Maldives and China Enhance Relations with Twenty Key Agreements
Maldives and China have significantly strengthened their bilateral relations by exchanging twenty crucial agreements. This…
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News
Fisheries Ministry Extends Invitation to Fishermen for Board Representation at MIFCO
The Ministry of Fisheries and Ocean Resources has opened applications for fishermen who wish to…
Record-Breaking Day at VIA with Unprecedented Air Traffic Movements
Velana International Airport (VIA), the principal gateway to the Maldives, has achieved an extraordinary milestone…
Maldives Tourism Fairs to be Represented Solely by Local Travel Agents & Tour Operators, Announces MMPRC
Maldives Marketing and Public Relations Corporation’s (MMPRC) Managing Director, Fathmath Thaufeeq, revealed a significant change…
Tourism Ministry and MMPRC Strategize to Position China as Dominant Source Market
To achieve the government’s goal of attracting two million tourists this year, the Maldives Ministry…
Government Dispenses Overdue USD 6.5 Million to Fishermen
The government has decided to disburse USD 6.5 million from pending payments to fishermen, with…
12% Surge in Maldives Tourist Arrivals 2023
Maldives witnessed an impressive upswing in tourist arrivals as 2023 drew to a close, with…
IASL Appoints Former MD Mohamed Mihad as Chairman
Island Aviation Services Ltd has announced the appointment of Mohamed Mihad as the new Chairman…
12 Government-Owned Companies Experience Major Board Reshuffle
The Privatization and Corporatization Board (PCB) has undertaken a major reshuffling of the board of…
Maldives to Expand Air Connectivity with 15 New Domestic Airports
At the Invest Maldives Forum in China, the government announced plans to construct 15 additional…
Finance Ministry Offers MVR 4.2 Billion T-bills
In an effort to cover government expenses, the Finance Ministry has announced the sale of…
Maldives Signs USD 50 Million ‘Urban Isle’ Project with China
China’s Hunan Construction Investment Group has secured the contract to construct seven architecturally innovative buildings,…
Maldivian to Expand International Flight Operations with Boeing 787 Lease
Maldivian, operated by Island Aviation Services Limited (IASL), has announced its intention to lease a…
President Seeks China’s Assistance for Ambitious Infrastructure Projects in Maldives Under Belt and Road Initiative
President Dr Mohamed Muizzu has actively sought China’s support in advancing major infrastructure developments in…
Economic Ministry Allows Registration for Single Shareholder Companies
The Ministry of Economic Development and Trade announces the permission for individuals to register single…
Maldives to Implement First South Asian FTA with China
The implementation of the Free Trade Agreement (FTA) between China and Maldives, as disclosed by…
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),…