Maldives and India Sign Agreement to Facilitate Local Currency Transactions
The Maldives Monetary Authority (MMA) and the Reserve Bank of India (RBI) have signed a Memorandum of Understanding (MoU) in Mumbai to...
Budget Committee Approves 2025 Budget with Enhanced Oversight Conditions
The Budget Committee of Parliament has approved the proposed 2025 budget, incorporating amendments aimed at increasing transparency and fiscal accountability. The decision...
Ministry of Fisheries Launches Work on 25-Year Fisheries Masterplan
The Ministry of Fisheries and Ocean Resources has commenced efforts to develop a 25-year masterplan aimed at guiding the sustainable growth and...
High Costs and Allegations of Corruption Plague Aasandha System
Aasandha CEO Aminath Zeeniya has raised concerns about the high prices charged by major private hospitals, revealing that discussions are ongoing to...
Destination Future Raises Concerns Over New Dollar Exchange Policies
Destination Future, a Maldivian NGO dedicated to sustainable development, has raised significant concerns about the government’s recent changes to the dollar exchange...
President Yameen Proposes Mandatory USD 500 Million Contribution from Foreign Banks
Former President Abdulla Yameen has proposed making it mandatory for foreign banks operating in Maldives to contribute USD 500 Million to the...
Ooredoo Maldives Achieves ISO Certification for Call Centre Operations
Ooredoo Maldives has become the first company in the Maldives to achieve ISO certification for its call centre operations, marking a historic...
President Ratifies Constitutional Amendments Addressing Governance and National Sovereignty
President Dr Mohamed Muizzu has ratified the Sixth Amendment to the Constitution of the Maldives, introducing several changes aimed at enhancing governance,...
‘Girls to Code’ Programme Concludes Successfully in HA. Dhidhdhoo
Dhiraagu and Women in Tech Maldives have announced the successful conclusion of the "Girls to Code" programme in HA. Dhidhdhoo. The two-month...
Has the ‘Maldives First’ Policy Achieved Its Goals or Caused More Harm?
In a recent interview with PSM News, Foreign Minister Dr. Abdulla Khaleel described President Dr. Mohamed Muizzu’s “Maldives First” policy as a...
Applications Open for Dhiraagu Apprenticeship Programme 2025
Dhiraagu has announced the opening of applications for its flagship Dhiraagu Apprenticeship Programme 2025, a key Corporate Social Responsibility (CSR) initiative aimed...
Concerns Raised Over Resistance to Medicine Price Reductions
The CEO of the National Social Protection Agency (NSPA) and spokesperson for the President's Office, Heena Waleedh, has voiced concerns about some...
5,000 Deported, 10,000 Tracked: How the Maldives Is Tackling Illegal Immigration
The Maldives’ efforts to address illegal immigration through "Operation Kurangi" have shown notable success, with Controller General of Immigration Mohamed Shamaan Waheed...
Attorney General Defends Legality of MMA’s Foreign Exchange Rules
Attorney General Ahmed Usham has affirmed the Maldives Monetary Authority’s (MMA) authority to impose foreign exchange regulations, including a rule requiring tourist...
Subsidy Reforms Expected to Drive Inflation in Maldives by 2025
The Ministry of Finance has projected an increase in inflation to 3.9 percent in 2025, following the implementation of subsidy reforms scheduled...
President Muizzu Appoints Mohamed Khaleel to Economic Council Amid Dollar Policy Tensions
President Dr. Mohamed Muizzu has named Mohamed Khaleel, his tourism advisor and a prominent figure in the Maldivian hospitality industry, to the...
Declining Fertility Rates in the Maldives: Economic Challenges Loom as Birth Rates Fall
The Maldives is undergoing a notable demographic shift, with fertility rates consistently declining over the past decade. According to the Vital Statistics...
Deputy Speaker Alleges Ongoing Corruption in State-Owned Enterprises
Deputy Speaker of Parliament and MP for Dhiggaru, Ahmed Nazim, has raised allegations of persistent corruption within State-Owned Enterprises (SOEs), despite significant...
Maldivian to Launch Wide-Body Aircraft Operations in January, Expanding Long-Haul Reach
President Dr. Mohamed Muizzu has announced that Maldivian, the national carrier, will begin operations with wide-body aircraft in early January. The announcement...
Government Announces Aasandha Reforms Aimed at Saving MVR 500 Million
Finance Minister Moosa Zameer has announced that the government is set to save MVR 500 million through reforms to the national health...
Finance Minister Warns of Delays if Development Projects Lack Adequate Funding
Minister of Finance Moosa Zameer has raised concerns over insufficient financial allocations for development projects, warning that this could lead to delays...
MPL’s Sea-to-Air Cargo Service Generates Over USD 3 Million for Maldivian Economy
The Maldives Ports Limited (MPL) has reported significant success with its sea-to-air cargo service, which has generated over USD 3 million for...
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...
Tourism Industry’s Call for Compromise Ignored Amidst New Dollar Rules
In response to newly introduced regulations by the Maldives Monetary Authority (MMA) mandating a compulsory USD 500 fee per tourist at resorts,...
LATEST ARTICLES
Maldives Slams COP29 Climate Finance Deal as Inadequate Amid Escalating Crisis
The Maldives has criticised the USD 300 billion annual climate finance target agreed upon at the COP29 summit, stating that it falls...
Ministry Teams Up with ESCAP and APCICT to Support Women in Business
The Ministry of Social and Family Development, in collaboration with ESCAP (Economic and Social Commission for Asia and the Pacific) and APCICT...
Maldives Secures Nine Prestigious Titles at World Travel Awards 2024
The Maldives has cemented its position as a global tourism leader, winning nine prestigious titles at the World Travel Awards 2024, held...
Parliament Committee to Probe Pending Payments to SOEs
The Public Accounts Committee of Parliament has resolved to seek details of all pending payments owed to State-Owned Enterprises (SOEs), following a...
MPL Targets USD 6.5 Million in Revenue by Year-End
Maldives Ports Limited (MPL) is aiming to achieve USD 6.5 million in revenue by the end of this year, according to its...
