USD 622.6 million in national reserve at start of July – MMA
Maldivian Monetary Authority (MMA) has announced that the money in national reserve at start of July amounted to USD 622.6 million.
Monthly economy review by...
Dhiraagu Maldives Road Race 2024 Set for October: Registration Deadline Approaching
The Dhiraagu Maldives Road Race (DMRR) 2024 is gearing up to be the largest running event in the Maldives once again. Scheduled...
Maldives Usable Reserves Drop to USD 91 Million
Maldives' financial reserves have experienced a significant downturn, as the latest figures from the Maldives Monetary Authority (MMA) indicate a sharp decline...
Questions Emerge Over Ignored Warning Letter in HDC Scandal
The ongoing Housing Development Corporation (HDC) scandal has taken a dramatic turn with revelations about a seven-page letter detailing corruption allegations that...
Black Market Dollar Rate Drops to MVR 17 for the First Time Since Pandemic
The price of dollars on the foreign exchange black market has dropped to MVR 17, the lowest it has been since the...
Dhiraagu conferred with MIRA’s ‘Ran Laari’ award
Leading telecommunications company in the Maldives, Dhiraagu has been conferred with Maldives Inland Revenue Authority (MIRA)'s 'Ran Laari' award in the State Owned Enterprises category.
During...
UK embassy to open in the Maldives
The UK has announced that they will be opening their embassy in the Maldives. May the UK constitute an embassy in the Maldives,...
President Ratifies 10th Amendment Bill to the Decentralization Act
President Ibrahim Mohamed Solih ratified on Thursday the 10th amendment bill to the Decentralization Act (Act No. 07/2010). Parliament passed the bill...
3 Ways to Combat Employee Fear
The government of Maldives is preparing to re-open borders in July, and kick-start tourism and other industry. Borders re-open when the government...
Urban Farming Program to be Initiated by HDC
Housing Development Corporation (HDC) has stated that preparations have begun to start the 'Urban Farming Program' in Hulhumale' by next year.
ICCR to Provide 34 Fully Funded Scholarships for Maldivians to Pursue Higher Studies in...
The Indian Council for Cultural Relations (ICCR) is offering 34 fully funded scholarships for Maldivian students to pursue higher studies in India.
Baa Maalhos School children Compete in ‘Zero Waste Challenge’ to Rid Island of Plastics...
School children across Baa Maalhos are competing in a ‘Zero Waste Challenge’ to increase community recycling and help rid the island of...
SDFC Invests Over MVR 1.7 Billion in SMEs in 2023 So Far
The Small and Medium Enterprise Development Finance Corporation (SDFC), operating under the jurisdiction of the Economic Ministry, has reportedly issued loans amounting...
Maldives exhibiting at largest Swiss Holiday & Travel Fair
Maldives Marketing and Public Relations Corporation (MMPRC) along with 7 tourism industry partners are currently exhibiting Maldives as a destination at the...
MIRA Collects Tax Revenue of MVR 2.32 Billion in June 2022
Maldives Inland Revenue Authority (MIRA) has collected MVR 2.32 billion as tax revenue last month.
This is an increase...
Immigration Grants Clearance to 701 Expatriates to Return to Their Country
Maldives Immigration has granted clearance to 701 expatriates to return to their native country.
Immigration has stated that...
Gov’t Explores Bold Move to Extend Retirement Age to 75
The Ministry of Higher Education, Labour and Skills Development in the Maldives has initiated consultations to extend the retirement age to 75....
Mohamed Aalim Appointed as the Group Director for Talent and Culture at Villa Hotels...
As part of ongoing work to strengthen culture and nurture key talent, Villa Hotels and Resorts have appointed Mr. Mohamed Aalim as...
President conveys condolences to the family of Late Maroshi Hussain Abdulla
President Ibrahim Mohamed Solih has extended condolences to the family of the Order of the Dignified Rule of Kalaafaanu Hussain Abdulla (Maroshi...
Rip Curl Launches First Hulhumalé Store with Exclusive 40% Opening Discount
Rip Curl Maldives has launched its first retail store in the Greater Malé Region, officially opening its doors in Hulhumalé on 9th...
Dhiraagu and Women in Tech Maldives Concludes “Girls in Data” Program
Dhiraagu and Women in Tech Maldives have concluded “Girls in Data” program, the first data literacy initiative in Maldives targeted to girls....
New Terminal at Velana International Airport to Be Complete by Mid-Next Year
The ambitious project to modernize Velana International Airport (VIA) is set to see its new passenger terminal completed by the middle of...
Magey Raajje – Ooredoo Calendar 2022 Brings the Beautiful Fauna of Maldives to Life...
Ooredoo Maldives has launched its new desk calendar for the year 2022, featuring an exciting augmented reality experience bringing the beautiful fauna...
MMA Urges Public to Be Wary of Ponzi Scheme
Maldives Monetary Authority (MMA) has urged the public to be wary of rising fraudulent schemes run on social media platforms.