From Crisis to Opportunity: Lessons from the Pandemic
The COVID-19 pandemic has indelibly transformed the way we live, work, and conduct business globally. For the Maldives, a country that thrives...
Maldives Customs Reports Increase in Import and Export Revenue for July
The Maldives Customs Service has reported that revenue from imports and exports reached USD 24 million in July this year, marking a...
Maldives Partners with SEI-US to Strengthen Capacity in Climate Transparency Efforts
The Ministry of Climate Change, Environment, and Energy has signed an agreement with the Stockholm Environment Institute US (SEI-US) to conduct a...
New Transport Links: Govt’s Strategy to Connect Key Development Zones
The Maldivian government has revealed plans to establish an integrated transportation network connecting Rasmale, Giraavaru Falhu, and Gulhifalhu. This project, in collaboration...
Amendment to the Maldives Securities Act Opens New Avenues for Foreign Investors
The People’s Majlis has passed the third amendment to the Maldives Securities Act 2/2006, marking a significant step towards enhancing foreign investment...
Adoption of Digital Banking: An Overview of Internet and Mobile Banking in the Maldives
In recent years, the Maldives has seen a significant shift towards digital banking services, reflecting a global trend in the financial sector....
Intour Maldives Marks 28 Years by Adopting 28 Sea Turtles
Intour Maldives, a leading luxury destination management company (DMC) in the Maldives, has celebrated its 28th anniversary by adopting 28 sea turtles...
Gov’t Reassures Investors Amid Sukuk Value Decline
The Maldivian government has moved to reassure investors following a dramatic fall in the value of its Sukuk bonds, amid escalating concerns...
Team Husbulhi Wins Ooredoo Masrace 2024, Secures MVR 25,000 Grand Prize
Team Husbulhi has been crowned champions of the Ooredoo Masrace 2024, claiming the grand prize of MVR 25,000 in a highly competitive...
Q1 2024 SOE Review: Revenue Growth Offset by Profit Decline
The Privatisation and Corporatisation Board’s Q1 2024 review of state-owned enterprises (SOEs) report shows profits have declined, while revenue and assets have...
Fuvahmulah City Council Announces Lease of Land for Tourism Projects
Fuvahmulah City Council has announced its decision to lease land from the city’s harbour area for tourism-related projects, inviting interested parties to...
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,...
LATEST ARTICLES
Report: New Housing Loan Scheme, Ambitious Vision or Economic Gamble?
The Maldivian government's recent launch of the 'Hiyaavahi' finance scheme has been hailed by many as a significant step towards addressing the...
Dhiraagu Supports Kulhudhuffushi Knowledge Centre with Digital and Educational Contributions
Dhiraagu has extended its support to the newly established Knowledge Centre in Kulhudhuffushi City, an initiative launched by the Kulhudhuffushi City Council...
Foreign Minister Praises Indian High Commissioner for Strengthening Bilateral Ties
The High Commissioner of India to the Maldives, Mr. Munu Mahawar, paid a farewell call on the Minister of Foreign Affairs, Dr....
Seaplane Services to Take Off at Hanimaadhoo International Airport, Says MACL
Maldives Airports Company Limited (MACL) has unveiled plans to introduce seaplane services at Hanimaadhoo International Airport as part of efforts to diversify...
Gov’t Plans to Double Travel Allowance by Early 2026
President Dr Mohamed Muizzu has commented on proposed measures to improve dollar circulation in the Maldives' banking system, including mandatory exchange requirements...
