MPL Extends Demurrage-Free Storage Period at Malé Commercial Harbour
Maldives Ports Limited (MPL) has extended the demurrage-free storage period for non-containerised cargo at the…
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News
Maldives Records 4.6 Percent Rise in Tourist Arrivals in January 2026
Tourist arrivals to the Maldives reached 224,788 in January 2026, marking a solid start to…
Economic Update Points to Steady Growth With Shifting Pressures for Businesses
The latest Economic Update released by Maldives Monetary Authority suggests that the Maldivian economy continues to expand,…
Ooredoo Maldives Appoints Shadi Qawasmi as Managing Director and CEO
Ooredoo Maldives has appointed Shadi Qawasmi as its Managing Director and Chief Executive Officer, effective 1 February 2026,…
Dispute Over Government Bond Investment Leads to MPAO Chair Exit
The chairperson of the Maldives Pension Administration Office (MPAO) board, Ahmed Inaz, has resigned following disagreements…
Ooredoo Maldives Reports Higher Q4 Profit on Steady Revenue Growth and Network Investment
Ooredoo Maldives closed the fourth quarter of 2025 with higher profitability and moderate revenue growth, reflecting…
Maldives and Oman Discuss Trade, Energy and Maritime Cooperation
Economic ties between the Maldives and the Sultanate of Oman came under review following a…
Bank of Maldives Opens Registration for Limited Release of Swipe Digital Wallet
Bank of Maldives has opened registration for a limited release of Swipe, a locally developed digital…
STO Reports Higher Q4 Earnings as Liquidity Position Improves
State Trading Organization plc (STO) closed the fourth quarter of 2025 with improved earnings, firmer…
Land Reclamation Begins for Vihafaru Airport Development
Physical works have begun on the Vihafaru airport development in South Miladhunmadulu Atoll, with land…
New Air Links Cut Travel Times Across Maldives’ Southern Atolls
New air services connecting the Maldives’ four southernmost atolls have begun operations, reducing long travel…
Groundbreaking Marks Start of USD 790 Million Project Ayla Development
Construction has formally commenced on Project Ayla, a large-scale township development in Noonu Atoll, following…
Employers Given More Time to Update Work Site Information Under Expatriate Quota Rules
The Ministry of Homeland Security and Technology has extended the deadline for employers to submit notarised Work…
Bank of Maldives Reports Higher Profit in Q4 and Record Full-Year Results
Bank of Maldives reported improved financial results in the fourth quarter of 2025, contributing to…
QBS Shows Construction Sector Regaining Momentum After Two Weak Quarters
Construction activity in the Maldives showed a clear rebound in the final quarter of 2025,…
MFDA Cuts Food Service Registration and Category Fees by 50 Percent for Two Years
The Maldives Food and Drug Authority (MFDA) has moved to ease regulatory costs for food…
Ooredoo Maldives Donates Specialised Dive Equipment to MNDF Coast Guard
Ooredoo Maldives has donated specialised underwater dive equipment to the Maldives National Defence Force, strengthening…
BML Increases Monthly Foreign Transaction Limits for Credit Cards
Bank of Maldives (BML) has announced that it will raise the monthly foreign transaction limits…
Maldives Begins Work on First Climate Change Gender Action Plan
The Maldives has begun the process of developing its first Climate Change Gender Action Plan,…
Tourism and Construction Drive Q4 Business Growth as Retail Weakens
Business activity in the Maldives continued to expand across most major sectors during the fourth…
Gov’t Reaffirms SEZ Model Built Around Nine Strategic Sectors and Big Capital
The framework governing Special Economic Zones in the Maldives has been reaffirmed through a new…
Construction Begins on Five Affordable Housing Projects Under National Scheme
Construction activity has begun on five large-scale housing developments under the Maldives Monetary Authority’s Inclusive…
VIA Cargo Operations Grow by 10% Amid Rising Imports and Transshipments
Velana International Airport (VIA) has reported a 10 percent increase in cargo handled in 2025…
December Inflation Edges Up as Food Prices Offset Lower Utility Costs
Consumer price inflation in the Maldives remained subdued in December 2025, with modest monthly increases…