Parliament Seeks Public Opinion on New Sovereign Development Fund Bill
The Parliament is calling for public feedback on the new Sovereign Development Fund (SDF) bill, currently under review by the Public Accounts...
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...
Gov’t Explores Technological Collaboration with Huawei for Decentralisation Initiatives
The Maldives has initiated strategic discussions with Huawei Technologies, a leading Chinese tech giant, to explore leveraging technology for promoting decentralisation. These...
PCB Announces Actions on Unprofitable State-Owned Enterprises Amid Reform Efforts
The Privatisation and Corporatisation Board (PCB) of the Maldives has unveiled a decisive strategy to address the financial struggles of various state-owned...
Maldives Q1 2024 GDP Analysis: A Positive Economic Trajectory
The Maldives’ economy demonstrated robust growth in the first quarter of 2024, with the Quarterly National Accounts report released by the Maldives...
Gov’t Announces 100 Scholarships for Chartered Accountant Training
The government has unveiled a new initiative to bolster the number of professional chartered accountants in the Maldives by offering 100 scholarships...
Medtech Maldives Seeks Proposals for Hulhumalé Fitness and Wellness Centre
Medtech Maldives Pvt Ltd, a leading healthcare company, is inviting rent/lease proposals for the establishment and operation of services at its Fitness...
Fishermen in Addu End Protests as Government Commences Payment of Owed Dues
Fishermen in Addu have ceased their protests following the government’s commencement of depositing overdue payments into their accounts. The fishermen had been...
IFC Appoints Wendy Werner as New Country Manager for the Maldives
The International Finance Corporation (IFC) has announced the appointment of Wendy Werner as the new Country Manager for the Maldives. Werner, based...
Maldives Signs Historic Samoa Agreement
The Maldives has officially signed the “Partnership Agreement between the European Union (EU) and its Member States, of the one part, and...
Slight Uptick in June 2024 Tourist Arrivals for the Maldives
The Maldives has recorded a slight increase in tourist arrivals for the month of June 2024, compared to the same period in...
Parliament’s Public Accounts Committee Recommends Removal of MMA Governor
The Public Accounts Committee of Parliament has approved a recommendation to remove Ali Hashim from his position as Governor of the Maldives...
Maldives Customs Services Announces Increased Duty Exemption for Personal Goods
Maldives Customs Services has announced that, effective today, goods brought in for personal use up to the value of MVR 10,000 will...
Dhiraagu and Sparkhub Launch Lean Startup Maldives in Addu City
Dhiraagu and Sparkhub have announced an exciting partnership to introduce Lean Startup Maldives-Addu Edition, scheduled to take place from 19th to 21st...
MIFCO to Purchase Fish from Local Fishermen at Global Market Prices
State-owned enterprise Maldives Industrial Fisheries Co. Ltd (MIFCO) has announced that it will commence buying fish from local fishermen at global market...
Finance Ministry Defends Economic Policies, Plans Expense Reductions
The Ministry of Finance has announced that the current administration is preparing to implement crucial measures to reduce expenses, addressing the fiscal...
World Bank Appoints New Country Manager for Maldives
The World Bank has announced the appointment of Mr. Gevorg Sargsyan as the new Country Manager for the Maldives. An Armenian national,...
Maldives Accountants Forum Opens for Registration
The Institute of Chartered Accountants of the Maldives (CA Maldives) has officially commenced registration for the Maldives Accountants Forum (MAF) 2024, promising...
The Maldives’ Economic Conundrum: A Tale of Two Administrations
The Maldives is currently embroiled in a heated debate regarding the nation’s economic health, with both the current administration and the opposition...
Celebrating International MSME Day: A Look at Small Businesses in the Maldives
As the world celebrates International MSME Day, it is crucial to recognise the significant role that Micro, Small, and Medium Enterprises (MSMEs)...
Parliament Approves Maldives’ Membership in the OACPS
The Parliament has approved the signing of the Samoa Agreement, paving the way for the Maldives to become a member of the...
MACL Plans Expenditure Cuts to Align with Government’s Economic Measures
Maldives Airports Company Limited (MACL) has announced plans to cut expenditure by up to 20 percent across ten key areas due to...
Maldives to Partner with Dubai’s RTA to Address Traffic Congestion in Malé
The Ministry of Transport and Civil Aviation has initiated discussions with the Roads and Transport Authority (RTA) of Dubai to tackle the...
Joint Operation by Immigration and Police Uncovers Undocumented Expatriate-Run Market Stalls
Maldives Immigration and Maldives Police Service conducted a joint operation in Male’ that uncovered numerous market stalls operated without proper authorisation by...