Moody’s Downgrades Maldives’ Credit Rating Amid Rising Default Risks; MMA Assures Stability
Moody’s Investors Service has downgraded the Government of Maldives’ long-term local and foreign currency issuer ratings to Caa2 from Caa1, citing rising...
President Mandates Price Control on Medicines; Health Ministry Cracks Down on Unlicensed Providers
President Dr. Mohamed Muizzu has directed relevant authorities to enforce existing laws for controlling the prices of medicines, while the Health Ministry...
Czech Embassy Opens Submissions for Small Scale Projects
The Embassy of the Czech Republic in New Delhi has officially opened for submissions for its Small Scale Projects (SSP) for 2025....
Communications Authority of Maldives Transferred to Homeland Security Ministry
President Dr. Mohamed Muizzu has decided to transfer the Communications Authority of Maldives (CAM) to the Homeland Security Ministry. This decision, made...
Gov’t Holds Talks with Local Councils on Fishermen Register
Senior government officials recently convened to discuss the registration of fishermen in collaboration with local councils. The meeting, attended by Minister of...
Renaatus Irumathi: A New Dawn of Oceanfront Living in Hulhumale’
On the eastern edge of Hulhumale’, where the first light of day breaks across the Indian Ocean, Renaatus Irumathi Residence stands as...
Maldives-India Relations in Focus as President Muizzu Plans Visit to New Delhi
President Dr Mohamed Muizzu is set to visit India in the coming days, as announced by the Spokesperson of the President’s Office,...
Maldives Faces Deportation Challenges for Undocumented Migrants
Maldives Immigration is encountering significant hurdles in repatriating migrants from its Detention Centre, according to Ismail Shareef, Deputy Head of the Enforcement...
ThilaMale’ Bridge Project Nears Halfway Mark with 43.59% Completion, Strategic Meeting Held in India
The ThilaMale’ Bridge project, part of the Greater Male’ Connectivity initiative, has made notable progress, with 43.59% of construction completed, according to...
MMPRC Represents Maldives at 2024 Tropical Coastal City Tourism Event in China
The Maldives Marketing and PR Corporation (MMPRC/Visit Maldives) represented the Maldives at the prestigious ‘2024 Tropical Coastal City Tourism Event’, held in...
Ambassador of Qatar Visits Ooredoo Maldives
Ooredoo Maldives had the honour of welcoming His Excellency Jassim bin Jaber J.B. Al-Sorour, the Ambassador of Qatar to the Maldives, to...
ADB Explores Establishing Resident Mission in the Maldives
The Asian Development Bank (ADB) is in discussions with the Maldivian government to establish a resident mission in the Maldives, signalling a...
‘The Lodge’ Wins Dhiraagu EAFC Mini Series II Duos Tournament
Dhiraagu has successfully wrapped up the EAFC Mini Series II Duos Tournament, crowning Team ‘The Lodge’ as the champions. The two-day event,...
Maldives Receives Strong US Support in Efforts to Introduce PayPal Services, Says Foreign Minister
The Maldives is receiving substantial support from the United States to overcome the challenges associated with introducing PayPal services in the country,...
Maldives Welcomes First Oil Tanker for Upcoming Bunkering Service Slated for September 20th
The first oil tanker for the Maldives' new bunkering service has successfully docked near Kulhudhuffushi City. According to the State Trading Organisation...
Gov’t Prioritises Digitalisation as Cornerstone of National Vision
President Dr Mohamed Muizzu has declared digitalisation as the cornerstone of the Maldives’ national vision, highlighting its transformative potential in addressing the...
Dhiraagu Renews Partnership with SEED by BCC to Boost Digital Connectivity
Dhiraagu has renewed its partnership with SEED by BCC, the first co-working space of its kind in the country. This continued collaboration...
BML CEO Karl Stumke Steps Down, Recruitment for Successor Underway
Karl Stumke, Chief Executive Officer of the Bank of Maldives (BML), has officially resigned, according to a statement released by the bank...
Gov’t Launches Phase One of Tradian: NSW Platform Connects 10 Agencies
The government has officially announced Phase One of Tradian, the nation’s first National Single Window (NSW) platform, listing the agencies and services...
Maldives Ratifies 13th Amendment to Tourism Act, Revises Lease Extension Fees for Resorts
President has officially ratified the 13th Amendment to the Maldives Tourism Act (Act Number 2/99), introducing significant changes to the payment periods...
200-Hectare Agriculture Zone in UTF to Begin in January, Says Minister
The development of a 200-hectare Agriculture Economic Zone in Uthuru Thilafalhu (UTF) is set to commence in January 2025, according to the...
Maldives’ New Planning Laws: A Step Forward or a Setback for Decentralisation?
President Dr Mohamed Muizzu has ratified two pieces of legislation. The Urban Planning and Management Act (Act No. 15/2024) and the 13th...
Maldives Usable Reserves Rise to USD 61 Million
The Maldives Monetary Authority (MMA) has reported an increase in the nation’s usable reserves, which have now reached USD 61 million.
Chinese Tourist Arrivals in Maldives Break 200,000 Barrier
The Maldives has achieved a significant milestone in its tourism sector, surpassing 200,000 tourist arrivals from China in 2024. This marks a...
LATEST ARTICLES
Report: New Housing Loan Scheme, Ambitious Vision or Economic Gamble?
The Maldivian government's recent launch of the 'Hiyaavahi' finance scheme has been hailed by many as a significant step towards addressing the...
Dhiraagu Supports Kulhudhuffushi Knowledge Centre with Digital and Educational Contributions
Dhiraagu has extended its support to the newly established Knowledge Centre in Kulhudhuffushi City, an initiative launched by the Kulhudhuffushi City Council...
Foreign Minister Praises Indian High Commissioner for Strengthening Bilateral Ties
The High Commissioner of India to the Maldives, Mr. Munu Mahawar, paid a farewell call on the Minister of Foreign Affairs, Dr....
Seaplane Services to Take Off at Hanimaadhoo International Airport, Says MACL
Maldives Airports Company Limited (MACL) has unveiled plans to introduce seaplane services at Hanimaadhoo International Airport as part of efforts to diversify...
Gov’t Plans to Double Travel Allowance by Early 2026
President Dr Mohamed Muizzu has commented on proposed measures to improve dollar circulation in the Maldives' banking system, including mandatory exchange requirements...
