MMA Reports Growth in Foreign Reserves Following Tourism Sector Compliance
The Maldives Monetary Authority (MMA) has reported a 5% increase in the country’s official reserves, reaching USD 708.1 million at the end...
Stakeholders Agree on Measures to Tackle Medicine Shortages in the Maldives
A joint committee has been established to address ongoing challenges in providing medicines to the public, following a meeting between the State...
Audit Reveals Missing Documents and Financial Irregularities in POLCO Housing Project
Key documents related to the POLCO Flat project have been lost due to a server issue, according to Auditor General Hussain Niyazi,...
Medtech Maldives and OMRON Healthcare Launch Partnership to Expand Home Healthcare Access
Medtech Maldives Pvt. Ltd. has taken a decisive step in advancing home healthcare by officially launching OMRON Healthcare’s range of medical devices...
Lawmakers Push for Action on Unpaid Environmental Fines
The Parliament’s Environment and Climate Change Committee has voted to proceed with stakeholder discussions on decommissioning businesses that continue to evade fines...
MATI Highlights Tourism Growth, Rising Costs, and Renewable Energy at 35th AGM
The Maldives Association of Tourism Industry (MATI) held its 35th Annual General Meeting at Kurumba Maldives, where Secretary-General Ahmed Nazeer highlighted the...
Gov’t’s Expenditure-Cutting Measures Under Parliamentary Review
Parliament has reviewed the government’s Economic Reform Agenda, which seeks to reduce state expenditure over the next two years. The measures, submitted...
Maldives Welcomes Nearly 74,000 Visitors in First Nine Days of February
The Maldives has recorded 73,935 tourist arrivals as of 9th February 2025, reflecting a 10.4% increase compared to the same period in 2024. This marks...
Efforts Underway to Resolve Delayed Resort Developments in the Maldives
The government has reiterated its commitment to addressing stalled resort development projects in the Maldives, prioritising solutions over contract annulments with investors....
MMA Governor Hints at Future Adjustments to USD Conversion for Resorts
The Maldives Monetary Authority (MMA) Governor, Ahmed Munawar, has hinted at the possibility of reducing the mandatory USD conversion requirement for resorts...
Economic Ministry Announces Ramadan Operating Hours for Businesses
The Ministry of Economic Development and Trade has released the official operating hours for shops, cafes, and restaurants during Ramadan and the...
Vice President to Represent Maldives at WGS 2025
Vice President Uz Hussain Mohamed Latheef departed for Dubai on Sunday to represent the Maldives at the World Governments Summit 2025, held...
Gov’t Policies and Market Pressures Shape Maldives’ Inflation Trends in 2024
The Maldives Bureau of Statistics released the annual Consumer Price Index (CPI) report for 2024 on 5 February 2025, revealing a slowdown...
STO Assures Medicine Supply Amid Persistent Shortage Complaints
STO Managing Director Shimad Ibrahim has assured the public that commonly used medicines will remain available without difficulty, despite ongoing complaints about...
Maldives Green Fund Reports MVR 1.66 Billion Balance by October 2024
The Maldives Green Fund maintained a positive balance at the end of October 2024, according to the latest Green Fund Report released...
Maldivian Plans Fleet Expansion with Operating Lease of A330-200
Island Aviation Services Limited (IASL), operator of Maldivian, the national carrier of the Maldives, has invited proposals for the operating lease of...
Gov’t to Prioritise Human Resource Development, Says Minister Thoriq
Minister of Tourism and Environment Thoriq Ibrahim has emphasised the need for workplaces to be more inclusive and provide employees with opportunities...
Luxury Cruise Ship MS Hebridean Sky Docks in Addu City, Welcomed with Cultural Festivities
Addu City witnessed a vibrant occasion as the luxury cruise ship MS Hebridean Sky, operated by Noble Caledonia, arrived in its waters....
Ooredoo Maldives to Introduce Samsung eSIM Wearables, a First in the Country
Ooredoo Maldives is set to launch the country’s first-ever eSIM-enabled wearable service, introducing Samsung smartwatches with seamless connectivity. The upcoming launch marks...
Maldivian Puts DHC-8 Aircraft Up for Sale Amid Fleet Renewal Plans
Island Aviation Services Ltd (IASL), the state-owned operator of Maldivian, has announced the sale of one of its De Havilland DHC-8 aircraft...
Maldives’ Fiscal Figures Reveal Decline in Revenue and Spending in January
The latest fiscal data from the Maldives Ministry of Finance reveals a notable decline in both revenue and expenditure in January 2025...
Gov’t Recovers MVR 1.1 Billion in Unpaid Dues as Authorities Target Illegal Immigration
The Maldives has recovered MVR 1.1 billion from unpaid dues owed by employers in relation to foreign workers, Minister of Homeland Security and Technology Ali...
New VIA Terminal to Open Before October
President Dr Mohamed Muizzu has announced that the new terminal at Velana International Airport (VIA) will be opened before October, marking a...
STO to Monitor Ramadan Prices, Ensure Market Supply
State Trading Organisation (STO) has announced plans to stock 24 products across four categories at special discounted prices next week, ensuring market...
LATEST ARTICLES
Corporate Maldives to Launch Job Fair as Flagship Addition to Bizweek 2026
We are excited to announce that we will be hosting our first-ever Job Fair in 2026, which will stand as a flagship...
VIA’s Terminal 1 Expands with Arrival of Luxury Carrier beOnd
Velana International Airport’s Terminal 1 has reached another milestone in its phased operations as beOnd commenced services from the new facility. The...
President Muizzu Hails India as Maldives’ Trusted Partner on Independence Day
President Dr Mohamed Muizzu has extended greetings to India on the occasion of its Independence Day, highlighting the close bond between the...
Dhiraagu Signs as Main Partner for ITF Maldives Junior Open 2025
Dhiraagu has signed on as the Main Partner for the ITF Maldives Junior Open 2025 – J30, marking the first International Tennis...
President Ratifies 16th Amendment to Decentralisation Act Amidst Council Opposition
President Dr Mohamed Muizzu has ratified the 16th Amendment to the Decentralisation Act, bringing into force a series of reforms that redefine...
