Maldives Set to Introduce India’s Unified Payment Interface (UPI)
President Dr Mohamed Muizzu, acting on a recommendation from the Cabinet, has announced a plan to introduce India’s Unified Payment Interface (UPI)...
beOnd Celebrates One-Year Milestone and Unveils Second Aircraft
On 17 October 2024, beOnd, the world’s first premium leisure airline, marked its one-year anniversary with the unveiling of its second aircraft...
Road Closures Announced for DMRR 2024
In preparation for the Dhiraagu Maldives Road Race (DMRR) 2024, scheduled for Friday, 25 October, road closures will be implemented to ensure...
Vice President Departs for CHOGM 2024 in Samoa
Vice President Hussain Mohamed Latheef has embarked on an official visit to Samoa to attend the Commonwealth Heads of Government Meeting (CHOGM)...
Gov’t Prepares Supplementary Budget to Address Current Year Expenses
The Minister of Finance, Moosa Zameer, has confirmed that the government is preparing a supplementary budget to cover the current year’s financial...
MMA Advances Towards Regulation for Asset-Backed Online Money
The Maldives Monetary Authority (MMA) is taking steps towards developing a regulatory framework for asset-backed online money, according to Deputy Governor Ahmed...
STELCO Begins Upgrading Male’ City’s Electricity Network
State Electric Company Limited (STELCO) has commenced significant upgrades to the electricity networks in Malé City. The company announced the beginning of...
Dhiraagu Distributes Race Kits for DMRR 2024
Dhiraagu has commenced the distribution of race bibs and kits for the highly anticipated Dhiraagu Maldives Road Race (DMRR) 2024. The distribution...
MACL Launches ‘MACL Career 2024’ to Guide School Students Towards Aviation Careers
The Maldives Airports Company Limited (MACL) has launched a career guidance initiative, "MACL Career 2024," aimed at educating school children about the...
MMA Reminds Businesses of Key Deadlines Under New Foreign Currency Regulation
The Maldives Monetary Authority (MMA) has announced several important deadlines and requirements for businesses under the new Foreign Currency Regulation. Companies, especially...
Lhaviyani Atoll to Become Maldives’ Next Biosphere Reserve
The Maldivian government has announced plans to designate three additional areas in the country as biosphere reserves over the next five years....
Finance Ministry Introduces Fines for Tender Offenses in New Rule
The Ministry of Finance has introduced a new rule imposing fines on bidders, suppliers, and contractors involved in state tenders, addressing offenses...
Maldives to Develop AI Masterplan for Economic Growth
President Dr Mohamed Muizzu has announced the development of a comprehensive masterplan aimed at harnessing artificial intelligence (AI) for economic growth in...
LRA Introduces New Workplace Safety Compensation Regulations
The Labour Relations Authority (LRA) has introduced a new set of "Workplace Safety and Health Regulations" that define minimum compensation levels for...
Climate Change: Challenges and Policy Priorities for the Maldives
The Maldives faces a pressing dual challenge: managing economic growth while addressing the increasing threats posed by climate change. According to the...
Three Days Left to Vote for Maldives in World Travel Awards 2024
With just three days remaining until voting closes for the 2024 World Travel Awards (WTA), the Maldives is urging travellers, tourism professionals,...
Illegal Business Activities Top Reports Submitted to Immigration Watch Platform
Maldives Immigration has received over 800 reports of unlawful activities involving expatriate workers through its recently launched online platform, Immigration Watch. The...
EOI Opens for Upscale Hotel Projects in Hulhumale’ Phase II Tourism Zone
Developers are being invited to express their interest in constructing and operating three upscale hotels at Urban Isle, located in the Integrated...
DATA Forum 2024 Brings New Insights to Maldives Travel and Tourism Sector
The Destination Advancement Through Analytics (DATA) Forum 2024 was successfully held for the first time in the Maldives on 16th October 2024....
Bank of Maldives Appoints First Maldivian CEO
Bank of Maldives (BML) has named Mohamed Shareef as its new Chief Executive Officer, effective 17th October 2024. His appointment marks a...
BUCG Secures Contract to Reconstruct Taxiway Charlie at Velana International Airport
Beijing Urban Construction Group (BUCG) has been awarded the contract to reconstruct Taxiway Charlie, a crucial component of the Velana International Airport...
STELCO Signs Historic Energy Deal with China’s TBEA Group
State Electric Company Limited (STELCO) has signed a Memorandum of Understanding (MoU) with China’s TBEA Group for a project that the state...
Development Bank of Maldives to Drive Financing for Key Development Projects, Says Minister Saeed
Minister of Economic Development and Trade, Mohamed Saeed, has announced that the Development Bank of Maldives (DBM) will play a central role...
Ooredoo Maldives Donates MVR 16 Million Worth of Medical Equipment to Air Ambulance Service
Ooredoo Maldives has reaffirmed its commitment to improving healthcare in the Maldives by donating specialised medical equipment worth MVR 16 million to...