seeks to Establish New Tourism Trust Fund
The government is looking to establish and regulate a Tourism Trust Fund under the Tourism Act instead of the Finance Act. The...
President’s Office Confirms Government Closure for Ramadan’s Final Days
The President's Office has announced that government offices will be closed for the last ten days of Ramadan, starting from Thursday, 20...
Ooredoo Maldives Expands 5G Coverage to 80% of the Population
Ooredoo Maldives has announced that its 5G network now covers 80% of the country’s population, establishing itself as the Maldives' most extensive...
Central Bank Shakeup: Deputy Governor’s Future Uncertain Amid Resignations
A motion has been submitted to Parliament's Finance Committee recommending the removal of Ahmed Imad, Deputy Governor of the Maldives Monetary Authority...
Gov’t Clears USD 100 Million Loan Amid Rising Debt Concerns
The Ministry of Finance and Planning has confirmed the repayment of a USD 100 million loan taken from Cargill Financial Services International,...
IAA Maldives Established to Strengthen Internal Auditing in the Maldives
The Internal Audit Association of Maldives (IAA Maldives) has been formally established, marking a significant step in enhancing governance, accountability, and professional...
WAMCO Awarded Contract for Waste Management Projects in 32 Islands
The Waste Management Corporation (WAMCO) has been awarded a contract to construct waste management facilities and buildings in 32 islands across the...
Mariyam Shamma Ismail Appointed as New Registrar of Companies
The government has appointed Uza. Mariyam Shamma Ismail as the new Registrar of Companies, following the resignation of her predecessor, Mariyam Visam,...
Ahmed Zayan Resigns from MMA Board as Government Faces Economic Criticism
Ahmed Zayan Mohamed, the Ministry of Finance's representative on the Maldives Monetary Authority (MMA) board, has tendered his resignation, with his notice...
Maldives Stresses Commonwealth’s Role in Supporting Small States
As Commonwealth Day is observed, the Maldives has reflected on the role of the Commonwealth in supporting small states and reaffirmed its...
Ooredoo Maldives Shareholders Approve MVR 3.43 Dividend for 2024
Ooredoo Maldives Plc held its Annual General Meeting (AGM) on Sunday, 9th March 2025, where shareholders approved key resolutions, including the declaration...
Gov’t Plans MVR 15 Billion Land Sale to Central Bank Amid Rising Debt Concerns
The Maldivian government is reportedly preparing to raise MVR 15 billion by selling a large plot of land in Hulhumale’ to the Maldives Monetary Authority...
Maldives’ Travel Agents Call for Action Against Unregulated OTA Dominance
The Association of Travel Agents (ATA) has voiced strong concerns over what it describes as the growing and unchecked influence of Online...
February Revenue Up by 5.4% Year-on-Year Driven by Lease Extension Fees and Income Tax
Revenue collections for the Maldives have shown positive growth in February 2025, reaching a total of MVR 2.47 billion. This represents a...
SDFC to Open Applications for Viyafaari Ehee Loan on 16 March
The SME Development Finance Corporation (SDFC) has announced that applications for its Viyafaari Ehee Loan will open on 16 March, providing financial support to...
Construction Sector Growth Driven by Real Estate Projects in Q4 2024
The Maldives’ construction sector maintained steady growth in the final quarter of 2024, supported by rising bank credit and sustained real estate...
Discussions Held on Traffic Flow Ahead of New VIA Terminal Opening
Authorities have held discussions to address potential changes to traffic flow around Velana International Airport (VIA) in preparation for the upcoming opening...
Investment Opportunities Opened for Gan Island Development in Gaafu Dhaalu Atoll
Gadhdhoo Council has announced exciting investment opportunities on the uninhabited island of Gan, located in Gaafu Dhaalu Atoll. Both Maldivian and international...
LATEST ARTICLES
Traditional Fishing Under Pressure as Ocean Temperatures Rise, Says Fisheries Minister
Minister of Fisheries and Ocean Resources Ahmed Shiyam has warned that rising ocean temperatures are placing traditional Maldivian fishing practices under increasing...
Maldives Reaches One Million Tourist Arrivals Earlier Than Ever in 2025
The Maldives marked a significant tourism milestone on Saturday, welcoming its one millionth tourist for the year—its fastest achievement of the figure...
Bank of Maldives Signs as Banking Partner for Bizweek 2025
Bank of Maldives (BML) is the Banking Partner of Corporate Maldives for its flagship event “Bizweek” 2025, taking place from 18–19 June...
Dhiraagu Unveils “Eid Bolah Gon” Giveaway with Big Tech Prizes
Dhiraagu brings the festive spirit alive with its “Eid Bolah Gon” social media giveaway, offering participants the chance to win exciting prizes,...
Ooredoo Fun Run 2025 Returns to Addu City – Register by 15 June
Ooredoo Maldives invites runners of all ages to register by 15 June 2025, 23:59 for the Ooredoo Fun Run 2025 – Addu...
