Renovation of Hulhumalé Central Park and Jetty under Indian Government Grant

A ceremony to mark the inauguration of the Hulhumalé Central Park and Eastside Arrival Jetty Renovation projects, under the Indian Grant Assistance...

Sun Siyam Resorts Appoints Hype Communications as GCC PR Agency

Sun Siyam Resorts is proud to announce the appointment of Hype Communications as its partner PR agency to handle the GCC promotion. 

Allied headed down the road to become a superpower in the industry

In a special event held to commemorate the 3 years of President Yameen's presidency, Allied launched several different products that they believe would change...

MVR 37.9 Billion Expenditure, But How Much Work is Really Done for the Country?

The estimated expenditure by the government for 2020 is MVR 37.9 billion and the estimated budget balance for this year is a...

Parliament Approves Budget for Fiscal Year 2024

Today, Parliament approved an additional MVR 300 million, increasing the fiscal year 2024 budget to MVR 49.8 billion. The Finance Ministry had...

Maldives Fish Exports Plummet in 2024

Fish exports in the Maldives have experienced a record decline in the first quarter of 2024, a trend attributed to a combination of...

MTCC Concludes Open Day in Fuvahmulah for ‘Hunavaru Licensing’ Program

Maldives Transport and Contracting Company (MTCC) has successfully concluded the 'Hunavaru Licensing Program 2021' Open Day at Fuvahmulah City.

Maldives IGF Kicks Off with High-Level Panel Discussion

The first-ever Maldives Internet Governance Forum (Maldives IGF) commenced yesterday, June 16, at the Maldives National University (MNU) Main Campus. The forum,...

Financial Sector of the Maldives in 2017

The financial sector of the Maldives comprises of commercial banks and non-bank financial institutions. The non-bank financial institutions include insurance companies, a finance leasing...

Three Days Left to Vote for Maldives in World Travel Awards 2024

With just three days remaining until voting closes for the 2024 World Travel Awards (WTA), the Maldives is urging travellers, tourism professionals,...

Agoda Becomes an Associate Partner of Maldives Border Miles

Agoda, one of the fastest-growing online travel booking platform, signed an associate partnership with Maldives Border Miles, the world’s first destination loyalty...

Government Seeks Resort Development Proposals for Three Islands

The government has extended an invitation for tenders aimed at the development and operation of tourist resorts on three islands, Hdh. Medhafushi,...

National development through decentralization is our most significant pledge – President

President Ibrahim Mohamed Solih has stated that bringing national development, peace and stability to the country and its people through decentralization is...

US Embassy Announces Initiative to Launch American Chamber of Commerce in the Maldives

Plans to establish an American Chamber of Commerce (AmCham) in the Maldives were announced during the United States Embassy’s Independence Day reception...

MTCC Opens Opportunity for Apprenticeship Program

Maldives Transport and Contracting Company (MTCC) has opened the opportunity for an apprenticeship program, to prepare apprentices interested in marine engineering. This...

Bank of Maldives Opens Housing Grant to Support Vulnerable Families

Bank of Maldives has opened a Housing Grant as part of the series of 12 high impact monthly community initiatives to celebrate...

Maldives Ports Limited to Ease Importers

Maldives Ports Limited (MPL) announced that they have arranged changes in their policies to ease the importers amid the COVID-19 pandemic.

Haizoom Hameed Promoted to Sales Manager at Fairmont Maldives, Sirru Fen Fushi

Fairmont Maldives, Sirru Fen Fushi has announced the appointment of Haizoom Hameed as the resort’s new Sales Manager. With an impressive background...

Gov’t Launches SFD-Financed Housing Development in Hulhumalé

A major new housing development was launched yesterday in Hulhumalé, with support from the Saudi Fund for Development (SFD). The project,...

UN’s Resident Coordinator for the Maldives to Present Credentials to President Muizzu

The United Nations Resident Coordinator for the Maldives, Mr Hao Zhang, formally presented his credentials to President Dr Mohamed Muizzu during a...

Moody’s Warns Maldives May Face Difficulties in Obtaining Further Loans Due to Debt

American credit rating agency Moody's has revealed that due to the increase in Maldives' state debt, the country could face difficulties in obtaining...

Maldives Immigration Extends Deadline for Work Visa

Maldives Immigration has extended the length of time for work visa payments, as a part of its efforts to resolve the restrictions being faced...

Total COVID-Related Govt Spending Reaches MVR 3,895 Million

The Ministry of Finance has released the government's latest weekly COVID-19 spending report, detailing the MVR 3,895 million spent so far on...

Securities Law Amended to Broaden Maldives’ Capital Market

The Maldives Securities Act has now been amended to broaden the country's capital market. President Ibrahim Mohamed Solih ratified...

LATEST ARTICLES

Ooredoo Maldives Honoured with National Award on National Day

Ooredoo Maldives has been honoured with the National Award of Recognition in the category of Business and Economic Development, becoming the only...

Study Shows AI Boosts Accounting Productivity but Human Oversight Still Key

A new study from Stanford University and MIT Sloan has provided some of the first real-world evidence on how generative artificial intelligence...

Maldives Pledges Stronger Action on Disability Rights at UN Review

The Maldives has reiterated its commitment to strengthening the rights of persons with disabilities during the review of its Initial Report before...

New Regulation Outlines Dissolution Procedures for Dormant Companies

The Ministry of Economic Development and Trade has issued a new regulation establishing formal procedures for dissolving companies that fail to meet...

STO and Makita Celebrate 25 Years of Partnership in the Maldives

The State Trading Organisation (STO) and Japanese power tool manufacturer Makita celebrated 25 years of collaboration with a ceremony at Kurumba Maldives...
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