Maldives Records 24% Rise in Outward Remittance Last Year
Maldives Monetary Authority (MMA) has revealed in its annual report that USD 92.4 million was recorded as outward remittance in 2020, up...
Maldives Tourism Fairs to be Represented Solely by Local Travel Agents & Tour Operators,...
Maldives Marketing and Public Relations Corporation’s (MMPRC) Managing Director, Fathmath Thaufeeq, revealed a significant change in the representation of Maldives at tourism...
Aeroflot to Resume Operations to the Maldives Mid-April
Aeroflot, the national carrier of Russia to resume flights to the Maldives next month.
Aeroflot canceled all international flights...
Noku Maldives Welcomes Manoharan Mannarlingam (Mano) as New General Manager
Noku Maldives has welcomed Manoharan Mannarlingam (Mano) as their new General Manager.
Born and raised in Singapore, Mano knew hospitality...
STO increases 31 Laari per litre for Petrol and Diesel
State Trading Organization (STO) has decided to increase 31 Laari per litre for petrol and diesel.
In a press release, the biggest importer of oil...
Facebook Temporarily Bans Medical Face Mask Ads
Facebook on Friday announced that they are temporarily banning ads and commerce listing related to medical face masks in relation to the...
CROSSROADS Maldives Officially Launches New Ticketing Lounge at Art Gallery Male’
CROSSROADS Maldives, the first multi-island leisure destination in the Maldives, has officially launched a new Ticketing Lounge in collaboration with Art Gallery...
Urbanco Unveil 15% Down Payment Option for Vinares Flat
Urbanco has announced that buyers making use of the long-term payment plan for Vinares Apartments in Hulhumale’ can now secure their unit...
SriLankan Airlines to carry out free medical camp at Addu Atoll
SriLankan Airlines, the largest carrier into the Maldives, and the only international airline that operates three flights a week to Gan Island...
State Funds are Insufficient to Pay All Freelancers – Economic Minister
Economic Minister Ismail Fayyaz has stated
that the state does not have sufficient budget to provide financial assistance
to all freelancers in the country....
Avoid, Intercept, Redesign! HDC Joins Parley Maldives to Reduce Plastic Footprint of Hulhumalé
Housing Development Corporation has partnered with Parley Maldives and installed plastic collection bins on Hulhumalé beach with the aim of reducing the...
Study Attributes Mangrove Dieback in Maldives to Rapid Sea-Level Rise and Extreme Indian Ocean...
A comprehensive study has revealed that the unprecedented dieback of mangrove forests in the Maldives in 2020 was primarily driven by rapid...
Bidding Opens for Industrial Land in Hulhumale’ Phase 2
Industrial land plots in Hulhumale' Phase 2 are now available for sale through a competitive bidding process. The available plots range in...
Ooredoo Maldives Introduces KARTI Store in the Maldives!
Ooredoo Maldives introduces KARTI Store, an online platform for eGift cards and gaming codes for the Maldives. KARTI Store offers customers a...
Regulation Clause that Allowed Resorts to Dump Trash into Ocean Repealed
A section in the 'Regulation on the Protection and Conservation of the Environment in the Tourism Industry’ which allowed resorts to dispose...
Road Closures Announced for DMRR 2024
In preparation for the Dhiraagu Maldives Road Race (DMRR) 2024, scheduled for Friday, 25 October, road closures will be implemented to ensure...
Maldives Fish Exports Plummet by Nearly 44% in 1Q2024
Fish exports from the Maldives encountered a notable setback in the initial quarter of 2024, as indicated by data released by the...
Hussain Shiham Joins Esteemed Jury Panel for ITFF Africa Awards 2021
International Tourism Film Festival (ITFF) Africa has announced Hussain Shiham as one of its esteemed jurors for the ITFF Africa Awards 2021....
CROSSROADS Maldives, MTCC Sign Strategic Partnership Agreement
CROSSROADS Maldives has signed a Memorandum of Understanding (MOU) with Maldives Transport and Contracting Company PLC (MTCC) offering exclusive benefits to MTCC’s...
Ooredoo Maldives partners with Maldives National University
Maldives National University (MNU) comes to an agreement with Ooredoo Maldives to establish M-faisa services to pay student tuition fees.
At the signing ceremony held...
2 Rufiyaa Coins Stock Renewed
Due to low numbers remaining in 2 rufiyaa coins stock, a new stock of 2 rufiyaa coins have been brought in by...
MIRA collects more than MVR 2 billion as revenue in July
The Maldives Inland Revenue Authority (MIRA) collected MVR 2.1 billion last July as revenue. This is 54.8% higher than the revenue collected in July...
MOPA and Partners Expand PET Collection to Addu City
The Maldives Ocean Plastics Alliance (MOPA) and its partners have expanded the NGO’s flagship PET collection project to Addu City, the southernmost...
Fitch Credit Rating for Maldives Drops to ‘CCC’
Fitch Ratings Inc., an American credit rating agency, has now downgraded Maldives’ long-term foreign-currency Issuer Default Rating (IDR) from ‘B’ to ‘CCC’.
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...
