Maldives to Implement First South Asian FTA with China
The implementation of the Free Trade Agreement (FTA) between China and Maldives, as disclosed by…
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Maldives’ SOEs Achieve Growth in Banking and Utilities, Face Setbacks in Real Estate in Q2 2023
The State-Owned Enterprises (SOEs) of Maldives, have demonstrated varied performances in the second quarter (Q2)…
Costa Serena Arrives in the Maldives with Over 3000 Tourists
Costa Serena, an illustrious Italian cruise ship, has docked in the Maldives with over 3,000…
Keylakunu Set to Become an Eco-Tourism Hub in the Maldives
The Maldivian government has announced plans to develop the island of HDh. Keylakunu as a…
Muizzu Initiates Key Economic Reforms in Maldives
President Dr Mohamed Muizzu has announced a series of initiatives following a Cabinet meeting held…
Economic Council Cancels Seven Airport Development Agreements
The Economic Council has decided to cancel seven finance agreements related to the development of…
Maldives to Open Treasury Bonds to Development Companies to Spur Investment
Maldives is set to welcome companies engaged in development projects within the country to invest…
Muizzu to Strengthen Economic Ties with China During State Visit
President Dr Mohamed Muizzu, accompanied by the First Lady, has embarked on a State Visit…
Key Maldivian SOEs Face Significant Revenue Declines in Q2
In the recent quarterly review for Q2 released by the Privatization and Corporatization Board (PCB),…
Cabinet Deliberates on the Creation of a National Development Bank
President Dr. Mohamed Muizzu informed his Cabinet about plans to address the potential establishment of…
Oaga Art Resort Welcomes Local Artists to Exhibit at Veyoge Gallery Villas
Oaga Art Resort, a local brand in the Maldives, has announced an open call for…
New Economic Initiatives to Receive Duty Exemption Boost
The government is making significant changes under the Special Economic Zone (SEZ) Act. The latest…
President Redirects Port Development to Thilafushi
President Dr. Mohamed Muizzu revealed a significant change in plans for the Malé Commercial Port.…
Hotelier Maldives Awards 2024 Welcomes Entries
Hotelier Maldives has launched entries for the Hotelier Maldives Awards 2024. These prestigious awards honour…
VIA Sets Record with 649 Seaplanes in a Day
Velana International Airport (VIA) achieved a new milestone on January 2, 2024, as it welcomed…
Rasmale Project to Cost Contractor USD 700 Million, Says Minister
Minister of Construction and Infrastructure, Dr. Abdulla Muththalib, disclosed that the cost of reclaiming Fushi…
Bids Open for Expansion and Redevelopment of Kulhudhuffushi Airport Terminal
To enhance services and accommodate the growing number of passengers, Kulhudhuffushi Airport, The Regional Airports…
Government to Initiate Comprehensive Development on Vilimale’
In a recent announcement, Minister of Health Dr. Abdulla Khaleel declared a commitment by the…
Government Funds New Office Building for Cost Savings
To cut down on the expenses of running government offices, Minister of Construction and Infrastructure…
Maldives Initiates International Finance Services Authority
President Dr. Mohamed Muizzu has revealed plans to create the Maldives International Finance Services Authority.…
President Launches VIA Mega Project for 25 Million Passengers
President Dr. Mohamed Muizzu launched a megaproject to develop the Velana International Airport and economic…
Allied Community Fund and Education Fund Grant Winners Announced
Allied Insurance Company has disclosed the beneficiaries of its 2023 Community Fund and Education Fund,…
Five New Resort Developments Greenlit for Kaafu Atoll
To broaden the tourism landscape, the Visitor Economy Council in Maldives has greenlit the development…
India Leads Tourist Arrival in 2023, Securing Top Spot Yet Again
India has emerged as the leading source of tourist arrivals in the Maldives for the…