Foreign Currency Bill Offers Resorts a Choice Between USD 500 Per Tourist or 20%...
The Maldivian Parliament is reviewing a new Foreign Currency Bill that offers resorts and other tourism establishments greater flexibility in meeting foreign...
President Muizzu Reaffirms Maldives’ Commitment to a Stronger SAARC on 40th Charter Day
President Dr Mohamed Muizzu has reaffirmed the Maldives' dedication to the South Asian Association for Regional Cooperation (SAARC) on the occasion of...
Corporate Maldives Magazine December 2024 Edition Now Published
Corporate Maldives has published the December 2024 edition of the Corporate Maldives Magazine. As a quarterly print publication, we remain committed to providing...
Maldives Aviation Soars: 13,671 International Flights Recorded at VIA in 2024
Velana International Airport (VIA), the Maldives’ main international gateway, has seen a notable increase in international flight movements in 2024, signalling a...
Maldives Eyes 2 Million Visitors, Daily Arrivals Must Surge
As the Maldives approaches the end of 2024, the nation remains focused on achieving its ambitious goal of welcoming 2 million tourist...
President Highlights Plans to Prioritise Infrastructure and Social Development
President Dr Mohamed Muizzu has reaffirmed his Administration’s commitment to delivering campaign pledges across the nation, focusing on 2025 and 2026 as...
Authorities Investigate Protest by 55 Migrant Workers Over Unpaid Wages
The Labour Relations Authority (LRA) is investigating claims of unpaid wages by 55 expatriate workers who staged a protest near Mulee’aage, the...
STO Launches Innovative Products for Asthma and COPD Management
State Trading Organisation (STO), in partnership with AstraZeneca, has introduced two groundbreaking respiratory health products to the Maldives: Symbicort Turbuhaler and Pulmicort...
Two Private Sector Members Dismissed from Maldives Monetary Authority Board
The Maldives Monetary Authority (MMA) has announced the dismissal of two private sector representatives from its Board of Directors. The members removed...
Gov’t Aims to Complete New Passenger Terminal at VIA Ahead of Schedule
The Government of Maldives is expediting efforts to complete the new passenger terminal at Velana International Airport (VIA) ahead of its original...
Maldives Advocates for Climate Justice at ICJ Hearing
The Government of Maldives appeared before the International Court of Justice (ICJ) yesterday, delivering oral submissions in the advisory proceedings on the...
Barceló Nasandhura Malé Set to Open in Q1 2025 as Malé’s Largest Hotel
Barceló Nasandhura Malé, the Maldives' newest luxury hotel, is set to open its doors in Q1 2025. Positioned on the site of...
First National Guides MWSC’s MVR 400 Million Bond Launch
The Malé Water and Sewerage Company (MWSC) has launched its first bond offering, with First National Finance Corporation serving as the Principal...
Maldives and Japan Sign Agreement for Male’ City Seawall Renovation Design
The Maldives and Japan have signed an agreement for the detailed design phase of the seawall renovation project in Malé City. The...
Maldives Opens Doors to Foreign Investors with New Investment Law
The Maldives has invited foreign investors to apply for licences under the recently enacted Foreign Investment Law, which came into effect on...
Dhiraagu’s “Win a Speedboat” Promotion Nears Deadline
Dhiraagu customers have just over a week left to enrol in the company’s latest promotional campaign, offering the chance to win a...
Maldives Pension Administration Office Recognised at ISSA Good Practice Awards 2024
The Maldives Pension Administration Office (MPAO) has been recognised for its innovative approaches to pension management at the International Social Security Association...
Gov’t Expenditure Rises Amid Declines in Development Spending
According to the latest Weekly Fiscal Developments report published by the Ministry of Finance, the Maldives government’s expenditure rose by MVR 756 million as...
Maldives Seeks Commissioner of Reform to Lead Economic Overhaul
The Ministry of Finance has released detailed terms of reference for the position of Commissioner of Reform, who will head the newly...
President Muizzu Lauds High Commissioner Mahawar’s Contributions to Bilateral Partnership
The High Commissioner of India to the Maldives, Munu Mahawar, made a farewell call on President Dr Mohamed Muizzu as his diplomatic...
Maldives’ Economic Growth Decelerates Amid Mixed Sector Performance
The Maldives Monetary Authority's November 2024 Economic Update reveals a tempered economic growth trajectory, with real GDP expanding by 4.5% in the...
President Muizzu Meets Fishermen to Address Industry Challenges
President Dr Mohamed Muizzu convened a meeting with fishermen at the President's Office yesterday to address pressing challenges within the fishing industry....
Gov’t Responds to Moody’s Credit Rating Confirmation
On 3rd December 2024, Moody’s confirmed the Maldives’ long-term local and foreign currency issuer rating at Caa2, maintaining a negative outlook. The Maldives...
First National Real Estate and Hospitality Fund Launches in the Maldives
The Maldives has welcomed a significant addition to its investment landscape with the launch of the First National Real Estate and Hospitality...
LATEST ARTICLES
Maldives Launches First Overseas Passport and ID Issuance in Malaysia
The Maldives has launched its first overseas passport and identity card issuance service in Malaysia, marking a significant milestone in making...
Maldives Sees Monthly Price Drop in March; Food Costs Continue to Rise
Consumer prices in the Maldives fell by 0.69 percent in March 2025 compared to February 2025, according to the latest Consumer...
President Highlights Investment Opportunities at Maldives–Malaysia Business Forum
President Dr Mohamed Muizzu has invited Malaysian businesses to explore new opportunities in the Maldives, outlining his Administration’s development vision during...
President’s Malaysia Visit Sees New Agreements in Tourism, Health, and Diplomacy
The Maldives and Malaysia have reaffirmed their commitment to strengthening bilateral relations following a series of official engagements during President Dr...
Maldives Showcases Tourism Excellence at ATM Dubai 2025
The Maldives is making a strong statement at the Arabian Travel Market (ATM) 2025, currently underway at the Dubai World Trade...
