Bodufinolhu Now Part of L. Gan Following Presidential Decree

President Dr. Mohamed Muizzu has officially designated Bodufinolhu, an island in Laamu Atoll, under the jurisdiction of L. Gan. The change was enacted through amendments...

Ooredoo Maldives to Hold Annual General Meeting on 9th March

Ooredoo Maldives has announced that its Annual General Meeting (AGM) will be held on Sunday, 9th March 2025, at 21:30 hrs, allowing shareholders to participate...

Slow Capital Spending Drives Maldives’ MVR 1.4 Billion Fiscal Surplus

The Ministry of Finance has released its Weekly Fiscal Developments Report for the period ending 13th February 2025, revealing that the Maldives recorded a budget surplus of MVR...

Maldives Ends 2024 With MVR 1.61 Billion Green Fund Balance Despite High December Spending

The latest Green Fund Report published by the Ministry of Finance and Planning shows that the Maldives Green Fund collected MVR 109.46 million in December 2024,...

Maldives to Export Tuna to China Under Free Trade Agreement

Maldivian seafood products are set to enter the Chinese market under the Maldives-China Free Trade Agreement (FTA), following an agreement signed between...

Foreign Minister Wraps Up Official Visit to Sri Lanka

Maldives’ Minister of Foreign Affairs, Dr. Abdulla Khaleel, has concluded his official visit to Sri Lanka, aimed at strengthening bilateral, economic, and...

Government to Push for Greater Youth Involvement in Agriculture

The government is prioritising youth engagement in the agricultural sector, with Minister of Agriculture and Animal Welfare Dr Maryam Mariya reaffirming the...

MMA Invites Public Feedback on Draft Foreign Exchange Regulations

The Maldives Monetary Authority (MMA) has invited public comments on the draft General Foreign Exchange Regulations, which have been formulated under the Foreign Exchange...

Foreign Ministers of Maldives and Sri Lanka Discuss Trade, Climate, and Fisheries Cooperation

Foreign Minister Dr. Abdulla Khaleel has reaffirmed the Maldives’ commitment to strengthening diplomatic, economic, and development ties with Sri Lanka during an...

Ramadan Preparations: STO Introduces Price-Stabilised Food Supplies

State Trading Organisation (STO) has commenced the sale of onions, eggs, and potatoes in the Maldives as part of efforts to stabilise...

Ramadan Transport Restrictions: What Businesses in Malé Need to Know

Businesses in Malé City will need to adjust their logistics as the government has introduced specific time slots for transporting goods during...

Gov’t Warns Employers of Expulsion from Expat System Over Unpaid Fees

The government has warned employers that all services provided through the online expatriate system will be suspended if relevant fees are not...

IMF Warns of Rising Fiscal Risks in Maldives, Calls for Urgent Economic Reforms

The International Monetary Fund (IMF) has concluded its 2025 Article IV Mission to the Maldives, issuing a report on 18 February 2025 that highlights economic...

Maldives to Deport Expatriates Without Updated Biometric Data by April 20

The Maldives government has set a deadline of April 20 for employers to update the biometric data of expatriate workers, warning that failure to...

Construction and Retail Sectors Lead Maldives’ Economic Growth, Fisheries See Sharp Decline

The Maldives Bureau of Statistics (MBS) has released the Monthly Indicators of Economic Growth (MIEG) for December 2024, published on 15 February...

Maldives and SACEP Seek Stronger Regional Cooperation on Environmental Protection

The Maldives and the South Asia Cooperative Environment Programme (SACEP) have explored ways to enhance regional cooperation for environmental protection. The discussions...

President’s Austerity Plan Hits a Wall: Parliament Rejects Salary Cuts

The Public Accounts Committee of Parliament has unanimously advised President Dr Mohamed Muizzu to reconsider the proposed 10% salary reduction for employees...

Minister Saeed: 141 Food Items to Be Monitored for Price Stability During Ramadan

The government has announced efforts to stabilise the prices of essential food items during the upcoming Holy month of Ramadan, which is...

Gov’t Announces Changes to Aasandha to Ensure Uninterrupted Medicine Supply

President Dr Mohamed Muizzu has announced a series of changes to the Aasandha system following Cabinet discussions, aiming to prevent medicine shortages...

Minister Dr. Abdulla Khaleel to Undertake Official Visit to Sri Lanka

The Minister of Foreign Affairs, Dr. Abdulla Khaleel, will undertake an official visit to Sri Lanka from 18 to 21 February 2025,...

Employers in the Maldives Reminded to Pay Mandatory Ramadan Allowance by Labour Relations Authority

Employers in the Maldives are reminded to pay the mandatory Ramadan allowance of MVR 3,000 to all eligible employees, as stipulated under...

Ooredoo Nation Unveils Ultimate Gaming Festival with MVR 240,000 Prize Pool

Ooredoo Nation is set to host the biggest gaming event of the year, the Ultimate Gaming Festival, bringing together the best esports...

Maldivian to Transport Maldives Hajj Corporation Pilgrims for2025 Hajj Season

Maldivian, the national airline, has entered a partnership with the Maldives Hajj Corporation to facilitate the air travel of Hajj pilgrims this...

New High Commissioner of Maldives to India Presents Letter of Credence to the President...

The newly appointed High Commissioner of the Republic of Maldives to the Republic of India, Aishath Azeema, presented her Letters of Credence...

LATEST ARTICLES

Maldives’ January Imports at MVR 5.2 Billion, Exports Reach MVR 144 Million

The Maldives recorded imports worth MVR 5.2 billion in January 2025, with fuel accounting for MVR 728 million of the total, according...

Maldives Q4 2024 PPI: Tourism and Construction Surge, Utilities Decline

The Maldives Bureau of Statistics has released the Producer Price Index (PPI) for the fourth quarter of 2024, revealing varied trends across...

New Animal Protection Bill Proposes Fines Up to MVR 1 Million

The government has submitted the Animal Care and Protection Bill to Parliament, proposing a legal framework for the care, husbandry, and trade...

Parliament Approves Non-Resident Ambassadors to Russia and Morocco

The Parliament has unanimously approved President Dr Mohamed Muizzu’s nominations for non-resident ambassadors to Russia and Morocco. The appointments were confirmed in...

Tobacco Imports Subject to Duty Under China-Maldives FTA, Confirms Minister

Economic Minister Mohamed Saeed has confirmed that tobacco products and cigarettes will not be exempt from import duties under the Free Trade...
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