MMA Data: Tourism and Construction Lead in MVR 40 Billion Loan Disbursements
According to recent data released by the Maldives Monetary Authority (MMA), banks and financial institutions…
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News
Velana International Airport Installs First Aerobridge
Maldives Airports Company Ltd (MACL) has announced the introduction of aerobridges at Velana International Airport…
Foreign Minister Engages in Key Trade and Visa Discussions in Brussels
The Government of Maldives has engaged in discussions with the European Union (EU) regarding the…
Captain Abdullah Saeed Named Among Top 10 Influential Logistics Leaders
Maldives State Shipping’s former CEO and managing director, Captain Abdullah Saeed, has been recognized as…
Consumer Price Index Reveals 6.17% Increase in Maldives’ Food Prices in 2023
According to a recent report released by the Statistics Bureau, the Maldives experienced a notable…
AGM of Ooredoo Maldives Scheduled for March 2024, Record Date Announced
Ooredoo Maldives has announced the schedule for its upcoming Annual General Meeting (AGM), which is…
Skybiz Investment Ordered to Pay Over MVR 2 Million for Breach of Contract
The Civil Court has ordered Skybiz Investment’s CEO, Mohamed Husham, to pay over MVR 2…
Ooredoo Launches Exclusive Offer in Golden Futsal Challenge
Ooredoo Maldives has announced a lucky draw promotion as part of the current Golden Futsal…
Gov’t Clarifies: Ramadan Price Reductions Through Increased Production, Not Price Control
The Ministry of Agriculture and Animal Welfare has provided clarification on its approach to reducing…
STELCO Signs Technical Support Agreement with Fenaka
State Electric Company (STELCO) and Fenaka Corporation, responsible for electricity supply in the Maldives, have…
STO Records MVR 4 Billion in Q4 Revenue, Experiences Overall Annual Decline in 2023
State Trading Organization (STO) has announced its financial results for the fourth quarter of last…
The Maldives Yacht Rally ‘Savaadheetha Dhathuru’ Set to Sail in February 2024
The Maldives Integrated Tourism Development Corporation (MITDC) has announced the much-anticipated third edition of the…
US and Maldives Commit to Enhanced Economic and Trade Relations
A meeting was held at the President’s Office between US Assistant Secretary Bureau Of South…
Maldives on Track to Attract 2.3 Million Tourists
The Maldives is set to reach a target of 2.3 million tourists by the end…
Maldivian Aims for Wide-Body Aircraft Debut This Year
Maldives’ national airline, Maldivian, is set to introduce wide-body aircraft into its fleet, with services…
Gov’t Set to Begin Dredging for Economic Gateway Project
Economic Minister Mohamed Saeed has recently announced that preparations for the dredging work required to…
Dhiraagu Announces Final Call for ‘Win A Tesla’ Promotion
Dhiraagu has announced the final opportunity for customers to enrol in their ‘Win A Tesla’…
President Muizzu Announces New Fishermen’s Co-operative Society
President Dr Mohamed Muizzu has announced the establishment of the Fishermen’s Co-operative Society following a…
Maldives Industrial Development Free Zone Plc to Lead Ihavandhoo Transshipment Port Project
The Government of the Maldives has assigned the development of the Ihavandhoo transshipment port to…
Dhiraagu Partners with EPA on ‘Restore Rasfari’ Project
Dhiraagu has announced its collaboration with the Environmental Protection Agency (EPA) on the ‘Restore Rasfari’…
Chinese Firm to Construct 15,000 Housing Units in Rasmale
The China State Construction Engineering Corporation (CSCEC) has proposed to construct 15,000 housing units in…
BML Reduces Student Loan Rates to 2.5%
The Bank of Maldives (BML) has announced a reduction in the interest rates for its…
Gov’t Announces New Measures to Reduce Essential Food Prices
President Dr Mohamed Muizzu has introduced policies to lower the prices of essential food items…
How Maldives Can Set the Standard in Eco-Tourism
The Maldives, with its pristine beaches and rich marine life, stands on the cusp of…