Government of Maldives Launches Development Bank to Address Financing Challenges

President Dr Mohamed Muizzu established the Development Bank of Maldives Limited on Thursday, a state-owned establishment wholly owned by the Government of...

Ooredoo Maldives Signs as Digital Partner for Maldives Marine Expo 2023

Ooredoo Maldives has announced that it will serve as the official Digital Partner for the upcoming Maldives Marine Expo 2023, taking place...

IMF Urges Maldives to Halt Printing Money to Protect Maldivian Rufiyaa

The Maldives has been advised by the International Monetary Fund not to print money, to further tighten monetary policy to protect its...

Etihad Airways celebrates 5 years of operations in the Maldives

Etihad Airlines is one of the top airline brands that operate in the Maldives and today celebrated 5 years of success in the country...

Government Collects Over MVR 4.1 billion

The total income of the government during the first two months of 2019 sum up to a total of MVR 4.1...

Jiji Rajesh Promoted to Group Director of Revenue & Distribution of Sun Siyam Resorts

Sun Siyam Resorts announced the promotion of Jiji Rajesh, from Cluster Director of Revenue & Distribution to Group Director of Revenue &...

Fushifaru Maldives’ Innovative Coral Propagation Project

Fushifaru Maldives, a five-star, boutique Resort located in Lhaviyani Atoll, launched a ‘Coral Propagation’ project in 2020, in the hopes of regenerating...

Marriott’s Engineering Conference Celebrates Silent Heroes

Engineering has always been one of the most vital but least applauded elements of the hospitality industry. Behind the scenes and out...

Eco-Friendly Festive Season to be Celebrated at Fushifaru Maldives!

Fushifaru Maldives will be celebrating an eco-friendly festive season from 22nd December 2020 to 1st January 2021. Over this ten-day period, festivities...

MIRA Collects Record Revenue of MVR 22 Billion in 2022

Maldives Inland Revenue Authority (MIRA) collected a record revenue of MVR 22 billion during the year 2022. This figure is a staggering...

Civil Court Orders GoAir to Pay MIRA USD3.6 Million

The Civil Court has ruled in favour of the Maldives Inland Revenue Authority (MIRA) in its case against GoAir, ordering the Indian...

The Resignation of President of PCB- An Example of Unfavorable Working Conditions in Maldives

MP for Maafannu Central constituency, Ibrahim Rasheed stated that the president of Privatization and Corporatization Board (PCB), Mr. Hassan Waheed has resigned...

Over 123,000 People Receive Covid-19 Vaccine in Maldives

According to Health Protection Agency (HPA), over 123,000 people have been vaccinated against COVID-19 in the Maldives as of 2nd March 2021....

HDC Partners with STELCO to Manage Telecom Services in Blue Ridge Residence

Housing Development Corporation (HDC) has signed an agreement with State Electric Company (STELCO) to manage telecommunication services in Blue Ridge Residence.

CTI Maldives Concludes Kuda Giri Training

Last Friday, the government opened Kuda Giri Picnic Island to the public, offering a variety of amenities. The personnel...

Sri Lankan Airlines to begin flights from Colombo to Melbourne

Sri Lankan airlines has decided to begin its routes to the second most populous city of Australia, Melbourne. According to Sri Lankan airlines, they...

Economic Ministry Collaborates with Maldives Police Service to Conduct Security Officer Training

A Security Officers Initial Training (SOIT) programme will be conducted in collaboration with the Ministry of Economic Development and the National College...

Voyages Maldives appointed as GSA for GoAir

Voyages Maldives Pvt Ltd is the newly appointed GSA for Indian low-cost carrier – GoAir. The Inaugural flight from Mumbai to Male...

Spend via AMEX Card and Win a Trip to London

Bank of Maldives has announced a new promotion for American Express cardholders.  During the Promotion, AMEX Cardholders that make...

Dhiraagu to distribute their dividends

Dhiraagu has planned to distribute their dividends at MVR 11.81 per share. The decision has been agreed by the company's board for their next...

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...

Master’s in Professional Accounting Now Offered at Villa College

Villa College has announced the launch of a new Master's programme in Professional Accounting, further expanding its academic offerings in the field...

Road Assessment for Male’ and Villimale’ Completed by Chinese Expert Team

The Ministry of Construction and Infrastructure has announced the completion of road condition assessments for Male’ City and Villimale’. Conducted by a...

Bank of Maldives Opens Applications for “Aharenge Bank” Community Fund

Bank of Maldives has today opened applications for proposals under its “Aharenge Bank” Community Fund, a program to empower individuals and NGOs...

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...
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