President Touts Development Bank of Maldives as Key to Economic Diversification
President Dr. Mohamed Muizzu has announced that the newly established Development Bank of Maldives (DBM) will serve as a central hub for...
MMA States It Advised BML on Potential Consequences of Dollar Transaction Caps
The Maldives Monetary Authority (MMA) has provided its perspective on the recent reversal of US dollar transaction limits by the Bank of...
Gov’t Unveils Urgent Measures to Tackle Economic and Currency Challenges
The government has laid out a series of urgent economic measures following a cabinet meeting on Sunday, aimed at addressing the country’s...
Ooredoo Maldives Expands 5G Coverage to 60% of the Country and Launches Exciting Contest
Ooredoo Maldives has announced a significant expansion of its 5G network, now covering 60% of the country. This milestone brings advanced high-speed...
BML’s Quick U-Turn on Foreign Transaction Limits Raises Questions of Ethics
The Bank of Maldives (BML) has swiftly reversed its decision to impose restrictions on foreign currency transactions, just hours after announcing them....
STELCO to Develop Electric Vehicle Charging System
The State Electric Company Limited (STELCO) has announced plans to develop an electric vehicle (EV) charging system as part of its efforts...
MPL and Qatar Airways Sign MoU for Sea-to-Air Transshipment Services
Maldives Ports Limited (MPL) and Qatar Airways have signed a Memorandum of Understanding (MoU) to provide cargo services as part of MPL’s...
Has the Government Delivered on Stabilising the Dollar Exchange Rate?
Earlier this year, the Maldivian government proudly announced strides in stabilising the dollar exchange rate, a move that was expected to bring...
BML Cuts Card Limits: The Ripple Effect on Daily Life
In a move that is likely to have far-reaching consequences for ordinary Maldivians, the Bank of Maldives (BML) has announced significant changes...
Future Summit 2024 Spotlights Sustainable Tourism Strategies
The inaugural Future Summit, hosted by Destination Future at Kurumba Maldives on 20 August 2024, brought together esteemed pioneers of Maldives tourism...
Finance Ministry’s Fiscal Report Delay Persists, Raising Transparency Concerns
The Ministry of Finance has still not released the overdue weekly fiscal updates, which were initially scheduled for the fourth week of...
New Food Safety Regulations: A Step Forward or a Barrier for Home-Based Cooks?
The Food Safety Act, which comes into effect today, introduces significant new regulations for individuals preparing food for commercial purposes from home....
Black Ant Fishing Wins Ooredoo Masrace 2024 Championship in GDh. Thinadhoo
Black Ant Fishing has secured the championship title at the Ooredoo Masrace 2024, held in GDh. Thinadhoo, with an impressive total of...
Maldivian and Qatar Airways Forge New Interline Partnership
Maldivian, the national carrier of the Maldives, partnered with Qatar Airways, offering enhanced connectivity and seamless travel experiences for passengers heading to...
Foreign Minister Zameer Concludes Strategic Visit to Saudi Arabia
Foreign Minister Moosa Zameer has successfully concluded a four-day official visit to Saudi Arabia, aimed at strengthening bilateral ties and exploring new...
MMPRC Launches Global Webinar Series to Promote Maldives Tourism
The Maldives Marketing and Public Relations Corporation (MMPRC) has initiated the “Discover Maldives” webinar series, a global campaign designed to enhance the...
MACL Sponsors Maldives Travel Conference 2024 – Women’s Edition
Maldives Airports Company Limited (MACL) sponsored the Maldives Travel Conference 2024 – Women’s Edition, an event dedicated to promoting women’s empowerment and...
Maldivian Food Products Now Featured on Japanese Platform ‘Food Trip’
The Ministry of Economic Development and Trade has announced a new opportunity for Maldivian food producers to market their products on the...
RACL’s New Partnership Aims to Transform Maldives’ Air Mobility with Vertiports
The Regional Airports Company Limited (RACL) has entered into a Memorandum of Understanding (MoU) with two prominent UAE-based firms, aiming to develop...
Three New Appointees to Maldives Development Bank; CEOs of MTCC and Island Aviation Removed
The Privatization and Corporatization Board (PCB) has announced the appointment of three new board members to the Development Bank of Maldives Limited.
Ooredoo Maldives Opens New Experience Centre in Hulhumalé Phase 2
Ooredoo Maldives has announced the opening of its latest Experience Centre in Hulhumalé Phase 2. The new centre is strategically located at...
Fisheries Minister Advocates for Line Fishing Amid Controversy Over Longline Regulations
Minister of Fisheries and Ocean Resources, Ahmed Shiyam, has emphasised the importance of line fishing for optimising the use of the Maldives’...
Tourism Minister Unveils Plans to Expand Tourism Nationwide
Minister of Tourism Ibrahim Faisal has announced that a comprehensive strategy paper focused on expanding tourism across various regions of the Maldives...
Dhiraagu Maldives Road Race 2024 Opens for Registrations
Dhiraagu has officially opened registrations for the 15th edition of the Dhiraagu Maldives Road Race (DMRR) 2024. The event, which has become...
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...
