State-Owned Enterprises Report MVR 12 Billion in Revenue for Q2 2024
The latest quarterly report from the Privatisation and Corporatisation Board (PCB) provides an overview of the financial and operational performance of state-owned...
CAA Staff Petition President Over Salary Framework Issue
Staff of the Civil Aviation Authority (CAA) have submitted a petition to President Dr Mohamed Muizzu, expressing concerns over salary payments that...
New Initiative Aims to Connect Resorts with Maldivian Farmers
The government has launched a new initiative to explore potential partnerships with tourist resorts to strengthen the local agricultural sector. As part...
Maldives to Establish National Digital Transformation Framework
The government has announced plans to implement a wide-ranging digital transformation framework, following discussions at a Cabinet meeting on Sunday. The initiative,...
MPL Managing Director Mohamed Wajeeh Ibrahim Dismissed
The Privatisation and Corporatisation Board (PCB) has announced the dismissal of Mohamed Wajeeh Ibrahim from his position as Managing Director and Board...
Gov’t to Introduce Legal Framework for Small Business Protection
The Maldivian government plans to establish a legal framework this year to protect and promote small businesses across the country, Minister of...
Two Winners Announced, More Prizes Await in Ooredoo Golden Futsal Draw
Ooredoo Maldives continues to bring excitement to the Golden Futsal Challenge, the nation’s largest futsal tournament, with its special Golden Futsal Ranuge Furusathu weekly lucky...
Employers Given March 15 Deadline to Update Migrant Worker Biometrics
The Ministry of Homeland Security has set a March 15 deadline for employers to update the biometric data of foreign nationals working in the...
Trump’s Aid Suspension: What It Means for Maldivian Development Initiatives
President Donald Trump has enacted a comprehensive 90-day freeze on U.S. foreign aid, aiming to reassess and realign assistance programs with the...
Maldives Economic Gateway Project to Move Forward with Key Developments
The government will introduce marine refuelling and reexport services as part of the first phase of the Maldives Economic Gateway (MEG) Project,...
What Merging Climate and Tourism Ministries Means for Governance
The Maldivian government has merged the Ministry of Climate Change, Environment and Energy with the Ministry of Tourism, forming the Ministry of Tourism...
India Increases Aid to Maldives Amid Diplomatic Realignment
India has raised its financial assistance to the Maldives from Rs 400 crore (USD 48 million) to Rs 600 crore (USD 72...
Gov’t Merges Environment and Tourism Ministries, Thoriq Ibrahim Takes Charge
The government has merged the Ministry of Climate Change, Environment and Energy with the Ministry of Tourism, forming the new Ministry of...
Maldives and Saudi Arabia Discuss Expanding Trade and Investment
Foreign Minister Dr Abdulla Khaleel met with Saudi Arabia’s Minister of Commerce, Majid bin Abdullah Al Qasabi, to explore opportunities for expanding...
Nominations Open for South Asian Travel Awards 2025
Nominations for the South Asian Travel Awards (SATA) 2025 are now officially open, inviting hospitality and travel businesses across the region to...
Gov’t to Mobilise State-Run Companies to Complete Delayed Projects
President Dr Mohamed Muizzu has reaffirmed the government’s commitment to resuming and completing stalled development projects across the Maldives, with a focus...
STO Reports MVR 218 Million Net Profit in Q4 2024
State Trading Organization (STO) plc has reported a net profit of MVR 218 million for the fourth quarter of 2024, with total...
State-Owned Enterprises Ordered to Cap Directors’ Salaries at MVR 90,000
The Privatisation and Corporatisation Board (PCB) has ordered a salary cap of MVR 90,000 for the heads of state-owned enterprises (SOEs) as...
Maldives and Saudi Arabia Reaffirm Strong Bilateral Ties in Riyadh Talks
The Minister of Foreign Affairs of the Maldives, Dr Abdulla Khaleel, met with his Saudi counterpart, His Highness Prince Faisal bin Farhan...
SIMDI Group Celebrates 24 Years of Excellence and Growth
SIMDI Group marked its 24th anniversary, celebrating nearly a quarter-century of growth, innovation, and commitment to the Maldivian market. The milestone was...
Ihavandhoo Fisheries Complex to Create 150 Jobs, Strengthen Industry
The Fisheries Complex being developed in HA. Ihavandhoo is expected to generate 150 jobs and enhance the Maldivian fishing industry, according to...
Maldives and India Forge Ahead with Economic and Security Partnership
The first meeting of the High-Level Core Group (HLCG) between the Maldives and India was held in Male'. The meeting, convened to...
Gov’t Pushes for Foreign Exchange Compliance as USD 25 Million Enters Banks
President Dr Mohamed Muizzu has announced that over USD 25 million has been deposited and exchanged with local banks within a month...
New HPA Regulation Mandates Stricter Safety Measures for Fibre Workplaces
The Health Protection Agency (HPA) has introduced new safety regulations for workplaces involved in fibre-related work, with non-compliant businesses facing fines of...
LATEST ARTICLES
Favara Drives 20% Growth in Account Transfers as Cash Use Falls
The latest Payments Bulletin from the Maldives Monetary Authority (MMA) shows a sharp acceleration in the country’s transition to digital payments, with...
MT Hawks Liberty Joins Hawks Fleet as Nation’s Biggest Private Tanker
The Hawks Pvt Ltd has expanded its fleet with the acquisition of MT Hawks Liberty, now the largest oil tanker owned by...
Corporate Maldives to Launch Job Fair as Flagship Addition to Bizweek 2026
We are excited to announce that we will be hosting our first-ever Job Fair in 2026, which will stand as a flagship...
VIA’s Terminal 1 Expands with Arrival of Luxury Carrier beOnd
Velana International Airport’s Terminal 1 has reached another milestone in its phased operations as beOnd commenced services from the new facility. The...
President Muizzu Hails India as Maldives’ Trusted Partner on Independence Day
President Dr Mohamed Muizzu has extended greetings to India on the occasion of its Independence Day, highlighting the close bond between the...
