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...

Tobacco Imports Subject to Duty Under China-Maldives FTA, Confirms Minister

Economic Minister Mohamed Saeed has confirmed that tobacco products and cigarettes will not be exempt from import duties under the Free Trade...

First Foreign CEO of MIFCO Removed From Position

Dr Vitaliy Lyubimov has been removed from his role as the Managing Director and Chief Executive Officer (CEO) of the state-owned Maldives...

Ooredoo Maldives and Qatar Charity Complete Renovation of Hulhumalé Grand Mosque

Ooredoo Maldives, in partnership with Qatar Charity, has completed renovations on Masjid Al Sheikh Qasim bin Al-Thani (Hulhumalé Grand Mosque), installing a modern air conditioning...

New Foreign Currency Regulation Sets Reporting & Compliance Standards

The Maldives Monetary Authority (MMA) has introduced the General Regulation on Foreign Currency, which came into effect on 28 February 2025. Enacted under...

New MIRA Ruling Establishes Procedures for Reassessing Tax Amounts

The Maldives Inland Revenue Authority (MIRA) has issued a new tax ruling outlining the procedures for redetermining previously assessed tax amounts in...

Consultancy Sought for Addu City’s 14km Bridge Link Project

The Maldives government has initiated plans for a major infrastructure project to connect Hithadhoo and Hulhumeedhoo in Addu City, aiming to enhance...

Maldivian Begins A330 Flights to Cochin and Trivandrum

The national airline, Maldivian, has commenced operations to Cochin and Trivandrum in India using its first wide-body aircraft, the Airbus A330. The...

Electricity Demand in Male’ Falls Below Average During First Day of Ramadan

Electricity consumption in Male’ during peak hours on the first day of Ramadan was recorded at 78 megawatts, significantly lower than the...

Visit Maldives Prepares for an Unforgettable Summer with Game-Changing Campaigns

In an exclusive interview with Corporate Maldives, the Chairperson of Visit Maldives, Abdulla Ghiyas, revealed exciting plans that are set to redefine...

Health Ministry Clarifies Food Advertising Rules Amid Business Concerns

The Ministry of Health has clarified the requirements for advertising food and beverage products following concerns from small businesses and individual service...

STO Opens Applications for Public Shareholders’ Board Representative

State Trading Organization (STO) has opened applications for the position of public shareholders’ representative on its Board of Directors, a role that...

Public Can Now Track Essential Goods Prices via Agu Magu Portal

The Ministry of Economic Development and Trade has officially launched the Agu Magu Portal, a new platform designed to provide the public with...

Fines Imposed for Goods Transport Violations During Ramadan

The Ministry of Transport has announced designated hours for commercial goods transportation during Ramadan, imposing fines for violations under the Road Traffic...

Maldivian Launches ‘Fly with a Smile’ Campaign in Fuvahmulah

Maldivian, the national airline of the Maldives, has launched its latest initiative, the ‘Fly with a Smile’ campaign, in Fuvahmulah, featuring a series of...

New Finance Rules Permit Government Projects Without Competitive Bidding

The government has changed public finance regulations, allowing the procurement of goods and services without a competitive bidding process for the next...

STELCO Deploying 350 Employees for Single-Day Electricity Meter Readings

State Electric Company Limited (STELCO) is set to dispatch 350 employees tomorrow to conduct electricity meter readings across the Malé area in...

LATEST ARTICLES

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...

Sargsyan to Oversee IFC and MIGA Operations in Maldives as World Bank Group Consolidates...

Gevorg Sargsyan, who has been serving as the World Bank Country Manager for the Maldives since 2023, has now assumed an expanded...

Thilamalé Bridge Reaches Key Milestone with Piling Phase Finished

The Thilamalé Bridge project has passed a critical juncture with the completion of its piling works, marking significant progress in one of...

President Muizzu, Singapore Leaders Chart Future of Bilateral Ties

President Dr Mohamed Muizzu and First Lady Sajidha Mohamed were formally welcomed in Singapore yesterday, as part of the President’s ongoing state...

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...
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