India Boosts Essential Commodity Exports to the Maldives
The Indian government has announced a significant increase in the export quotas of essential commodities to the Maldives for the 2024-25 period....
Resort Revenue Dropped By USD 529 Million in 2023, MATI Reveals
Resort revenue plummeted by a staggering USD 529 million compared to the previous year's figures, according to a report released by the...
Gov’t Expands Maritime Economy with New Bunkering Project
The Maldives will begin construction on a significant new bunkering facility in Ihavandhippolhu around June, according to the Economic Minister. The project...
Swiss Developer Plans Major Resort Expansion
A Swiss-backed development company plans to reclaim eleven islands and 24 sandbanks in the Maldives' Noonu Dhigufaru lagoon as part of a...
Zakat Collections Reach Over MVR 4.5 Million
The Maldives Zakat House has collected over MVR 4.5 million (USD 290,000) in Fitr Zakat donations during the first twenty days of...
Maldives Tourism ‘Robust’ Despite Shift in Source Markets, Says Minister
Economic Minister Mohamed Saeed has sought to downplay the recent decline in Indian tourist arrivals, suggesting that certain media reports have exaggerated...
Maldives Immigration Names Ashfan Deputy Controller
Maldives Immigration has announced that Ahmed Ashfan has assumed the position of Deputy Controller within the organization.
Ashfan brings...
Gov’t Launches Online Platform for Reporting Aviation Safety Violations
The Maldivian government has launched a new digital platform designed to enhance aviation safety. The Aviation Security Confidential Reporting System, created by...
Unan Trading: Elevating Brazilian Excellence on the Global Stage
Nestled amidst Brazil's lush agricultural heartland lies a wealth of culinary treasures, largely undiscovered by consumers beyond its borders. Unan Trading, a...
The Evolving Role of HR: From Compliance to Connection
In the shifting landscape of the modern workplace, the role of Human Resources (HR) departments is under intense scrutiny. The question lingers:...
Maldives Featured on Global Bunkering Map
The Maldives has been recognized as a strategic bunkering location, securing a position on the popular global map Vitol Bunkers. Bunkering refers...
President Muizzu Defends Spending Cuts, Cites Reduced Loan Reliance
The Maldivian government has revealed a decrease in capital expenditure in 2024 compared to the previous year. According to the Ministry of...
MPL Switches Stevedoring Fees to US Dollars
The Maldives Ports Limited (MPL) has implemented a change in its stevedoring fee structure, now charging ships in US dollars. This policy...
Fuvahmulah City Prepares for Tourism Expansion with Development Agreement
The Fuvahmulah City Council has taken a significant step towards expanding the tourism industry in Fuvahmulah City with the signing of a...
Ooredoo Maldives Offers Insta360 Camera in April Atholhu Dhuvun Challenge
Ooredoo Maldives has announced an exciting prize for April as part of its popular mobile game, "Atholhu Dhuvun." In partnership with Sea...
Airports or Alternatives: Examining the Maldives’ Development Debate
President Dr Mohamed Muizzu's decision to construct nine additional airports in the Maldives has ignited a national conversation about development priorities. While...
Maldives Output Growth in 2024 Forecasted at 4.7%, A 0.5% Downgrade
The Maldives output growth is expected to fall by 0.5% in 2024 as tourists opt for immersive experiences in guesthouses at local...
Commercial Bank of Maldives Publishes List of Dormant Accounts
The Commercial Bank of Maldives (CBM) has published a notice regarding dormant accounts in accordance with the Maldives Bank Act (Law No....
PCB Introduces ‘Governance Award’
The Privatization and Corporatization Board (PCB) has announced the introduction of a new award, titled the Governance Award, aimed at promoting strong...
Sun vs. Hilton: Fraud Allegations and Conflicting Laws Cloud Resort Paradise
Sun Travels & Tours and Hilton International were involved in a legal dispute regarding the Irufushi Beach & Spa resort in the...
Maldives Calls for Genuine Partnerships to Drive SIDS Development
In a statement delivered at the Second Session of the Preparatory Committee for the Fourth International Conference on Small Island Developing States...
Gov’t to Seek Solutions for Company Debt Repayment
The government is exploring ways to address the mounting debts incurred by government-owned companies, President Dr Mohamed Muizzu announced during a recent...
SIMDI Unveils Week 3 Winners of Ramadan Promotion Lucky Draw
SIMDI Group has unveiled the winners of the 3rd Week of the company’s Ramadan Promotion Lucky Draw.
SIMDI reveals...
Maldives Tourism Surges 15% in Early 2024
According to data released by Tourism Minister Ibrahim Faisal, tourist arrivals in the Maldives during the first quarter of 2024 surged by...