Government’s Overdraft Reaches MVR 8.2 Billion in Three Years
The government’s overdraft has increased to MVR 8.2 billion over the past three years. In…
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News
Maldives Sees Import Decline and Export Surge in November
According to recent data from the Maldives Customs Service, Maldives witnessed a shift in its…
Urbanco to Resume Reclamation of Hulhumale Phase 3
Urbanco has announced the commencement of Phase 3 reclamation, urging the removal of all vessels…
MIRA Records USD5.4 Million Increase in Zakat al-Mal Collections
The Maldives Inland Revenue Authority (MIRA) has disclosed the collection of USD 5.4 million in…
The President Announces Affordable Housing Loan Plans and Land Allocation
President Dr Mohamed Muizzu has disclosed plans to implement affordable housing loans with minimal interest…
Minister Discloses Work Permit Stats Amidst Labour Ban Reversal
Minister of Homeland Security and Technology Ali Ihusaan has stated that only 36 per cent…
Pay With Mastercard and Win an iPhone 15 Pro
Bank of Maldives has announced a promotion for Mastercard holders. Customers can spend a minimum…
Ooredoo Drone Race 2023 Takes Flight: Unveiling the Final Contenders!
Ooredoo Drone Race 2023 kicked off today with the qualifying round for the Sky Walker…
The President Inaugurates the ‘Ras Malé’ Reclamation Project
President Dr Mohamed Muizzu has officially inaugurated ‘Ras Malé’, marking the commencement of the nation’s…
Industrial Relations Bill Secures Parliamentary Approval
Parliament has formally approved the Industrial Relations Bill. Marking a significant legislative development to ensure…
Ibrahim Ziyau Mohamed Appointed MD of BCC
Business Center Corporation (BCC) has announced the appointment of Ibrahim Ziyau Mohamed as its new…
Cosmopolitan Champa Brothers: A Certified “Great Place to Work”
Cosmopolitan Champa Brothers, one of the Maldives’ top food and beverage suppliers, commemorates a significant…
Dhiggaru Falhu Tourism Zone Development Granted MVR 7 Million for Funding
The Dhiggaru Island Council has recently finalised a project valued at over MVR 7 million…
Fathimath Thaufeeq Appointed MD of MMPRC
Fathimath Thaufeeq has been appointed the Managing Director of the Maldives Marketing and Public Relations…
The President Announces ‘Maldivian’ Nonstop Direct Flights with Wide-Body Aircraft
President Dr Mohamed Muizzu has decided to introduce a wide-body aircraft operation to start nonstop…
Gov’t Announces Establishment of SOE to Promote Maldives Fisheries Products
President Dr Mohamed Muizzu announced the establishment of a dedicated company, ‘Maldives Fisheries and Ocean…
Dhiraagu Extends Support to the Learning Support Class of G.Dh. Atoll Education Centre
Dhiraagu has announced the company has extended support to the Learning Support Class of G.Dh.…
Investment Threshold for SEZs Lowered to USD 100 Million
President Dr Mohamed Muizzu has implemented a revised investment threshold for Special Economic Zones (SEZs),…
Maldives Records 5.2% Increase in Fish Exports October End
The Maldives recorded a 5.2% increase in fish exports, amounting to 63,071.4 tonnes by the…
Bank of Maldives Recognizes Outstanding Employees at ‘Star Awards’
Bank of Maldives has recognized employees for showcasing exceptional performance at the ‘Employee Star Awards’.…
Tourism Minister Addresses Concerns Over GST Levied on Cruise Lines
In a recent post on X, Ibrahim Faisal, the Minister of Tourism, addressed the growing…
Abdulla Nasheed Re-elected President of Maldives Hotel and Guesthouse Association
Abdulla Nasheed, the CEO of Kaani Hotels, has been re-elected as the president of the…
Over 5,000 Participants Ready for Ooredoo Fun Run
With over 5,000 participants registered, Ooredoo is gearing up for Friday as the much-anticipated Ooredoo…
New GST Rules Impact Cruise Ship Arrivals
The cruise ship industry in Maldives is facing a challenging situation following the implementation of…