Post-Election Shake-Up Sees Senior Officials Exit State Posts
The removal and resignation of several senior officials across state institutions have drawn attention to…
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News
Fenaka Managing Director Mohamed Najah Dismissed
Mohamed Najah has been dismissed from his role as Managing Director and Board Member of Fenaka…
MIFCO Announces Price Increase for Canned Fish, Case Now MVR 800
Maldives Industrial Fisheries Company (MIFCO) has raised the price of canned fish to MVR 18.50.…
Indian Naval Vessel IOS SAGAR Arrives in Male’ with Multinational Crew
An Indian naval vessel participating in a regional maritime engagement programme arrived in Male’ on…
Cities Minister Commits to Equal Cooperation Across Local Councils
The government has indicated it will maintain an impartial and collaborative approach in working with…
Housing Developments Linked to BML Seen Contributing to Economic Expansion
An expansion of housing development projects linked to Bank of Maldives is expected to contribute…
Private Jet Arrivals to Maldives Rise in Late March, MACL Data Show
Data released by Maldives Airports Company Limited indicate that private jet arrivals to the Maldives increased compared…
The Limits of Scale in a Small Island Economy
The Maldives has built one of the region’s highest per capita income economies through tourism,…
ADK Opens Final Tranche of MVR 120 Million Bond to Fund Hospital Expansion
ADK Hospitals has moved to complete its MVR 120 million bond issuance, opening subscriptions for…
Central Bank Signals Strengthened FX Position Following Recent Reforms
The Maldives Monetary Authority has pointed to recent foreign currency reforms and policy coordination with…
Maldives to Host Global Creator Summit and Awards in September
The Maldives is positioning itself within the growing creator economy with plans to host an…
Phase 3 of Taxiway Charlie Redevelopment Underway at Velana International Airport
Work has progressed on a key section of Velana International Airport’s airside infrastructure, with Phase…
Dhiraagu Recognises Staff Contributions at Annual Awards Ceremony
Dhiraagu has recognised a wide cross-section of its workforce at its annual awards ceremony, highlighting…
Gov’t Settles USD 500 Million Sukuk, Easing Near-Term Debt Pressures
The Maldives government has cleared a major external debt obligation, settling the USD 500 million…
BML Improves US Dollar Currency Risk as Dollar Pressures Persist Across Economy
A notable positive shift has taken place within the balance sheet of Bank of Maldives,…
SIMDI Bev Opens Entries for Maldives MONIN Cup 2026
SIMDI Bev has launched the Maldives MONIN Cup 2026, the local edition of MONIN’s global…
Mass Legalisation Program Submissions Now Open Until 2 May
Ministry of Homeland Security and Technology has extended the deadline to submit documentation for the…
Dharavandhoo Airport Expansion Begins Under IASL Management
Island Aviation Services Limited (IASL) has assumed operational control of Dharavandhoo Airport and commenced a…
Japan Co-Finances Forum on Elderly Care Systems in Maldives
A national forum on sustainable elderly care and long-term care systems was held in Malé,…
India Approves Record Quotas for Essential Commodity Exports to Maldives
India has approved expanded export quotas for a range of essential commodities to the Maldives…
Tourist Arrivals Fall 20.7% in March Amid Middle East Tensions
Tourist arrivals to the Maldives slowed sharply in March, reversing the stronger momentum seen at…
BML Share Move Drives Market Cap Surge to Over MVR 60 Billion
The Maldives capital market has recorded a sharp expansion in value following a major corporate…
Maldives Eyes East Asia Trade Shift as Conflict Disrupts Routes
The Maldivian government is moving to reduce potential economic pressures arising from the ongoing conflict…
Gov’t Offers MVR 3.5 Billion in New Treasury Bills
The government has invited investors to subscribe to a new series of Maldivian Rufiyaa Treasury…