World Bank Announces New Country Director for Maldives, Nepal and Sri Lanka

Mr. Faris Hadad-Zervos is the World Bank’s new Country Director for Maldives, Nepal, and Sri Lanka, effective today. Based in the sub-regional...

NDMA Audit Reveals Huge Fraud In COVID-19 Food Supplies

Audit on COVID-19 related spending by National Disaster Management Authority (NDMA) revealed that the prices charged for the food and beverages...

Foreign Secretary Participates in the 79th Session of the UNESCAP

Foreign Secretary Ahmed Latheef is participating in the Seventy-Ninth Session of the United Nations Economic and Social Commission for Asia and the...

Lily Hotels Appoints Travelogue Reps as Representation Company for the Indian Market

Lily Hotels has reinforced its resorts’ brand presence in the Indian Market with the appointment of Travelogue Reps. They are a Luxury...

Villa Group Appoints Mr. Hassan Shamaam as Group Director of Learning and Development

To spearhead learning and development initiatives and create training programmes that align with the Group’s vision and value, Villa Group has appointed...

Government to exempt 40% from electricity bill and 30% from water bill

With the spread of COVID-19 pandemic in the Maldives, the government has announced that they will be exempting part from the water...

The Role of MNDF Officers in the National COVID-19 Response has been Monumental –...

President Ibrahim Mohamed Solih stated that the role of the Maldives National Defense Force (MNDF) and its officers in the national response...

New runway mid section’s final asphalt layer completed

Maldives Airport Company Ltd (MACL) has announced that the tarring procedure has now been completed on the new runway at Velana International Airport (VIA). Additional...

BML Community Fund Supports Establishment of a Community Library in Fiyoaree

A community library has been established in G.Dh. Fiyoaree through the BML Community Fund. The project was carried out by local NGO,...

Ooredoo Nation Successfully Concludes Inter-Office eSports Championship

Ooredoo Nation has successfully wrapped up its inaugural Inter-Office eSports Championship, which took place from 13th to 18th August 2024. The event...

MvGL Partners With VR Cafe’ To Announce New VR Gaming Tournament

The Maldivian Gaming League is working together with VR Cafe’ to host the “Beat Saber  Pro Series – Powered by Ooredoo” for...

COVID-19: First Positive Case Confirmed In Capital Male’ City

A local has tested positive after consulting with the flu clinic established in Male' city. This is the first confirmed case of...

Community Beach Area Developed in Lhaimagu Through BML Community Fund

Bank of Maldives has announced the successful completion of a community beach in Sh. Lhaimagu. This was developed as part of the...

SriLankan Airlines Marks its 42nd Anniversary on a Greener Note

SriLankan Airlines, the National Carrier of Sri Lanka, and a member of the oneworld alliance celebrated its 42nd anniversary by planting 42...

USA Commits Additional USD 3 Million to the Maldives

The ninth amendment to the Development Objective Grant Agreement (DOAG) has been signed between the Maldives and the United States of America...

SME Bank services to begin in March 2019

SME Bank, which is being developed for small and medium enterprises, will open on March of 2019 as per President Ibrahim Mohamed...

STO Supplies 28,124 Sacks of Staple Food Across Maldives Last Month

State Trading Organization (STO) stated the organization has sent 28,124 sacks of staple food to islands across the country, last month.

MIRA Collects MVR 231.5 Million in Q3 Debt Recovery

The Maldives Inland Revenue Authority (MIRA) recently reported that they collected MVR 231,503,281 during the third quarter of the current fiscal year....

CTI to Conduct Micro Training Programs

CTI Maldives is a leading premium training institute for Maldivian-based corporations, offering solutions to model teams into engaged, skilled, talented, fit and...

President Muizzu Reaffirms Maldives-Sri Lanka Ties on Independence Day

On the occasion of Sri Lanka's Independence Day, President Dr Mohamed Muizzu extended greetings to President Anura Kumara Dissanayake, Prime Minister Dr...

Visit Maldives Participates at Travel Meet Asia – MICE & Corporate Virtual Event

Visit Maldives takes part in the 3rd edition of the Travel Meet Asia-Mice & Corporate edition. Travel Meet Asia is a virtual travel roadshow...

Corporate Maldives Magazine May 2024 Edition Now Published

Corporate Maldives has published the May 2024 edition of the ‘Corporate Maldives Magazine’. As a quarterly print publication, we are committed to...

Maldives’ Real GDP Projected to Grow by 13.5% in 2021

The real gross domestic product (GDP) is projected to grow by 13.5% next year, according to a report released by Maldives Monetary...

MMA Bans Use of Virtual Currency in The Maldives

Maldives Monetary Authority (MMA) has banned the use of virtual currency or cryptocurrency in the Maldives. In regards to...

LATEST ARTICLES

Is the Maldives’ Fiscal Surplus a Sign of Discipline or Delay?

The Ministry of Finance reported a primary surplus of MVR 3.2 billion for the first four months of 2025, a figure...

MVR 15.9 Million Issued in Agriculture Loans Under Government Scheme

The Ministry of Agriculture and Animal Welfare has revealed that a total of MVR 15.9 million has been disbursed in agricultural...

Maldives and Japan Sign Defence Agreement to Boost Maritime Security

Japan has committed to enhancing maritime security in the Maldives through the provision of two harbour crafts to the Maldives National...

Parliamentary Committee Backs Asna Hamdi for Deputy Governor Role at MMA

The Parliamentary Public Accounts Committee has recommended the appointment of Aishath Asna Hamdi as the new Deputy Governor of the Maldives...

Maldives Launches MVR 250M Islamic Social Finance Initiative

A new social financing initiative focused on expanding Islamic Finance and addressing community needs was officially launched in the Maldives on...
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