Bank of Maldives to Appoint Karl Stumke as CEO
Bank of Maldives has decided to appoint Mr. Karl Stumke as its new Chief Executive Officer.
Karl brings over...
The Tools Store — Making Your Life Simple
A brand-new hardware store, 'The Tools Store' has opened to simplify your life. Located in Fulooniya Magu, it offers high-quality hardware, paint,...
Discovery of New Ecosystem ‘The Trapping Zone’, an Oasis of Life in the Maldives
Scientists on the Nekton Maldives Mission have discovered evidence of ‘The Trapping Zone’ - an oasis of oceanic life observed at 500...
Maldives Records 53% Decrease in Exports and 48% Increase in Imports in August 2022
Maldives has recorded an increase in imports coupled with a decrease in exports during August 2022, compared to the same period last...
MIRA Collects MVR 1.41 Billion in Tax Revenue Last Month, a Decrease of 29%!
Maldives Inland Revenue Authority (MIRA) has announced that it collected MVR 1.41 billion as total tax revenue during the month of September...
Dhiraagu Partners with Tourism Ministry and Ocean Geographic for Reef Health Assessment Photo Contest
Dhiraagu has partnered with the Ministry of Tourism and Ocean Geographic to support a reef health assessment photo competition, held to commemorate...
Non-Filers and Non-Payers of GST, Green Tax, and Withholding Tax Returns Disclosed
Maldives Inland Revenue Authority (MIRA) has revealed the names of those who failed to submit tax returns and make tax payments. According...
Why Should Companies Worry About Mental Health?
With the recent marking of World Mental Health Day, mental health at the workplace is at the top of everyone's minds these...
President Solih Appoints High Commissioners to India and Malaysia
President Ibrahim Mohamed Solih on Monday appointed Ibrahim Shaheeb as the High Commissioner of the Republic of Maldives to the Republic of...
Daycare Centre and Parking Building to be Established in Hulhumale’
Housing Development Corporation (HDC) has awarded the construction of a daycare centre and a parking building in Hulhumale' to two companies.
Universal Foundation and Villa College Conduct 4th Batch of ‘Discover Hospitality’ Programme
Universal Foundation and Villa College have awarded certificates of internship to students of the "Discover Hospitality" programme.
The internship...
ICP Holds Panel Discussion to Mark World Mental Health Day
Institute for Counselling and Psychotherapy (ICP) has held a special panel discussion to mark World Mental Health Day.
The...
MTCC Provides Update on L. Fonadhoo Road Construction Project
Maldives Transport and Contracting Company (MTCC) has provided an update on the L. Fonadhoo Road Construction Project.
According to...
No Plans to Eliminate Price Ceiling of Taxi Fares: Transport Ministry
Although minibus services are accessible in the Greater Male' Region, the Transport Ministry has stated that it has no plans to lift...
Personal Computers Launches a T1 Distributorship for Logitech!
Personal Computers has launched a T1 distributorship for the Swedish brand that changed the way we interact with the digital world for...
Government-Funded Dive Program Certificate Awarded to 23 Students
23 students have completed the Government-funded Dive Instructor Courses at Moodhu Bulhaa Dive Center.
The courses are being carried...
BML Supports to Establish a Safe Drinking Water System in Bodufolhudhoo School
Under its community fund, BML has supported the AA. Bodufolhudhoo School by establishing an RO machine to provide safe drinking water for...
The President and First Lady Conclude State Visit to Bahrain
H.E. President Ibrahim Mohamed Solih and H.E. First Lady Fazna Ahmed on Saturday evening concluded their official State Visit to the Kingdom...
Finance Ministry to Submit MVR 41 Billion State Budget to Parliament on October 31
The proposed MVR 41 billion state budget for the upcoming year is set to be submitted to the Parliament by the Ministry...
Dhiraagu and Maldives Govt Sign MoU with Batelco to Strengthen Cybersecurity in Maldives
A Memorandum of Understanding (MoU) has been executed between the Government of Maldives, Bahrain Telecommunications Company (Batelco) and Dhiraagu aimed and strengthening...
Fushifaru Maldives to Celebrate 5 Years of Authentic Maldivian Experiences
Fushifaru Maldives will be celebrating 5 years of unrivalled hospitality this month. Since Fushifaru Maldives opened its doors to the public on...
Model House Built for Billion Dollar Floating City Project
A model house displaying samples of the houses that will be built as part of the billion-dollar Maldives Floating City project will...
Maldives on a Recovery Path Amid Fiscal Vulnerabilities
Although the Maldives’ economy continues a strong recovery thanks to a rebound in tourism, the surge in global commodity prices has put...
MTCC Completes K. Himmafushi Harbour Development
Maldives Transport and Contracting Company (MTCC) has announced the completion of the K. Himmafushi Harbor Development (Phase 2).
Scope...
LATEST ARTICLES
TGST Hike Comes into Effect: Tourism Sector Now Subject to 17% Rate
The Tourism Goods and Services Tax (TGST) in the Maldives has officially increased from 16 percent to 17 percent as of today,...
Diversifying Dollar Access: MIB’s Untapped Potential to Serve Maldivians
For years, the Bank of Maldives (BML) has carried the burden of being the country’s primary source of US dollar services for...
Maldives Signs Investment Residency Deal: What It Means for the Economy
The Government of Maldives has signed an agreement with global investment migration firm Henley & Partners to establish the country’s first-ever residence...
Solar City, Residence by Investment Programme Among Key Deals at Business Forum
The Maldives–Singapore Business Forum 2025, held at Capella Singapore, brought together over 200 delegates, including high-ranking government officials, international investors, and leading...
PCB Appoints Directors to Support State-Backed Development Bank
The Privatisation and Corporatisation Board (PCB) has appointed four members to the Board of Directors of the newly established Development Bank of...
