Urbanco Preps for Vinares Housing Key Handover Today
Urbanco is set to officially hand over the keys to the Vinares Housing Project flats in a ceremony scheduled today evening in...
MTCC and Planning Ministry Partner for V. Fulidhoo Harbor Development Project
The Maldives Transport and Contracting Company (MTCC) has officially entered into an agreement with the Ministry of National Planning, Housing, and Infrastructure...
Economic Ministry Assumes Control of Night Market Permits
The responsibility for granting permission to hold night markets has shifted from city and island councils to the Ministry of Economic Affairs....
Finance Ministry Expands Tax Exemptions for Indian Company Projects
The Finance Ministry has extended tax exemptions to various companies under the Income Tax Act, with the latest addition being ten newly...
Maldives Updates Energy Roadmap, Prioritizing Sustainable Transition
The Maldives has taken a significant step towards its sustainable energy goals, hosting a stakeholder consultation workshop to revise its energy roadmap....
Dhiraagu Unveils Exciting Ramadan Offers with Daily Prizes
Dhiraagu has launched a series of exciting offers and activities in celebration of Ramadan. The company unveiled its Ramadan promotions, which include...
MPL Launches Sea-to-Air Transshipment
Maldives Port Limited (MPL) has unveiled a new sea-to-air cargo transshipment service, transforming regional freight logistics. The initiative promises streamlined, sustainable processes...
Considering the Economic and Strategic Implications of a Major Seaport
The Maldives may be on the cusp of a profound transformation. Discussions are afoot regarding the development of a major seaport, a...
Maldives Partners with China to Develop Agricultural Zone in Uthuru Thilafalhu
A Memorandum of Understanding (MoU) has been inked between the Maldives Industrial Development Free Zone Plc (MIDFZ) and China Harbor Engineering Company...
Cosmopolitan Maldives Introduces Hardys ZERO Alcohol-Free Wines
Cosmopolitan Maldives, a leading supplier of specially curated food and beverage products in the Maldives, has expanded its offerings to include a...
STO Announces Reduction in Diesel, Petrol Prices from May 27th
State Trading Organization plc (STO) is reducing the selling price of oil products, citing a decline in global market prices. Effective May...
Gov’t Seeks Proposals for Cross-Subsidised Island Development
The Ministry of Tourism has announced an invitation for proposals to develop tourist facilities on uninhabited islands through a cross-subsidisation scheme. This...
Maldives Ratifies 13th Amendment to Tourism Act, Revises Lease Extension Fees for Resorts
President has officially ratified the 13th Amendment to the Maldives Tourism Act (Act Number 2/99), introducing significant changes to the payment periods...
ThilaMale’ Bridge Project Nears Halfway Mark with 43.59% Completion, Strategic Meeting Held in India
The ThilaMale’ Bridge project, part of the Greater Male’ Connectivity initiative, has made notable progress, with 43.59% of construction completed, according to...
Registration Opens for TGST Entities and Money Changer Licenses Under New MMA Regulations
The Maldives Monetary Authority (MMA) has introduced important updates regarding the registration of tourism entities and the application for money changer licenses....
Maldives promotes the destination at EMITT 2018
The Maldives Marketing and Public Relations Corporation (MMPRC) together with 15 representatives from 08 companies from the Tourism Industry of Maldives are taking part...
STO to Kick off Annual Warehouse Sale
State Trading Organization Plc (STO), has announced that they will be hosting their annual warehouse sale from 2nd to 6th July 2019....
Applications now open for the fourth edition of ‘Gold 100’
Applications are now open for “GOLD 100” nominations.
“GOLD 100” is a list of leading 100 business entities in the Maldives, published...
Administration resolved in the fight against corruption – President
President Ibrahim Mohamed Solih has reassured the Administration is determined to continue its fight against corruption. He made the statement in his...
The Hawks To Offer Fuel At Same Rate Across All Stations In Maldives
The Hawks Pvt Ltd, one of the leading supplier and distributor of fuel services announced that effective from today, all the retail...
#Fishfortomorrow Campaign Secures Public Support for Protection of Vulnerable Species
The #FishForTomorrow campaign, led by the Maldives Resilient Reefs project by Blue Marine Foundation, has secured public support for the protection of...
Lease Rent Penalty Reduced Significantly
In a noteworthy move, the Ministry of Tourism has today
reduced significantly the penalty payable in respect of delayed lease rent
payments.
Ready to Get Your Hands on iPhone 12? Ooredoo has Opened Pre-orders for iPhone...
Ooredoo Maldives is offering the new iPhone 12 line-up, including iPhone 12 and iPhone 12 Pro.
With a...
In Need of an Island Getaway? Travel to All Corners of Maldives and Beyond...
Arranging accommodation in the Maldives has never been easier, and with Villa Travels, you can conveniently book your next stay at any...
LATEST ARTICLES
Parliamentary Committee Approves MVR 5.1 Billion Supplementary Budget Without Amendments
The Maldivian Parliament’s joint committee, consisting of members from the Public Accounts Committee and the Economic Committee, has approved a government-proposed supplementary...
Maldives’ State-Owned Enterprises: A Deep Dive into the 2023 Financial Landscape
The Maldives’ State-Owned Enterprises (SOEs) have a substantial impact on the national economy, generating revenue, fostering employment, and providing essential public services....
Dhiraagu Launches NetProtect to Enhance Online Security for Customers
Dhiraagu has launched NetProtect, a new digital security service designed to shield customers from a variety of cyber threats. Introduced at a...
STELCO Unveils Five-Year Strategic Action Plan to Drive Industry Growth
The State Electric Company (STELCO) has unveiled a comprehensive strategic action plan outlining its roadmap for the next five years. The plan,...
NSPA Announces Phased Reduction in Prices of Essential Medicines Covered by Aasandha
The National Social Protection Agency (NSPA) has announced a significant reduction in the prices of 250 essential medicines covered under the Aasandha...
