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...
HDC Releases Final List of People Who Bought Land Plots from Hulhumale’ Phase II
Housing Development Corporation (HDC) has released the final list of people who won bids for the 60 land plots opened for sale...
Maldives and Azerbaijan Explore Investment and Cooperation Opportunities
The Ministry of Foreign Affairs of the Maldives hosted the first round of bilateral consultations with the Ministry of Foreign Affairs of...
Flyme Prepared to Begin Seaplane Operations
Flyme of Villa Air is set to begin seaplane operations with the opening of the new seaplane terminal in Velana International Airport...
Trans Maldivian Airways Hosts Interactive Educational Visits
Trans Maldivian Airways recently hosted three interactive familiarisation trips, offering invaluable experiences to 15 students from Gdh. Faresmaathoda Huvadhoo School has 25...
President Muizzu Announces MVR 13 Billion Debt Paid Without Printing Money
President Dr Mohamed Muizzu has announced that the government has successfully paid off MVR 13 billion owed to various parties without resorting...
Economic Ministry Dismisses Nearly 4,924 Inactive Companies
Ministry of Economic Development has dismissed nearly 4,924 companies
which have not paid annual fees for several years.
The Economic...
Gov’t to Expand Access to Higher Education in Agriculture
The government plans to develop policies to broaden access to higher education across various sectors, with a particular focus on agriculture, according...
LGA Appoints Fathimath Afshan Latheef As the CEO
Fathimath
Afshan Latheef has been appointed as the new Board Member and Chief Executive
Officer (CEO) of Local Government Authority (LGA).
Aishath Rasheeda Appointed Deputy Minister of National Planning, Housing and Infrastructure
President Ibrahim Mohamed Solih on Tuesday appointed Aishath Rasheeda as Deputy Minister of National Planning, Housing, and Infrastructure.
HDC in Crisis: Fazul Suspended Amid Forged Land Documents Scandal
In a scandal that has shaken the Housing Development Corporation (HDC) and raised questions about the integrity of government housing schemes, Managing...
Ministry of Economic Affairs to Issue Work Permits Only to Employees Registered at Pension...
Permits
allowing to go out for work will be only issued to those employees who are
registered in the Maldives Pension Administration Office, said...
President Concludes Official Visit to New York to Attend the 76th Session of UNGA
President Ibrahim Mohamed Solih has concluded his official trip to New York City to attend the 76th Session of the United Nations...
Government Approves Plans to Expand the Jurisdiction of Resorts
The government has recently approved plans to expand the jurisdiction of resorts. The move comes after the Maldives Association of Tourism Industry...
Ibrahim Hood Appointed Foreign Relations Secretary at the President’s Office
President Ibrahim Mohamed Solih has assigned Ibrahim Hood as the Secretary of Foreign Relations Office at the President's Office. He will still...
Lessons to Learn From Effective Tackling of the Virus from Other Countries
COVID-19 has been rapidly spreading across the world with just only a handful of countries without any cases of COVID-19 cases, such...
Maldives receives USD 1.4 billion loan from India
India has provided the Maldives with 1.4 billion dollars as a loan. Finance Minister Mr. Ibrahim Ameer explained that out of the 1.4 billion,...
Bridge Beam Concrete Works of B. Fehendhoo Harbor Commenced: MTCC
Maldives Transport and Contracting Company (MTCC) has commenced bridge beam concrete works of B. Fehendhoo Harbor on 3rd June 2021.
MACL upgrades Cargo Services
MACL has been providing cargo handling services with limited capacity for just over 45 years now.
The company...
MMPRC represents Maldives in BIT 2018
Maldives Marketing and Public Relations Corporation (MMPRC) together with tourism industry partners will be representing the destination at BIT – Bosra Internazionale del Turismo...
Maldives Marine Expo 2016 opens at Hulhumale’ bringing the Marine Industry together
‘Maldives Marine Expo 2016’ the third edition of the expo opens today at Hulhumale’ marina area bringing the Marine Industry together for the 4...
Agreement Signed with Training Providers for ICT Courses Under COVID-19 Income Support Project
An agreement was signed on 6 June 2022 between the Ministry of Economic Development and the training providers of Information Communication Technology...
Government’s Aim is to Reduce Imports – Economic Minister
Economic Minister Fayyaz Ismail has stated that the government is planning to reduce the level of imports to the country in the...
Bank of Maldives Announces Recipients of Scholarship Fund 2023
Bank of Maldives has announced this year’s recipients of the BML Scholarship Fund:
Aminath Alyaa Shavin