President Appoints Ahmed Munawar as Governor of Maldives Monetary Authority
President Dr Mohamed Muizzu has appointed Ahmed Munawar as the new Governor of the Maldives Monetary Authority (MMA). The appointment, made under...
Maldives and US Discuss Cybersecurity Enhancements
The Maldives and the United States have engaged in discussions to enhance the cybersecurity sector, with a focus on bolstering the cyber...
Maldives Targets Indian Market with ‘Welcome India’ Roadshow Series
The Maldives is set to strengthen its tourism ties with India through the “Welcome India” roadshow series, a collaborative initiative between the...
Gov’t Seeks Investors for 10-Megawatt Floating Solar Project in Addu City
The Ministry of Climate Change, Environment and Energy is inviting investors to establish a 10-megawatt floating solar photovoltaic system in the southernmost...
Japan Provides Grant Aid to the Maldives for Human Resource Development Scholarships
The Government of Japan has extended a significant grant aid of one hundred and sixty-one million Japanese Yen (JPY 161,000,000) to the...
Parliament Advises President to Appoint Ahmed Munawwar as Governor of MMA
The Maldives Parliament has voted to advise President Mohamed Muizzu to appoint Ahmed Munawwar, the Finance Minister’s Advisor, as the new Governor...
Government to Amend Employment Act, Maintain Cap on Expatriate Workers
The Maldivian government, led by the Minister of Homeland Security and Technology Ali Ihusaan, has announced plans to retain a cap on...
Incoming Central Bank Governor Advocates for Austerity and Banking Sector Expansion
Ahmed Munawar, the Governor-to-be of the Maldives Monetary Authority, emphasised the critical need for austerity measures to address the nation’s economic challenges...
Permanent Cargo Route from India to Addu City Proves Successful
The permanent cargo route between India’s Thoothukudi (formerly Tuticorin) and Addu City has demonstrated significant success, with the latest shipment of 800...
Dhiraagu Enhances Convenience for Hulhumale’ Phase 2 Residents with New Partner Shop
Dhiraagu has unveiled a new partner shop in Hulhumale’ Phase 2, enhancing convenience for the local community. This development comes through a...
Maldives Records Significant Increase in Tourist Arrivals for July 2024
The Maldives has experienced a notable increase in tourist arrivals for the month of July 2024 compared to the same period in...
Maldivian Expands Distribution Network with Strategic Partnerships
Maldivian, the national airline of the Maldives, has announced a significant expansion of its distribution network through a strategic partnership with Amadeus...
Malaysia Airlines to Resume Flights to Maldives
Malaysia Airlines is set to resume flights to the Maldives, as announced by the Maldives Airports Company Limited (MACL). The first flight...
Foreign Minister’s Optimism Contrasts with Grim Economic Reality
Foreign Minister Moosa Zameer has asserted that the economic and financial difficulties facing the Maldives are temporary, emphasising that friendly nations are...
Economic Ministry Opens Registration for Maldivian Producers’ Register
The Ministry of Economic Development and Trade has announced the opening of registration for the Maldivian producers’ register, aiming to assist local...
RuPay Cards to be Introduced in the Maldives by August
Minister of Economic Development and Trade, Mohamed Saeed, has announced that RuPay cards will be introduced in the Maldives before the end...
MMPRC, MATATO, and NHGAM Finalise Preparations for “Welcome India” Roadshow
The Maldives Marketing and Public Relations Corporation (MMPRC), in collaboration with the Maldives Association of Travel Agents and Tour Operators (MATATO) and...
Gov’t to Repurpose Hulhumale’ Hotel into Office Building and Media Village
The government has announced plans to repurpose the incomplete hotel project in Hulhumale’ into a government office building, which will also allocate...
MMPRC and NHGAM Sign MOU to Promote Destination Maldives
The Maldives Marketing and Public Relations Corporation (MMPRC) and the National Hotel and Guesthouse Association of Maldives (NHGAM) have signed a Memorandum...
Foreign Minister Announces Chinese Support for Maldives’ Economic Recovery
Chinese President Xi Jinping has assured the Maldives of all necessary assistance to address its current economic challenges, according to Minister of...
Gov’t Seeks License to Establish Maldives Development Bank
The Economic Ministry has submitted an application to the Maldives Monetary Authority (MMA) for a license to establish the Development Bank of...
Traffic Woes in Male’: An Economic Perspective
The high level of vehicle congestion in Male’ is having significant repercussions, according to recent statistics and studies. By the end of...
Economic Minister Outlines Plans to Modernise and Strengthen State-Owned Companies
Economic Minister Mohamed Saeed has announced the current administration’s commitment to modernising state-owned companies and enhancing their credibility as trusted entities. Speaking...
Nexia Maldives Celebrates Nexia Week with a Focus on Sustainability
Nexia Maldives marked Nexia Week with a one-day sustainability event held on 25th January 2024, in partnership with Summer Island Maldives. Nexia...
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...
