Financial Sector Maintains Healthy Growth as Maldives Banks and Insurers Post Robust Results
The financial sector of the Maldives displayed continued strength and stability in the fourth quarter of 2024, according to the latest Quarterly...
Gov’t Agencies Explore Ways to Enhance Agricultural Business Opportunities
The Ministry of Agriculture and Animal Welfare, together with the Maldives Industrial Development Free Zone Company (MIDFZ) and Agronet, has conducted discussions...
Addu City Invites Investors to Develop New City Hotel in Feydhoo
Addu City Council has opened invitations for investors to develop a 45-room city hotel in Feydhoo, located in the Dhigihera Tourism Zone...
Ooredoo Celebrates Ramadan with Inspiring ‘Roadhaige Noor’ Campaign
Ooredoo Maldives has unveiled its Ramadan campaign, ‘Roadhaige Noor’—a special initiative designed to celebrate the essence of the holy month through the...
Concerns Rise Over Maldives’ Marketing Strategy After ITB Berlin Appearance
The Maldives’ showcase at ITB Berlin 2025 has stirred unease within the tourism industry, with stakeholders voicing growing concerns over the event’s...
MMA Reports Increase in Foreign Currency Assets in February 2025
The Maldives Monetary Authority (MMA) has released its financial position for February 2025, highlighting notable growth, particularly driven by an increase in...
Tourism Boost Supports Maldives Economy Despite Challenges in Q4 2024
The Maldivian economy experienced mixed outcomes during the fourth quarter of 2024, marked by robust growth in the tourism sector despite a...
Food Safety Act Significantly Reduces Food-Related Issues in Maldives, MFDA Reports
The Maldives Food and Drugs Authority (MFDA) has reported a significant decline in food safety issues following the implementation of the Food...
UK Leads Tourist Arrivals in Maldives for February, Surpassing China
The United Kingdom became the leading source market for tourism in the Maldives in February 2025, according to recently released statistics from...
Maldivian Extends Proposal Deadline for Airbus A330-200 Operating Lease
Island Aviation Services Limited (IASL), operator of the Maldives' national airline, Maldivian, has announced an extension to the proposal submission deadline for...
Over MVR 7 Million Paid: Euro Marketing’s Second Periodic Payment to Bondholders
Euro Marketing has successfully disbursed over MVR 7 million in its second periodic payment to bondholders, reaffirming its commitment to financial obligations...
Gov’t Introduces Additional Centres for Foreign Worker Biometric Updates
The Ministry of Homeland Security and Technology has announced the establishment of additional service points aimed at assisting foreign workers in updating...
February Tourism Figures Ease Slightly Despite Strong Start to 2025
In February, tourist arrivals in the Maldives experienced a modest decline compared to the same month last year, although the broader picture...
Farhath Shaheer Appointed CEO of MIFCO Following Sudden Dismissal of Predecessor
Farhath Shaheer has been appointed as the Chief Executive Officer and Managing Director of Maldives Industrial Fisheries Company Limited (MIFCO), following the...
Maldives Boosts Travel Links at Berlin’s ITB 2025
The Maldives is making a strong push at the ITB Berlin Fair 2025, with Minister of Tourism and Environment Thoriq Ibrahim leading...
February 2025 Economic Update: An Overview of Growth, Inflation, and Public Debt
The Maldivian economy recorded a 6.5% real GDP growth in the third quarter of 2024, marking an acceleration from the 4.1% growth observed in the second...
Maldives Reimposes Restrictions on Bangladeshi Worker Recruitment
The government has reintroduced stricter regulations on recruiting Bangladeshi workers after initially easing restrictions in December 2023. The decision comes amid concerns...
Gov’t Seeks MVR 2.23 Billion in Treasury Bills
The Ministry of Finance has announced the latest treasury bill issuance, inviting investors to subscribe to MVR 2.23 billion in government securities. The issuance,...
Immigration Reports Rise in Expatriates with Valid Visas at Malé Local Market
Maldives Immigration has reported an increase in the number of expatriates working at Malé City’s local market with valid visas, following a...
India Discusses Collaboration with Maldives on Fisheries Development
India is engaged in discussions with the Maldives government to assist in promoting the island nation’s fisheries sector, according to Indian High...
Registrar of Companies Mariyam Visam Resigns After a Decade in Office
The Registrar of Companies, Mariyam Visam, has stepped down from her position at the Ministry of Economic Development. Her resignation is effective...
Maldives’ January Imports at MVR 5.2 Billion, Exports Reach MVR 144 Million
The Maldives recorded imports worth MVR 5.2 billion in January 2025, with fuel accounting for MVR 728 million of the total, according...
Maldives Q4 2024 PPI: Tourism and Construction Surge, Utilities Decline
The Maldives Bureau of Statistics has released the Producer Price Index (PPI) for the fourth quarter of 2024, revealing varied trends across...
New Animal Protection Bill Proposes Fines Up to MVR 1 Million
The government has submitted the Animal Care and Protection Bill to Parliament, proposing a legal framework for the care, husbandry, and trade...
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...
