Three New Appointees to Maldives Development Bank; CEOs of MTCC and Island Aviation Removed

The Privatization and Corporatization Board (PCB) has announced the appointment of three new board members to the Development Bank of Maldives Limited. 

RACL’s New Partnership Aims to Transform Maldives’ Air Mobility with Vertiports

The Regional Airports Company Limited (RACL) has entered into a Memorandum of Understanding (MoU) with two prominent UAE-based firms, aiming to develop...

MMA States It Advised BML on Potential Consequences of Dollar Transaction Caps

The Maldives Monetary Authority (MMA) has provided its perspective on the recent reversal of US dollar transaction limits by the Bank of...

Gov’t Launches Phase One of Tradian: NSW Platform Connects 10 Agencies

The government has officially announced Phase One of Tradian, the nation’s first National Single Window (NSW) platform, listing the agencies and services...

Lhaviyani Atoll to Become Maldives’ Next Biosphere Reserve

The Maldivian government has announced plans to designate three additional areas in the country as biosphere reserves over the next five years....

Over 5,600 Undocumented Migrants Deported from Maldives in 2024

Maldives Immigration has announced that over 5,600 undocumented migrants were deported in 2024 as part of intensified efforts to address illegal migration....

First National’s Real Estate Fund Reaches MVR 18 Million Target

First National has successfully completed its fundraising for the inaugural project under the First National Real Estate and Hospitality Fund Plc, marking...

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 Seeks MVR 2.23 Billion in Treasury Bills

The Ministry of Finance has announced the latest treasury bill issuance, inviting investors to subscribe to MVR 2.23 billion in government securities. The issuance,...

India Overtakes Britain as the World’s Sixth-Largest Economy

India’s economy has reportedly overtaken the United Kingdom’s for the first time in over 100 years, now standing as the world’s sixth-largest economy by...

Dhiraagu and UNDP hold the first premiere screening of “Film for change 2018” program

Dhiraagu and UNDP are pleased to hold the first premiere screening of Film for Change 2018 at Schwack Cinema, Hulhumale’ on 2nd August 2018....

Maldivian Government decided to donate to Relief Efforts in Flood-Hit State of Kerala

The Maldives government has decided to donate USD 50,000 to India, for the ongoing rescue and relief operations in the flood-hit state of Kerala. At this...

Get Your Sri Lankan Resident Visa in Maldives

Sri Lankan government has announced that the residence visa needed by Immigrants in order to work and live in Sri Lanka, can...

Ooredoo Group Jumps up the World’s top 50 Telecoms Brands List

Ooredoo Group has again been listed in the Telecoms 300 2019 report as one of the top 50 telecommunications brands in...

Two ice plants to be established under the Indian grant aid scheme

Ministry of Fisheries, Marine Resources and Agriculture has signed an agreement to establish ice plants in two islands under the grant aid...

Three Deputy Vice-Chancellors appointed to MNU

Maldives National University (MNU) has appointed three new Deputy Vice-Chancellors during a ceremony held last Thursday. The newly appointed...

Government integrates renewable energy into power system in 48 islands

Ministry of Environment has launched the integration of renewable energy into power system in 48 islands during a special ceremony held on Thursday.

Oil’s 66% Plunge Marks Its Worst Quarter Ever Amid COVID-19 Pandemic and Global Price...

The oil market has posted its worst quarterly performance due to the global spread of COVID-19 and the emergence of a global...

IMF Grants USD 28.9 Million Loan to Maldives to Address the COVID-19 Pandemic

The International Monetary Fund has approved a 28.9 million US dollar Rapid Credit Facility (RCF) for Maldives with the country’s tourism sector badly hit...

Daily Highlights – 30th May

Here are the latest news updates for 30th May Male’ City Council Begins Fumigation of Mosque Construction Sites

Maldives Is So Close to Achieving its Tourist Arrivals Target for 2020!

In 2020, a year full of chaos, Maldives has welcomed over 420،000 tourists to the Sunny Side of Life!

Sustainability as a Core Value: Esthec Reinvents Nature to Support Green Architecture

Sustainability is all about the health of our planet and everything that depends on it to survive, today, tomorrow and in the future for...

Dreaming of Your Next Mini-Vacay? Check Out the Endless Blue Offer by Voyages Maldives

Wondering about what to do this weekend? Voyages Maldives is offering a safari cruise trip aboard their safari boat, under the "Endless...

DhiraaguPay Integrated on Fies IdzLink POS

DhiraaguPay has completed integration on Fies IdzLink POS systems, making it easier for Dhiraagu customers to pay at retail stores.

LATEST ARTICLES

Subsidies Down 21% in 2025 Amid Fiscal Surplus

Government expenditure on subsidies saw a significant decline in 2025, with spending falling to MVR 1.09 billion as of 8 May,...

Tourist Arrivals in May 2025 Show Strong Double-Digit Growth

Tourist arrivals to the Maldives in May 2025 have continued on a strong trajectory, with a 14.6 percent increase recorded for...

Retailers Report Strong Q1, Warn of Falling Sales and Tight Credit Ahead

The Maldives' wholesale and retail trade sector showed strong momentum in the first quarter of 2025, driven by surging orders and...

Gulhifalhu Land Allocation Revised to Expedite Registrations

The government has announced a significant revision to the Gulhifalhu Land Use Plan, confirming that all residential plots allocated under the...

April Trade Data Shows Strong Customs Revenue, Dip in Vessel Traffic

Imports to the Maldives totalled MVR 4.7 billion in April 2025, with fuel accounting for MVR 905 million of the monthly...
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