Outward Remittances from Maldives Surge by 40% in 2023 Amid Growing Expat Workforce
Foreign remittances have a significant impact on the economic landscape of the Maldives, but unlike in many other countries, they do not...
Maldives Sukuk Bonds Face Selloff as Fears of Default Grow
In recent weeks, Maldivian Sukuk bonds have seen a dramatic fall in value as fears of a potential default escalate. Initially considered...
Maldives and UAE Strengthen Diplomatic Ties
Minister of Foreign Affairs of the Maldives, Moosa Zameer, met with His Highness Sheikh Abdullah bin Zayed Al Nahyan, the Deputy Prime...
Maldives and Kazakhstan Sign MoU on Technology Cooperation
The Maldives has signed a memorandum of understanding (MoU) with Kazakhstan to collaborate on technology development on the sidelines of the Asia-Pacific...
Rethinking Nationalism: Why Embracing Globalisation is Vital for the Maldives
As the Maldives celebrates its National Day, it’s an opportune moment to reflect on what nationalism means for our island nation in...
Maldives Signs BBNJ Agreement, Strengthening Marine Conservation Efforts
The Maldives has officially become the 92nd signatory of the Biodiversity Beyond National Jurisdiction (BBNJ) Agreement, marking a significant step in the...
New Policy Mandates Food Safety Training for Home-Based Cooks in the Maldives
The Maldives Food and Drug Authority (MFDA) has introduced a new policy that requires home-based cooks to undergo compulsory food safety training...
MPL Unveils New Website for Northern Maritime Services
Maldives Ports Limited (MPL) has officially launched a new website dedicated to its upcoming maritime services in the northern Maldives. The site,...
SOE’s Ordered to Implement Cost-Cutting Measures
The Privatisation and Corporatization Board (PCB) has directed state-owned companies (SOE) to implement stringent cost-cutting measures to reduce costs and curtail expenditure....
Azerbaijan Airlines Unveils Direct Flight Route from Baku to the Maldives
Azerbaijan Airlines (AZAL) has announced the launch of its first direct flight service between Baku and the Maldives, commencing on November 8th....
Celebrating Three Years of Success: First National Finance Corporation
Founding Vision: A Catalyst for Financial Transformation
First National Finance Corporation was founded on July 15, 2021, by...
Revamped Foreign Investment Bill Promises Easier Access and Stronger Regulations for Investors
President Dr Mohamed Muizzu has ratified the new Foreign Investment Bill, marking a significant step in modernising the legal framework for foreign...
National Single Window Platform Launched to Facilitate Business
The National Single Window project, designed to be a centralised platform where businesses and individuals can electronically submit all import, export,...
Dhiraagu Maldives Road Race 2024 Set for October: Registration Deadline Approaching
The Dhiraagu Maldives Road Race (DMRR) 2024 is gearing up to be the largest running event in the Maldives once again. Scheduled...
Tourist Arrivals in August Increased by 10%
Tourist arrivals in the Maldives have surged by 10% this year, with the island nation welcoming 1.35 million visitors by the end...
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...
Foreign Minister Moosa Zameer Embarks on Strategic Visit to the UAE
The Minister of Foreign Affairs, Moosa Zameer, has embarked on an official visit to the United Arab Emirates (UAE) at the invitation...
MMPRC Seeks Agency to Promote Maldives in Germany
The Maldives Marketing and Public Relations Corporation (MMPRC) opened invitations for proposals yesterday, seeking agencies to apply for a year-long opportunity to...
Maldives Sees Record Import Growth, Says MPL CEO
The Maldives has recorded the largest volume of import goods in history, according to Maldives Ports Limited (MPL) CEO, Mohamed Wajeeh.
Maldives to Merge State-Owned Enterprises Under Economic Reform Agenda
President Dr Mohamed Muizzu has announced plans to merge several State-Owned Enterprises (SOEs) as part of his Economic Reform Agenda. The decision,...
New Payment Deadline Set for Overdue Expatriate Fees
The Ministry of Homeland Security and Technology has announced a new extension for companies to settle overdue fees and fines related to...
Unfair Trade: The EU and UK’s Tariffs on Sustainable Maldivian Tuna
Maldives, known for its sustainable fishing practices, particularly the pole-and-line method, has long been a model of environmentally responsible fisheries. This technique...
Maldives Unveils Residency Programme for Foreign Investors
The Maldives is set to introduce a new residency programme aimed at attracting foreign investors, offering them the chance to purchase property...
President Ratifies Eighth Amendment to Maldives Employment Act
President Dr Mohamed Muizzu has ratified the eighth amendment to the Maldives Employment Act, originally enacted in 2008. The amendment, which Parliament...