ITFC Extends USD 15 Million to STO

The International Islamic Trade Finance Corporation (ITFC), provides US$15 million in favor of State Trading Organization (STO), Maldives to facilitate their procurement...

COVID-19 crisis in Maldives is likely to improve by end of Ramadan – Dr....

The on-going COVID-19 crisis in Maldives is likely to improve by the end Ramadan, MNU Chancellor Dr. Hassan Hameed said during a...

Failing at Being Fit? Here’s the Simple Trick to Achieve That Body You Want!

People usually excel in their respective areas of work, yet sometimes when it comes to personal goals and decisions, they struggle.

Minister of Finance announces appeal process for re-registration of the Covid-19 recovery loan scheme

Businesses who have been rejected to COVID-19 relief loan from Bank of Maldives (BML) and SME Development and Finance Corporation (SDFC) have to request...

The Future of Air Travel Lies Beyond the “New Normal”

By Ilaciyah Madhushan The aviation industry has been drastically affected throughout the COVID-19 crisis which began with travel...

Canada extends over MVR one million to the Maldives Government’s programme to support homeless...

The Government of Canada has extended CAD 100,000 (approximately one million Maldivian Rufiyya) in support of the Maldives Government’s efforts in providing basic...

Popularity of Video Chat Apps Spike Amid COVID-19

By Bee Digital About Bee Digital: Bee Digital is a digital marketing agency in Maldives that specializes in social...

Housing Market

By Abdul Haleem Residential housing is one of the most talked about issue in the Maldives. Residential housing...

COVID-19’s Impact on Maldivian Retail Industry

Supermarkets and stores have been responding to an unprecedented demand triggered by the global COVID-19 crisis. Maldives supermarkets and stores, previously dependant on in-store customers...

COVID-19 Updates for 18th May

The total number of confirmed cases in Maldives has reached 1,094, with 1,031 active cases, 59 recoveries, and 4 fatalities.

Daily Highlights – 18th May

Here are the latest news updates for 18th May MET Office Issues Yellow Alert for Southern Maldives

Ooredoo Group & Ooredoo Maldives Donates MVR 2.5 Million to the Government of Maldives...

Ooredoo Group and Ooredoo Maldives have contributed MVR 2,500,000.00 to the Government of Maldives to acquire ventilators, personal protective equipment, and testing...

Male’ City Prepares to Embrace “New Normal”

Male’ City Council has begun preparations to get the city ready to embrace the ‘new normal’ after WHO warned that the COVID-19...

STO Earns MVR 2.4 Billion as Revenue in the 1st quarter of 2020

In the first quarter of 2020, State Trading Organisation (STO) earned MVR 2.4 billion as revenue, according to the 1st quarter reports of state-owned...

Finance Ministry Extends Freelancer’s Relief Loan Limit to MVR 30,000

The loan given to freelancers to financially assist them amidst the COVID-19 pandemic has been extended from MVR 18,000 to MVR 30,000,...

Employee Recall Heavily Depend On Occupancy Rates

Government of Maldives has closed its borders and declared lockdowns under its efforts to curb the spread of COVID-19. As a result,...

COVID-19 Updates For 17th May

The total number of confirmed cases in Maldives has reached 1,078, with 1,015 active cases, 59 recoveries, and 4 fatalities. Here are...

Daily Highlights – 17th May

Here are the latest news updates of 17th May 353 Bangladeshi Nationals Repatriated

Malaysia Drops Charges Against ‘Wolf of Wall Street’ Producer

Malaysian prosecutors have dropped money laundering charges against “The Wolf of Wall Street” film producer and stepson of ex-Prime Minister Najib Razak...

Mango Donates 1% of In-Store Sales to COVID-19 Solidarity Response Funds

1% of each in-store sale made at Mango Stores will be donated to World Health Organization (WHO)’s COVID-19 funds to support vulnerable...

USD 200 Million is not Enough to Manage the Country – Finance Ministry

The government of Maldives is working on acquiring USD 200 million from foreign financial institutes as funds to recover from the COVID-19...

Zakat Payments Made Easy Via m-Faisaa

Ooredoo enabled its customers to make their Zakat payments to the Islamic Ministry at the convenience of their homes via m-Faisaa on...

Restarting Maldives Economy – Expert Opinion

Government of Maldives has declared lockdown since 15th March 2020 due to spread of COVID-19 in the community. IMF now projects that...

COVID-19 Updates For 16th May

The total number of COVID-19 cases in Maldives has reached 1,031, with 978 active cases, 49 recoveries, and 4 fatalities.

LATEST ARTICLES

The Price of Residency: What the Maldives Must Fix Before Welcoming Wealth

This week, the Maldives officially entered the global investment migration market. In partnership with Henley & Partners, the country is launching its...

MMPRC Acknowledges Financial Losses, Outlines Reforms and Marketing Push

The Maldives Marketing and Public Relations Corporation (MMPRC) has responded to heightened scrutiny over its financial performance, after audit and parliamentary reports...

Maldives Sees Modest Inflation Rise in May, Driven by Electricity and Food Prices

Inflation in the Maldives edged up in May 2025, with the Consumer Price Index (CPI) rising by 0.48 percent compared to April....

Business Owners Must Apply for Tobacco Licence by 17 July, Says HPA

The Health Protection Agency (HPA) has reminded business owners that 17 July is the deadline to apply for a licence to conduct...

MMA Report: Resort Tourism Dips Even as Tourist Arrivals Surge in May

Tourist arrivals to the Maldives rose by 13 percent in May 2025 compared to the same period last year, according to the...
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