Bank of Maldives Reduces Kiyaavaa Loan and Education Financing Rate to 5%

Bank of Maldives has announced the reduction of its student Kiyavaa Loan and Education Financing rate to 5%, effective 1st February 2023....

Vloggers Khalid Al-Ameri and Salama Visits Taj Exotica Resort & Spa, Maldives

Arab social influencers, Khalid Al-Ameri and his wife Salama Mohamed have arrived in Maldives today at Taj Exotica Resort & Spa for...

HDC Signs MoU with MOMS NGO to Help Empower Mothers Across the Community

Housing Development Corporation (HDC) has signed a memorandum of understanding (MoU) with MOMS NGO, a non-governmental organisation working to empower mothers across...

Maldives Immigration Detains Eight Expatriates Operating Illegal Coffee Stands in Hulhumale’

Maldives Immigration has detained eight expatriate workers who were operating illegal takeaway coffee stands in Hulhumale’. The detentions took place Friday evening...

President ratifies Fifth Amendment to Constitution

President Ibrahim Mohamed Solih has ratified the Fifth Amendment to the 'Constitution of the Republic of Maldives'. The amendment...

Banyan Tree Hotels & Resorts Celebrates 25th Anniversary With Over 25% Reduction of Single-Use...

Banyan Tree Hotels & Resorts celebrates its 25th Anniversary and Earth Day 2019 with over 25% groupwide reduction of single-use plastic in a...

Visit Maldives Conducts Joint Marketing Promotion with Iberia Airline to promote Maldives in Spanish...

Visit Maldives conducts a joint marketing promotion with one of the leading airlines in the Spain Market, Iberia Airlines to promote Maldives...

Financial and Compliance Audits of Various Local Councils Outsourced to 8 Firms

The Financial Audit 2020 and Compliance Audit 2021 of various local councils have been handed over in a ceremony held at the...

HDC Signs with Medianet to Include its Service in Open Access Network

Housing Development Corporation (HDC) has signed with Medianet to include its service in HDC's Open Access Network. HDC also...

Direct Flights Between Maldives and China Expected to Resume Next Month

The Chinese ambassador to the Maldives, Wang Lixin has stated that direct flights between the Maldives and China are expected to resume...

STELCO Wins Big at the 11th Asia’s Best Employer Branding Awards 2020

State Electric Company Ltd (STELCO) has grabbed two awards at the 11th Asia’s Best Employer Branding Awards 2020. The company won...

Foreign Minister Concludes Official Visit to the United Kingdom

Minister of Foreign Affairs of the Maldives, Abdulla Shahid concludes the Official Visit to United Kingdom on Friday. The purpose of the...

Daily Highlights – 20th May

Here are the latest updates on COVID-19 CSCEC Completes the Construction of Labour Quarters in Hulhumale’

Finance Forum Reveals Sponsors and Keynote Speakers

The Pension Office has unveiled the esteemed sponsors and notable keynote speakers for the upcoming Finance Forum, slated for this year. Established...

JLF Soneva Fushi Literary Festival Headed for Male’

JLF Soneva Fushi will come to Male’ later this month, bringing literature, music and culture to the capital city for one special...

Maldives Signs 2 MoUs with Kuwait to Fortify Cooperation

The Government of Maldives and the Government of Kuwait has signed two Memorandums of Understanding, at a ceremony held in the Ministry...

Sri Lanka’s Largest PET Recycler Eco Spindles is Looking to Expand into Maldives!

Eco Spindles Ltd., Sri Lanka’s largest recycler of PET plastic has expressed interest in expanding their recycling operation to other markets in...

MIRA Launches Strategic Plan 2025-2028 with Focus on Digital Transformation and Efficiency

The Maldives Inland Revenue Authority (MIRA) has unveiled its Strategic Plan 2025-2028, setting out ambitious goals to enhance operational efficiency, stakeholder engagement, and...

Why Singapore Lost Control of its Outbreak?

Singapore, the tiny state-city with a population of 5.6 million was once seen as a model for effective COVID-19 response, now has...

MTCC Inaugurates L. Gan Thundi Harbor Development Project

Maldives Transport and Contracting Company (MTCC) has officially commenced the L. Gan Thundi Harbor Development Project. On behalf...

Housing Ministry Launches Strata Portal

The Ministry of Housing, Land and Urban Development has officially launched the Strata Portal, which is aimed at streamlining processes related to...

Maldives Sukuk Bonds Face Selloff as Fears of Default Grow

In recent weeks, Maldivian Sukuk bonds have seen a dramatic fall in value as fears of a potential default escalate. Initially considered...

MEGA Maldives Airlines Announces Temporary Suspension of Operations

MEGA Maldives Airlines is to temporarily suspend commercial flight operations from the 2nd of May 2017 onwards as part of its restructuring and recapitalization...

MFMC Launches Extensive Tourism Development Project in Addu City

Maldives Fund Management Corporation Limited (MFMC) has introduced an extensive tourism development project for Addu City, called the Hankede Integrated Tourism Project.

LATEST ARTICLES

Gov’t to Mobilise State-Run Companies to Complete Delayed Projects

President Dr Mohamed Muizzu has reaffirmed the government’s commitment to resuming and completing stalled development projects across the Maldives, with a focus...

STO Reports MVR 218 Million Net Profit in Q4 2024

State Trading Organization (STO) plc has reported a net profit of MVR 218 million for the fourth quarter of 2024, with total...

State-Owned Enterprises Ordered to Cap Directors’ Salaries at MVR 90,000

The Privatisation and Corporatisation Board (PCB) has ordered a salary cap of MVR 90,000 for the heads of state-owned enterprises (SOEs) as...

Maldives and Saudi Arabia Reaffirm Strong Bilateral Ties in Riyadh Talks

The Minister of Foreign Affairs of the Maldives, Dr Abdulla Khaleel, met with his Saudi counterpart, His Highness Prince Faisal bin Farhan...

SIMDI Group Celebrates 24 Years of Excellence and Growth

SIMDI Group marked its 24th anniversary, celebrating nearly a quarter-century of growth, innovation, and commitment to the Maldivian market. The milestone was...
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