Construction Sector Growth Driven by Real Estate Projects in Q4 2024
The Maldives’ construction sector maintained steady growth in the final quarter of 2024, supported by rising bank credit and sustained real estate...
Discussions Held on Traffic Flow Ahead of New VIA Terminal Opening
Authorities have held discussions to address potential changes to traffic flow around Velana International Airport (VIA) in preparation for the upcoming opening...
Investment Opportunities Opened for Gan Island Development in Gaafu Dhaalu Atoll
Gadhdhoo Council has announced exciting investment opportunities on the uninhabited island of Gan, located in Gaafu Dhaalu Atoll. Both Maldivian and international...
Financial Sector Maintains Healthy Growth as Maldives Banks and Insurers Post Robust Results
The financial sector of the Maldives displayed continued strength and stability in the fourth quarter of 2024, according to the latest Quarterly...
Gov’t Agencies Explore Ways to Enhance Agricultural Business Opportunities
The Ministry of Agriculture and Animal Welfare, together with the Maldives Industrial Development Free Zone Company (MIDFZ) and Agronet, has conducted discussions...
Addu City Invites Investors to Develop New City Hotel in Feydhoo
Addu City Council has opened invitations for investors to develop a 45-room city hotel in Feydhoo, located in the Dhigihera Tourism Zone...
Ooredoo Celebrates Ramadan with Inspiring ‘Roadhaige Noor’ Campaign
Ooredoo Maldives has unveiled its Ramadan campaign, ‘Roadhaige Noor’—a special initiative designed to celebrate the essence of the holy month through the...
Concerns Rise Over Maldives’ Marketing Strategy After ITB Berlin Appearance
The Maldives’ showcase at ITB Berlin 2025 has stirred unease within the tourism industry, with stakeholders voicing growing concerns over the event’s...
MMA Reports Increase in Foreign Currency Assets in February 2025
The Maldives Monetary Authority (MMA) has released its financial position for February 2025, highlighting notable growth, particularly driven by an increase in...
Tourism Boost Supports Maldives Economy Despite Challenges in Q4 2024
The Maldivian economy experienced mixed outcomes during the fourth quarter of 2024, marked by robust growth in the tourism sector despite a...
Food Safety Act Significantly Reduces Food-Related Issues in Maldives, MFDA Reports
The Maldives Food and Drugs Authority (MFDA) has reported a significant decline in food safety issues following the implementation of the Food...
UK Leads Tourist Arrivals in Maldives for February, Surpassing China
The United Kingdom became the leading source market for tourism in the Maldives in February 2025, according to recently released statistics from...
Maldivian Extends Proposal Deadline for Airbus A330-200 Operating Lease
Island Aviation Services Limited (IASL), operator of the Maldives' national airline, Maldivian, has announced an extension to the proposal submission deadline for...
Over MVR 7 Million Paid: Euro Marketing’s Second Periodic Payment to Bondholders
Euro Marketing has successfully disbursed over MVR 7 million in its second periodic payment to bondholders, reaffirming its commitment to financial obligations...
Gov’t Introduces Additional Centres for Foreign Worker Biometric Updates
The Ministry of Homeland Security and Technology has announced the establishment of additional service points aimed at assisting foreign workers in updating...
February Tourism Figures Ease Slightly Despite Strong Start to 2025
In February, tourist arrivals in the Maldives experienced a modest decline compared to the same month last year, although the broader picture...
Farhath Shaheer Appointed CEO of MIFCO Following Sudden Dismissal of Predecessor
Farhath Shaheer has been appointed as the Chief Executive Officer and Managing Director of Maldives Industrial Fisheries Company Limited (MIFCO), following the...
Maldives Boosts Travel Links at Berlin’s ITB 2025
The Maldives is making a strong push at the ITB Berlin Fair 2025, with Minister of Tourism and Environment Thoriq Ibrahim leading...
February 2025 Economic Update: An Overview of Growth, Inflation, and Public Debt
The Maldivian economy recorded a 6.5% real GDP growth in the third quarter of 2024, marking an acceleration from the 4.1% growth observed in the second...
Maldives Reimposes Restrictions on Bangladeshi Worker Recruitment
The government has reintroduced stricter regulations on recruiting Bangladeshi workers after initially easing restrictions in December 2023. The decision comes amid concerns...
Gov’t Seeks MVR 2.23 Billion in Treasury Bills
The Ministry of Finance has announced the latest treasury bill issuance, inviting investors to subscribe to MVR 2.23 billion in government securities. The issuance,...
Immigration Reports Rise in Expatriates with Valid Visas at Malé Local Market
Maldives Immigration has reported an increase in the number of expatriates working at Malé City’s local market with valid visas, following a...
India Discusses Collaboration with Maldives on Fisheries Development
India is engaged in discussions with the Maldives government to assist in promoting the island nation’s fisheries sector, according to Indian High...
Registrar of Companies Mariyam Visam Resigns After a Decade in Office
The Registrar of Companies, Mariyam Visam, has stepped down from her position at the Ministry of Economic Development. Her resignation is effective...
LATEST ARTICLES
Architecture That Breathes: How Aséria Balances Climate and Comfort
Situated on the northeastern edge of Hulhumalé, Aséria is emerging as a true architectural marvel in the Maldives. With strong interest from...
Maldives Halal Travel Wraps Up Major Campaigns in Bosnia, Malaysia, and the Philippines
Maldives Halal Travel has concluded three major destination marketing campaigns across Bosnia and Herzegovina, the Philippines, and Malaysia, wrapping up the initiative...
Maldives Targets New Wave of Investors With 50-Year Resort Leases
In its latest bid to expand high-value tourism infrastructure, the Government of Maldives has opened public tendering for the lease, development, operation,...
Gov’t Spending Trails Behind Revenue as Maldives Posts MVR 1.36 Billion Surplus
The Maldives recorded a budget surplus of MVR 1.36 billion as of 19 June 2025, despite subdued government spending on capital projects....
Gov’t Invites Bids to Develop Halal-Compliant Resorts on Long-Term Leases
The Ministry of Tourism and Environment has announced a public tender for the lease, development, and operation of six tourist resorts under...
