BML Issues MVR 486 Million for Large Businesses
Bank of Maldives (BML) has issued MVR 486 Million for large businesses operating in the Maldives, which has been affected by COVID-19,...
H78 Maldives Supplies 5000 Masks to NBAM
H78 Maldives
has supplied 5000 masks to the National Boating Association of Maldives (NBAM).
These masks
were provided to NBAM’s president...
Government Launches Revised Expatriate Employment Regulations
In a major policy intervention, the Maldives Government has launched the new and revised Expatriate Employment Regulations. It is now published in...
Ooredoo Concludes Digital Literacy Program in Kulhudhufushi
Ooredoo concludes Digital Literacy Program in Kulhudhufushi on 8th August. This program for the elderly aims to ensure inclusive access to digital...
Leading Travel Agency, Villa Travels Reveals Location of New Outlet
Villa Travels is a diversified service company dedicated to
providing travel, money transfer and other related services with a commitment
to excellence in quality...
2 Petrol Stations by FSM to Only Accept Cash Card Payments
Fuel Supply
Maldives (FSM) stated that 2 petrol stations by the company will only accept
cash card payments starting next Monday.
Import Tax Removed from Several Necessities- Will the Prices Decrease?
Maldives Customs Service has announced the removal of import duty on several products used to make necessities. This includes no tax charged...
Revenue Generated by MIRA Decreases by 69.6%
Revenue generated by the Maldives Inland Revenue Authority (MIRA) has decreased by 69.6% for the month of July.
PCB Appoints Mohamed Jaish Ibrahim as Chairman of HDC
Privatization
and Corporatization Board (PCB) appoints Mohamed Jaish Ibrahim as the chairman
of Housing Development Corporation (HDC).
On the 22nd
of November...
MITDC Announces the Resumption of Guesthouse Project in Laamu Baresdhoo
Maldives
Integrated Tourism Development Corporation (MITDC) has announced the resumption
of the guesthouse project, which calls in for the development of 25-59 guesthouses
in Laamu...
3 Reasons Why Experts Doubt Russia’s COVID-19 Vaccine
On 11th August, Russia became the first country
to approve a coronavirus vaccine. President Vladimir Putin announced the Health
Ministry’s approval and said one...
Finance Ministry Amends Income Support Allowance Policy
Finance
Ministry has brought amendments to the income support allowance policy which
has been introduced to support financial assistance for individuals who were negatively
impacted...
NBAM Together with MoT, HDC, HPA and Maldives Police Establishes First PCR Sampling Station...
With the reopening of Maldives' border amidst the COVID-19 pandemic, all the key stakeholders of the tourism industry have been working together...
HSC Maldives Debuts New Showroom
HSC Maldives has opened a new showroom of HSC Euro, in the heart of Male’ City. The showroom is located in G....
5 Eco-tourism Zones to be Established in Addu City
The contract for the establishment of 5 eco-tourism zones in Addu city has been rewarded to the Maldivian government and Addu city...
High-quality Processed Foods by Seagull, Products that Make Your Life Easier
Seagull Foods offers a wide range of processed food products of the highest quality imported directly from renowned Australian manufacturers. From drinks...
Desalination Plants to be Built in 5 Islands Under Chinese Aid
Ministry of National Planning, Housing and Infrastructure has assigned the development of desalination plants with the use of renewable energy resources, in...
Government to Merge GMIZL with HDC
The Government
has expressed interest in merging the Greater Male’ Industrial Zone Limited
(GMIZL) with Housing Development Corporation (HDC).
According to
the...
Encouraging Female Entrepreneurs, MVR 14 Million Loans Disbursed to Women by SDFC
To foster business enterprises, especially for the growth of women entrepreneurship, SME Development Finance Corporation (SDFC) earmarks 25% of its loan portfolio...
Vice President holds Virtual Meeting with Social Ethics Committee
Vice President Faisal Naseem has held a virtual meeting with the members of the Social Ethics Committee to discuss social challenges faced...
MIFCO Introduces Safety Measures for Employees & Customers
The Maldives Industrial fisheries Company, MIFCO has introduced
various COVID-19 safety measures to protect the company’s employees, fishermen
and the public, as the number...
President Solih Appoints Permanent Representative to the UN Office at Geneva
President Ibrahim Mohamed Solih has appointed Dr Asim Ahmed as the Maldives' Permanent Representative to the United Nations Office at Geneva. President...
Fly Safe with Trans Maldivian Airways, Stringent Measures in the New Normal of Air...
Trans Maldivian Airways has added stringent measures in the new normal of air travel, setting industry-leading standards for passengers travelling onboard its...
How Bad is the Dollar Shortage in Maldives?
Like many other countries in the world, the developing economy of Maldives is also facing a dollar shortage. This has resulted in...
LATEST ARTICLES
Majority of Maldives’ 2024 Loans Directed to VIA Project as Debt Soars
The Maldivian government secured nine loans totalling USD 334 million (MVR 5.2 billion) in 2024, according to statistics released by the Ministry...
Russia Tops Maldives Tourism Market as 2025 Arrivals Hit 117,532
The Maldives continues to see a steady rise in tourist arrivals in 2025, with a 9.7% increase recorded during the first 18...
Development Bank of Maldives Rollout Progressing on Schedule, Says Economic Minister
Economic Minister Mohamed Saeed has reaffirmed that the rollout of the Development Bank of Maldives (DBM) is progressing on schedule, despite criticism...
Atmosphere Foundation Celebrates Three Years of Transformative Initiatives
Atmosphere Foundation hosted a celebratory event on 16th January 2025 at the Meermuaa Event and Conference Centre, bringing together donors, project partners,...
Tourism Collaboration Between Maldives and China: Unlocking New Opportunities Under the FTA
The Maldives-China Free Trade Agreement (FTA) offers detailed provisions aimed at fostering tourism collaboration, with a strong emphasis on creating joint ventures,...
