April 2025 Economic Update: Moderate Growth, Evolving Tourism Trends, and Rising Inflation
The Maldives' economic performance in the fourth quarter of 2024 and the first quarter of 2025 reflects a period of moderated growth,...
PCB Announces New Leadership: Ayesha Nur’ain Janah to Head MACL, Ahmed Shaheer to Chair...
The Privatisation and Corporatisation Board (PCB) appointed new chairpersons to the boards of two major state-owned enterprises—Maldives Airports Company Ltd (MACL) and...
President Muizzu Pledges Written Housing Guarantee for All Eligible Citizens by Year-End
President Dr Mohamed Muizzu has reaffirmed his administration’s commitment to addressing the Maldives’ housing crisis, announcing a bold initiative that will see...
Ministry Invites EOIs for Kinbidhoo–Veymandoo Causeway and Elaa Tourism Island Project
The Ministry of Construction, Housing and Infrastructure (MCHI) on Thursday invited Expressions of Interest (EOIs) for a major infrastructure project linking Thaa...
Electricity Bills Set to Drop as New Tariffs Roll Out
President Dr Mohamed Muizzu announced yesterday that he has instructed the relevant authorities to reduce electricity tariff rates for the domestic category,...
Dhiraagu Introduces Affordable Roaming Packages for 46 Countries
Dhiraagu has unveiled a new range of affordable roaming packages, offering seamless connectivity for customers travelling to 46 countries. This latest initiative...
President Establishes New State-Owned Infrastructure Development Company
President Dr Mohamed Muizzu officially established a new state-owned enterprise, Infrastructure Development Solution Company Limited, under Article 15 of the Companies Act...
VP Urges United Global Action on Glacier Loss at International Conference
Vice President Uz Hussain Mohamed Latheef has called for urgent and unified international efforts to address the accelerating loss of glaciers and...
Bank of Maldives Declares Record MVR 55 Dividend as Profits Reach All-Time High
Bank of Maldives (BML) declared a record final dividend of MVR 55 per share for the financial year 2024, following shareholder approval...
Government Receives Only 3.6% of Projected Foreign Grants in First Five Months of 2025
The Ministry of Finance has revealed that the Maldivian government collected just 3.6 percent of its projected foreign grants for 2025 during...
Maldives and UK Hold Second Strategic Dialogue to Deepen Bilateral Ties
The Maldives and the United Kingdom (UK) convened the Second Strategic Dialogue at the Senior Officials level yesterday in Malé.
Tourism Ministry Hosts Workshop on Mitigation Tracking in Energy and Waste Sectors
The Ministry of Tourism and Environment held a stakeholder workshop yesterday to present and discuss the proposed methodology for tracking mitigation actions...
Millions in Unpaid Rent for Hulhumalé Social Housing, Says HDC
The Housing Development Corporation (HDC) has disclosed that millions of Maldivian Rufiyaa remain unpaid by tenants occupying social housing units in Hulhumalé,...
Ooredoo Maldives Wins ‘Telco of the Year – Small Markets’ for Second Year Running
Ooredoo Maldives won Telco of the Year – Small Markets a the Twimbit Telecom Awards 2025 for two years in a row.
Maldives and Hong Kong Sign Double Tax Agreement to Boost Transparency and Cooperation
The Maldives and Hong Kong signed a Double Tax Agreement (DTA) on Monday during the Asia Initiative meeting, marking a significant step...
Ministry of Economic Development and UNDP Sign MoU to Boost Maldivian Export Development
The Ministry of Economic Development and Trade (MEDT) signed a Memorandum of Understanding (MoU) with the United Nations Development Programme (UNDP) yesterday,...
MMA Grants Pre-Operational Approval to Two New Banks to Boost Financial Sector
The Maldives Monetary Authority (MMA) has granted pre-operational approval to two new banking institutions as part of its efforts to strengthen and...
Tourism and Environment Ministry Hosts Power BI Training to Boost Climate Data Skills
The Ministry of Tourism and Environment has concluded a one-day training programme focused on climate and energy data visualisation using Microsoft Power...
Domestic Prices Decline in April, Led by Drop in Food and Utility Costs
Consumer prices in the Maldives declined for a second consecutive month this year, according to the latest Consumer Price Index (CPI) data...
Non-Resident Commissioner of Singapore Paid a Courtesy Call on President Muizzu
The Non-Resident High Commissioner of the Republic of Singapore to the Maldives, Soo Kok Leng, paid a courtesy call on President Dr...
Maldives and India Hold Second High-Level Core Group Meeting in New Delhi
The Maldives and India held the second meeting of the High-Level Core Group (HLCG) in New Delhi yesterday, continuing efforts to strengthen...
Maldivian Pilgrims to Complete Saudi Immigration at VIA Under Newly Launched Makkah Route Initiative
President Dr Mohamed Muizzu announced yesterday that Maldivian pilgrims can now complete Saudi Arabia’s immigration, customs, and health procedures at Velana International...
Dhiraagu Raises MVR 230,380 to Support Children Under State Care
Dhiraagu has successfully raised MVR 230,380 through its “Donate on DhiraaguApp” campaign, aimed at supporting children under state care. The company presented...
Government Launches New Hulhumalé Masterplan And Website
President Dr Mohamed Muizzu today unveiled the revised master plan for Hulhumalé, 24 years after the original plan was introduced. During a...