India Notifies Export Quotas for Essential Commodities to Maldives for 2025-26

India has formally notified the export of specified quantities of essential commodities to the Maldives under the bilateral trade agreement between...

Tourism Sector GST Falls as Key Revenue Source in First Two Months of 2025

Maldives’ revenue collection for the first two months of 2025 reveals a mixed picture, with February marking a year-on-year increase while...

Tourism Ministry Announces New Resort Bids in Key Atolls

The Ministry of Tourism and Environment has opened bidding for the lease, development, operation, and management of tourist resorts in three...

President Muizzu Visits Liverpool to Kick Off Tourism Campaign with Liverpool FC

President Dr Mohamed Muizzu has departed for Liverpool, United Kingdom, to inaugurate a high-profile tourism promotion campaign in partnership with Liverpool...

Maldives Ups Minimum Spend on Sovereignty Projects to USD 100 Million

President Dr Mohamed Muizzu has amended Presidential Decree No. 2025/6, significantly increasing the minimum investment threshold for strategic development projects deemed...

Restaurant and Hotel Prices Surge Nearly 30 Percent Year-on-Year in Maldives

Prices in the restaurant and accommodation sector have risen by nearly 30 per cent over the past year, according to the...

Gov’t Eyes Fast-Paced Rollout of 550 Development Projects

President Dr Mohamed Muizzu has announced that physical work on more than 550 development projects—including both new and previously stalled initiatives—will...

Bayfancy Residence: Smart Living with a Personal Touch

Start your day with the warmth of natural light filtering in as your bedroom adjusts to a comfortable 22°C, a thoughtful touch...

President Hails Rise in Dollar Remittances, Says USD 150M Sent to Banks Since January

President Dr Mohamed Muizzu has revealed that USD 150 million has been remitted to local banks since January under the new...

Last Chance to Tap and Win: Ooredoo’s Karaa Felhun Game Ends Soon with Grand...

Gaming fans across the Maldives are being reminded that time is nearly up to join Ooredoo Maldives’ popular Ramadan mobile game, Karaa...

Blackstone Eyes TMA in Deal Valued Under USD 500M, Deutsche Bank Seeks Financing Partners

Deutsche Bank is in discussions with lenders and private credit funds to arrange a USD 200 million loan to support Blackstone's...

Nikita Sharma to Speak at Sun Siyam Olhuveli Maldives on Cultivating a Positive Mindset

Sun Siyam Olhuveli Maldives is set to host a motivational session for its staff featuring Indian influencer and speaker Nikita Sharma...

CPI Rises 0.27% in February as Utilities and Telecoms See Price Hikes

The Maldives’ Consumer Price Index (CPI) rose by 0.27% in February 2025 compared to the previous month, showing a slight easing...

Gov’t Seeks Contractors for Council Buildings Across Six Atolls

The government is moving ahead with plans to construct council secretariat buildings on islands across six atolls, with Minister of Cities,...

Maldivian Expands Baa Atoll Access with Seaplane Flights to Fulhadhoo

Maldivian, the national airline of the Maldives, has introduced a new seaplane service connecting the capital to Baa Atoll’s Fulhadhoo, significantly...

Travel Ban Lifted in Controversial Binveriyaa Land Allocation Case

Authorities have lifted the travel restrictions imposed on individuals implicated in the controversial allocation of land under the Binveriyaa housing scheme,...

Senior Officials Inspect Immigration Area of New Velana Terminal

Senior officials from Maldives Airports Company Ltd (MACL) and the Ministry of Homeland Security and Technology visited the New Passenger Terminal...

MIRA Clarifies Tax Obligations on Directors’ Account Balances

The Maldives Inland Revenue Authority (MIRA) has issued detailed guidance on how directors' financial transactions with their companies should be treated...

Level Up: How Gamified Training Could Reshape Employee Development in the Maldives

Human resource departments face mounting pressure to attract, engage, and retain top talent. Traditional training methods—often seen as dull and unengaging—can lead...

Customs Investigates Suspected Cigarette Smuggling at VIA

Maldives Customs Service has launched an investigation following the discovery of cartons of cigarettes being removed from the departure terminal of...

Villa College Expands Curriculum with Tech, Healthcare, and Culinary Programmes

Villa College has announced the launch of six new academic programmes, marking what the institution calls a major step towards meeting...

Maldives’ Construction Waste Disposal System Set for Completion by July

The Maldives' long-awaited construction waste disposal system is expected to be completed by July this year, according to Minister of Tourism...

Voting Opens for Hotelier Maldives Awards 2025

Public voting has commenced for the Hotelier Maldives Awards 2025, presented by Bestbuy Maldives (BBM), giving the public a chance to...

UK-Maldives Event Showcases Renewable Energy Opportunities and Climate Collaboration

The British High Commission in Malé, in partnership with UNDP and Villa College, recently hosted GREAT Conversations on Climate Change Mitigation &...

LATEST ARTICLES

TGST Hike Comes into Effect: Tourism Sector Now Subject to 17% Rate

The Tourism Goods and Services Tax (TGST) in the Maldives has officially increased from 16 percent to 17 percent as of today,...

Diversifying Dollar Access: MIB’s Untapped Potential to Serve Maldivians

For years, the Bank of Maldives (BML) has carried the burden of being the country’s primary source of US dollar services for...

Maldives Signs Investment Residency Deal: What It Means for the Economy

The Government of Maldives has signed an agreement with global investment migration firm Henley & Partners to establish the country’s first-ever residence...

Solar City, Residence by Investment Programme Among Key Deals at Business Forum

The Maldives–Singapore Business Forum 2025, held at Capella Singapore, brought together over 200 delegates, including high-ranking government officials, international investors, and leading...

PCB Appoints Directors to Support State-Backed Development Bank

The Privatisation and Corporatisation Board (PCB) has appointed four members to the Board of Directors of the newly established Development Bank of...
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