President Ratifies Amendment to Tobacco Control Act

President Dr Mohamed Muizzu has ratified the First Amendment to the Tobacco Control Act, introducing stringent new measures to regulate the use...

Tourism Ministry to Launch Targeted Inspections of Guesthouses in Key Atolls

The Maldives’ Ministry of Tourism has announced plans to conduct targeted inspections within the next two weeks to address the issue of...

Maldives’ October Revenue Drops 14% Year-on-Year

The Maldives Inland Revenue Authority (MIRA) has reported that the country's total revenue collection for October 2024 reached MVR 1.73 billion. This...

Dhiraagu’s ‘Win a Speedboat’ Promotion Nears Exciting Finale with Magellan 32 Grand Prize

Dhiraagu's much-anticipated ‘Win a Speedboat’ promotion is nearing its thrilling conclusion, as the grand prize—a Magellan 32 speedboat—enters the final stages of...

Maldives Proposes Pension Reforms to Exclude High-Income Earners in 2025 Budget

The Maldivian government has proposed changes to its pension system in the 2025 budget, which will see the basic pension of MVR...

MMA Clarifies Reserve Data Following Currency Swap with India

The Maldives Monetary Authority (MMA) has provided an update on its foreign exchange reserves following a recent currency swap arrangement with the...

President Muizzu Calls for Trillions in Climate Finance at COP29 to Support Vulnerable Nations

During COP29 in Baku, President Dr Mohamed Muizzu addressed the global community, urging for a renewed focus on climate finance. In both...

President Muizzu Attends Opening Session of COP29

President Dr Mohamed Muizzu attended the opening session of the World Leaders Climate Action Summit at the 29th Conference of the Parties...

Maldives Signs MoU with Abu Dhabi Global Market to Enhance Registry Operations

The Ministry of Economic Development & Trade of the Maldives has entered into a Memorandum of Understanding (MoU) with the Abu Dhabi...

Registration for Ooredoo Maldives Fun Run to Close on 16th November

Ooredoo Maldives has announced that registration for its highly anticipated Fun Run in Hulhumalé will close on 16th November 2024. Dubbed "The...

President Muizzu Departs for COP29 in Baku

President Dr Mohamed Muizzu has departed for Baku, Azerbaijan, to attend the 29th Conference of the Parties (COP29) under the United Nations...

Maldives and Qatar Financial Centre Sign MOU to Foster Economic Cooperation

The Ministry of Economic Development and Trade (MEDT) of the Maldives has formalised a Memorandum of Understanding (MOU) with the Qatar Financial...

President Muizzu Meets CEO of Saudi Fund for Development

During the Joint Arab-Islamic Extraordinary Summit in Riyadh, President Dr Mohamed Muizzu met with Sultan Abdulrahman Al-Marshad, CEO of the Saudi Fund...

Maldives to Open Embassy in Italy: Strengthening Ties with a Key Tourism Market

The Maldives is preparing to expand its diplomatic footprint with the establishment of an embassy in Italy, as announced by President Dr....

ADB Approves USD 21.95 Million Package to Boost Climate Resilience and Food Security in...

The Asian Development Bank (ADB) has approved a financing package worth USD 21.95 million to enhance the Maldives’ ability to combat the...

Maldivian Set to Connect China and Maldives with New Long-Haul Routes

Maldivian, the national airline of the Maldives, has announced its foray into long-haul operations at the World Travel Market (WTM) held in...

SDFC Launches ‘Fashaa Madhadhu’ Loan Scheme to Empower Women Entrepreneurs

The SME Development Finance Corporation (SDFC) has announced plans to issue "Fashaa Madhadhu" loans to support 60 women entrepreneurs across the Maldives....

Maldives Records MVR 9.9 Billion Budget Deficit Amid Rising Expenditures

The Maldives recorded a budget deficit of MVR 9.9 billion as of 31 October 2024, according to the latest report from the...

Maldives Aims for Economic Justice and Sustainability in New Budget, Says President

During the Republic Day celebrations at Dharubaaruge on Sunday evening, President Dr Mohamed Muizzu detailed a series of economic and environmental reforms...

British Airways Joins Maldives’ Sea-to-Air Cargo Network with First Shipment

Velana International Airport has welcomed British Airways as the latest addition to its growing sea-to-air cargo transshipment network. The announcement was made...

Gov’t Designates Seven Islands as Urban Centres Under New Development Policy

The government has designated seven islands as urban centres as part of its Sustainable Regional Development Policy, aiming to foster balanced economic...

Maldives Signs Agreement to Strengthen Climate Data Collection for Greenhouse Gas Inventory

The government has signed an agreement to improve data collection for its National Greenhouse Gas (GHG) Inventory. The agreement, signed between the...

New Resort and Hotel Training School to Be Developed in Laamu Atoll

The government has formalised plans to develop a 5-star resort and a hotel training school on Hulhimendhoo Island, near Maamendhoo in Laamu...

COMO Hotels Appoints Peter Nilsson as Managing Director for Maldives Properties

COMO Hotels and Resorts has announced the appointment of Peter Nilsson as the new Managing Director for its Maldivian properties, COMO Cocoa...

LATEST ARTICLES

Maldives Slams COP29 Climate Finance Deal as Inadequate Amid Escalating Crisis

The Maldives has criticised the USD 300 billion annual climate finance target agreed upon at the COP29 summit, stating that it falls...

Ministry Teams Up with ESCAP and APCICT to Support Women in Business

The Ministry of Social and Family Development, in collaboration with ESCAP (Economic and Social Commission for Asia and the Pacific) and APCICT...

Maldives Secures Nine Prestigious Titles at World Travel Awards 2024

The Maldives has cemented its position as a global tourism leader, winning nine prestigious titles at the World Travel Awards 2024, held...

Parliament Committee to Probe Pending Payments to SOEs

The Public Accounts Committee of Parliament has resolved to seek details of all pending payments owed to State-Owned Enterprises (SOEs), following a...

MPL Targets USD 6.5 Million in Revenue by Year-End

Maldives Ports Limited (MPL) is aiming to achieve USD 6.5 million in revenue by the end of this year, according to its...
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