Loan Repayment Fund Decreases by MVR 400 Million in One Month
Statistics show that there is only MVR 700 million remaining in the Sovereign Development Fund (SDF), a fund used to repay loans...
BML Opens ATM Centre in Th. Hirilandhoo
Bank of Maldives has opened a Self-Service Banking ATM center in Th. Hirilandhoo as part of the ongoing investment program to support...
Maldives Can Still Take On Debt to Finance Large-Scale Projects: Minister Fayyaz
Minister of Economic Development Fayyaz Ibrahim has stated that the Maldives is still able to take on more debt, and that it...
MTCC Provides Update on the B. Kamadhoo Harbour Reconstruction Project
Maldives Transport and Contracting Company (MTCC) has provided an update on the B. Kamadhoo Harbour Reconstruction Project.
According...
TMA Defends its Position as the World’s Leading Seaplane Operator
At the 29th annual World Travel Awards, Trans Maldivian Airways (TMA) was named World's Leading Seaplane Operator 2022.
Aishath...
Corporate Maldives Magazine December 2022 Edition Now Published
Corporate Maldives has published the December 2022 edition of the ‘Corporate Maldives Magazine’, a bi-monthly print publication dedicated entirely to the business...
New Ambassador of Maldives to the USA Presents Credentials to President Biden
The new Ambassador of the Maldives to the United States of America, Abdul Ghafoor Mohamed, presented his Letter of Credence to the...
Corporate Maldives GOLD 100 GALA 2023 Gold Partner: Ooredoo Maldives
Telecom giant, Ooredoo Maldives is a gold partner of this year’s Corporate Maldives “GOLD 100 GALA”, set to be held on 16th...
Australia Opens High Commission in Maldives
The Ministry of Foreign Affairs has established the Australian High Commission in the Maldives, marking a significant step in bilateral relations.
Fisheries Ministry Introduces Amendments to General Fisheries Regulations
The Fisheries Ministry has recently announced a series of amendments to the existing General Fisheries Regulations, according to a publication in the...
Beond Earns CAMO Approval Ahead of 2023 Launch
Beond, the world's first premium leisure airline, announced today that it received Continuing Airworthiness Management Organisation (CAMO) approval by the Maldives Civil...
MTCC Completes $4.7 Million Land Reclamation Project in AA. Bodufolhudhoo
The Maldives Transport and Contracting Company (MTCC) has successfully finished the land reclamation project in Bodufolhudhoo, Alifu Alifu Atoll, as per their...
BML Honours Long-Serving Employees
Bank of Maldives has honoured the loyalty of its long-serving employees at a special function held yesterday, presenting awards to sixty-four staff...
Muizzu’s Administration Spends MVR 520 Million in Week One, Earns MVR 615 Million in...
The Ministry of Finance reported expenditure and revenue figures for the first week of President Dr. Mohamed Muizzu's administration. According to the...
New GST Rules Impact Cruise Ship Arrivals
The cruise ship industry in Maldives is facing a challenging situation following the implementation of new taxation rules. The Maldives Association of...
China Remains Dominant Force in Maldives Tourism
China has solidified its position as the leading source of tourists for the Maldives, according to the latest statistics released by the...
Development Bank Launch: Maldives Seeks Experienced Foreign CEO
In an announcement made yesterday, Maldives’ Minister of Economic Development and Trade revealed plans to recruit a seasoned foreign CEO for the...
BML Supports AA. Bodufolhudhoo to Establish a Fish Cutting Platform
Bank of Maldives has announced the opening of a fish cutting platform in AA. Bodufolhudhoo with the support of ‘Aharenge Bank Community Fund’ program. The project was...
MIRA Celebrates 11 Years of Service
Maldives Inland Revenue Authority (MIRA) has celebrated 11 years of service today.
MIRA was established as a separate and...
Finance Ministry Reveals Report on Medium Term Fiscal Strategy 2022-2024
The Ministry of Finance has submitted the Medium Term Fiscal Strategy 2022-2024 to the Public Accounts Committee of the People’s Majlis.
Applications Open for ‘Miyaheli’ 2021, a Social Innovation Camp Hosted by UNDP and Ooredoo...
Call for applications are now open for social innovation camp ‘Miyaheli’ 2021. The camp will be held from 21st to 23rd October...
Stand a Chance to Win a Resort Trip with EyeCare Opticals’ Exciting Promotion
EyeCare Opticals brings another exciting promotion this October for the school holidays.
The leading eye care provider, EyeCare...
The President Ratifies the Civil Procedure Code
President Ibrahim Mohamed Solih has ratified the Civil Procedure Code (Act No: 32/2021). The Bill was passed by Parliament at the 44th...
“Reconnect with Maldives” Programme Has Been Aired on CNN
“Reconnect with Maldives” programme has been aired on CNN feeds as part of the ongoing global campaign conducted by Maldives Marketing and...
LATEST ARTICLES
Report: Calls Grow for Comprehensive Reform of Maldives’ Pension System
As one of the largest financial reserves in the Maldives, the national pension fund has amassed over MVR 20 billion in assets....
From Friday, Aasandha Scheme to Deduct Private Insurance First in New Cost-Cutting Measure
The Maldivian government has introduced a significant change to the national health insurance scheme, Aasandha, starting this Friday, as part of ongoing...
Allied Supports Employers with New Occupational Safety Regulations Compliance Through Group Term Assurance Plans
With the recent ratification of the Occupational Safety Act, employers now face new obligations to ensure the safety and well-being of their...
Maldives Government Proposes MVR 56.6 Billion Budget for 2025
The Maldivian government has unveiled a budget proposal totalling MVR 56.6 billion for the upcoming year, focusing on expenditure reduction, fiscal reforms,...
Committee Upholds Green Tax Increase for All Guesthouses, Rejects Exemption for Small Operators
The Maldivian parliament’s committee has voted against proposed exemptions that would have prevented smaller regional airports and guesthouses from facing increased departure...
