President Reassigns LRA to Ministry of Homeland Security and Technology

President Dr. Mohamed Muizzu has reassigned the Labour Relations Authority (LRA) to the Ministry of Homeland Security and Technology, effective from 6...

Gov’t Prioritises Investor Opportunities at AHICE Maldives Summit

In a keynote speech at the “AHICE Maldives Hotel Investment Summit,” Tourism Minister Ibrahim Faisal emphasised the government’s unwavering commitment to creating...

Maldives Financial Position Falls by 7.6% Over One Month

The Maldives financial position has contracted by 7.6%, driven by substantial decreases in foreign and local currency financial assets. According to the...

MIRA to Reinstate Action Policy for Tax Defaulters

The Commissioner General of Taxation, Hassan Zareer, has announced that the Maldives Inland Revenue Authority (MIRA) is in discussions to withhold services...

South Asia Regional Energy Partnership Launched in Maldives

The South Asia Regional Energy Partnership (SAREP) Maldives was inaugurated yesterday in Malé, marking an important development in the region’s pursuit of...

Ooredoo Nation Global Faceoff: Maldives vs. Qatar in Rocket League Showdown

The gaming world is abuzz as the Ooredoo Nation Global Faceoff kicks off tomorrow, featuring a thrilling Rocket League tournament between the...

BML Digital Banking Outages Cause Customer Frustration

The Bank of Maldives (BML) has recently faced significant challenges with its digital banking applications, causing widespread frustration among its customers. Early...

No Government Backing for Siyam’s USD 165 Million Resort Project Loan

The Maldives government has decided against granting a sovereign guarantee for a USD 165 million (MVR 2.5 billion) loan intended for the...

STO Seeks Expressions of Interest for Landmark Commercial Building Development

The State Trading Organization Plc (STO) has issued a call for Expressions of Interest (EOI) for the ambitious development of a twenty-five-storey...

Maldives to Establish Chinese Bank Branch Amid Strengthening Trade Ties

The Minister of Economic Development and Trade, Mohamed Saeed, has announced that efforts are underway to open a branch of a Chinese...

Enhancing Regional Ties: SAARC Secretary-General’s Visit to the Maldives

The Secretary-General of the South Asian Association for Regional Cooperation (SAARC), His Excellency Golam Sarwar, made significant diplomatic engagements today, meeting both...

Gov’t Seeks Providers for Helicopter Services

The Ministry of Transport and Civil Aviation has announced a call for Expressions of Interest (EOIs) from parties interested in providing helicopter...

Maldives Customs to Introduce ‘Simplified Declaration’ Mechanism for Easier Import Duty Payments

Maldives Customs has announced the upcoming introduction of a ‘simplified declaration’ mechanism aimed at streamlining the payment of import duty. This new...

Maldivian Cancels Flights to Dhaka Amid Emerging Situation in Bangladesh

Maldivian, the national airline of the Maldives, has announced the cancellation of its flights to and from Dhaka scheduled for 6th August...

Parliament Introduces Stringent Insurance Bill to Tackle Fraud and Unlicensed Operations

Parliament has introduced a comprehensive bill that imposes severe penalties for providing false information in insurance claims and for operating without a...

STELCO and MNU Join Forces for Academic Study on Rising Electricity Bills

State Electric Company (STELCO) and Maldives National University (MNU) have inked an agreement to conduct an academic study investigating the surge in...

Tourist Arrivals in July 2024 Show Significant Growth

The month of July 2024 marked a significant upturn in tourist arrivals to the Maldives, reflecting a robust recovery in the tourism...

Villa College Launches New Degree Programmes

Villa College has launched two new degree programmes, the Bachelor of Quantity Surveying and the Bachelor of Political Science and International Relations.

Maldives and United States Sign Fourteenth Amendment to Development Objective Grant Agreement

The Maldives and the United States have signed the fourteenth amendment to the Development Objective Grant Agreement (DOAG) today, further solidifying their...

MMA Introduces Managing Director Role in Major Restructure

The Maldives Monetary Authority (MMA) board has approved significant changes to its management structure in a bid to modernise and enhance its...

Maldives’ GDP Growth Surges in Q1-2024: A Look at the Contributing Sectors

The Maldivian economy experienced a significant boost in the first quarter of 2024, with real Gross Domestic Product (GDP) growing by 9.8%...

Maldives Aims to Restore India as a Top Tourism Market

Ibrahim Shiuree, the CEO and Managing Director of Maldives Marketing & Public Relations Corporation (MMPRC/Visit Maldives), has articulated the Maldives’ ambition to...

Maldivian Enhances Connectivity with Synchronised RTL Ferry Services in Kooddoo

Maldivian, the national airline of the Maldives, has announced a seamless connection between its early morning flight to Gaafu Alifu Kooddoo (GKK)...

Gov’t Receives Two Candidates for CEO of Maldives Development Bank

The government has announced the consideration of two candidates for the position of Chief Executive Officer (CEO) of the newly established Maldives...

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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