Maldives Revenue Exceeds Forecasts Despite 17% Year-on-Year Decline
Maldives Inland Revenue Authority (MIRA) has released its monthly revenue collection for July 2024, revealing a mixed picture of the country’s financial...
President’s Housing Loan Initiative: Will Low-Interest Rates Hold Up?
To address the housing crisis, President Dr Mohamed Muizzu unveiled a new housing loan policy during his Independence Day speech last month....
Gov’t to Host Seminar on Boosting Tourism in Southern Maldives
The Ministry of Tourism has announced the upcoming South Tourism Development Symposium 2024, focusing on enhancing tourism in the southernmost atolls of...
The Impact of Declining Resort Bednights on the Maldivian Economy
The Maldives is facing a notable challenge within its crucial tourism sector. According to the latest Economic Update from the Maldives Monetary...
Maldives’ Foreign Minister Embarks on Official Visit to Bahrain
The Minister of Foreign Affairs, Moosa Zameer, has commenced an official visit to the Kingdom of Bahrain upon the invitation of Bahrain’s...
Govt’s Ambitious Goal of 3 Million Tourists by 2026: A Reality Check?
The Maldivian government has set a bold target to welcome three million tourists annually by 2026, according to Tourism Minister Ibrahim Faisal....
Maldives Immigration Receives 277 Reports via New ‘Immigration Watch’ Platform
Maldives Immigration has received 277 reports of unlawful activities via the newly launched ‘Immigration Watch’ platform, less than a month since its...
IASL Signs Agreement to Expand Maafaru International Airport Apron
Island Aviation Services Limited (IASL) and the Maldives Transport and Contracting Company (MTCC) have formalised an agreement to significantly expand the apron...
Political Influence in Finance: MMA’s Latest Amendment Allows Broader Political Appointments
The Maldives Monetary Authority (MMA) has made a controversial decision to amend the “Regulation on Corporate Governance for Banks, Insurance Companies, and...
MPL CEO Highlights Success of Sea-to-Air Cargo Service
The Chief Executive Officer of Maldives Ports Limited (MPL), Mohamed Wajeeh Ibrahim, has announced the success of the company’s sea-to-air cargo service,...
Maldives Signs MoU for UPI: What Is It and Why Does It Matter?
The Maldives is set to enhance its digital payment landscape with the introduction of India’s Unified Payment Interface (UPI) payment service. A...
Ooredoo Nation Global Faceoff Concludes with Qatar Triumphing Over Maldives
The Ooredoo Nation Global Faceoff, the first international esports tournament organised by Ooredoo Maldives, has successfully concluded, with Team Qatar emerging as...
Export Decline vs. Rising Imports: A Closer Look at Maldives’ Trade Balance
The Maldives has experienced a notable shift in its trade balance during the first half of 2024, with exports declining significantly while...
President Muizzu Courts Indian Support in Bid to Reinforce Bilateral Relations
The Minister of External Affairs of India, His Excellency Dr Subrahmanyam Jaishankar, paid a courtesy call on Maldivian President His Excellency Dr...
Maldives and India Partner to Enhance E-Commerce and Digital Payments
The Maldives has signed a Memorandum of Understanding (MoU) with NIPI International Payments Limited (NIPL), a subsidiary of the National Payments Corporation...
Luxury Resort Amilla Fushi in Maldives’ Baa Atoll Up for Sale
Amilla Fushi, a luxurious resort located in the UNESCO World Biosphere Reserve of Baa Atoll, Maldives, has been officially listed for sale...
MMA Announces Recruitment of Five Managing Directors
The Maldives Monetary Authority (MMA) has announced the recruitment of five Managing Directors as part of its recent structural changes aimed at...
Maldives Reaffirms Ties with India During Dr. Jaishankar’s Visit
The Maldives has reaffirmed its strong and enduring relationship with India, as expressed by Moosa Zameer, Minister of Foreign Affairs, during a...
Bunkering Service to Boost Jobs, Drive Economic Growth, Pledges MPL CEO
The Chief Executive Officer of Maldives Ports Limited (MPL), Mohamed Wajeeh, has announced that the upcoming bunkering service is set to generate...
A Step Towards Rebuilding Ties: Dr. Jaishankar’s Visit Signals Easing of Strained India-Maldives Relations
The arrival of India’s Minister of External Affairs, Dr. S. Jaishankar, in the Maldives marks a significant moment in the evolving relationship...
SIFCO Triumphs at Ooredoo Masrace 2024 in K. Himmafushi
Team SIFCO has emerged victorious at the Ooredoo Masrace 2024, securing the championship title with an impressive 999.35 points. The event, held...
Oman Air Resumes Seasonal Flights to the Maldives for Winter 2024
Oman Air has announced the resumption of its seasonal flights between Muscat and Malé, set to commence on 27th October 2024. This...
Tourism Ministry, MMPRC, and MATATO Share Updates from ‘Welcome India’ Roadshow
The Maldives Marketing and Public Relations Corporation (MMPRC) hosted a press conference at its headquarters to announce the latest updates on the...
National Registry of Fishermen Hits 200 Vessel Milestone
The Ministry of Fisheries and Ocean Resources has announced the registration of 200 fishing vessels in the newly established National Registry of...
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...
