Maldives’ Foreign Currency Act Takes Effect
The Maldives has officially implemented the Foreign Currency Act as of 1 January 2025, marking a significant shift in how foreign currency...
Maldivian to Unveil Airbus A330 at Air Show
Maldivian, the national airline of the Maldives, is preparing to host an air show to unveil its first wide-body aircraft, the Airbus...
Maldives Immigration Announces New Year Holiday Operating Hours
The Maldives Immigration has announced its operating hours at the Male’ office for 2nd January 2025, in observance of the government holiday.
MATATO Announces 2024/25 Annual General Meeting and Call for Board Nominations
The Maldives Association of Travel Agents and Tour Operators (MATATO) has announced its Annual General Meeting (AGM) for 2024/25, scheduled for 8...
Maldives and China Set to Implement Free Trade Agreement in January 2025
The Free Trade Agreement (FTA) between the Maldives and China, set to take effect on 1 January 2025, is expected to bring...
Maldives to Ring in 2025 with Culture and Food Festival in Hulhumale
The Maldives will kick off 2025 with a unique cultural celebration as the Maldives Marketing and Public Relations Corporation (MMPRC), in collaboration...
Ooredoo Launches New Add-Ons with Unlimited Data and Enhanced 5G Speeds for the New...
Ooredoo Maldives has introduced new data add-ons for both prepaid and postpaid customers as part of its New Year offerings. These add-ons...
Business Profit Tax Surges to Lead Government Revenue, Outpacing GST
According to the Maldives Monetary Authority’s Quarterly Economic Bulletin for Q3 2024, business profit tax (BPT) has become the leading contributor to...
Maldives Expo 2025: A Platform for Local Businesses to Attract Foreign Investment
The Maldives Expo 2025, set to take place in May next year, will be the country’s largest exhibition. Sharing the details of...
Maldives Welcomes Thousands Aboard MS Norwegian Sky and MS Riviera This Holiday Season
As the New Year approaches, the Maldives is experiencing a boost in tourist arrivals, with two major cruise liners bringing thousands of...
Maldives Experiences Inflation Rise in November 2024
The Maldives Bureau of Statistics has released the latest Consumer Price Index (CPI) for November 2024, showing a significant increase in inflation....
MIRA Sets Strategic Priorities in New Operational Plan 2025
The Maldives Inland Revenue Authority (MIRA) has unveiled its 2025 Operational Plan, detailing a set of initiatives designed to support the organisation’s...
December Sees Increased Private Jet Movements in the Maldives
The Maldives has seen an increase in private jet arrivals this December, continuing a long-standing trend of heightened aviation activity during the...
FENAKA’s Solar Project Set to Cut Diesel Consumption and Save Millions
FENAKA Corporation Limited is advancing its solar energy programme to enhance energy production and reduce reliance on diesel across the Maldives. The...
Vendors Invited to Apply for the Maldives Culture & Food Festival
The Business Center Corporation (BCC) invites vendors to be part of the Maldives Culture & Food Festival, taking place at Central Park,...
Government Expenditure Reaches MVR 48 Billion Amidst Fiscal Pressures
The government has spent a total of MVR 48.3 billion for state expenditure and loan repayments so far this year, according to...
Tourist Yacht Cleared to Enter Maldives via ISPS Gate in Ihavandhippolhu
A tourist yacht has been cleared to enter the Maldives via the ISPS gate in Ihavandhippolhu Atoll, the northernmost region, as confirmed...
Male’ and Villimale’ Roads Set for Comprehensive Overhaul with Assistance from China
The Ministry of Construction, Housing, and Infrastructure has unveiled plans to upgrade Male's roads, addressing long-standing infrastructure issues, including poor road conditions...
November 2024 GST, Green Tax, and Airport Tax Returns and Payments Due Today
The Maldives Inland Revenue Authority (MIRA) has issued a final reminder to all taxpayers that today, 29th December 2024, is the last...
Tourism Growth Strategy: Maldives Sets Ambitious 15% Target for 2025
The Maldives has set an ambitious target to increase tourist arrivals by 15% in 2025, focusing on boosting occupancy rates and leveraging...
Maldives Sees 14% Rise in Jet Fuel Sales as Aviation Growth Continues
Jet fuel sales in the Maldives saw a notable increase in the third quarter of this year, with revenue rising by 14%...
URA Begins Issuing Permanent Licences for Public Utility Services
The Utility Regulation Authority (URA) has commenced the issuance of permanent licences to operate public utility services in the Maldives, marking the...
Dhiraagu Unveils 2025 Calendar: ‘Minivankan Mathee Abadhah’
Dhiraagu has unveiled the company’s 2025 calendar, ‘Minivankan Mathee Abadhah’, on National Unity Day.
The new year’s calendar was...
Maldives Trade Struggles as Fish Exports and Fuel Imports Plummet
Revenue from import-export activities in the Maldives reached approximately USD 16.1 million in November 2024, according to the Maldives Customs Service (MCS).
LATEST ARTICLES
Maldives’ Pension Timebomb: Why Reform Is No Longer Optional
Fifteen years ago, the Maldives introduced its landmark Pension Act, a promise of security for the ageing, built around a seemingly...
Gov’t Disburses MVR 1.6 Billion to Fishermen Since November
The government has issued MVR 1.6 billion in payments to fishermen across the Maldives since mid-November last year, according to Fisheries...
Dhiraagu Awards Dream Holiday to Switzerland Through Ramadan Campaign
Dhiraagu has awarded a dream holiday to Switzerland to the grand prize winner of its Ramadan-themed campaign, marking the culmination of...
Climate Risks Prompt New Strategy for Island Water and Sanitation Networks
The Minister of Tourism and Environment, Thoriq Ibrahim, has underscored the importance of proactive measures to protect water and sewerage infrastructure...
CANCC Workshop in Maldives Highlights Urgency of Adaptation for Low-Lying Islands
The Maldives is currently hosting representatives from four other atoll nations—Kiribati, Tuvalu, Tokelau, and the Republic of the Marshall Islands—for a...
