Agriculture Minister Announces Expansion of “Dhanduveri Nafaa Loan” and New Initiatives for Farmers
Minister of Agriculture and Animal Welfare, Dr. Aishath Rameela, has announced the expansion of the Dhanduveri Nafaa Loan Programme, which will now offer loans...
Foreign Relations Committee Approves Aishath Azeema as High Commissioner to India
The Foreign Relations Committee of the Parliament has approved Aishath Azeema’s appointment as the High Commissioner of Maldives to India. Her nomination,...
Biometric Data of Over 4,000 Migrants Collected Under Operation Kurangi
The Ministry of Homeland Security and Technology has gathered biometric data from more than 4,000 expatriates as part of Operation Kurangi, an...
Maldives to Increase Import Duties on Tobacco and Ban Vaping
President Dr Mohamed Muizzu has announced an increase in import duties on cigarettes and tobacco products as part of efforts to reduce...
Ooredoo Maldives Highlights Success of Leadership Development Program with Harvard University
Ooredoo Maldives has announced the continued success of its Leadership Development Program, run in collaboration with Harvard University, one of the world's...
Review of Council Proposals for Uninhabited Island Acquisitions Begins
Minister of Cities, Local Government, and Public Works, Adam Shareef Umar, has announced that the review of proposals submitted by local councils...
Gov’t to Amend Taxation Act to Strengthen MIRA’s Authority
The government has announced plans to amend the Administrative Taxation Act, aiming to enhance the Maldives Inland Revenue Authority’s (MIRA) powers in...
Maldives Expands Sea-to-Air Cargo Transshipment Services to Seven Airlines
Maldives Airports Company Limited (MACL) has announced that the number of airlines participating in its Sea-to-Air Cargo Transshipment services has increased to...
Gov’t Submits Bill to Parliament Seeking to Raise Tourism and Airport Taxes
The government has submitted three crucial bills to the Parliament aimed at increasing taxes in the tourism sector and airport-related fees, as...
Japan Donates Surveillance Equipment to Boost Maritime Security in Maldives
The Government of Japan has donated pier surveillance equipment to the Maldives, valued at ¥347 million (approximately USD 2.5 million or MVR...
MIRA Publicly Names 170 Tourism Sector Defaulters
The Maldives Inland Revenue Authority (MIRA) has revealed the names of 170 individuals within the tourism sector who have failed to meet...
UN Assistant Secretary-General Concludes Official Mission to Maldives
United Nations Assistant Secretary-General and UNDP Regional Director for Asia and the Pacific, Ms. Kanni Wignaraja, has successfully concluded her three-day official...
Development Bank of Maldives Granted Banking Licence
The Maldives Monetary Authority (MMA) has officially granted a banking licence to the Development Bank of Maldives Limited, a state-owned financial institution....
MIRA’s Revenue Recovery Efforts Yielding Positive Results, Says Commissioner General of Taxation
The Commissioner General of Taxation, Hassan Zareer, has revealed that the Maldives Inland Revenue Authority’s (MIRA) ongoing efforts to recover outstanding revenue...
Dr. Mohamed Mahid Shareef Appointed CEO of Institute of Chartered Accountants of the Maldives
The Institute of Chartered Accountants of the Maldives (CA Maldives) has appointed Dr. Mohamed Mahid Shareef as its new Chief Executive Officer...
Targeted Cash Transfers Proposed to Mitigate Impact of Subsidy Reforms in the Maldives
A recent report by the World Bank has raised concerns about the potential impact of removing blanket subsidies in the Maldives, warning...
Maldives Strengthens Conservation Efforts for Whale Sharks with New Regulation
The Government of Maldives has introduced a new regulation, No. 2024/R-96, aimed at enhancing the conservation of whale sharks, reinforcing its commitment...
GEF Allocates MVR 1.5 Million to Community Organisations in Laamu Atoll Through ‘Endheri’ Project
The Global Environment Facility (GEF) has allocated MVR 1.5 million in financial aid to three community-based organisations in Laamu Atoll as part...
469 STELCO Employees Complete Leadership Enhancement Programme
The State Electric Company (STELCO) has announced that 469 of its employees have successfully completed the company's leadership enhancement programme.
Renovation Works Begin at Kooddoo Airport Following Suspension of Flights
The government has initiated renovation efforts at Kooddoo Airport after national carrier Maldivian halted its flights to the island due to the...
The Role of SOE Reform in Restoring the Maldives’ Fiscal Health
According to the latest World Bank Maldives Development Update (October 2024), state-owned enterprises (SOEs) in the Maldives continue to be a significant fiscal...
Maldives Sees Slower Credit Growth as Personal Loans Surge
The Maldives has experienced a deceleration in private sector credit growth, as highlighted in the Maldives Monetary Authority’s (MMA) Economic Update for...
Long-Term Policies Crucial for Maldives’ Development, Says UN Official
Kanni Wiganaraja, Assistant Secretary of the United Nations and UNDP Regional Director for South Asia and the Pacific, has stressed the importance...
World Bank Urges Urgent Economic Reforms Amid Rising Vulnerabilities in Maldives
The World Bank has called for urgent and comprehensive economic reforms in the Maldives to address heightened external and fiscal vulnerabilities. According...
LATEST ARTICLES
Bank of Maldives and MMPRC Join Forces for Global Destination Marketing Campaign
Bank of Maldives (BML) has entered into a strategic partnership with the Maldives Marketing and Public Relations Corporation (MMPRC) to promote...
Pre-Schedule Your Corporate Maldives Network Meetings Now
Corporate Maldives Network meetings are now open through Corporate Maldives Network for pre-scheduled meetings as part of Corporate Maldives Bizweek.
Parliament to Review Asna Hamdhy’s Nomination for MMA Deputy Governor
President Dr Mohamed Muizzu has nominated Aishath Asna Hamdhy for the post of Deputy Governor at the Maldives Monetary Authority (MMA),...
Gov’t Opens Subscription for New Round of Treasury Bills
The Ministry of Finance and Planning has invited subscriptions for a new series of Maldivian Rufiyaa-denominated Treasury Bills (T-Bills), offering investors...
Maldives Moves to Block Companies in Debt from Bidding for Government Contracts
Parliament has unanimously approved new measures aimed at recovering outstanding debts owed to the state, including a policy change that would...
