Parliamentary Committee Recommends Dismissal of MMA Governor Ali Hashim
Today, the Public Accounts Committee of the Parliament recommended the dismissal of Central Bank Governor Ali Hashim. The motion to remove Hashim...
Climate Envoy Urges to Harness Ocean Resources for Renewable Energy
Special Envoy for Climate Change Ali Shareef has called for the Maldives to seek additional solutions for generating renewable energy. His remarks...
Parliamentary Committee to Summon Agencies Over Financial Scams
The Parliamant Committee on State-Owned Enterprises (SOE) will summon all relevant agencies today to address questions concerning a recent scam involving the...
Broad Money in the Maldives Declines to MVR 58.9 Billion in May 2024
The Maldives Monetary Authority (MMA) has reported a significant drop in the country’s broad money supply, which fell to MVR 58.9 billion...
Decline in Fishing Activity Leads to Shortage of Fish Products in Retail Stores
The Maldives is experiencing a significant decline in fishing activity, resulting in a shortage of fish and fish products in retail stores...
Maldivian Increases Flights to Trivandrum to Meet Rising Demand
Maldivian, the national airline of the Maldives, has announced an increase in its flights to Trivandrum, India, in response to growing demand...
Surveillance from Above: Maldives Customs’ Drones Raise Questions on Legal Boundaries
The Maldives Customs Service announced today its decision to acquire several drones to bolster the monitoring of vessels entering the country’s borders....
STO Withdraws from Hotel Business in Hulhumale Phase I
The State Trading Organization (STO) has announced its decision to withdraw from its hotel business in Hulhumale Phase I. This decision marks...
New Policy Allows Multiple Bids for Thilafushi Industrial Land
In a significant policy shift, individuals can now submit more than one bid to purchase industrial land in Thilafushi. Previously, the policy...
MSS Expands Fish Export Operations to Southeast Asia
Maldives State Shipping (MSS) has announced a new venture to export frozen fish to Southeast Asian countries, in collaboration with the Maldives...
Finance Ministry to Issue USD 77.7 Million in Treasury Bills
The Ministry of Finance has announced plans to issue Treasury bills (T-bills) totalling USD 77.7 million. This initiative includes the sale of...
Finance Minister and MMA Governor Clash Over Economic Strategy Amid Crisis
Finance Minister Dr Mohamed Shafeeq has asserted that the government has not received proactive counsel from the Maldives central bank, the Maldives...
MAHRP Announces HR Excellence Awards 2023 to be Held on July 24th
The Maldives Association for HR Professionals (MAHRP) has announced that the MAHRP HR Excellence Awards 2023 will take place on July 24th...
Government Recovers MVR 74 Million in Expat Fees
The Ministry of Homeland Security and Technology has announced that MVR 74 million out of the MVR 1.7 billion owed to the...
STO Aims for Carbon Neutrality by 2050
The Managing Director of the State Trading Organisation (STO), Shimad Ibrahim, has announced the company’s ambitious goal to become carbon-neutral by 2050....
Maldives Deports Over 2,000 Undocumented Immigrants
Controller General of Immigration Mohamed Shamman Waheed announced on Sunday that local authorities have deported a total of 2,013 undocumented immigrants back...
Indian High Commissioner Pays Courtesy Call on President Muizzu
His Excellency Munu Mahawar, High Commissioner of the Republic of India to the Republic of Maldives, paid a courtesy call on His...
One in Five Young People in the Maldives Not in Education, Employment, or Training
Figures released by the Maldives Bureau of Statistics have revealed a concerning trend: one in five young people in the Maldives are...
EU and Maldives Begin Negotiations for €6.5 Million Grant Aid
The European Union (EU) and the Maldives have commenced negotiations to facilitate €6.5 million in grant aid aimed at addressing critical environmental...
STO Announces Plans to Ensure Uninterrupted Medicine Supplies in the Maldives
The State Trading Organization (STO) announced on Friday evening that it is working with the United Nations Development Programme (UNDP) to ensure...
Maldives Faces Economic Challenges as Population Ages and Birth Rates Decline
The global population continues to rise annually, posing significant challenges to both developed and developing nations. Among them is the Maldives, which...
MACL Announces Ambitious Renewable Energy Plans for Velana International Airport
Ibrahim Shareef Mohamed, the Managing Director and Chief Executive Officer (CEO) of Maldives Airports Company Limited (MACL), has unveiled ambitious plans to...
STO Medical Services Launches New Pharmacy at Dharumavantha Hospital
STO Medical Services has inaugurated a new pharmacy within Dharumavantha Hospital, offering a comprehensive range of medical equipment, personal care products, and...
CA Maldives Successfully Concludes First Council Election
The Institute of Chartered Accountants of the Maldives (CA Maldives) has officially concluded its inaugural Council Election on 10th July 2024. This...