Fiscal Snapshot: Maldives Ends 2024 with MVR 15.3 Billion Deficit
The Ministry of Finance has revealed in its latest Weekly Fiscal Developments report that the Maldives concluded 2024 with a significant budget...
Former HDC Managing Director Accused of Disposing Official Documents
The former Managing Director of Housing Development Corporation (HDC), Ibrahim Fazul Rasheed, is facing accusations of disposing of official company documents, according...
MP Raises Concerns Over Limited Use of OneGov Platform
A parliamentary committee is set to summon senior officials from Tradenet Maldives to address concerns about the limited adoption of the OneGov...
Maldives-China Free Trade Agreement Sees MVR 1.9 Million in Initial Trade
The Maldives and China have reported steady progress in bilateral trade following the implementation of their Free Trade Agreement (FTA), with goods...
Ooredoo Maldives Offers Exclusive Prizes at Golden Futsal Challenge
Ooredoo Maldives has unveiled an exclusive promotion, “Golden Futsal Ranuge Furusathu,” at the ongoing Golden Futsal Challenge held at Rehendhi Turf in...
IMF Recommends Climate-Sensitive Reforms for Maldives’ Public Financial Management
The Maldives faces a critical juncture in addressing the dual pressures of climate vulnerability and limited fiscal space, according to a high-level...
Maldives Marine Expo 2025 Gears Up with Sponsors and Partners
The Maldives Marine Expo, the premier exhibition of the National Boating Association of Maldives (NBAM), is set to celebrate its 10th edition...
President Muizzu Stresses Maldives-USA Cooperation in Congratulatory Letter to President Trump
President Dr Mohamed Muizzu has extended his congratulations to President Donald J. Trump on assuming office as the 47th President of the...
New aFAD Designs to Revolutionise Sustainable Fishing in the Maldives
The Ministry of Fisheries and Ocean Resources has launched a project to modernise Anchored Fish Aggregating Devices (aFADs) in the Maldives, aiming...
Maldives to Expand Energy Efficient Hakathari Programme
The Ministry of Climate Change, Energy and Environment has announced plans to expand the Hakathari programme, an energy efficiency labelling initiative, to...
New Regulation in Maldives Mandates Propeller Guards for Excursion Vessels
The Maldivian government has announced a new regulation requiring excursion vessels to install propeller guards, aiming to enhance the conservation of whale...
Foreign Minister Welcomes Indian High Commissioner to Discuss Partnership Expansion
The High Commissioner of India to the Maldives, His Excellency G. Balasubramaniam, paid a courtesy call on the Minister of Foreign Affairs,...
Thelu Veliga Retreat Leasehold Rights Offered for Tender
The Bank of Ceylon has announced the tender sale of the leasehold rights to Thelu Veliga Retreat, a five-star, 30-villa luxury island...
How the Maldives-China FTA Modernises Trade for Local Businesses
The Free Trade Agreement (FTA) between the Maldives and China offers significant opportunities for Maldivian businesses to enhance their trade with China...
Maldives Launches Major Promotional Drive in Germany Ahead of ITB Berlin
The Maldives Marketing and Public Relations Corporation (MMPRC), under its Visit Maldives brand, has announced a major promotional initiative in Germany ahead...
Legal Battle Looms Over Bereavement Policy for Mothers in the Maldives
The Public Interest Law Centre (PILC) is preparing to contest a government policy that requires bereaved mothers to return to work as...
Majority of Maldives’ 2024 Loans Directed to VIA Project as Debt Soars
The Maldivian government secured nine loans totalling USD 334 million (MVR 5.2 billion) in 2024, according to statistics released by the Ministry...
Russia Tops Maldives Tourism Market as 2025 Arrivals Hit 117,532
The Maldives continues to see a steady rise in tourist arrivals in 2025, with a 9.7% increase recorded during the first 18...
Development Bank of Maldives Rollout Progressing on Schedule, Says Economic Minister
Economic Minister Mohamed Saeed has reaffirmed that the rollout of the Development Bank of Maldives (DBM) is progressing on schedule, despite criticism...
Atmosphere Foundation Celebrates Three Years of Transformative Initiatives
Atmosphere Foundation hosted a celebratory event on 16th January 2025 at the Meermuaa Event and Conference Centre, bringing together donors, project partners,...
Tourism Collaboration Between Maldives and China: Unlocking New Opportunities Under the FTA
The Maldives-China Free Trade Agreement (FTA) offers detailed provisions aimed at fostering tourism collaboration, with a strong emphasis on creating joint ventures,...
Tourist Resorts Expected to Exchange Up to USD 40 Million Under New Currency Law
The Maldives Monetary Authority (MMA) anticipates that tourist resorts will exchange between USD 30 million and USD 40 million from October 2024...
Operation Kurangi Collects Data on Over 25,000 Migrant Workers
The Ministry of Homeland Security and Technology has revealed the collection of biometric data on 1,455 migrant workers during a programme conducted...
98 Private Jets in December: Maafaru Airport Concludes 2024 on a High Note
Maafaru International Airport, operated by Island Aviation Services Limited, ended 2024 on a strong note, with December recording 98 private jet movements....
LATEST ARTICLES
SIMDI Group Celebrates 24 Years of Excellence and Growth
SIMDI Group marked its 24th anniversary, celebrating nearly a quarter-century of growth, innovation, and commitment to the Maldivian market. The milestone was...
Report: When the Enforcers Become the Entrepreneurs
The role of the police and military is simple in theory. The police enforce the law, the military safeguards national security, and...
Life Elevated by Design: The Art of Home at Bayfancy
A home is more than just a place to live—it’s a reflection of aspirations, a sanctuary for daily life, and a canvas...
Ihavandhoo Fisheries Complex to Create 150 Jobs, Strengthen Industry
The Fisheries Complex being developed in HA. Ihavandhoo is expected to generate 150 jobs and enhance the Maldivian fishing industry, according to...
Maldives and India Forge Ahead with Economic and Security Partnership
The first meeting of the High-Level Core Group (HLCG) between the Maldives and India was held in Male'. The meeting, convened to...
