PCB Announces New Appointments to SOEs

The Privatization and Corporatization Board (PCB) has announced new appointments to key positions in 11 state-owned enterprises (SOEs), reflecting a significant reshuffle...

Maldives and China Discuss Enhanced Collaboration at High-Level Meeting

The Minister of Economic Development and Trade, Mohamed Saeed, recently held discussions with Li Xiaosan, Vice Chairman of the Standing Committee of...

MIFCO Participates in the 18th INFOFISH World Tuna Trade Conference & Exhibition

The Maldives Industrial Fisheries Company (MIFCO) is participating in the 18th INFOFISH World Tuna Trade Conference & Exhibition, set to be held...

Gov’t Issues Safety Directives to the Construction Industry Amidst Adverse Weather

In response to the ongoing adverse weather conditions, the Ministry of Construction and Infrastructure has mandated all construction sites across the Maldives...

Aasandha Company Ltd Reports 5% Increase in Expenditure in Early 2024

The state-owned Aasandha Company Ltd, responsible for managing the government’s healthcare financing services, has reported a nearly five percent increase in expenditure...

Maldives Leads Key Achievements at 28th Session of the Indian Ocean Tuna Commission

The 28th session of the Indian Ocean Tuna Commission (IOTC) concluded successfully yesterday with the adoption of 16 pivotal proposals. The Maldives,...

Gov’t Debt Rises to MVR 126 Billion in Q1

The Maldives’ total government debt rose to MVR 126 billion at the end of the first quarter of 2024, marking a significant...

MMPRC Invites Bids for Maldives’ Representation in Australia

The Maldives Marketing and Public Relations Corporation (MMPRC) has issued a Request for Proposals (RFP) to hire an agency to represent the...

Thilafushi’s Second Phase Land Payments Begins

Following the end of Milestone 1, land purchases in the second phase of Thilafushi have been completed through a tender process. 

VIA Announces Partners for Air Service World Congress 2024

Velana International Airport (VIA) announced its partners for the upcoming Air Service World Congress (ASWC) 2024 during a special event at the...

New MoU Aims to Generate MVR 863.5 Million in Revenue from Blue Carbon Credits

A Memorandum of Understanding (MoU) has been signed between the Islamic Trade Finance Corporation (ITFC) and the Maldives. The agreement, known as...

MPL, MACL Successfully Completes First Sea-to-Air Cargo Delivery with Turkish Airlines

Maldives Ports Limited (MPL) has announced the completion of the first sea-to-air transshipment cargo delivery in collaboration with Turkish Airlines. 

Holiday Inn Extends Training Partnership with MNU

Holiday Inn Resort Kandooma Maldives and Maldives National University (MNU) have announced the renewal of their partnership by signing a Memorandum of...

‘Destination Future’ NGO Aims to Drive Positive Change in Maldives Tourism

A new non-profit organization, Destination Future, has been established with the mission of enhancing the Maldives tourism sector.  The...

Connecting the Islands: Advancing Healthcare and Sustainability in the Maldives

The telecommunications sector in the Maldives is undergoing rapid transformation, reflecting a broader commitment to digital innovation and connectivity. As the nation...

Finance Ministry Invites Policy Proposals for Medium-Term Budget Initiatives

The Ministry of Finance has begun working on the Medium-Term Budget for 2025-2027. An official circular has been issued to guide the...

N. Landhoo Unveiled As First Ooredoo Digital Island

Ooredoo Maldives launched its Artificial Intelligence (AI)- powered digital services yesterday in Landhoo Island, located in Noonu Atoll, marking it as the...

Saudi Fund for Development Inaugurates Key Infrastructure Projects in the Maldives

Sultan Abdulrahman Al-Marshad, CEO of the Saudi Fund for Development (SFD), reiterated the Fund’s unwavering commitment to supporting sustainable development projects in...

Maldives Receives USD 150 Million Saudi Loan for Airport, Health

The Saudi Fund for Development (SFD) has extended an additional USD 150 million in loan assistance to the Maldives, which includes a...

Government of Maldives Launches Development Bank to Address Financing Challenges

President Dr Mohamed Muizzu established the Development Bank of Maldives Limited on Thursday, a state-owned establishment wholly owned by the Government of...

Dhiraagu Commemorates World Telecommunication and Information Society Day 2024

Dhiraagu marked World Telecommunication and Information Society Day 2024 with a significant event at the Maldives National University. This celebration, aimed at...

MPL Announces Rent Charges for Apartment Residents

Maldives Ports Limited (MPL) has announced it will commence charging rent from its flat recipients starting October. The decision was conveyed to...

HSBC to Wind Down Maldives Branch

The Hong Kong and Shanghai Banking Corporation (HSBC) has decided to shut down its branch in the Maldives within the next 6-12...

IMF Report Sheds Light on the Maldives’ External Public Debt: A Detailed Analysis

An International Monetary Fund (IMF) report has highlighted the significant external public and publicly guaranteed (PPG) debt challenges facing the Maldives. This...

LATEST ARTICLES

Maldives Showcases Luxury Travel at Riyadh Travel Fair 2024

The Maldives Marketing and Public Relations Corporation (MMPRC), also known as Visit Maldives, is participating in the Riyadh Travel Fair (RTF) 2024,...

Customs Reports 6% Surge in Imports, 22% Fall in Exports

According to the latest reports by the Maldives Customs Service, the Cost, Insurance, and Freight (CIF) value of imports in April 2024...

The Voice of the Vulnerable: President Muizzu’s Rallying Cry for Small Island Developing States

At the Fourth International Conference on Small Island Developing States (SIDS4) in Antigua and Barbuda, President Dr Mohamed Muizzu delivered a speech...

Tourism Development Bank to be Established in Maldives

The Maldives will establish a Tourism Development Bank to support the nation's vital tourism sector, Minister of Tourism Ibrahim Faisal revealed while...

Home Ministry Awaits Investigation Outcome to Decide on Labour Ban Lift

The Ministry of Homeland Security and Technology is still deciding when to lift the ban on recruiting unskilled labourers from Bangladesh. The ban was...
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