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,...

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...

LATEST ARTICLES

Report: New Housing Loan Scheme, Ambitious Vision or Economic Gamble?

The Maldivian government's recent launch of the 'Hiyaavahi' finance scheme has been hailed by many as a significant step towards addressing the...

Dhiraagu Supports Kulhudhuffushi Knowledge Centre with Digital and Educational Contributions

Dhiraagu has extended its support to the newly established Knowledge Centre in Kulhudhuffushi City, an initiative launched by the Kulhudhuffushi City Council...

Foreign Minister Praises Indian High Commissioner for Strengthening Bilateral Ties

The High Commissioner of India to the Maldives, Mr. Munu Mahawar, paid a farewell call on the Minister of Foreign Affairs, Dr....

Seaplane Services to Take Off at Hanimaadhoo International Airport, Says MACL

Maldives Airports Company Limited (MACL) has unveiled plans to introduce seaplane services at Hanimaadhoo International Airport as part of efforts to diversify...

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...
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