MTCC’s Ukulhas Harbor Development Project Hits 72% Completion
The Ukulhas Harbor Development Project, undertaken by the Maldives Transport and Contracting Company (MTCC), has seen 72 per cent completion .
MIFCO Initiates Yellowfin Tuna Procurement
Minister of Fisheries and Ocean Resources Ahmed Shiyam has announced that Maldives Industrial Fisheries Company Limited (MIFCO) is gearing up to buy...
Finance Ministry Initiates Consultant Recruitment for SOEs
The Ministry of Finance has announced the commencement of a consultant recruitment process to reform State-Owned Enterprises (SOEs).
According...
President Nominates Five Members to PCB Board for Parliamentary Approval
The President has nominated five individuals to the Privatization and Corporatisation Board (PCB), with their names forwarded to the State Owned Enterprises...
Government’s Overdraft Reaches MVR 8.2 Billion in Three Years
The government's overdraft has increased to MVR 8.2 billion over the past three years. In 2020, the net claims or overdrafts were...
Government Enforces Ban on Ultra-Thin Plastics
The government has banned the import and manufacture of plastic bags thinner than fifty microns and plastic supari bottles.
Maldives to Implement Controlled Food Prices for Ramadan
For the first time, the Maldives will experience controlled food prices during the month of Ramadan, announced by the Ministry of Agriculture....
How Maldives Can Set the Standard in Eco-Tourism
The Maldives, with its pristine beaches and rich marine life, stands on the cusp of becoming a global leader in eco-tourism. Amidst...
Gov’t Announces New Measures to Reduce Essential Food Prices
President Dr Mohamed Muizzu has introduced policies to lower the prices of essential food items in the Maldives, following a Cabinet meeting...
Dhiraagu Launches NetProtect to Enhance Online Security for Customers
Dhiraagu has launched NetProtect, a new digital security service designed to shield customers from a variety of cyber threats. Introduced at a...
Maldives Seeks Commissioner of Reform to Lead Economic Overhaul
The Ministry of Finance has released detailed terms of reference for the position of Commissioner of Reform, who will head the newly...
MMA Reports Growth in Foreign Reserves Following Tourism Sector Compliance
The Maldives Monetary Authority (MMA) has reported a 5% increase in the country’s official reserves, reaching USD 708.1 million at the end...
Gov’t Urges Employers to Complete Biometric Registration for Foreign Workers by End of April
The Ministry of Homeland Security and Technology has called on all employers in the Maldives to ensure that biometric registration for...
China Pledges Additional 400,000 Doses of COVID-19 Vaccine to Maldives
China has pledged additional 400,000 doses of the COVID-19 vaccine to the Maldives.
According to the information given to...
Qatar Airways Grounds its Airbus A350 Fleet Amid Finding Fuselage Accelerated Degradation
Qatar Airways has released a statement on grounding its Airbus A350 fleet amid finding fuselage accelerated degradation.
In addition...
Maldives Crosses 90% of Projected Tourist Arrivals in 2021 Budget
With more than 923,000 tourist arrivals so far this year, the Maldives has crossed 90 percent of the projected arrivals in this...
Customer Experience Enhancements and Strong Financial Performance in 3rd Quarter: BML CEO
Speaking at Bank of Maldives’ Extraordinary General Meeting held online today, CEO and Managing Director Tim Sawyer highlighted progress made by the...
President Leaves on a Tour of the South Miladhunmadulu Atoll
President Ibrahim Mohamed Solih on Tuesday morning left on a two-day visit to five islands in the South Miladhunmadulu Atoll. He is...
BML Launches Small Grants for Community Organizations
Bank of Maldives has introduced the BML Small Grants fund as part of the series of 12 high impact monthly community initiatives...
Shop with an American Express Card and Win Grand Prizes!
Bank of Maldives (BML) has announced a new promotion for its American Express card holders. All local transactions processed via American Express...
Stand the Chance to Win a Free Holiday to the Maldives through Maldives Virtual...
Maldives Virtual Tour Expo held from 1st to 31st July 2022 will be giving away 50 Free Holiday to the Maldives. An exciting opportunity...
Dhiraagu High-Speed Fibre Broadband Launched in B.Fehendhoo
With this service expansion, B.Fehendhoo residents can now choose from a great variety of Dhiraagu Home Fibre Broadband packages that have been...
BML Re-opens Small Grant Fund
Bank of Maldives has re-opened applications for the BML Small Grants Fund to allow NGOs an additional opportunity to access financing to...
New High Commissioners of Ghana and Gambia Present Credentials to President Solih
The new High Commissioner of the Republic of Ghana to the Republic of the Maldives, H.E. Kwaku Asomah-Cheremeh, on Monday, presented his...
LATEST ARTICLES
Tourism Carried the Economy. Again.
The Maldives Monetary Authority’s recently released Annual Report for 2024 paints a deceptively upbeat picture. At first glance, the 5.1% expansion...
Resort Teams to Face Off in First-Ever Ooredoo Nation Inter-Resort eSports Championship
Ooredoo Maldives is bringing competitive gaming to the island workforce with the launch of the inaugural Ooredoo Nation Inter-Resort eSports Championship...
Is the Maldives’ Fiscal Surplus a Sign of Discipline or Delay?
The Ministry of Finance reported a primary surplus of MVR 3.2 billion for the first four months of 2025, a figure...
MVR 15.9 Million Issued in Agriculture Loans Under Government Scheme
The Ministry of Agriculture and Animal Welfare has revealed that a total of MVR 15.9 million has been disbursed in agricultural...
Maldives and Japan Sign Defence Agreement to Boost Maritime Security
Japan has committed to enhancing maritime security in the Maldives through the provision of two harbour crafts to the Maldives National...
