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...

Maldives’ January Imports at MVR 5.2 Billion, Exports Reach MVR 144 Million

The Maldives recorded imports worth MVR 5.2 billion in January 2025, with fuel accounting for MVR 728 million of the total, according...

Maldives Q4 2024 PPI: Tourism and Construction Surge, Utilities Decline

The Maldives Bureau of Statistics has released the Producer Price Index (PPI) for the fourth quarter of 2024, revealing varied trends across...

New Animal Protection Bill Proposes Fines Up to MVR 1 Million

The government has submitted the Animal Care and Protection Bill to Parliament, proposing a legal framework for the care, husbandry, and trade...

Parliament Approves Non-Resident Ambassadors to Russia and Morocco

The Parliament has unanimously approved President Dr Mohamed Muizzu’s nominations for non-resident ambassadors to Russia and Morocco. The appointments were confirmed in...

LATEST ARTICLES

The Price of Residency: What the Maldives Must Fix Before Welcoming Wealth

This week, the Maldives officially entered the global investment migration market. In partnership with Henley & Partners, the country is launching its...

MMPRC Acknowledges Financial Losses, Outlines Reforms and Marketing Push

The Maldives Marketing and Public Relations Corporation (MMPRC) has responded to heightened scrutiny over its financial performance, after audit and parliamentary reports...

Maldives Sees Modest Inflation Rise in May, Driven by Electricity and Food Prices

Inflation in the Maldives edged up in May 2025, with the Consumer Price Index (CPI) rising by 0.48 percent compared to April....

Business Owners Must Apply for Tobacco Licence by 17 July, Says HPA

The Health Protection Agency (HPA) has reminded business owners that 17 July is the deadline to apply for a licence to conduct...

MMA Report: Resort Tourism Dips Even as Tourist Arrivals Surge in May

Tourist arrivals to the Maldives rose by 13 percent in May 2025 compared to the same period last year, according to the...
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