Maldives to Ring in 2025 with Culture and Food Festival in Hulhumale
The Maldives will kick off 2025 with a unique cultural celebration as the Maldives Marketing and Public Relations Corporation (MMPRC), in collaboration...
Ooredoo Launches New Add-Ons with Unlimited Data and Enhanced 5G Speeds for the New...
Ooredoo Maldives has introduced new data add-ons for both prepaid and postpaid customers as part of its New Year offerings. These add-ons...
Business Profit Tax Surges to Lead Government Revenue, Outpacing GST
According to the Maldives Monetary Authority’s Quarterly Economic Bulletin for Q3 2024, business profit tax (BPT) has become the leading contributor to...
Maldives Expo 2025: A Platform for Local Businesses to Attract Foreign Investment
The Maldives Expo 2025, set to take place in May next year, will be the country’s largest exhibition. Sharing the details of...
Maldives Welcomes Thousands Aboard MS Norwegian Sky and MS Riviera This Holiday Season
As the New Year approaches, the Maldives is experiencing a boost in tourist arrivals, with two major cruise liners bringing thousands of...
Maldives Experiences Inflation Rise in November 2024
The Maldives Bureau of Statistics has released the latest Consumer Price Index (CPI) for November 2024, showing a significant increase in inflation....
MIRA Sets Strategic Priorities in New Operational Plan 2025
The Maldives Inland Revenue Authority (MIRA) has unveiled its 2025 Operational Plan, detailing a set of initiatives designed to support the organisation’s...
December Sees Increased Private Jet Movements in the Maldives
The Maldives has seen an increase in private jet arrivals this December, continuing a long-standing trend of heightened aviation activity during the...
FENAKA’s Solar Project Set to Cut Diesel Consumption and Save Millions
FENAKA Corporation Limited is advancing its solar energy programme to enhance energy production and reduce reliance on diesel across the Maldives. The...
Vendors Invited to Apply for the Maldives Culture & Food Festival
The Business Center Corporation (BCC) invites vendors to be part of the Maldives Culture & Food Festival, taking place at Central Park,...
Government Expenditure Reaches MVR 48 Billion Amidst Fiscal Pressures
The government has spent a total of MVR 48.3 billion for state expenditure and loan repayments so far this year, according to...
Tourist Yacht Cleared to Enter Maldives via ISPS Gate in Ihavandhippolhu
A tourist yacht has been cleared to enter the Maldives via the ISPS gate in Ihavandhippolhu Atoll, the northernmost region, as confirmed...
Male’ and Villimale’ Roads Set for Comprehensive Overhaul with Assistance from China
The Ministry of Construction, Housing, and Infrastructure has unveiled plans to upgrade Male's roads, addressing long-standing infrastructure issues, including poor road conditions...
November 2024 GST, Green Tax, and Airport Tax Returns and Payments Due Today
The Maldives Inland Revenue Authority (MIRA) has issued a final reminder to all taxpayers that today, 29th December 2024, is the last...
Tourism Growth Strategy: Maldives Sets Ambitious 15% Target for 2025
The Maldives has set an ambitious target to increase tourist arrivals by 15% in 2025, focusing on boosting occupancy rates and leveraging...
Maldives Sees 14% Rise in Jet Fuel Sales as Aviation Growth Continues
Jet fuel sales in the Maldives saw a notable increase in the third quarter of this year, with revenue rising by 14%...
URA Begins Issuing Permanent Licences for Public Utility Services
The Utility Regulation Authority (URA) has commenced the issuance of permanent licences to operate public utility services in the Maldives, marking the...
Dhiraagu Unveils 2025 Calendar: ‘Minivankan Mathee Abadhah’
Dhiraagu has unveiled the company’s 2025 calendar, ‘Minivankan Mathee Abadhah’, on National Unity Day.
The new year’s calendar was...
Maldives Trade Struggles as Fish Exports and Fuel Imports Plummet
Revenue from import-export activities in the Maldives reached approximately USD 16.1 million in November 2024, according to the Maldives Customs Service (MCS).
Ooredoo Nation to Host The Ultimate Gaming Festival Featuring a Total Prize Pool of...
Ooredoo Nation has announced The Ultimate Gaming Festival 2024, the most anticipated gaming event of the year, now set to take place...
Dhiraagu Partners with Villa College for ‘VIgnite’ Business Incubator Programme
Dhiraagu has partnered with Villa College to support the launch of the Maldives’ first business incubator programme for students, ‘VIgnite’. The initiative,...
Maldives Breaks Tourism Record, Reaches 2 Millionth Arrival in 2024
The Maldives has a new record in the tourism industry with the arrival of the two millionth tourist of 2024. Astrid Dirnegger,...
President Reshuffles Cabinet and Merges Ministerial Portfolios
President Dr Mohamed Muizzu has made adjustments to his ministerial cabinet, merging several portfolios and appointing ministers to key positions. The reshuffle...
ADFD Provides Additional USD 40 Million for Velana International Airport Development
The Abu Dhabi Fund for Development has extended a USD 40 million (MVR 616 million) loan to the Maldives to support the...
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Khalid Al-Hamadi Spotlights Maldives’ Digital Readiness at Singapore Forum
Ooredoo Maldives CEO and Managing Director Khalid Al-Hamadi has positioned the Maldives as a rising digital hub during his appearance at the...
AI Is Redefining Finance Jobs. What Comes Next?
As artificial intelligence continues to weave itself into the fabric of global finance operations, the same shift is beginning to take root...
Maafaru International Airport Upgrade Celebrated with Inaugural Maldivian Flight
The Maldives on Tuesday officially celebrated the completion of the Maafaru International Airport upgrade project with the arrival of a wide-body aircraft...
Gov’t Seeks Investor Input for Laamu Fonadhoo Port and Bunkering Project
The Government of Maldives has issued a Request for Expression of Interest (REOI) inviting qualified and reputable investors to engage in a...
MMA Reports Stable Financial Position for June 2025
The Maldives Monetary Authority (MMA) has published its Statement of Financial Position for June 2025, revealing a modest month-on-month increase in both...
